Posts Categorized: Business


MOL Turkey

MOL Makes Big Turkish Investments, Eyes Mobile Payments in Europe, Middle East, and North Africa

Malaysia’s e-payment giant MOL has announced its majority investments in Turkey’s Game Sultan and PaytoGo. The strategic investment in T...

  • March 13, 2013
  • at 4:20 pm
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zalora tengelmann

Zalora Gets $26 Million from Germany’s Tengelmann, Plans New Developer Base in Singapore

Rocket Internet’s Southeast Asia-oriented online fashion shop Zalora announced today that it has received a cool US$26 million investment ...

  • March 12, 2013
  • at 7:57 pm
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China Mobile and China Unicom Agree WeChat is a Threat, But Can’t Agree on How to Fix It

Tencent is not a well-liked company at any of China’s major telecoms. First there was QQ, the instant messaging service that used mass...

  • March 12, 2013
  • at 12:00 pm
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ZTE Responds to Rumor that Big Layoffs Coming in 2013, Kind of Denies It

In response to a report quoting anonymous sources in Investment Bulletin suggesting that ZTE would lay off as much as twenty percent of its ...

  • March 12, 2013
  • at 10:00 am
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selular online

Samsung Galaxy S3 Dominates Selular Awards 2013 in Indonesia

Indonesian gadget news site Selular 1 held its annual gadget prize ceremony, the Selular Awards 2013, on Friday night. Three of Samsung’s ...

  • March 11, 2013
  • at 5:00 pm
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Samsung sales in China

Report: Samsung Still Dominates in China, Sold 30 Million Phones in 2012

These days on the subway in Shanghai, I seem to see more people stretching their palms around a massive Samsung Galaxy Note 2 or a Galaxy SI...

  • March 11, 2013
  • at 12:39 pm
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incubators indonesia

Regulation for Indonesian Incubators Will be Finalized This Month

Indonesia’s Kontan reports today that regulations covering the development of startup incubators and any SMEs – yes, including tech ...

  • March 8, 2013
  • at 1:16 pm
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baby-kisses

Tech in Asia Shakes Hands With GWC

The Global Mobile Internet Conference (GMIC) is run by the good folks from the GWC. Tech in Asia and GWC are pretty close – you know, ...

  • March 7, 2013
  • at 5:49 pm
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china-MIIT

Government Signals China Might Finally Get a 4G Network This Year

The folks over at China’s Ministry of Industry and Information Technology (MIIT) sure know how to play hard to get. They hold all the ...

  • March 7, 2013
  • at 7:00 am
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Prices on the Rise? New Tax Policy May Make Chinese E-Commerce Sites Pricier

Late last week I wrote about how e-commerce sites in China evade taxation by not providing official invoices (which can only be purchased fr...

  • March 13, 2013
  • at 1:30 pm
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China’s Top Make-Up Deals Site on Track to $100 Million in Profit for 2013

If you asked 100 Chinese people where they buy online deals for discounted restaurant meals, then I suspect most would give wildly different...

  • March 12, 2013
  • at 4:30 pm
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China’s Online Drug Stores Face Stiff Competition for Tiny Market

China’s e-commerce industry has exploded over the past several years, and with it successful speciality shops have cropped up online f...

  • March 12, 2013
  • at 11:00 am
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Xiaomi Box

Report: Xiaomi’s Set-Top Box Finally Coming April 9

China’s Xiaomi has proven itself to be pretty great at selling phones, but the company surprised a lot of people when it announced it ...

  • March 12, 2013
  • at 8:00 am
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Alibaba Appoints Jonathan Lu as New CEO

Alibaba Appoints Jonathan Lu as New CEO, Will Take Ma’s Desk on May 10

Jack Ma, the founder of China’s top e-commerce company, announced a couple of months ago that he’d step down from his role as Al...

  • March 11, 2013
  • at 2:47 pm
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middle finger salute

Happy Ending’s Shock Advertising Teaches you to Think Different

Yesterday, Minh wrote about Happy Ending, an e-commerce flower shop in Vietnam that has captured a lot of attention on Facebook and Twitter....

  • March 8, 2013
  • at 9:08 pm
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Sina Weibo Testing New, WeChat-Like Public Platform

A couple weeks ago, Sina admitted its flagship product Weibo is threatened by WeChat. Then last week, I wrote about why the Weibo vs. WeChat...

  • March 8, 2013
  • at 8:00 am
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IDC: Smartphone Sales Way Up in China, Now Account for 73.2% of All Mobiles Sold

The China division of the market research firm IDC has said that Chinese consumers snapped up a grand total of 213 million smartphones in 20...

  • March 7, 2013
  • at 3:37 pm
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Qihoo Q1 2013 financials

Despite Being at War With Everyone, Qihoo Posts Stellar 2012 Financials

Despite every single one of its iOS apps being banned by Apple right now, and a lot of negative media coverage of how its desktop apps threa...

  • March 6, 2013
  • at 10:59 am
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