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Tag "Tencent"

    Brief: Beijing in talks to take direct control of tech giants with 1% stake

Brief: Beijing in talks to take direct control of tech giants with 1% stake

Photo credit: wu yi / Unsplash. The news (extracted from the Wall Street Journal): Chinese regulators want more direct control of Tencent, Twitter-like Weibo, and Youku Tudou, a video-streaming platform owned

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    In India, Ola escalates Uber war with $2b funding

In India, Ola escalates Uber war with $2b funding

Photo credit: Michael Coghlan. Ola, India’s homegrown challenger to Uber, has pocketed US$1.1 billion in funding, it announced this afternoon. There’s more in the works, taking the total fresh input

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    Brief: SoftBank, Tencent invest $2 billion in India’s Uber rival Ola

Brief: SoftBank, Tencent invest $2 billion in India’s Uber rival Ola

Photo credit: Tech in Asia. The news (extracted from Bloomberg): India’s ride-hailing company Ola has raised US$2 billion in fresh funding from SoftBank, Tencent, UC-RNT Fund, a venture capital fund

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Brief: China fines WeChat, Weibo in intensifying crackdown on banned content

  Brief: China fines WeChat, Weibo in intensifying crackdown on banned content

Photo credit: Sinchen Lin. The news (extracted from the Wall Street Journal): The Chinese government said it fined Tencent, Baidu,

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WeChat is quietly developing its own AR platform

  WeChat is quietly developing its own AR platform

Photo credit: Tech in Asia. China’s most popular messaging app WeChat is quietly developing its own framework for augmented reality

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Jack Ma’s Alipay takes on WeChat’s ‘instant apps’

  Jack Ma’s Alipay takes on WeChat’s ‘instant apps’

Photo credit: Ant Financial. In China, smartphone apps have never felt more obsolete. WeChat, China’s most popular messaging app, hosts

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Understanding Alibaba’s latest move to jumpstart next phase of ecommerce growth

  Understanding Alibaba’s latest move to jumpstart next phase of ecommerce growth

An offline retail store in Hangzhou displays a Tmall logo after partnering with Alibaba. Photo credit: Alibaba. The battlefield of

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WeChat is close to a billion users

  WeChat is close to a billion users

WeChat, China’s favorite messaging app, now has 963 million people actively using it, the company revealed today. That figure for

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It’s the beginning of the end for China’s beloved multiplayer PC games

  It’s the beginning of the end for China’s beloved multiplayer PC games

Photo credit: ginnerobot. Honor of Kings, the iOS and Android smash-hit that’s the world’s top grossing game right now, just

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