Posts Categorized: News


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Xiaomi set to expand into 10 more countries

Chinese phone-maker Xiaomi will enter no less than 10 countries this year: Malaysia, Indonesia, India, the Philippines, Thailand, Vietnam, R...

  • April 23, 2014
  • at 3:44 pm
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UberJapanBlack

Wary of regulatory hurdles, Uber is registered as a travel agency in Japan

Tak Shiohama, president of Uber Japan, led a well-attended talk at the 9th Samurai Venture Summit this past weekend. At the event, organized...

  • April 22, 2014
  • at 1:00 pm
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Laiwang Feature Image

Facing competition from WeChat, Alibaba’s chat app has turned its focus away from messaging

Last week, Chinese tech giant Alibaba released an updated version of Laiwang, the company’s bid for a mobile messaging app in the vein of ...

  • April 21, 2014
  • at 4:22 pm
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SOTW - weekend reading

10 of our hottest tech stories, lists, and features for your weekend reading

Here’s a mix of the most popular tech news, features, and lists from the site this week.

  • April 19, 2014
  • at 12:20 pm
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Momo app linked to prostitution in China

Linked to prostitution, China’s favorite flirty chat app slammed by state media

Momo is China’s top chat-and-flirt app for connecting with people in your area. But some workers in the sex industry find it to be a great...

  • April 18, 2014
  • at 5:34 pm
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Get ready for India’s smartphone explosion (INFOGRAPHIC)

Jana, the Boston-based marketing and market intelligence firm, released an infographic yesterday on India’s smartphone market. It̵...

  • April 18, 2014
  • at 3:05 pm
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Sina launches Weibo Wallet app

Hours ahead of IPO, Weibo fails to sell out shares, will raise only $286 million

Only 16.8 million of Weibo’s 20 million shares have been sold, meaning that Sina Weibo will raise just $286 million from its IPO - not the...

  • April 17, 2014
  • at 5:16 pm
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Candy Crush Saga hits China with upcoming tie-in on Tencent’s WeChat

Fasten your seatbelts and get out your toothbrushes, because an avalanche of hard candy is about to hit China. The Wall Street Journal just ...

  • April 16, 2014
  • at 7:18 pm
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Baidu dives into China’s mobile payments war, jabs Alibaba with launch of Baidu Wallet

Baidu (NASDAQ:BIDU), the Chinese tech giant best known for its search engine, announced yesterday it will roll out a new mobile wallet app c...

  • April 16, 2014
  • at 12:21 pm
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CarmudiOne

Rocket Internet’s car classifieds startup Carmudi nets $10 million in funding to grow in Asia

Carmudi, the car classifieds site headed up by self-proclaimed incubator Rocket Internet, just closed a $10 million funding round led by Ten...

  • April 22, 2014
  • at 6:55 pm
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Indonesia’s central bank seeks to boost epayments industry with updated regulations

The regulatory revision also clarifies some details for epayment players, such as definitions, legal permissions, and responsibilities.

  • April 21, 2014
  • at 6:16 pm
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China tech news this week

8 must-read tech stories in China this week

China's biggest ever social media IPO - yes, Sina Weibo - was the hot topic of the week, but there were plenty more things happening too.

  • April 20, 2014
  • at 11:05 am
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Alibaba

Alibaba’s Alipay payment service says konichiwa to Japan as it inks deal with Rakuten

Alipay, China’s popular third-party payment service from tech giant Alibaba, will now be integrated onto Rakuten Global Market, the in...

  • April 18, 2014
  • at 7:51 pm
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Bitcoin

Some Bitcoin enthusiasts want to hijack the symbol for Thailand’s currency

There are some Bitcoin enthusiasts who want to use ฿, the symbol for Thailand’s currency the Baht, as the sign for Bitcoin.

  • April 18, 2014
  • at 5:05 pm
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Sina Weibo IPO

Weibo disappoints with low IPO debut, but shares climb after cold start

Weibo’s shares made their IPO debut at a mere $16.27, but the share price soon climbed up gradually.

  • April 18, 2014
  • at 12:36 am
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Yet another Chinese blogger jailed for allegedly spreading rumors on Weibo

Qin Zhihui – or as he's known online, Qin Huohuo – was sentenced today to three years in prison and denied appeal on charges of defamati...

  • April 17, 2014
  • at 1:15 pm
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Mt. Gox gives up on plan to revive bitcoin exchange, files for liquidation

Mt. Gox gives up on plan to revive bitcoin exchange, files for liquidation: report

The troubled Mt. Gox bitcoin exchange was hoping to revive and restart business. But all that ends today with Mt. Gox filing for liquidation...

  • April 16, 2014
  • at 2:14 pm
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Alibaba’s profit doubles to $1.36 billion in Q4 ahead of long-awaited IPO

The Chinese ecommerce juggernaut pulled in US$3.06 in revenue in Q4 2013, which is up 66 percent on the same period a year before.

  • April 16, 2014
  • at 10:44 am
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