Ep. 30: The Greatest Trainwreck of China Internet — Renren, China’s Facebook
In episode 30 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Renren Inc., the closest Chinese analogue to Facebook.
Renren, the Faded Facebook of China, Disposed at $60 million
Four years after my last post on renren.com in 2014, the Facebook of China, I logged in to check back on my friends but got nothing but disappointment in return. Among stereotypical selfies of online celebrities are the ashes of my burned-out college memories.
Facebook Releases List of Top 50 Chinese Brands with Great Global Influences
The third annual Facebook Overseas Marketing Summit was held in Shanghai on Sept. 12. At the event with the theme “created by you, loved by the world”, Facebook jointly released with KPMG a list of top 50 Chinese brands ranked by global influence.
Facebook Registers Subsidiary in China, Website Still Banned
Facebook has registered a company in Hangzhou, China on July 18, as reported in a filing with China’s National Enterprise Credit Information Publicity System.
Global Tech Companies Wary of Alibaba’s Disruptive Business Models
Alibaba tops the list to become the number one company that competitors are “most worried about” for their disruptive business models in the latest KPMG tech survey.
Does Tencent Have A Better Revenue Model Than Facebook?
Facebook’s dependency on ad revenue is worrying.
Tencent: QQ International will remain online in Europe
On the evening of April 13, Tencent issued a statement saying that the international version of QQ, a popular messaging app, will remain online in Europe to provide services to users in the region.
Alibaba Jack Ma’s Promise of 1 Million U.S. Jobs Now in Jeopardy
During the 2018 annual conference of the Boao Forum for Asia (BFA), Jack Ma said that if China-U.S. economic and trade relations deteriorate, the promise he made last year during a meeting with U.S. President Donald Trump to create a million jobs in the United States will become null and void.
Hong Kong’s richest man Ka-shing Li retires at 89
On the afternoon of March 16, 89-year-old Ka-shing Li (born on July 29, 1928), the Chairman of CK Hutchison Holdings Limited, officially announced his retirement.
Social Empires: Why are Tencent and Facebook Heading in Opposite Directions?
Tencent and Facebook are operate social empires in the East and the West. Their market valuations are similar, and commentators often attempt to compare these two companies and imagine a competition. The competition between Facebook and Tencent is similar to a battle between the Asian tiger and the African lion.
Robin Li: Day for Baidu Comes, Negotiations Begin with Facebook
How does Robin Li view the past year? Baidu’s founder, chairman and CEO gave a detailed answer at the Geek Park Innovation Conference 2018.
Xiaomi: Why Do We Do VR? Lei Jun Warns that Prepare for at least Five Years
The Xiaomi MiLab published an article titled “Why Do We Do VR?” on its official Weibo account on November 11. The article disclosed some stories behind Xiaomi’s VR layout.
Working with Xiaomi: Oculus to Release VR Devices in China
Facebook has just taken a big step forward in VR. Oculus, its VR company, announced on Monday it would launch a VR device in China through a partnership with Xiaomi.
Twitter Asia-Pacific to Help Chinese Business Expand Abroad, Invest in Live Video
It has been 11 years since Twitter established itself as a new platform for social communication. In that time, it has become one of the world’s most important websites even though it has yet to “grow up”. In doubt? Try following @realDonaldTrump.
Pony Ma and Jack Ma Not Business Gods, Bolstered by an Era of Big Enterprises
2017 will be a milestone in the history of Chinese companies. In April, Tencent ranked among the Top 10 companies in the world by market value. In June, Alibaba joined it in the Top 10, and within a few days surged to seventh place. On November 21, Tencent’s market value grew to $520 billion, passing…