This week’s tech news in China has all the big names – Google, Baidu, Alibaba, WeChat. But there’s bad news for half of those, and much more positive news for the others. Let’s start with China’s top social media export:
China-made social messaging app WeChat signed up Lionel Messi as its global face this week. But even before the Messi boost kicks in, the app is growing its non-Chinese user-base pretty quickly.
My colleague Charlie reacts to a TEDTalk by Shanghai-based VC Eric X. Li to ponder the many barriers to China’s tech innovation.
Google is now fifth in the search engine market in China, and Baidu is losing its dominance in the face of a new rival. That makes for two pretty topsy-turvy graphs.
China’s top national carrier is slowly rolling out proper ground-to-air wifi on some of its planes – but you better bring along a laptop or tablet.
Traffic is booming on China’s homegrown Bitcoin exchanges, but we get the feeling that the government is eyeing the success very closely and with some measurement of disapproval.
Forget the silly petitions on the White House site in the US because petitioning is an ancient and serious business in China. For ordinary folk with grievances, it might be the only channel to pursue in seeking to get a wrong righted.
7. Alibaba’s New Online Personal Finance Product Hits 2.5 Million Users, $1 Billion Already Deposited
China’s e-commerce titan is now a lot closer to being an online bank. And that is massively disruptive.
The consumer-to-consumer (C2C) e-commerce sector in China – on sites like Taobao – has long been boosted by tax-dodging grey imports that make the goods cheaper than in stores or on official online sales channels. But these new digital receipts could finally stamp that out.
That’s all for this week, folks! For our full spread of China coverage, you might like to subscribe to our China RSS feed.
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