Tencent's Indian JV Acquires Local Internet Bus Ticket Website
Ibibo, the Indian joint venture invested by China's Tencent and South Africa's Naspers, has reportedly acquired an Indian online bus ticket website named RedBus.in. According to reports in foreign...
View ArticleTencent Appoints New VP For E-commerce Business
Chinese Internet company Tencent sent an internal email to announce that Bu Guangqi, chief executive officer of Yixun.com, has been appointed new vice president of Tencent. Bu will report to Wu...
View ArticleXiaomi's Latest Google Android Hire Faces Uncertain Mobile Future
Hugo Barra, the vice president for Android product management at Google, has taken a new job at China-based smartphone maker Xiaomi. Foreign media have reported extensively over the past day that...
View ArticleChinese Agency Will Blacklist And Police Mobile Apps
If mobile app developers thought getting past Apple's censors and bizarre policies was hard enough, now they have to contend with the Chinese government for vetting of their applications. Wang Minghua,...
View ArticleTwitter's IPO Showcases Chinese Growth Hurdles
Twitter's just-released initial public offering prospectus shows China is still an important deficit in its global growth strategy. In Twitter's F-1 IPO statement, the company said it is raising USD1...
View ArticlePBOC Halts Virtual Credit Cards And Mobile Payments In China
The People's Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese...
View ArticleSocial Media Messaging Causes China Mobile's First Annual Profit Drop
Chinese telecom operator China Mobile announced its annual results for 2013 in Hong Kong, and those financial numbers did not impress. During the entire year of 2013, China Mobile's operating revenue...
View ArticleTencent Breaks Off Online Literature Service Into Independent Business Unit
Chinese Internet company Tencent announced that its Internet literature business will implement independent operation as a subsidiary and Wu Wenhui has been appointed chief executive officer of this...
View ArticleHong Kong Is China Unicom's Next Major Data Center Expansion
China Unicom held a foundation stone laying ceremony for its Hong Kong data center, in which the company will invest CNY3 billion. The company will invest CNY3 billion to build a communications hub...
View ArticleXbox One Starts China Sales Via JD.com's Social Media Channels
With a newly-minted IPO under its belt, Chinese e-commerce giant JD.com Inc. announced today that is now taking pre-orders for Microsoft's Xbox One gaming console. As part of an agreement between the...
View ArticleYongche.com Drives Chinese Car Rental Market With Top Search Engine
Yongche.com, a Chinese rental car company, will cooperate with search engine Baidu.com to launch a business car hire service. With this move, Baidu follows fellow Internet companies Alibaba and Tencent...
View ArticleSinopec Teams With Tencent For Tech Business Cooperation
Sinopec has signed a framework cooperation agreement with Tencent aimed at cooperation in non-oil businesses. According to the agreement, Sinopec and Tencent will work together in various sectors,...
View ArticleIs China Mobile Now Competing With Whatsapp And Wechat?
Chinese information technology solutions provider Ultrapower's wholly-owned subsidiary is helping China's biggest mobile provider compete with instant messaging apps like Facebook's Whatsapp, Tencent's...
View ArticleAlibaba Becomes Exclusive Distributor For BMG In China
BMG, a music business subsidiary of Germany's Bertelsmann Group, has signed an exclusive online music distribution agreement for the Chinese market with Alibaba. Under the agreement, Alibaba will...
View ArticleChina's Tencent Invests In Another American Mobile Game Firm
Tencent reportedly invested USD60 million in the acquisition of a 20% stake in Pocket Gems, a start-up mobile game company in America. Tencent will gain one position on the board of directors at Pocket...
View ArticleInvestments In India And Indonesia Gain Baidu Push
China's Baidu will reportedly enhance its investments in India and Indonesia as it aims to strengthen its position in the mobile search market in those two large countries. Li Xinzhe, chief financial...
View ArticleApple Malware Infestation In China Shows Companies' Weaknesses
A number of Chinese Apple iOS apps this week were found infected with XcodeGhost malware. This makes both Apple and the technology companies who created the malware-infested apps look bad. Download...
View ArticleTencent Takes Aim Against Mobile Viruses
With news this week of malware infesting Apple mobile apps and a new mobile virus infecting Chinese users' smartphones, more scrutiny is being placed on Chinese technology firms to help protect...
View ArticleCheetah Mobile Appoints Tencent's Li Zhaohui As Director
Chinese Internet and mobile Internet security company Cheetah Mobile announced that the company has appointed Li Zhaohui as a new director of the company; meanwhile, former director Peng Zhijian...
View ArticleWeChat Amps Up Competition With New Phone Call Function
China's WeChat, the instant messaging app by Tencent, has Facebook's WhatsApp, Japan's Line, and Microsoft's Skype service in its sights …
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