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Tag Index  /  Showing 21 - 27 of 27 results for “Tencent”

Government Opinion

Did Obama Just Destroy the U.S. Internet Industry?

News about the National Security Agency's PRISM program and its privileged access to internal user data at nine U.S. Internet companies has unleashed a torrent of justified anger and hand-wringing. But the worries do not go far enough. Almost everybody is still looking at this through a narrow domestic lens. Our values and goals may be more challenged than you think.   More

E-Commerce Global Tech

Alibaba’s Logistics Gamble: Difficulty Ahead

Say the word “logistics” in any conversation and you’ll almost inevitably put anyone listening to sleep. But the concept is hardly a boring one in China’s hyper-competitive e-commerce space, where industry leader Alibaba has just announced a massive 100 billion yuan ($16.3 billion) plan to build up its logistics network over the next few years. To me this plan looks like a direct response to similar recent moves by e-commerce names like Jingdong, Tencent, and Amazon, which are aggressively building logistics networks with an aim of reducing delivery times to two hours or less.   More

E-Commerce Global Tech

Qihoo, Alibaba Tie-Up Set For Turbulence

A sudden rush to form new partnerships on China’s Internet is creating some interesting new tie-ups, including the latest one that is seeing e-commerce leader Alibaba join with security software firm Qihoo 360 in the e-commerce search space. This new pair-up actually seems relatively minor, with Qihoo using Alibaba’s specialized eTao search engine to power e-commerce searches on Qihoo’s own so.com general search site. This kind of tie-up isn’t all that uncommon in search, where portals and other companies that want to include a search function on their home page often license a third party’s engine like Google’s or Baidu’s for the job.   More

E-Commerce Global Tech

Tencent, Walmart Heat up China E-Commerce

New moves from Internet giant Tencent and global retailer Walmart are turning up the competition in China’s e-commerce wars, which are quickly becoming a contest to see who can outspend whom. Both of these latest initiatives look quite pricey, especially Tencent’s move that will see it roll out an ultra-fast product delivery program. WalMart, meantime, is pouring big money into a campaign to build a new in-house clothing brand for its recently acquired Yihaodian online store. The current trends are a bit worrisome, as they indicate no near-term easing in China’s e-commerce price wars that have raged for about two years now.   More

E-Commerce Global Tech

Alibaba Mobile Drive Leads to Autonavi

Less than two weeks after buying a major stake in leading Chinese microblogging site Sina Weibo, e-commerce leader Alibaba is back on the acquisition track with word that it’s on the cusp of another deal to buy a similar strategic stake in mapping services firm AutoNavi. While this newest deal would be a bit smaller than the Weibo tie-up, it marks the latest transaction in a nascent M&A wave among China tech firms that looks set to gain momentum during the rest of the year.   More

E-Commerce Global Tech

Alibaba Tamps Down Valuation Expectations

Having let the markets get pumped up with huge expectations for its upcoming mega IPO, e-commerce leader Alibaba now appears to be trying to temper some of those high hopes in the run-up to an offering that is likely to be the biggest ever for a Chinese Internet firm. The reason for the sudden change of tone? Apparently the company wants to avoid following in the footsteps of social networking giant Facebook, whose IPO was so overhyped by the time it finally occurred that it was almost bound to result in failure and major disappointment.   More

E-Commerce Global Tech

New Smartphone Moves From Alibaba, China Mobile

We’re seeing some interesting new moves in the smartphone space from e-commerce leader Alibaba and dominant carrier China Mobile, as each makes big new bets in the fast-evolving area. Alibaba is launching its mobile operating system on a new series of smartphones with several Chinese partners, following a similar aborted attempt last year. China Mobile, meanwhile, is planning a major overhaul for its popular but rapidly aging Fetion mobile messaging service, in an attempt to compete with newer, more popular third-party apps like Tencent’s WeChat.   More