Expedia has sold off its entire 62.4 percent stake in eLong, worth US$671 million. US$400 million of it was picked up by China's Ctrip.
China is often called a land of contradictions, and its tech industry is no different. Yes, the middle kingdom is the source of some hackers and copycats, but it’s also the source of some startling innovation, one of the world’s most unique and vibrant internet cultures, and some of the most passionate techies and gamers in the universe. China’s internet may be censored but that hasn’t stopped web, gaming, and mobile startups from springing up all over the country. Here at Tech in Asia we’ve got it all: the good, the bad, and the ugly. The hottest startups, the craziest copycats, and the darkest tales of censorship in Asia.
Wifi Skeleton Key is one of China’s most popular yet unheard-of apps, and it just got $52M in series A funding at a reportedly $1 billion valuation.
Mocar sends out mechanics to do light repairs and thorough maintenance in three Chinese cities.
A new startup wants to cut out the middleman and save China’s medical tourists time and money on things like cosmetic surgery or IVF.
This Chinese SaaS startup aims to be a one-stop shop for other startups on the road to success.
The Chinese market is massive, and for the right companies, it can be massively profitable. But in this age of internet globalization we have seen many successful foreign companies enter China with th...
New numbers on China's mobile broadband market show it's probably hit 50% penetration, but growth is slowing.
The Chinese version of the Xbox One is getting a price drop, but will it be enough to turn flagging sales around?
An "internet for the poor," as some critics have called it, is still far more beneficial than no internet at all.
Once dismissed and reviled for being a simple hook-up app, China's Momo has changed a lot in the past couple of years. And now that's finally paying off.
Xiu’s investment comes just days after several high-profile luxury brands filed a lawsuit against China’s biggest ecommerce company, Alibaba.
In this latest excerpt from a book of previously-unpublished speeches, Ma waxes philosophical on flattery, arrogance, and why his face looks weird.
Which is why Chinese hardware startups should be begging for Xiaomi's investment.
Taboola is responsible for those “You might also like” or “Around the web” recommendations you see on so many websites.
Scan stuff pretty now.
The partnership will see Kingdee offering its cloud-based services to merchants on JD’s online marketplace.