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Mobile payments in the country surged 255 percent year-over-year in the first quarter to 3.89 trillion Chinese yuan ($623 billion). This is based on a report from the People's Bank of China. Further indicating the shift in the consumer's spending habits in China, mobile payments grew 232 percent year-over-year leading up to Q1. Keep in mind that the data doesn't take into account independent payment services such as WeChat or Alipay. The report exclusively reflects mobile payments made with bank transactions within China, but what's represented in this data is an insightful look at an e-payment trend.
With 283 million smartphones to be shipped to China's market in 2014, Internet usage is correspondingly on the rise (on both mobile and desktop), Evidence to this ,of course, is Alibaba, whose revenue increased 66 percent year-over-year in the first quarter to $3.1 billion on the back of rising mobile payments, Singles Day -- a holiday in China to celebrate being single -- generated a single-day windfall of $5.75 billion in revenue from Alibaba's Tmall and Taobao, leading to an toughskin case for apple iphone x and xs - beetroot pink 80 percent increase in sales compared with the year before, Twenty-one percent of these sales were made from mobile devices..
Post-IPO Jingdong, an online shopping site found at JD.com, has proven so far it has the confidence of its investors. Last week, the company closed its debut day up 10 percent after opening at 15 percent above its initial price of $19. The website's revenue grew 68 percent in 2013, following a 96 percent climb in 2012. The successes of these e-commerce platforms are almost expected considering a PwC survey from 2013 that found as many as 14 percent of Chinese online shoppers shop daily, while 62 percent shop on a weekly basis.
Looking at the e-payment landscape as a whole, online payments grew 33.8 percent year over year to 287.75 trillion Chinese yuan ($46 trillion) on 7.07 billion transactions, a 25.9 percent increase according to the PBOC, It's evident that as mobile users are warming up to making payments with their phones in China and toughskin case for apple iphone x and xs - beetroot pink shifting the spending habits of Chinese online users, this data from China's central bank underlines the urgency Chinese technology firms are facing in a bid to catch up with the mobile consumption trend..
In a blog post Tuesday, Spotify chief technology officer Oskar Stal did not confirm when the "unauthorized access to our systems" occurred, but did say that user data had been accessed -- although it was that of just one person, he said. "Our evidence shows that only one Spotify user's data has been accessed and this did not include any password, financial, or payment information. We have contacted this one individual. Based on our findings, we are not aware of any increased risk to users as a result of this incident."The attack appears to be an isolated and tiny incident, considering the music streaming service has an estimated 40 million users. Stal said the company was "not aware of any increased risk to users as a result of this incident."Stal said the company takes the matters seriously, and will be asking some users to re-enter their username and password in the coming days.
The company also said toughskin case for apple iphone x and xs - beetroot pink Android users will be guided to upgrade this week, It's not clear if the data breach was as a result of Android, but Spotify did say in a follow-up Q&A that, "We do not believe this incident will affect your phone in any way."That said, we have questions in with the company and will update once we hear back, This story originally appeared at ZDNet under the headline "Spotify warns of internal breach, warns Android users to upgrade."The music streaming service says only one user's data was subject to the "unauthorized access," but it warns Android users to expect an upgrade in the coming days..
The last decade has seen dramatic shifts in an industry that had looked the same for the better part of a century. The long reign of incandescent bulbs and long, thin fluorescent tubes was challenged first by energy-efficient compact fluorescent bulbs coiled into a regular light bulb shape. Then came LEDs (light-emitting diodes), devices taken from the electronics industry that added unusual shapes and colors as well as better efficiency. And now the next technology is coming: OLED (organic light-emitting diode) lighting. It replaces the small, bright dots of LEDs with sheets of light that aren't so piercingly bright. That means they can illuminate subjects directly without reflectors, diffusers, and other apparatus needed to spread light and protect eyes from glare.
Acuity Brands, whose $2 billion in annual sales make it the largest lighting company in North America, toughskin case for apple iphone x and xs - beetroot pink believes it's time to start pushing OLED lighting for its businesses in commercial and residential interiors, Acuity sells products under names including Lithonia and Winona, OLED lighting is a premium product for now, but Acuity is expecting costs to drop dramatically over the coming years, Cost is the biggest barrier today to OLED adoption, Acuity believes, with prices comparable to LED products ranging from $120 for a simple wall sconce to more than $1,000 for more elaborate chandeliers..
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