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China Is Second Largest Market for Apple Store Downloads

China has become the second largest market for downloads in Apple’s App Store, according to an independent study. The largest market is th…

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The total number of downloads in Asia “grew significantly” in the past six months, the Distimo study found, while downloads from western countries decreased.

Unfortunately for many app developers, the number of paid downloads and overall sales revenue still lag behind the U.S. (by about a third) and Europe. Customers would rather download the free version of an app than pony up a few dollars for the premium, ad-free version. Customers in Japan are more willing than those in nearby countries to pay for apps.

In-app purchases are also trailing behind, underlining the need for developers targeting Asian markets to pursue alternative monetization strategies, such as advertising.

The study also found that the majority of popular iPhone apps in Asia, such as KungFu Food-Panda and Birzzle, are only popular in Asia. This is especially true in China, South Korea and Japan. In countries such as India and Indonesia, app localization is less important.

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China Is Second Largest Market for App Store Downloads [STUDY]

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Startups

Thailand’s Fintech growth among the fastest in ASEAN

Thailand is regarded as an ASEAN country with rapid Fintech development, with 140 Fintech companies registered, while about half of them are new companies.

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BANGKOK, (NNT) – The growth of Financial Technology in Thailand is said to be among the fastest in ASEAN. The World Bank meanwhile, has suggested the government reduce inequalities in access to capital to enable variations in Fintech development to emerge.

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Corporate

Flexible working and cybersecurity

It’s one thing to stay on top of data protection procedures when everyone’s operating under the same roof, but what about when employees are working remotely?

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Flexible working and cybersecurity

As flexible working becomes the new normal, how can risk directors feel confident company data is secure?

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China

Cross-border e-commerce: How Thai SMEs can win over Chinese hearts?

It is expected that by 2020, China’s CBEC import value will reach CNY 3 trillion, representing a compound average annual growth rate (CAGR) of 30%, a growth rate highest among all types of trade.

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Navigating thru China’s cross-border e-commerce: How Thai SMEs collaboration can win over Chinese hearts?

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