China

  • Xiaomi’s wearable device partner Huami raises $110M in NYSE IPO  China’s top wearable firm Huami has raised $110 million after it listed on the New York Stock Exchange on Thursday. Fresh from launching iits Apple Watch-like Amazfit Blip this week, Huami sold 10 million shares at $11 a pop, the mid-point … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Media Watchdog Advises Journalists in China to Avoid Using iCloud Accounts, Citing Privacy Fears Media watchdog Reporters Without Borders (RWB/RSF) has urged journalists using iCloud in China to migrate away from Apple’s cloud service this month, before control of their data is handed over to a Chinese company (via Hong Kong Free Press). Beginn… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Chinese police are using smart glasses to identify potential suspects  China already operates the world’s largest surveillance state with some 170 CCTV cameras at work, but its line of sight is about to get a new angle thanks to new smart eyewear that is being piloted by police officers. The smart specs look a… Share this:Click to email this to a friend (Opens in new window)Click ...
  • Apple Retail Stores in China to Accept Alipay Mobile Payments Alipay, the mobile payment system offered by Chinese e-commerce giant Alibaba, will soon be accepted in Apple retail stores across China, making it the first third-party mobile payment system to be accepted at brick-and-mortar Apple stores anywhere in … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Apple Plans Second Data Center for iCloud Services in China Apple is planning to build a second data center in China, with an operation date set for 2020 and location in Ulanqab City, according to a report today by Xinhua Net (via Reuters). Located in north China’s Inner Mongolia Autonomous Region, the seco… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • China launches salvo against “network navy” of trolls who spread fake news More than 200 arrests, thousands of accounts and websites seized for “illegal speculation.” Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • Sure looks like China has a ship-mounted railgun  Ever since Eraser, everyone wants a railgun. Turns out China is no exception. Some photos posted by Dafeng Cao, a Twitter user who keeps close tabs on Chinese military developments, show a ship-mounted gun that could very well be the country&#821… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • A traveling frog exposes the fake app problem in Apple’s Chinese App Store  An app about a frog that likes to travel has exposed worrying signs that Apple isn’t doing enough to prevent fake apps from entering its App Store in China, the world’s largest smartphone market and Apple’s single largest countr… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • With Google, Bitcoins, and USPS, Feds realize it’s stupid easy to buy fentanyl Simple search led investigators to sales of $766 million worth of fentanyl. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click ...
  • WTO head rejects talk of global trade war as US hints at more tariffs Roberto Azevêdo says countries see risks of going it alone despite Trump’s action against ChinaThe head of the World Trade Organization (WTO) has played down talk of a global trade war after the US said it was planning to take fresh action against Chin… Share this:Click to email this to a friend (Opens in new window)Click ...
  • US-China biotech startup XtalPi lands $15M from Google, Tencent and Sequoia  Google continues to increase its presence in China after it joined Sequoia China and Tencent in a $15 million investment for XtalPi, a U.S.-China biotech firm that uses artificial intelligence and computing to accelerate the development of new dr… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • While the U.S. waits, China has been CRISPRing human cancer patients since 2015  While the U.S. is just gearing up to the idea of CRISPRing its first humans, China seems to be benefiting from the “move fast and break things” — or cut them with the CRISPR scissors — motto. As The Wall Street Journal rep… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Mike Moritz and the declining America worker  Storied Sequoia investor Mike Moritz threw fire into the tech Twitter gumbo with his observations of hard-working Chinese workers and slothful Silicon Valley engineers. Moritz, a billionaire, clearly needs page views to fund his retirement. The m… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • AI voice assistant developer Rokid raises $100M Series B extension to build its US presence  Rokid, a Chinese startup that makes an AI voice assistant and smart devices, just raised a Series B extension round led by Temasek Holdings, with participation from Credit Suisse, IDG Capital and CDIB Capital. The size of the round was not releas… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Russia now looking to sell its prized rocket engines to China The RD-180 is 40 years old, but remains one of the highest performing engines. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in ...
  • JD.com leads investment in Vietnam-based e-commerce service Tiki  JD.com, the Chinese e-commerce firm that rivals Alibaba, has continued its expansion in Southeast Asia with an investment in Vietnam-based Tiki, a seven-year-old online retail service. JD.com is leading a Series C investment round in Tiki alongsi… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Nationwide building society to hire Carillion staff – business live Hundreds of Carillion employees who worked at Nationwide branches will now join the building society’s payrollLatest: Good news for Carillion staffEarlier:UK household spending hits pre-crisis levelsProfit warning from estate agency CountrywideStamp du… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn ...
  • Global app downloads topped 175 billion in 2017, revenue surpassed $86 billion  Global app downloads topped 175 billion and consumer spending exceeded $86 billion in 2017, thanks to growth in emerging markets including China, India, Brazil and Russia, according to a new report from App Annie out this morning. Notably, India … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Apple’s iPhone 7 Plus Was China’s Second Best-Selling Smartphone in 2017 Apple’s iPhone 7 Plus was the second best-selling smartphone in China last year and outperformed iPhone 7 sales by some margin, according to new market research, suggesting price is not the only concern amongst Chinese consumers. Low-cost smartphone… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Google moves into Shenzhen in latest China expansion  A month after announcing plans to open its first AI lab in China, Google is expanding again through a move into Shenzhen. The U.S. tech giant has opened an office in the Chinese city, which borders Hong Kong and known for being a global hardware … Share this:Click to email this to a friend (Opens in ...
  • Apple asked to respond to China consumer group about slowing older iPhones  Apple is now facing questions about how it slows down older iPhones in China. The Xinhua state news agency reported yesterday that the Shanghai Consumer Council has written to Apple asking it to explain the performance hit and any remedies it is … Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Chinese Consumer Group Demands Answers From Apple Over Older iPhone Slowdowns Apple’s iPhone slowdown controversy extended to China on Tuesday after a Chinese consumer group asked the tech giant for information about iOS updates that reduce the performance of older iPhones (via Reuters). The Shanghai Consumer Council has wri… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Apple sends iCloud China transfer notices to some non-Chinese accounts Update your iCloud country or region settings to prevent your data from moving. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • International User Accounts Swept Up in Chinese iCloud Data Migration Apple’s announcement on Wednesday that its iCloud services in mainland China will be handed over to a Chinese company has already run into controversy, after it emerged that accounts registered overseas are being swept up in the migration. Apple sai… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens ...
  • Apple’s China iCloud data migration sweeps up international user accounts  Apple’s plan to migrate China-based iCloud user accounts to a local host on Chinese soil is already running into controversy after the iPhone-maker included accounts registered overseas in the data. China-based users were informed of the up… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Apple to hand off Chinese iCloud operations to local firm in February The physical location of Chinese iCloud data is about to change. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Apple Announces Relocation of Chinese Customers’ iCloud Data From U.S. to Mainland China Apple today confirmed that its iCloud services in mainland China will be operated by a Chinese company from next month (via People’s Daily, China). The firm, called Guizhou on the Cloud Big Data (GCBD), is owned by the Guizhou provincial government in southern China, and will manage Apple’s new $1 billion data center, which opened ...
  • Someone stole a piece of China’s new solar panel-paved road less than a week after it opened  Putting solar panels into our roads isn’t the craziest idea, but we may as well admit that it poses some unique challenges. For instance, people may want to walk away with pieces of it. That’s what happened in China, anyway, just five… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Chinese game streaming platform Chushou raises Series D, adds Google as investor  Google has added Chinese mobile game livestreaming platform Chushou to its list of investments in Asia. The Beijing-based startup announced today that it has closed a Series D round, which Google joined as a new investor, that brings its total fu… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Crunch Report | MoneyGram’s Sale to Alibaba Blocked by U.S. Government Spotify files to go public, BloomThat gets acquired and MoneyGram’s sale to Alibaba got blocked by the U.S. government. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • When It Comes To Electric Vehicles, China Has Canada Beat On Every Front As the largest vehicle market in the world (with 28 million new vehicles sold in 2016, compared to the United States’ 17.5 million that year), China is literally dictating the direction of the global auto industry with national quotas that require for … Share this:Click to email this to a friend (Opens in new window)Click to ...
  • ‘The world is a more dangerous place:’ Risk expert Ian Bremmer says 2018 feels ripe for a ‘big unexpected crisis’ This year could see a geopolitical crisis on the scale of the financial crash a decade ago, Eurasia warns Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to ...
  • HQ Trivia Is Coming to Android | Crunch Report HQ Trivia is coming to Android, Amazon Echo is the No. 1 best seller on the site and the founder of LeEco is ordered to return to China. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to ...
  • Debt-laden tech firm LeEco’s founder ordered to return to China by securities commission  The founder of beleaguered tech conglomerate LeEco is facing yet another huge headache. Jia Yueting has been ordered by the China Securities Regulatory Commission’s Beijing branch to return to the country by the end of this month and deal w… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Chinese hackers go after think tanks in wave of more surgical strikes When one NGO blocked intrusion, frustrated hackers tried to knock its website offline. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new ...
  • China’s Didi Chuxing raises $4B more for AI, international expansion and electric vehicles  China’s Didi Chuxing, the country’s top ride-hailing company, said today that it has raised $4 billion in new capital to support a range of new initiatives including international expansion. The company has already raised $13 billion … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Mobike lands investment from Line to grow its bike-sharing service in Japan  Dock-less bike rental company Mobike is teaming up with messaging app firm Line to boost its presence in Japan. Line, which is Japan’s most popular messaging app with 71 million users in the country, is making an undisclosed investment in M… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • David Cameron to lead £750m UK-China investment initiative Former prime minister will take charge of £750m fund to improve transport links between China and its trading partnersDavid Cameron has taken a job leading a billion-dollar investment initiative agreed between the UK and China.The former prime minister… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • The ‘everything bubble’ is about to burst, but is the world prepared? We will learn in 2018 just how much tolerance there is in a world burdened with record debt for an aggressive Fed and a dollar squeeze, argues Ambrose Evans-Pritchard Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new ...
  • Crunch Report | Glow-in-the-Dark Plants Blue Origin’s Crew Capsule 2.0 takes first flight, scientists at MIT make glow-in-the-dark plants and Google is opening an AI center in China. All this on Crunch Report. Read More Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in ...
  • One month after denying it will exit China, AWS opens its second region there  Amazon Web Services has opened its second region in China with a local partner, Ningxia Western Cloud Data Technology. The launch comes just one month after Amazon denied reports that AWS is leaving China, but said the company sold “certain… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • What Chinese President Xi Jinping’s Newfound Confidence Means For Canada The setting must have looked familiar to Justin Trudeau as he returned to a gleaming state guesthouse in Beijing for talks with Chinese President Xi Jinping, his second visit in 15 months.This time, however, the prime minister found himself sitting acr… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Ever heard of Hoed & Shouders? Chinese knock-offs of famous brands crowd shelves in Venezuela There’s an alternative-universe bonanza of copycats from China with labels that read like brand names tossed into a blender crowding shelves in Venezuela Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens ...
  • Canada should be wary of China’s efforts to interfere in its affairs amid pursuit of trade, says former envoy Under Xi, China has undertaken a co-ordinated campaign known as the ‘united front’ to influence events in foreign countries, including Canada Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • China’s JD partners with accelerator program Plug and Play to reach US startups  E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Honda is working with Chinese AI unicorn SenseTime on self-driving car tech  Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. SenseTime, which raised a $410 million funding … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Ford recruits Alibaba to help break into China’s electric vehicle industry  Ford has put a lot of focus on China’s electric vehicle market — with a local joint venture expected to lead to 15 electric or hybrid models on sale in the country by 2025 — and today the automotive giant announced a tie-in with… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • China’s debt levels pose stability risk, says IMF Health check of financial system says reforms have not gone far enough and notes similarities to US before 2008 crisisFears that China risks being the cause of a fresh global financial crisis have been highlighted by the International Monetary Fund in … Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market  It’s been a bad few months for internet freedom in China (and really, a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to tak… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Apple CEO Tim Cook Hopes Apps Pulled From China’s App Store Will One Day Return Apple CEO Tim Cook said on Wednesday he is optimistic that some apps pulled from China’s App Store to comply with regulatory rules will eventually be reinstated (via Reuters). Cook made the comments at the economic Fortune Forum in the southern city of… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Nintendo brings HD Wii games to China’s Nvidia Shield—is Switch next? [Updated] Remastered ports could be a test run on similar Tegra hardware. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Nvidia’s Shield TV offers Wii and GameCube games in HD in China  Nvidia just rolled out a very interesting selection of software for its over-the-top Shield TV box in China – Wii games, running in 1080p resolution, including New Super Mario Bros. Wii, The Legend of Zelda: Twilight Prince’s, and PUN… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Push to launch Canada, China free trade talks falls flat in Beijing A planned press conference in which the two countries were expected to cement their desire for the agreement was abruptly cancelled Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new ...
  • Canada, China delay launch of trade talks as the Chinese cancel planned press conference Prime Minister Justin Trudeau concluded talks with the Chinese premier in Beijing today but they were not able to announce the start of formal free trade talks Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to ...
  • Trudeau Faces Uphill Battle As He Enters Into Talks With China BEIJING — Smiles and warm handshakes, ceremony and splendour — all of it will be on vivid display on Monday when Chinese Premier Li Keqiang extends a red-carpet welcome to Prime Minister Justin Trudeau.But the spectacle that will envelop Tr… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • As Trudeau begins China trip, future of trade between the two countries remains an uphill battle While China is eager to get on with actual negotiations, Canada needs something else first: guarantees from China the talks won’t be strictly business Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter ...
  • Tim Cook Touts Apple’s Contribution to Chinese Economy at State-Run Web Summit Chinese developers have earned more selling apps on Apple’s iOS platform than devs from any other country, Apple CEO Tim Cook said on Sunday (via Bloomberg). His comments were made in a keynote speech given at China’s annual state-run World Internet Co… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Apple CEO Tim Cook to Attend China’s World Internet Conference Next Week Apple CEO Tim Cook will attend China’s state-run internet conference next week, reports the Wall Street Journal. The annual World Internet Conference starts on Sunday in Wuzhen and is organized by the central government’s Cyberspace Administration. … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click ...
  • Trudeau won’t begin free trade talks during China visit next week: officials Officials say the focus of the trip will be deepening economic ties and attracting more Chinese investment to Canada Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click ...
  • China’s US$8 trillion domestic equity market flying onto the investor radar In June, some of those A-shares will be included in the Morgan Stanley Capital Index emerging markets index, a benchmark against which money managers are rated Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share ...
  • Chinese electric vehicle maker NIO more concerned with user experience than rival Tesla  Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. Visitors to the TechCrunch Shanghai even this week were greeted with a sleek silver high-performance car at the entrance. It’… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on ...
  • Lynk & Co. starts selling an SUV with a dedicated car share button in China  Lynk & Co. aims to be a different kind of car brand, with a focus on a simplified buying experience and a focus on connected an app-powered mobility experiences, and it’s now officially selling its first vehicle via stores in China. The… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • Baidu and Xiaomi are working together on internet of things and artificial intelligence  Baidu, China’s answer to Google, and Xiaomi, which has modeled itself on the success of the America’s most successful technology manufacturer in Apple, have announced a strategic partnership to tackle two emerging technologies, intern… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share ...
  • Trudeau to put trade high on agenda in visit to China next week The visit is aimed at promoting a ‘progressive trade agenda and tourism initiatives that will create good, middle class jobs,’ Ottawa says Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...
  • The time I was turned away from China  Yesterday, Sunday November 26 2017, I was turned away from immigration at Shanghai’s Hongqiao airport by Chinese officials. Alongside a number of other visitors, I had been waiting in line to take advantage of the city’s 144-hour &#82… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in ...
  • Foxconn and Apple face controversy over student worker overtime claims Teens say a school made them intern at Foxconn, but Apple says it was voluntary. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens ...
  • Skype is the latest messaging app to disappear from Chinese app stores Skype falls victim to China’s strict cybersecurity laws and Internet regulations. Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to ...
  • Apple Has Removed Skype From App Store in China to Comply With Local Law Microsoft has confirmed that Skype has been “temporarily removed” from the App Store on iPhone and iPad, according to a statement given to The New York Times. Apple told The New York Times that it was forced to remove a number of voice and video cal… Share this:Click to email this to a friend (Opens in new ...
  • How China made Victoria’s Secret a pawn in its ruthless global game | Paul Mason The lingerie brand’s star model Gigi Hadid got into trouble over a gaffe that a more seasoned business traveller to China might have anticipated. So what hope for future forays into this repressive state?As a movie plot, it would work better for Johnny… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • In Zimbabwe it’s hello China, goodbye Britain | Letters Zimbabwe is one of many countries where China is acquiring an overseas empire of investment and influence, says Otto InglisOne aspect of the coup d’etat in Zimbabwe (Chaos in Zimbabwe after Mugabe refuses to resign, 20 November) is highly significant f… Share this:Click to email this to a friend (Opens in new window)Click to share on ...
  • Tencent becomes the first Chinese tech firm valued over $500B  Tencent has became the first Chinese company to be valued at more than $500 billion. Shares of the 19-year-old company, which is listed on the Hong Kong Stock Exchange, rallied to reach HK$418.80 to give it a market cap of HK$3.99 billion which t… Share this:Click to email this to a friend (Opens in new window)Click to ...
  • Tencent’s profit surges 69% thanks to its thriving games business  Tencent, Asia’s highest-valued technology company, has smashed analyst forecasts for its Q3 2017 after it posted a profit of 18 billion RMB ($2.7 billion) on revenue of 65.2 billion RMB ($9.8 billion). That blew past expectations of 15.7 bi… Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new ...
  • Qualcomm announces investment in Mobike and eight other Chinese startups  Qualcomm is continuing its charm offensive in China, a critical market where it has suffered hard blows in recent years including a $1 billion anti-trust fine, after it announced a flurry of new investments. These are chaotic times for Qualcomm, … Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook ...
  • Amazon’s AWS business is reportedly pulling out of China  It looks like Amazon is removing itself from the Chinese cloud services industry on account of stringent new data laws that went live in the country earlier this year. The U.S. company has agreed to sell its China-based web services business to B… Share this:Click to email this to a friend (Opens in new window)Click to share ...
  • China gets head start on United States in contest for Southeast Asian money Money talks, and this is what it’s saying about how the U.S. and China stack up against each other in Southeast Asia Share this:Click to email this to a friend (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Twitter (Opens in ...