Tag "Tencent"

Mobike gets $600m as global expansion shifts into top gear

June 16, 2017 0

Photo credit: Mobike. Bike-sharing app Mobike has raised yet another huge round of funding, the Chinese startup revealed this morning. This time it’s pocketing US$600

Brief: VNG, Vietnam’s answer to Tencent, eyeing US IPO

May 31, 2017 0

The news: Vietnam-based internet company VNG Corp has signed a preliminary deal with US stock exchange Nasdaq to explore an initial public offering. It could

Opinion: WeChat is eating the Chinese internet, and that’s not a good thing

May 30, 2017 0

If you want to understand how WeChat is changing the Chinese internet, I have a recommendation for you: Katamari Damacy. In Katamari Damacy, a 2004

Alibaba to lead $1b round into Chinese food delivery startup

May 26, 2017 0

An Ele.me delivery man picks up a pizza from a restaurant. Photo credit: Ele.me’s Weibo. Alibaba and its finance affiliate, Ant Financial, are in talks

WeChat just launched a search engine. Baidu should worry.

May 18, 2017 0

Photo credit: Tech in Asia. Chinese search giant Baidu has had it good. For years, the tech firm has enjoyed a near monopoly of the

Brief: Tencent reports best quarter ever, thanks to mobile games

May 18, 2017 0

Photo credit: Tech in Asia. The news: Tencent has posted record quarterly sales and profit figures for the three months ending March this year. The

Q&A: WeChat guru Matthew Brennan on the superapp’s next move

May 15, 2017 0

Nichole Zuo and Matthew Brennan, co-founders of China Channel. Photo credit: Tencent. There are few products in China as influential as WeChat. The Chinese social

Silicon Valley is passe. Indian startups turn to China for inspiration.

May 12, 2017 0

Indian founders and investors on a flight from Hangzhou to Shenzhen. Blume Ventures’ Sanjay Nath leans over from the right. Photo credit: ZDream Ventures. Two

Chinese tourists are bringing their wallets – and China’s tech giants – overseas

May 11, 2017 0

Chinese tourists snap a selfie in Venice, Italy. Photo credit: gregorylee / 123RF. Chinese tourists are notorious for spending money. In Japan, locals even have

Valley-obsessed Indian startups now turn to China for inspiration

May 11, 2017 0

Indian founders and investors take a ride on Shanghai’s high-speed magnetic levitation train. Blume Ventures’ Sanjay Nath leans over from the right. Photo credit: ZDream