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Sina Weibo exceeds 400 million users, sees increasing mobile traffic
Microblogging site Sina Weibo, China's answer to Twitter, reported a pretty dazzling statistic in its third quarter results: it now boasts over 400 million registered users. We can't be sure how many are active, of course, but it's still a vast number considering appeal is localized to the People's Republic. It also means Sina is winning the popularity contest with social media competitor Tencent, although it humbly acknowledges their services are somewhat different. The company's platform is still evolving, and it's only recently seen mobile usage exceed computers, so is shifting product focus accordingly. Sina's obviously doing something right, and that suits us just fine -- keep those news bites and juicy leaks coming.
Tencent reveals how it gets users to pay for its service
We've all seen those "OMG! Don't make us pay for Facebook" fake petitions, but App.net and The Social Network raise questions about how our social services raise their moolah. Tencent's Sophia Ong has revealed that it's in the unique position of having users happy to pay for services that we take for granted. While signups for QZone (Facebook equivalent) is free, users have to use QBs, the site's virtual currency, to buy and clothe their avatars. While 1 QB = 1 yuan ($0.16), there are 30 million paying customers on the site -- meaning that the company can count on around $50 million in monthly payments. It's not stopping there either, sensing a slowdown in the local economy, the company has an eye on opening up its eCommerce platform to ensure it can continue to rake in the cash.
Weibo services 'punished' for Beijing coup rumors, comments temporarily disabled
For a country who doesn't really do April Fools' Day, you know China means business when it lays the smackdown on its weibo services. Here's the background story: about a week ago there was a rumor on the Chinese web about a military coup on one of the main streets in Beijing, and coincidentally I was in town around the time (for the Windows Phone launch). Funnily enough, I wasn't aware of this at all until my taxi driver in Hong Kong asked me about my visit, as he claimed that the passenger he picked up beforehand was actually a Chinese military officer who had several intense phone calls about said coup.But of course, nothing actually happened. In fact, the guards at Tiananmen Square and the Forbidden City were pretty relaxed when I visited on that very day. As for the rumormongers, the Chinese government announced through Xinhua that 16 websites have been shut down and six people have been detained, while local microblogging platforms Sina Weibo and Tencent Weibo have been "criticized and punished accordingly," though it didn't elaborate on the details. All we know is that comments under each weibo post are now disabled until local time 8pm on April 3rd, during which these two companies can, in their own words, clean up the mess. Well, at least we now know where to draw the line for China's April Fools'.
