India’s largest baby products retailer Firstcry (Brainbees Solutions Pvt Ltd) is reportedly in talks to several investors to raise up to $100-150 million. According to people aware of the development, the Mahindra group-backed retailer has revived talks with Singapore state investment firm Temasek Holdings.
VIPKid, the online children education brand has confirmed completion of its Series D+ round of financing with relevant details disclosed.
Earlier this month, Tencent sued Bytedance, better known as Toutiao, for 1 RMB and Toutiao fought back by suing Tencent for 90 million RMB. What sparked the feud between the David and Goliath of the Chinese tech world? Listen to this week’s episode of TechBuzz China by Pandaily to find out!
According to Chinese media reports, the popular live-streaming platform Douyu TV, is rumored to go public in Hong Kong next month at a valuation of $700 million.
On June 7, Walmart China and Tencent jointly an in-depth strategic partnership in future digital retail.
Last week, Tencent filed a lawsuit against Toutiao asking for a token compensation of 1 yuan, or 15 cents USD. A week later on June 1st, Toutiao filed a lawsuit against Tencent to retaliate, but with a demand of 90 million yuan (US$14 million) in compensation.
Tencent filed lawsuits in Beijing on Friday against Beijing Bytedance Technology Co Ltd, the owner of Jinri Toutiao and weiboshijie Ltd, parent company of Douyin, claiming 1 yuan for compensation and demanding public apologies from the two companies to publish on these two new media platforms.
China’s Tencent and Alibaba stayed among the top 10 of the 2018 BrandZ Top 100 Most Valuable Global Brands ranking released by WPP and Kantar Millward Brown on Tuesday.
Chaping, an independent tech media on Tencent’s WeChat platform, announced on Monday that it will voluntarily refund the investment to Tencent after an online outcry about its series A funding from the Chinese tech giant.
Lately I have been thinking about how Tencent’s WeChat can enter other markets. It has been a tremendous success in China with more than one billion users. Together with Alipay, mobile payment has turned Chinese society from a society where people carry large wads of cash, to one which is largely cashless, all within the…