Posts Categorized: Business

Tencent revenues 2012

Hailing WeChat and Mobile Progress, Tencent Posts $7 Billion in 2012 Revenues

Hong Kong markets have just closed, and Tencent (HKG:0700), China’s biggest web company, has released its 2012 full-year and Q4 financials...

  • March 20, 2013
  • at 5:48 pm
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mol-office

MOL Acquires AyoPay, Confirms Indonesia is Top Priority This Year

Malaysia’s leading payment service giant, MOL, has acquired Indonesia’s AyoPay for an undisclosed sum. AyoPay is a 20-man team b...

  • March 20, 2013
  • at 11:01 am
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American Copycat: MessageMe is Just a Clone of Popular Asian Chat Apps

American mobile chat app MessageMe has been generating a lot of buzz since its launch just a couple of weeks ago, and with good reason. Tech...

  • March 20, 2013
  • at 9:30 am
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Double-Handshake-youku-tudou-tvb

Youku Tudou Signs Exclusive Deal To Stream Popular Hong Kong TV Content

China’s top video-streaming company Youku Tudou (NYSE: YOKU) has signed an exclusive two-year deal with Hong Kong channel TVB. If you̵...

  • March 19, 2013
  • at 9:55 pm
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Rumor: ZTE Executives Detained in Mongolia Bribery Investigation [UPDATED]

It seems every day we come across another rumor about Chinese telecommunications firm ZTE, but unlike last week’s rumor, this one has ...

  • March 19, 2013
  • at 9:00 am
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China’s CCTV Accuses Apple of Bias Against Chinese Customers

Yesterday was World Consumer Rights Day. Every year in China on March 15, China’s official state broadcast network CCTV airs an invest...

  • March 16, 2013
  • at 1:09 am
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China Taobao mobile shopping

China’s Top E-Commerce Sites Saw 600% Growth in Mobile Shopping Last Year

We know that China’s netizens love shopping online – and collectively spend about $40,000 per second on local e-commerce sites &...

  • March 15, 2013
  • at 10:18 pm
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Idblognetwork

Indonesia’s Affiliate Market is About to Get a Big Push from IdBlogNetwork

I remember that during our Jakarta Meetup last month, Veritrans’ Ryu Kawano and Ideosource’s Andi Boediman said how they believe Indones...

  • March 14, 2013
  • at 9:00 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 Mobile 100 million 3G subscribers

China Mobile Finally Has Over 100 Million 3G Subscribers

It took over three years to materialize, but finally it’s happened: China Mobile now has over 100 million 3G subscribers. The mileston...

  • March 20, 2013
  • at 1:30 pm
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Rumor: Baidu Interested in Buying Aibang

TechWeb yesterday reported quite an interesting rumor: Baidu is interested in buying the commerce search and group buy company Aibang. Aiban...

  • March 20, 2013
  • at 10:30 am
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How to Stop Chinese Copycats from Stealing Your App

On Monday, my colleague Steven wrote about a cool new gaming platform inside of WeChat, and in the comments the estimable Serkan Toto rightf...

  • March 20, 2013
  • at 9:00 am
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Chinese IPO losers

Check Out the Biggest Winners and Losers among Chinese Web IPOs (CHART)

One is worth thousands of percent more today than when it IPO’d, while another is worth a mere dollar per share. Oh, the slings and ar...

  • March 19, 2013
  • at 4:27 pm
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Xiaomi to Start Selling Smart Shoes (Yup, You Read That Right)

For a while now, Xiaomi has been taking advantage of its “cool factor” branding to sell lots of things that aren’t smartph...

  • March 19, 2013
  • at 8:00 am
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nusaresearch

Backed By Japan’s WWS Corp, NusaResearch Aims to be Indonesia’s Top Online Research Firm

Indonesian online market research site NusaResearch is a startup that believes its Japanese expertise can spice up the Indonesian research e...

  • March 15, 2013
  • at 10:46 pm
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Docomo Confirms Acquisition of Magaseek

Docomo Confirms Acquisition of MagaSeek for $21 Million to Boost E-Commerce Efforts

Today, Japanese telco NTT Docomo (NYSE:DCM) has confirmed that its proposed stake in fashion-oriented e-store MagaSeek (TYO:3060) has been a...

  • March 15, 2013
  • at 3:18 pm
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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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