Posts Tagged: tencent


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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wechat tencent credit card

Virtual credit cards boom in China as Tencent issues one for WeChat users

Within 24 hours of Alibaba announcing it would hand out one million “virtual credit cards”, rival web giant Tencent (HKG:0700) reveal...

  • March 12, 2014
  • at 1:30 pm
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2 of China's web giants want to become banks as China reforms banking industry

2 of China’s web giants want to become banks as China reforms banking industry

China is set to launch a trial program to shake up the nation’s state-owned banks, allowing five new private banks to be set up in the...

  • March 11, 2014
  • at 6:55 pm
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tencent-penguin-large

Tencent radically shakes up its ecommerce strategy as it takes a 15 percent stake in Alibaba rival JD

Tencent (HKG: 0700), the tech giant behind China’s QQ and WeChat messaging apps, is radically shaking up its ecommerce operations by formi...

  • March 10, 2014
  • at 11:07 am
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china windows xp

Tencent comes to the rescue of Windows XP users in China

Update March 3, 2014 @13:15 - Microsoft has clarified that security does not equate to support. While it has entrusted local companies in C...

  • March 3, 2014
  • at 3:19 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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let the bullets fly

Alibaba buys $804 million majority stake in ChinaVision, which Tencent also owns a part of

Oh, snap. Alibaba today announced that not only did it step on Tencent’s turf, the Chinese e-commerce kingpin bought the plot outright...

  • March 11, 2014
  • at 8:59 pm
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david goliath paipai

After JD deal, a little-known online marketplace could be Tencent’s secret weapon against Alibaba

Many analysts view Tencent’s new 15 percent stake in China’s largest B2C marketplace JD (a.k.a. Jingdong) as a landmark move i...

  • March 11, 2014
  • at 9:00 am
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You can now pay for your coffee inside WeChat as brands get permission to do purchases in the app

Starting today, Chinese consumers will be able to buy almost anything inside WeChat

WeChat, the popular messaging app made by Tencent, is pushing even further into mobile commerce territory. Today Tencent (HKG:0700) added su...

  • March 5, 2014
  • at 1:36 pm
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Chinese e-store Jingdong set to pull in over $16 billion in sales in 2013

Will Tencent buy a stake in China’s second-largest e-store? So far, signs point to yes

Amid swirling rumors that Tencent (HKG:0700) is keen to boost its flagging e-commerce operations by taking a stake in the Amazon-esque JD, t...

  • February 27, 2014
  • at 7:30 pm
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