Weibo Wallet made a good start, 50000 Xiaomi mobile was sold out in a little longer than 5 minutes.

I explained that Sina Weibo start to provide their payment system "Weibo Wallet" before.

And I also explained that they have a plan of start campaign with Xiaomi mobile. They set 50000 Xiaomi mobile on there at December 21, but as a result these were sold out just 5 minutes 14 seconds.

Official account of Weibo Wallet said finally 1,300,000 people reserved this mobile phone, and related tweet was forwarded 2,400,000 times.

Watching this result so far, it can be said that Weibo Wallet made a good start. But Xiaomi mobile is one of the most popular mobile phone in China now, so there is some possibility that this result was issued from the popularity of Xiaomi mobile.


But anyway, it is a glaring fact that Weibo Wallet got the measurable registered users at this time. And they said that they extend the partnership with many suppliers in future, they also said that all company are welcomed.

We have to keep attention whether Weibo Wallet can get the big success or not as before.


Source => Official account of Weibo Wallet, WestE

Sina Weibo started to provide their payment system "Weibo Wallet".

A few days ago, Sina Weibo started to provide their payment system "Weibo Wallet(微博钱包)".

Its account is tied up the account of Sina Weibo, and its user not just can buy some goods, but also can pay the utility expenses.

It can charge money from bank, mobile phone, Weibi and so forth.

Now they have a campaign with Xiaomi, they announced on their top page that they will start to sell the new mobile phone of Xiaomi from December 21.

I said that Sina Weibo already started monetization before, they may start to enhance their EC solutions in earnest. I will keep watching its action as ever.


Source => TechWeb

Xiaomi CEO Leijun announced that Xiaomi will start to sell their set-top box on November 14th.

On the Sina Weibo, Xiaomi CEO Leijun announced that they will start to sell the set-top box on November 14th.

"I have tested it fixed time, and I was convinced that  this will become the best product in our history. It will start to sell on November 14th.", he said on Sina Weibo.


According to the news, the price of this set-top box "Bingo" will be 499 RMB(= 79.21USD). This set-top box was equipped with customized Android, and this can support Airplay and DLNA, and user can use Android devices and iPhone as this remote controller.


Xiaomi continue steady advance on their mobile devices, but we have to keep attention whether they can keep or accelerate their advance or not.


Source => China Daily, Tech Web

Baidu formally established LBS division, and they announced to accelerate their LBS business with some partners.

Baidu held a event yesterday, and they announced to establish LBS division formally and start the project that is called "Smart Life".

And they also announced to make cooperation with some partners. Baidu will make a cooperation with Xiaomi to accelerate mobile MAP and LBS solution more than now.

Baidu have 21.3% market share in Chinese mobile map market, but AutoNavi and Google also each have 19.3% and 19% market share, so it also can be said that Chinese mobile map market is in the age of rival chiefs.

And Baidu also mentioned their business model, they said that O2O(MAP + Near Location + LBS) ads is the one of profitable case.


Baidu have a big presence in Chinese PC search market, but on the other hand they don't have a big presence in mobile solution area including search market compared to PC search market.


I will keep attention to their mobile solution including this LBS business as before.



Source => People's Daily Online, Ifeng, CNR