Posts Categorized: Business


Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Chinese e-store Jingdong is on course to pull in over $16.35 billion in sales revenue in 2013, according to founder and CEO Liu Qiangdong. S...

  • December 23, 2013
  • at 8:00 pm
Read More

China Mobile official iPhone sales

Apple’s deal with China Mobile now official, iPhones coming to 4G and 3G in China next month

After years of waiting, China Mobile is finally getting the iPhone. Apple (NASDAQ:AAPL) has just announced that the iPhone 5s and iPhone 5c ...

  • December 23, 2013
  • at 10:21 am
Read More

China Mobile 4G sales

China Mobile plans to sell 100 million 4G phones in 2014, will increase subsidies

China Mobile (NYSE:CHL; HKG:0941) rolled out its 4G network across parts of China today in an historic day for China’s tech industry. ...

  • December 18, 2013
  • at 3:48 pm
Read More

china web giant bank

Tencent and Netease to join the personal investment race against Alibaba and Baidu

Following the success of Alibaba’s Yuebao and Baidu’s Baifa online savings fund, Tencent (HKG:0700) and Netease (NASDAQ...

  • December 18, 2013
  • at 12:40 pm
Read More

bitcoin china no

Doubling down, China bans transactions between Bitcoin exchanges and 3rd-party payment companies

Less than two weeks after the government hammer came down on Bitcoin in China, the People's Bank of China (PBoC) has struck another blow.

  • December 17, 2013
  • at 11:27 am
Read More

Indonesia Online Shop Day-Main Image Cropped

Indonesia has its own Cyber Monday with online shopping craze today

Approaching year’s end, 22 online retailers in Indonesia are participating in the National Online Shopping Day 2013 — the country’...

  • December 12, 2013
  • at 5:00 pm
Read More


VentureCrowd aims to open equity crowdfunding to early stage Australian startups

Equity crowdfunding websites are taking off in the US, and Australia wants a piece of the action. A movement to give the country’s entrep...

  • December 12, 2013
  • at 10:08 am
Read More

1469850_673717329315834_537706028_n

Xiaomi sets its sights on Southeast Asia with plans to open Singapore office “as quickly as possible”

UPDATE (9 December 2013): We’ve double-checked and confirmed with Xiaomi Taiwan, and the company would like to clarify: although nothi...

  • December 8, 2013
  • at 12:56 am
Read More

Qihoo levels up its mobile gaming abilities with stake in Japan’s KLab

Qihoo levels up its mobile gaming abilities with stake in Japan’s KLab

Chinese search engine and web portal company Qihoo (NYSE:QIHU) has boosted its gaming capabilities by taking a stake in Japan’s KLab (...

  • December 3, 2013
  • at 12:16 pm
Read More

Flipkart funding

In new data, Flipkart sees slowing sales growth, still sells $217 million worth of stuff in 1 year

Indian’s top e-store Flipkart is still in it for the long haul, nursing financial losses whilst building its user-base and cultivating...

  • December 23, 2013
  • at 5:36 pm
Read More

bitcoin china no

World’s largest Bitcoin exchange BTC China no longer accepts Chinese currency, global prices tumble

The world’s largest Bitcoin exchange by transaction volume, BTC China, has announced on its official Sina Weibo account it will no ...

  • December 18, 2013
  • at 7:01 pm
Read More

          Business         Mobile  Use your < > keys to browse more stories Baidu escalates war with Qihoo, launches antivirus app for Android phones

Baidu escalates war with Qihoo, launches antivirus app for Android phones

Baidu and Qihoo have been on a collision course since last summer when Qihoo launched its search engine. Ever since, the two Chinese web gia...

  • December 18, 2013
  • at 2:02 pm
Read More

China Mobile turns on nation's first 4G network, but still no sign of iPhone deal

China Mobile turns on nation’s first 4G network, but still no sign of iPhone deal

China Mobile’s (NYSE:CHL; HKG:0941) big 4G turn-on, which is happening across China today, was supposed to be the day – rumors l...

  • December 18, 2013
  • at 12:20 pm
Read More

Alibaba founder Jack Ma is FT's person of the year

“Godfather of China’s scrappy entrepreneurial spirit”: Alibaba’s Jack Ma is FT’s person of the year

While Time magazine was busy weighing up the Pope and Edward Snowden, the Financial Times has been looking elsewhere for its most influentia...

  • December 13, 2013
  • at 12:34 pm
Read More

China Autohome IPO

In yet another Chinese tech IPO, Autohome revs onto Wall Street

2013 has seen a surge of Chinese tech IPOs after a couple of years of quiet anxiety on the markets. The latest one is Autohome (NYSE:ATHM), ...

  • December 12, 2013
  • at 11:32 am
Read More

Nokia India tax dispute

Nokia offers $369 million to resolve Indian tax tussle that could scupper Microsoft buy-out

Microsoft’s (NASDAQ:MSFT) offer to acquire Nokia’s (HEL:NOK1V; NYSE:NOK) phone business set off a major tax dispute in India. Wi...

  • December 10, 2013
  • at 10:56 am
Read More

China gets 4G

China is now ready to turn on the world’s biggest 4G network

We knew that China will get 4G starting on December 18, but there remained the not so trivial matter of government-issued LTE operating lice...

  • December 4, 2013
  • at 7:48 pm
Read More

wechat bank

WeChat to launch banking platform by mid-December

WeChat‘s upcoming financial services platform will be launched in mid-December this year, according to Yicai (article in Chinese). ...

  • November 29, 2013
  • at 11:43 am
Read More