Author: Dan Gendro

Tencent and Alibaba are beginning to compete more aggressively for the favor of mobile consumers throughout China

China has become a battlefield when it comes to mobile commerce competition. Two of the country’s largest companies, Tencent and Alibaba, have a longstanding rivalry with one another when it comes to engaging consumers. Both companies are beginning to focus on the mobile space more heavily as well. While Tencent has held a strong presence in the mobile space for some time, Alibaba is beginning to threaten that position by promoting and supporting mobile commerce throughout China.

Firm predicts the future of the mobile payments market in China

Internet consultancy firm iResearch has released a forecast concerning the mobile commerce market in China. According to the forecast, the market is expected to reach nearly $300 billion by 2017, with more than half of online payments being made from a smartphone or other mobile device. Mobile payments will likely continue growing in popularity as more people gain access to the mobile Internet. The popularity of mobile payments has encouraged companies like Tencent and Alibaba to embrace the mobile commerce sector more aggressively.

Tencent powers ahead with its WeChat application and new services

Tencent recently launched a new service for merchants through its WeChat application. The service allows merchants to accept mobile payments through the application, thereby enabling them to become more engaging for mobile consumers. Alibaba has its own mobile payments platform called Alipay, which has managed to accommodate more online transactions than both eBay and Amazon combined. These applications are poised to compete aggressively with one another, but Chinese consumers have yet to show their favor for one over the other.

Tencent may have what it takes to attract the support of China’s merchants

Tencent is expected to have an edge with merchants that are looking to get involved in the mobile space. WeChat is one of the most popular applications in the world and is quite well known in China. The popularity of this application among consumers may be enough to convince merchants that it is the best platform for their mobile commerce interests.

The mobile app development company is putting everything into resurrecting its social game.

Not too long ago, Zynga dominated the Facebook mobile gaming scene, with its hugely popular app called FarmVille, which was the social equivalent of what Candy Crush Saga has become, today.

That said, the flood of smartphone apps available to consumers has knocked the pins out from under the company.

The competition among mobile app development companies is tremendous, and leading hits has become a nearly impossible feat for the vast majority for firms. After having been king on Facebook, Zynga’s dominance has since eroded to a massive degree. Many would consider the company to be on the edge of altogether irrelevance. However, the company is now hoping to launch an effort that will send itself back up to the top of social and mobile gaming.

Mobile gaming enthusiasts will soon be able to find a second version of the game they loved, in FarmVille2.

Zynga is also hoping to reboot two of its old smartphone and tablet based apps, “Zynga Poker” and “Words With Friends”. Don Mattrick, the CEO of the mobile app development firm, has acknowledged that the last little while hasn’t been easy for the company, particularly due to the massive number of competitors in the race. However, he also feels that they are on their way to catching up, once more.

He explained that “You’ve got to keep innovating; you’ve got to give people things that cause them surprise and delight.” That said, he also went on to point out that “But the first thing you’ve got to do is get your content there.”

Mattrick is a veteran of Electronic Arts, having been an executive there. He had also previously run the Xbox division at Microsoft, before he left that osition in order to replace Zynga’s co-founder, Mark Pincus. Now, it is his intention to debut as Zynga’s CEO in San Francisco at an investor conference of Morgan Stanley. This new leadership will coincide with the company’s efforts to fulfill its promise to make a larger push into mobile gaming and, it hopes, to bring itself back to unquestionable relevancy.