Posts Tagged: tencent

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 companie...

  • March 3, 2014
  • at 3:19 pm
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Boosted by WeChat sharing, Tencent’s video app hit 160 million views on Valentine’s Day

Boosted by WeChat sharing, Tencent’s fun video app hit 160 million views on Valentine’s Day

After seeing hundreds of millions of people start using the WeChat messaging app, Tencent (HKG:0700) decided to expand upon it last year wit...

  • February 26, 2014
  • at 11:58 am
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Business Insider Chinese edition

Business Insider signs China content deal, and that shows Chinese web media is growing up

Business Insider, the US-based news site, is heading to China. BI founder Henry Blodget has announced a partnership with Chinese web titan T...

  • February 20, 2014
  • at 12:19 pm
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Beijing Wangfujing

WeChat links up with a major Chinese shopping center to launch offline-to-online purchases

WeChat, China’s most popular mobile messaging service, has inked a cooperation deal with the Wangfujing Department Store in Beijing, a...

  • February 13, 2014
  • at 2:20 pm
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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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WeChat has over 2 million

WeChat will soon allow celebrities and media to rake in money from ads

WeChat is popular because it has a lot of features besides messaging. In China especially, the app has evolved to include things like mobile...

  • February 21, 2014
  • at 9:37 pm
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Tencent takes 20% stake in China’s Yelp, will add listings and restaurant reservations to WeChat

Tencent takes 20% stake in China’s Yelp, will add local listings and restaurant reservations to WeChat

Chinese web and social media titan Tencent (HKG:0700) has revealed this afternoon that it has taken a 20 percent stake in Dianping, a Yelp-s...

  • February 19, 2014
  • at 5:25 pm
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wenger swiss army knife

What WeChat needs to learn from Facebook

WeChat is doing things in China no other app in the world is doing right now. It manages to innovate with every update, having added social...

  • February 12, 2014
  • at 12:30 pm
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