Posts Tagged: tencent


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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Yourbus Website

IbiboGroup acquires bus-tracking Indian startup YourBus to strengthen position in India’s online travel industry

India’s ibiboGroup has acquired bus tracking and analytics startup YourBus for an undisclosed amount, according to a statement by ...

  • March 20, 2014
  • at 11:29 am
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Line now has 400 million registered users

WeChat sees resurgent growth, now has 355 million active users

Chinese web titan Tencent (HKG:0700) has just put out its Q4 2013 earnings report. Amidst the financial figures is the one number everyone w...

  • March 19, 2014
  • at 5:28 pm
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China's central bank considering tough regulations on online payments

After last week’s clampdown, China reportedly considering tough regulations on online payments

Late last week, the People’s Bank of China (PBoC) moved to curb the rapid growth of online payments by banning in-person payments made usi...

  • March 18, 2014
  • at 12:56 pm
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WeChat and Alibaba hit as China bans online payments made using QR codes, virtual credit cards

WeChat and Alibaba hit roadbumps as China bans online payments made using QR codes, virtual credit cards

The People’s Bank of China (PBOC) issued an edict late yesterday that bans two particular things: epayments made via QR codes, and onl...

  • March 14, 2014
  • at 2:10 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

Tencent just unleashed a secret weapon for WeChat that will terrify China’s Android app stores

China’s WeChat messenger (or Weixin, as it’s known domestically) comes packed with more tools than a Swiss army knife, and it...

  • March 21, 2014
  • at 8:27 pm
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Tencent earnings report

Tencent: $3.15 billion in profit in 2013 as company shifts focus to mobile, ecommerce

China’s Tencent (HKG:0700) has just published its Q4 and full-year 2013 earnings report, full of financial details and user numbers fo...

  • March 19, 2014
  • at 6:59 pm
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Tencent v Alibaba thumb

Tencent versus Alibaba: a complete guide to an increasingly fierce rivalry (INFOGRAPHIC)

Tencent (HKG:0700) is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both o...

  • March 19, 2014
  • at 9:00 am
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China tech news this week

9 must-read tech stories in China this week

Major developments from Tencent and Alibaba this week as they take their e-commerce battle up another notch. But even these mighty firms hav...

  • March 16, 2014
  • at 10:32 am
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wechat censored

WeChat clamps down on political content, bans several outspoken bloggers

An alleged crackdown on WeChat this week led to at least a dozen public accounts being unexpectedly blocked. The accounts, most of which app...

  • March 14, 2014
  • at 12:32 pm
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