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.
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.
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.
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.
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.
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.
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.
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.
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.
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 […]
The share price of Tencent Holdings (00700.HK) rose by more than 3 percent in early trading on November 21. At 9:53 am, Tencent‘s market value reached HK $4.128232 trillion, or about US $528.471 billion, surpassing Facebook, whose market value is US $518.346 billion, to become the world’s fifth-largest technology company by market value.
Seven of the Top 10 are Internet technology companies – namely, Apple, Google, Microsoft, Amazon, Facebook, Tencent and Alibaba – have a combined market value of $4.25 trillion, close to Japan’s GDP in 2016.
