Posted by Steven Millward

Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

China's Weibo pulled in $67.5 million in revenue in Q1 2014. This is the first earnings report since...

By Steven Millward

  • 0
  • May 22, 2014
  • at 10:54 am
Lenovo sold 50 million smartphones globally last year, remains China's number 2 smartphone brand

Lenovo sold 50 million smartphones globally last year, remains China’s number 2 smartphone brand

Lenovo sold 50 million smartphones and 9.2 million tablets in the previous year, marking the fourth ...

By Steven Millward

  • 0
  • May 21, 2014
  • at 6:40 pm
Tencent puts money into new $36 million funding round for Whisper

Tencent puts money into new $36 million funding round for Whisper

The new funding for Whisper was led by Shasta Ventures, along with participation from Chinese web gi...

By Steven Millward

  • 0
  • May 21, 2014
  • at 11:05 am
10 taxi apps for Asia - 2014 list

10 taxi apps you can use across Asia

Standing on the curb with your arm flapping in the air is so last century. The best way to grab a ca...

By Steven Millward

  • 0
  • May 21, 2014
  • at 10:10 am
HelloMarket, Korea's Craigslist on steroids, gets funding to expand in Japan and more countries

HelloMarket, Korea’s Craigslist on steroids, gets funding to expand in Japan and more countries

South Korea-based HelloMarket is like Craigslist on steroids, with a better interface oriented aroun...

By Steven Millward

  • 0
  • May 20, 2014
  • at 5:29 pm
ecommerce spending in China, Q1 2014

As world awaits Alibaba IPO, China’s ecommerce spending grows to $74 billion in Q1

New figures out today show that spending on China’s ecommerce sites keeps growing, hitting a grand...

By Steven Millward

  • 0
  • May 20, 2014
  • at 11:19 am
Chinese app Mimi is like Secret

China’s “blatant copy” of Secret vanishes from iOS App Store

The China-made Secret doppelganger app is no longer in the iOS App Store.

By Steven Millward

  • 0
  • May 19, 2014
  • at 6:23 pm
GrabTaxi challenges Uber with launch of new limo service called GrabCar

GrabTaxi challenges Uber in Asia with launch of new limo service called GrabCar

Malaysia-based startup GrabTaxi is trying something new for people who want something fancier than a...

By Steven Millward

  • 0
  • May 16, 2014
  • at 9:32 pm
Narendra Modi's first tweet as new prime minister sets Twitter record in India

Narendra Modi’s first tweet after general election victory sets Twitter record in India

The next Indian Prime Minister, Modi’s celebratory tweet has accumulated 40,000 retweets and 24,50...

By Steven Millward

  • 0
  • May 16, 2014
  • at 4:23 pm
China, WeComics app

China’s WeComics app gets $1.5 million funding to emulate the success of Bitstrips

WeComics is like China’s answer to Bitstrips. Not only is it the same idea – user-created comics...

By Steven Millward

  • 0
  • May 15, 2014
  • at 11:23 am
Tencent Q1 2014

Tencent pulls in $2.95 billion in revenue in Q1 as WeChat gaming takes off

Chinese web giant Tencent (HKG:0700) had a blockbuster Q1, according to its new financial report tod...

By Steven Millward

  • 0
  • May 14, 2014
  • at 7:12 pm
WeChat grows to 396 million active users

WeChat grows to 396 million active users

WeChat has now grown to 396 million monthly active users, says the messaging app's maker, Tencent.

By Steven Millward

  • 0
  • May 14, 2014
  • at 6:17 pm

Check out this social network for China’s pampered pets

About 33 million households in China have a cat or a dog. China’s pet owners now even have their o...

By Steven Millward

  • 0
  • May 14, 2014
  • at 3:15 pm
Not as big as Alibaba, but upcoming IPO for rival JD could value it at up to $24.6 billion

Not as big as Alibaba, but upcoming IPO for rival JD could value it at $24.6 billion

JD’s latest update reveals that the ecommerce company is pricing its shares in the US$16 to $18 ra...

By Steven Millward

  • 0
  • May 13, 2014
  • at 5:30 pm
Xiaomi breaks into global top 10 in terms of smartphone shipments, moves up to 3rd in China

Xiaomi breaks into global top 10 for smartphone shipments, kicks out HTC

Boosted by buyers in China, half of the worldwide top 10 phone brands are now Chinese. Huawei is thi...

By Steven Millward

  • 0
  • May 13, 2014
  • at 12:39 pm
Flea market app 10sec gets funding ahead of launch

Flea market app 10sec gets funding ahead of launch

10sec hasn’t even launched yet, but the startup behind the social flea market app has just wrapped...

By Steven Millward

  • 0
  • May 9, 2014
  • at 8:29 pm
China's top flirting app reportedly prepping US IPO as value rises to $2 billion

China’s top flirting app reportedly prepping US IPO as value rises to $2 billion

China-made Momo is reportedly preparing a US IPO that could happen later this year.

By Steven Millward

  • 0
  • May 9, 2014
  • at 5:19 pm
App Virality service

App Virality: getting your app to go viral is now a necessity

The soon-to-launch App Virality is “a growth-hacking toolkit” for app developers, says Laxman Pa...

By Steven Millward

  • 0
  • May 8, 2014
  • at 6:20 pm