Alibaba Buys 8 Percent Stake in Popular Chinese Video Platform Bilibili
As if making a marriage announcement on Feb. 14, Alibaba Group announced that it will be deepening its cooperation with the popular Chinese video platform Bilibili.
Reddit With New Chinese Blood? Tencent is Now its Lead Investor
American news feed website Reddit received $300 million in total in a new round of financing. Chinese tech giant Tencent is the lead investor, contributing half of the total financing.
Ep. 34: WeChat’s 7.0 Update and Allen Zhang, the Man Behind the App
In episode 34 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the latest version of WeChat, which first came out on iOS the third week of December 2018, and on Android a few days later.
New WeChat Update Sparks Privacy Concerns — But What Can We Do?
On Dec. 22nd, WeChat launched its IOS 7.0 version on Apple App Store. WeChat is like Facebook, What’sApp, Apple Pay and Uber all in one.
Number of Chinese IPOs in US Hit Eight-Year High
Some 33 Chinese companies got listed on the New York Stock Exchange and Nasdaq in 2018, a great leap from 2017’s 17 listings.
Yuanfudao Completes Another Round of Funding, Bringing Valuation to Over $3 Billion
Yuanfudao, an online tutoring platform based in Beijing, has raised $300 million from Chinese Internet conglomerate Tencent in a deal that values the education company at $3 billion.
Ep. 33: Tencent Music – Totally Not China’s Spotify
In episode 33 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about Tencent Music (TME), which finally completed its $1.2 billion IPO after a two-month delay due to market volatility.
Tencent Music Debuts IPO at NYSE
Tencent Music (TME), the music streaming subsidiary of the China tech giant Tencent Holdings Ltd., raised $1.1 billion in its U.S. initial public offering (IPO), pricing shares at $13 per piece on Dec. 12 local time.
Tencent Considers Developing a VR Version of WeChat
Instead of typing, talking to your friends and families via voice or video calls, in the future you might be able to have a “face-to-face” conversation on a VR social media platform even if you are apart.
Tencent CEO Pony Ma Raised Question on Basic Sciences on the Quora-like Zhihu
What are the breakthroughs in basic sciences that will make huge influences to the internet tech industry? What kind of changes would be brought by the fusion and innovations of industrial and consumer internet?
NBA and Tencent Deepen Partnership to Promote Youth Basketball in China
The National Basketball Association (NBA) and Tencent Holdings Ltd announced on Oct. 8 that the two will deepen their mutual cooperation by promoting Jr. NBA and the development of youth basketball leagues in China.
Tencent Undergoes Strategic Restructuring Awaiting the Arrival of 5G
To brace for the dawn of 5G and AI, Tencent Holdings is undergoing a strategic upgrade, which involves the establishment of two new business divisions—Cloud and Smart Industries Group (CSIG) and Platform and Content Group (PCG).
Baidu and Intel Launch Joint AI and 5G Innovation Lab to Integrate 5G Networks into AI Applications
Baidu and Intel co-launched an AI and 5G Mobile Edge Computing (MEC) innovation lab at Intel’s 5G Network Summit in Beijing.
Tencent, Didi, Baidu among the Seven Companies Approved for Autonomous Car Road Tests in Beijing
According to Beijing Innovation Center for Mobility Intelligent, the Beijing Municipal Government issued license plates to seven companies on September 22 for street testings of autonomous vehicles.
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.