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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 […]

Tencent Passes Facebook to Become 5th Largest Tech Company

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.

Tencent’s Daily Revenue Nears 200 Million Yuan, Draws Near Other Global Giants

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.

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