Social Media News From Asia [31st January 2014]

by Prasant Naidu on January 31, 2022

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1. Line makes more money than any other non-game app in the world: Line‘s active user count might be an enigma, but the latest edition of the App Annie Index shows outside of games, Line was the top earning app and publisher in the world in 2013. Read more here.

2. WeChat’s online savings fund rakes in $130 million in deposits on first day: Just over a week ago Tencent launched Licaitong for WeChat, a consumer investment fund that lets Chinese users store savings in a money-market fund with an annualized return of about 7 percent. Read more here.

3. Line’s emoticons get less cartoony with addition of photo stickers: The oversized stickers on messaging apps like Line have been central to their success. But the stickers are usually of the cutesy-cartoony variety. That changes today with what Line says are its first ever photo stickers. Read more here.

4. Philippines’ Babble Messenger set to compete with other Asian chat apps: The Philippines now has a chat app to call its own amidst the global messenger craze, now that Voyager Innovations, a subsidiary of telco Smart Communications, has officially launched Babble Messenger. Read more here.

5. IPG Mediabrands Australia launches social marketing business, ‘Society’: The IPG Mediabrands Australia group is moving its social capability and future development of social campaigns into a new business named Society and has appointed Nicola Swankie as its Managing Director. Read more here.

Prasant Naidu

Founder and Blogger at Lighthouse Insights.

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