Posts Tagged: tencent


Now anyone can set up a store inside WeChat

Top Chinese messaging app makes big ecommerce leap with opening of WeChat stores

WeChat is taking its ecommerce ambitions one big step forward today by allowing anyone to set up a store inside WeChat.

  • May 29, 2014
  • at 6:35 pm
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Not as big as Alibaba, but upcoming IPO for rival JD could value it at up to $24.6 billion

One week after its IPO, Chinese ecommerce firm JD hops on the WeChat train

About two months after Tencent (HKG: 0700) purchased an 18 percent stake in it, Chinese ecommerce site JD (NASDAQ: JD) has finally been inte...

  • May 28, 2014
  • at 11:46 am
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CEO mashup

A portrait of China’s biggest tech CEOs: visionaries, copycats, and playboys

I interviewed about a dozen native Chinese people in Beijing to find out a) who they saw as their entrepreneurial celebrities and b) what th...

  • May 27, 2014
  • at 3:18 pm
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7 must-read tech stories in China this week

Xiaomi stole the tech spotlight again this week after unveiling some new hardware, but there was plenty else happening in China.

  • May 18, 2014
  • at 9:00 am
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WeChat grows to 396 million active users

WeChat grows to 396 million active users

WeChat has now grown to 396 million monthly active users, says the messaging app's maker, Tencent.

  • May 14, 2014
  • at 6:17 pm
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Bitcoin

Bitcoin takes a beating in China as Tencent’s epayments service and two major banks pull the plug

Bitcoin in China has suffered another blow today as three major institutions have effectively banned transactions involving the virtual curr...

  • April 30, 2014
  • at 7:07 pm
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Suzhou bans private sector taxi apps

Chinese city bans taxi finder apps (apart from ones the municipal government created)

More trouble for China's taxi apps as Suzhou’s transportation department outlaws all private-sector taxi booking apps such as Tencent-back...

  • April 28, 2014
  • at 12:49 pm
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Chinese taxi-hailing app Didi Dache now books 5 million rides a day, and it spent $225 million to get there

After months of burning through cash, the endless subsidies for China’s taxi riders using Didi Dache or Kuaidi Dache appear to be windin...

  • April 3, 2014
  • at 4:30 pm
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Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on mobile payments

Alibaba’s Jack Ma slams monopoly power as banks introduce new curbs on online payments

Mobile commerce, online savings funds, and QR code-based m-payments are all under threat in China right now. The People’s Bank of China (P...

  • March 24, 2014
  • at 9:41 pm
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WeChat

WeChat and other messaging apps forced to ‘clean up’ as China’s latest web crackdown continues

China’s web crackdown in the past couple of months has been wide-ranging, extending from pornography to the spread of online rumors.

  • May 28, 2014
  • at 12:21 pm
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How Chinese tech companies are going global

Chinese companies that dominate in their home markets are flush with cash, and they are keen to stretch their influence abroad to get ahead ...

  • May 27, 2014
  • at 8:53 pm
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Tencent puts money into new $36 million funding round for Whisper

Tencent puts money into new $36 million funding round for Whisper

The new funding for Whisper was led by Shasta Ventures, along with participation from Chinese web giant Tencent and several others.

  • May 21, 2014
  • at 11:05 am
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Tencent Q1 2014

Tencent pulls in $2.95 billion in revenue in Q1 as WeChat gaming takes off

Chinese web giant Tencent (HKG:0700) had a blockbuster Q1, according to its new financial report today.

  • May 14, 2014
  • at 7:12 pm
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pretty girl ferrari selfie

Shotgun! China’s internet giants race to get cars online

After taking over China's smartphones and computers with WeChat and QQ, it's become quite clear in the past couple days where Tencent wants ...

  • May 7, 2014
  • at 10:56 am
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wechat guanxi

Guanxi 2.0: how WeChat groups are changing the game in China’s tech and startup scene

Tencent's flagship app is blurring the lines between professional and social, taking the place of conference rooms, expert forums, recruitme...

  • April 29, 2014
  • at 4:30 pm
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tencent qq 200 million thumb

200 million Chinese people use Tencent’s QQ… at the same time

Tencent's 15-year-old QQ messenger and social network might have hit it's final major milestone – 200 million people used the service simu...

  • April 14, 2014
  • at 1:00 pm
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Tencent takes stake in Korea's CJ Games

Tencent pays $500 million for big stake in Korean mobile gaming company

Chinese web and game company Tencent is boosting its mobile gaming prowess today by paying US$500 million for a stake in South Korea’s CJ ...

  • March 26, 2014
  • at 9:31 pm
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China property

Tencent boosts ecommerce business yet again with $180 million stake in property portal

Chinese web giant Tencent has paid US$180 million to take a 15 percent stake in a major real estate portal and ecommerce site in the country...

  • March 21, 2014
  • at 10:20 pm
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