18 must-read tech stories from China this week

Josh Horwitz
6 must-read tech stories in China this week

Singles Day madness, more media censorship, and sex dolls – just another seven days in the world’s most populous country! Here’s our roundup of the week’s top stories from China.

1. China’s ‘Cyber Monday’ ends with $5.7 billion spent in 24 hours on Alibaba’s e-stores

That massive $5.7 billion figure counts only Tmall and Taobao customers who paid via the company’s own Alipay (like Paypal), so the total spending amount will be higher once all payment methods are totaled up.

2. Xiaomi brings in an astonishing $90 million in sales within 24 hours during Chinese e-commerce blowout

Xiaomi also reports that it ranked as the top grossing single-product line store on Tmall, as well as the top grossing cellphone store on Tmall.

3. $4.1 million missing after a Bitcoin trading site in China goes dark

The site went down on October 26, and the case is currently under investigation by the Hong Kong police.

4. China’s Jingdong ends 11/11 shopping spree, sees customers spending $1.6 billion

It’s a strong figure from China’s second largest online shopping mall, but the number is still dwarfed by the $5.7 billion spent on Alibaba’s Tmall and Taobao.

5. Chinese clothing e-tailer Vancl gets $100 million more funding, probably not bothering with IPO

Vancl – which also has an open marketplace for clothing-related merchants called V+ – is still dogged by rumors of financial problems.

6. Sony CEO says company working on selling PlayStations in China

This could result in the PlayStation being sold legally in China for the first time ever.

7. Sina Weibo making more money than ever, ad revenue up 125%

Weibo advertising revenue skyrocketed 125 percent on last year to $43.7 million, up 46 percent from $30 million last quarter.

8. China’s flirty Momo app quickly doubles user-base, now chats up 80 million people

Momo founder Tang Yan also revealed on his Weibo page that the app now has 39 million monthly active users, and 13 million who are active daily.

9. China’s biggest online video sites form alliance against piracy, collectively sue Baidu for $49 million

The China Online Video Anti-Piracy Alliance claims Baidu is the biggest enabler of video piracy in the country via its Baidu Video (百度视频) aggregator, Baidu TV Stick, Baidu Yingyin desktop player, and the Baidu Video mobile app.

10. Sina Weibo: we’re still seeing growth, now up to 60.2 million daily active users

In the post-earnings conference call, Sina CEO Charles Chao revealed that Weibo’s daily active users grew 11.2 percent to reach 60.2 million from June to September. That’s better than the 8.3 percent rise in daily actives during Q2.

11. Tencent: WeChat now has 271.9 million monthly active users around the world

That’s up 15.3 percent from Q2, and up 124.3 percent from the same time a year ago.

12. Sina Weibo punishes or deletes over 100,000 accounts that violated new government rules

It’s likely that many of those punished had been spreading political rumors – or perhaps even legitimate news that was deemed too sensitive for the nation’s severely locked-down media landscape.

13. Alibaba’s e-wallet nears 100 million users, will be an independent brand

Alibaba says one-third of all items are purchased through Alipay on mobile phones, an increase of 800 percent since one year ago.

14. Netease rakes in record revenue thanks to self-developed games, overcomes drop in World of Warcraft players

Netease cited government action and decline in popularity among Chinese users as possible future risks for WoW.

15. Youku reduces losses in Q3, grows to 300 million video views per day

Earlier this summer, Youku said that it’s in good stead as consumers switch to smartphone and tablet viewing, with the company having the most mobile viewers per day of any of its rivals in China.

16. What has been seen can be unseen: a catalog of photos censored by China’s Sina Weibo

These banished images show that what can be seen can be unseen – at least in the minds of the censors, if not in the visual cortex of the nation’s netizens.

17. Wall Street Journal and Reuters’ Chinese sites blocked in China

Tech in Asia‘s Beijing staff tested and confirmed the block at 3:50 p.m.

18. Chinese e-commerce site draws anger for global sales of child-size sex doll

A Chinese e-commerce site that helps Chinese manufacturers sell goods globally is getting into big trouble for one very creepy product being sold on its site.

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