Sending money as well as messages [Global Times]
(Global Times Via Acquire Media NewsEdge) Yang Haoyu gives a presentation of Youni. Photo: Courtesy of Snda
The Snda Group on October 16 officially launched Youni, a messaging application featuring a consumer-to-consumer (C2C) money transfer service, jumping into the mobile Internet business competition to win the increasing number of social networking application users. Similar to WeChat, the most popular mobile communication and private social networking app, Youni's social network is based on user's smart phone contacts. Users are also able to share and communicate in audio and text messages and images. Nevertheless, Youni stands out from other similar products by enabling users to transfer a small amount of money to each other, after they register their mobile numbers with their bank."Youni will impress the market by its convenience," says Yang Haoyu, CEO of the Shanghai Youni company, which is under the Snda Group. Yang envisions building an online platform in which users can sell and buy items with their friends, raise money for charity, organize dinners, and plan travel together.User's privacy and the security of the money transfer process is protected, says Yang, emphasizing that banks will also accredit users whose real-names are registered with their mobile phone numbers. Youni is one of the newcomers into the social networking app market. In August, Internet venture NetEase and the State-owned telecommunication provider China Telecom jointly launched the messaging application Yixin, aiming at sharing the social networking market dominated by WeChat, developed by Tencent. In a report released by Global Web Index, a marketing research company with headquarters located in London and Singapore, WeChat ranked No.5 in the top smartphone apps downloaded by users, after Google Maps, Facebook, Youtube and Google+.Youni was previously designed as a SMS gadget to help users send free text messages. It boasts more than 50,000 users. It ranks second after WeChat among all the social networking apps in China.
(c) 2013 Global Times. All rights reserved. Provided by Syndigate.info an Albawaba.com company
[ Back To Technology News's Homepage ]