Tag Index  /  Showing 1 - 20 of 64 results for “China”

Global Tech

How Tencent Uses WeChat to Target Alibaba

Alibaba founder Jack Ma’s worries about the rapid rise of mobile instant messaging service WeChat appear to be well founded, with word that Tencent’s wildly popular platform will create an exclusive shopping channel for Alibaba’s chief rival JD.com. This kind of deal must certainly be Ma’s biggest nightmare, as it will instantly link JD, China’s second largest e-commerce company, with the hundreds of millions of young Chinese who regularly use WeChat to communicate. What’s more, WeChat has shown itself quite capable of converting its users into shoppers who could easily become JD customers.   More

E-Commerce Global Tech

NetEase Moves into U.S., Vipshop Tries Russia

Two of China’s leading Internet companies are taking their first baby steps outside their home market, with word that online game maker NetEase is moving into the U.S. and fast-rising discount e-commerce firm Vipshop is tying up with a Russian partner. The pair are joining China’s “big 3″ Internet firms, Alibaba, Baidu, and Tencent, in making recent moves outside their home market, as each looks for new growth opportunities. All of these companies also want to convince the world that they can compete in the real world outside their own highly protected and heavily restricted home market.   More

Finance Global Tech

Alibaba Changes IPO Course, Heads For New York

All my previous predictions that e-commerce leader Alibaba would ultimately make its mega IPO in Hong Kong were wrong, with word that the company is now firmly fixed on New York for its highly anticipated share sale. In my defense, I should say that a huge surge in positive sentiment over the last 5 months towards China Internet stocks on Wall Street undoubtedly helped change Alibaba’s mind. The company had previously stated on numerous occasions that Hong Kong was the preferred venue for its blockbuster IPO, which reports are now saying could raise up to $15 billion, making it the world’s biggest Internet offering since Facebook raised $16 billion in 2012.   More

Global Tech

Tencent-JD Tie-Up Takes Aim at Alibaba

The new week is just beginning, but it could well go down as a pivotal moment in Chinese Internet history with Tencent’s new announcement of an e-commerce alliance with JD.com that could threaten the dominance of sector leader Alibaba. The tie-up, which was first rumored last month, will see Tencent pay $215 million for 15 percent of JD.com, which will also receive some of Tencent’s e-commerce assets including a minority stake of its flagship Yixun.com B2C service. The companies will merge their e-commerce businesses, creating a new player with nearly a quarter of China’s B2C e-commerce market.   More

Energy & Green Tech

Can Drones Help Scrub China’s Filthy Skies?

Just how bad is China’s air pollution? A recent M.I.T. study concluded that a huge swath of the Chinese population is losing an average of five years in life expectancy due to pollution. The Chinese government is getting serious about the issue, and not just because the thick smog actually interferes with domestic surveillance efforts. China's pollution has become a source of national embarrassment and outrage, with Chinese scientists comparing it to a nuclear winter. The government is now escalating the use of drones to fight its recently declared “war on pollution.” In a plan reminiscent of the futuristic geo-engineering discussed at Techonomy 2012, aircraft disperse chemicals that freeze pollutants, making them fall to the ground. But what becomes of this solidified smog, not to mention the chemicals, once it's been scrubbed from the sky?   More

Global Tech

How WhatsApp Can Succeed in China

I haven’t written about Facebook in a while, mostly because the company hasn’t made any concrete moves into China lately despite previous assertions that it would like to enter the market. But the company’s purchase of the popular WhatsApp mobile messaging service for up to $19 billion looks like a good opportunity to revisit the topic, and what this deal might mean for Facebook in China. Facebook’s own site has been blocked in China since 2009, making it inaccessible to the vast majority of more than 600 million Chinese Web surfers. But WhatsApp is widely available, even though it competes with the wildly popular rival WeChat service from local Internet giant Tencent.   More

E-Commerce Global Tech

WeChat Wrings Money From Unicom, Wangfujing

Much has been written about the meteoric rise of Tencent’s WeChat mobile instant messaging service, with many drawing parallels to the equally rapid ascent of Sina’s Weibo microblogging service starting in 2010. But while Sina has struggled to wring money out of Weibo, Tencent is having much more success with WeChat, as evidenced by news of its latest commercial tie-ups with retailer Wangfujing Department Store and mobile carrier China Unicom. I have a lot of respect for Sina, which has emerged as a leading information provider in China since it first went public in 2000. But the company has shown itself less adept at earning money, unlike Tencent, which has proven much more skillful at milking cash from its innovative core social networking service (SNS) products.   More

Digital Global Tech

LinkedIn Takes New Step in Slow Road to China

Online professional networking leader LinkedIn took a big step towards entering the lucrative but tricky China market last week when it created a new China chief position and filled it with an industry veteran as it explores a formal service launch. The move was just the latest in the company’s slow and careful approach to China, and could boost its chances of success in a market that has proven difficult for other global giants like Google, Yahoo, and eBay.   More

Global Tech

Chinese Microblogging: Weibos May Be on the Wane

New data is highlighting an online trend that I wrote about last year, namely that microblogs have peaked in popularity and are starting to decline, in a bad sign for leading Web portal Sina as it rushes to monetize and list its popular Weibo service. Frankly speaking, I’m not too optimistic anymore about the prospects for Sina Weibo, which is really just a copy of U.S. social media pioneer Twitter and hasn’t shown much ability to innovate in the rapidly changing social networking space.   More

Manufacturing Techonomy Detroit

China’s Auto Export Drive Sputters in Detroit

A slew of year-end news about China’s auto industry is shining a spotlight on the tough times that domestic car makers are facing not only at home but also abroad as they grapple with tough competition and other market factors. Domestic nameplates like Geely, Chery, and BYD have steadily lost share in their home market over the last few years to big foreign names like GM and Volkswagen, but posted strong export gains as they looked to overseas markets to partly offset the declines at home. But now even the export picture is looking bleak, with the latest word that no Chinese car makers will attend the industry-leading North American International Auto Show in Detroit this week.   More

Global Tech

China: Xiaomi, Huawei Set 2014 Goals, ZTE Adjusts

The start of a new year is seeing two of China’s top smartphone and telecoms equipment makers lay out their new goals for 2014, with fast-rising Xiaomi aiming to continue its explosive growth as the more mature Huawei targets more modest gains. Meanwhile, another leading telecoms player, ZTE, is also detailing a major reorganization aimed at rekindling growth as it tries to diversify beyond its core business of building networks for big telcos. All of these plans are consistent with previous signals from each of the three companies, and in that regard aren’t very surprising. But they do provide a hint of where priorities will lie in the new year.   More

Global Tech

Chinese Moguls Place Actual Bets on New Economy

And now for a lighter look at an emerging trend in the China corporate world, which has seen some of the nation’s biggest tech personalities make high-profile bets with their equally successful peers from more traditional sectors. The latest in these high-tech wagers has seen Lei Jun, the charismatic founder of fast-growing smartphone maker Xiaomi, make a bet with Dong Mingzhu, often considered China’s most successful businesswoman as the chairman of appliance giant Gree. These bets are mostly for entertainment and publicity on the one hand; but they do also represent the very real challenge that traditional industries are feeling from e-commerce and other emerging high-tech business models.   More

Digital Global Tech

Web Firms Flock to Routers, China Mobile Goes Global

First it was smartphones, then it was Internet TV, and now wireless routers have become the latest flavor of the day for Chinese Web firms, as everyone looks to drive traffic to their sites and services in the fast-evolving market. I previously wrote when security software specialist Qihoo 360 entered the router space in June, and now a new report says smartphone maker Xiaomi, search leader Baidu, and game specialist Shanda are preparing to enter the sector as well. Meanwhile, in a separate but related telecoms move, leading telco China Mobile is making a feeble move into the international market with a relaunch of its Jego service that it suspended shortly after an original roll-out earlier this year.   More

Global Tech Government

Myanmar’s Promising Experiment with Internet Freedom

After decades of rule by a brutal regime known for imprisoning cyber-dissidents, internet freedom in Myanmar expanded dramatically over the past year, according to a recent report by Freedom House. The report warns that the Internet in Myanmar is still “not free,” however, and that major obstacles remain to further improvement. One is a legacy of repression that casts a shadow on the reform process.   More

Global Tech Manufacturing

Techonomy’s Kirkpatrick Moderates CFR’s 3D-Printing Panel

It's hard to believe you can manufacture your own toys and tchotchkes—not in a factory, but in your home. But companies including MakerBot and Solidoodle are already making it possible, selling low-end 3D printers to consumers for as little as $499. The printers spray liquified powders in thousands of layers to form almost any imaginable shape. And industrial models can even "print" objects made out of Titanium, glass, and many other materials.   More

Finance Global Tech

International Board Bound for Shanghai New Trade Zone?

I’ve avoided writing about the new Shanghai Free Trade Zone (FTZ) up until now, despite exhaustive coverage in both domestic and international media. But now I’m lifting my informal ban, following new reports saying the FTZ could soon host a proposed but long-stalled international board where foreign companies could list their shares in China. Such a development would be quite exciting, as it could finally allow big names like China Mobile and Lenovo, which are technically based overseas, to finally make their shares accessible to investors in China.   More

Global Tech

Chinese Regulators Limit Deceptive Telecoms Apps

China's unruly markets for emerging sectors are famous for Trojan Horses, which often come as hidden traps in many products and services that ultimately harm consumers. The nation's tourism authority just launched a new law to eliminate such traps in the travel sector, and now we're getting word that the telecoms regulator is preparing a similar move against hidden and sometimes malicious apps that often come pre-installed on many new smartphones.   More

Digital Global Tech

Is China’s “Internet Concession” Too Late for Facebook?

In the land of the "world's biggest online population" Facebook has "almost zero" users, Reuters reports. Of course, that's because, since 2009, the Chinese government has blocked its citizens' access to the U.S. social media leader. Likewise, it has blocked Twitter. But when the ban is finally lifted in the Shanghai Free Trade Zone this weekend, crowds are not expected to rush on to either site.   More

Global Tech IoE

Weibo, Hisense Explore Internet of Things

Social networking apps have become the flavor of the day among Chinese Internet firms, especially in the mobile space, and it’s rare to go more than a week or two without reports of a big new move by a major player in the space. Amid all that chatter, I was intrigued to read the latest report of an interesting new tie-up between leading microblog operator Sina Weibo and appliance maker Hisense into the unlikely field of smart air conditioners.   More

Global Tech

Xiaomi Joins Mobile OS Field

There’s an interesting report out saying that up-and-coming smartphone maker Xiaomi is developing its own mobile operating system (OS), becoming the latest Chinese player to try to muscle in on a market now dominated by three U.S. companies—Apple, Google, and Microsoft. I’ll admit there have been so many similar initiatives by both Chinese hardware and Internet companies these days that it’s hard to know which of the campaigns are genuinely new systems and which are just variants of Google’s popular and free Android OS.   More