Techweb reports Sina removed 5,500 "misleading" accounts, while Tencent purged nearly 26,000 from QQ, WeChat, and Tencent Weibo.
Products like online mutual funds, peer-to-peer loans, and insurance only showed 2 percent growth in the second half of last year.
Alibaba and Tencent ramped up the taxi-booking battle in China by incorporating the startup services in their own mobile apps.
The merger puts Didi Dache and Kuaidi Dache on a collision course with Uber for global domination.
What could go wrong when you're giving away free money? Quite a lot, as Alibaba's Alipay discovered yesterday.
This year, Tencent announced plans to unleash 500 million red envelopes full of cash and another 3 billion virtual coupons to WeChat users over a 10-day period.
Chinese internet authorities have embarked on yet another campaign to force netizens to register online accounts using their real names.
The crackdown on China's web continues, with anime and gaming platforms feeling the sting of the Ministry of Culture's axe.
China's WeChat has just shut down sharing connections between WeChat and a number of Alibaba apps, including Alipay's red envelope service.
You won’t find the treasure trove of features and functions available on the mobile version, just basic messaging and file transfers.
This latest round is the largest in a string of large investments Ele.me has seen over the past couple of years.
Advertisements are now live in your WeChat feed, and among the first to take a bite out of the WeChat ad apple are BMW and Coca-Cola.
How do you get your app pre-installed on almost every Samsung Galaxy device sold in East Asia? Easy: you work at Samsung for 10 years first, of course!
The adverts are in the WeChat Moments section of the app, which is a bit like the Facebook timeline.
This time last year, popular messaging app WeChat launched an online personal investment fund for its users in China. It allows people to get better interest rates for their savings than from banks. N...
The startup runs delivery services mostly for cheap chain restaurants, guaranteeing a bowl of noodles or Burger King Whopper to your door in less than one hour.