Tencent

Think that’s high? The rate goes up to 50% for app stores in China, the world’s largest Android market.

And its one last competitor Tencent Weibo just closed up shop.

New Ruipeng runs about 1,400 hospitals for pets in more than 80 cities.

Golden Education offers in-classroom and online courses that help students pass various qualification tests on accounting, finance, and taxation.

The rapid rise of Miniso’s brick-and-mortar store concept goes against the current e-commerce trend, and it also draws backlash from Muji and Uniqlo accusing it of counterfeiting.

India’s new foreign investment policy forces both local startups and Chinese investors to adapt amid an uncertain moment.

Tencent owns Los Angeles-based Riot Games, which is the creator of League of Legends, and holds a 40% stake in Epic Games, maker of Fortnite.

With only 2% of Chinese getting rid of used smartphones, JD.com, Tencent, and Alibaba are all making investments in the second-hand market.