One Fintech Superapp to Rule Them All
Fintech companies are not the only players here: Facebook and Google are also attempting to expand their role in payments/currency. And keep an eye on Amazon, Uber and Walmart, too.
Tencent
China Releases a Tech Dragon: the BAT
Isolated from American competition, Baidu, Alibaba, and Tencent dominate China and have grown remarkably for a decade. Now they are legitimate rivals to the American tech giants. (From the latest Techonomy Magazine)
China is No Longer a Technology Copycat or Underdog
Kevin Zhou grew up in China and came to the US in 2009 to study. He's now a seasoned tech journalist who travels between the US and China and works to explain the different tech...
Beijing Cracks Down on Video and E-Commerce
It seems like I write about the latest Internet crackdown far too often these days, as Beijing focuses on a wide range of industries where it wants to clean up what it sees as unhealthy...
Smart Car Race Speeds Up in China
China is quickly living up to its copycat reputation in the smart car space, with the latest word that Tencent will enter the business in a tie-up with Taiwanese contract manufacturing giant Foxconn. That pair...
Chinese Net Giants Head Towards U.S.
Just a day after I wrote that online gaming giant Tencent may be planning a major new drive into the U.S., we’re hearing that its top rival NetEase is also moving into the neighborhood with...
Tencent’s WeChat Trounces Alibaba at Chinese New Year
I remember a time not long ago when we China tech reporters used to write annual stories about the number of people who sent billions of simple Lunar New Year text greetings over their mobile...
Five of China’s Top Ten Richest Are Techies
The headlines are buzzing about the latest Hurun Report listing the richest people in China, which has a decidedly tech flavor this year that hints at trouble ahead for the overcharged Internet sector. The report...
Tencent Beats Alibaba to Banking License
Earlier reports of e-commerce leader Alibaba’s strong political ties appear to be overstated, following word that archrival Tencent has become the first of China’s major Internet firms to win a highly sought banking license. Both...
