5 Takeaways About China's Tech Landscape from a Stat-Filled Report [TheStreet.com]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: TheStreet.com
5 Takeaways About China's Tech Landscape from a Stat-Filled Report Though it's hardly a secret that China has a massive web and mobile ecosystem, some of the numbers involved can still be pretty eye-popping. Recently, Hong Kong's South China Morning Post and Chinese tech news site Abacus shared a 110-slide report Internet Trends Report 1. China Is Still Adding Internet and Mobile Payments Users at a y Clip The number of Chinese Internet and mobile Internet users grew by 57 million and 64 million in 2018, respectively, to 829 million and 817 million. Mobile payments users, nearly all of whom are using Alibaba-affiliated ( BABA Get Report TCEHY With China's Internet penetration only at 60% at the end of 2018 -- for comparison, the U.S. had a penetration rate of 89% -- there's still ample room to grow. China's Internet and mobile payments bases at a glance. Source: The South China Morning Post. 2. A Chinese Firm Is Africa's Biggest Phone Vendor -- and it's Not Huawei or Xiaomi According
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