NewsCHINA BRIEF | Tencent and TikTok’s sister app Douyin both steal personal information, Beijing court rulesA victory for the individuals against tech giants. 1 min read
Alibaba, Tencent and ByteDance all covet Baidu’s search business. NewsCHINA BRIEF | Alibaba’s intelligent search app Quark releases content product ZVideo1 min read
Shushi was founded in June 2020 by Li Kefeng, a former JD.com VP and general manager for Baidu’s mobile business. NewsCHINA BRIEF | Tencent pours USD 14.2 million in digitization solution provider Shushi in angel round1 min read
Ant Group eyes the largest IPO of 2020 with a dual listing in Shanghai and Hong Kong. Visual StoriesBIZ IN GRAPHICS | Meet the world’s most valuable startup that emerged from China’s online payment competition4 mins read
The launch of WeChat Pay in Istanbul Airport is expected to increase the shopping volume of Chinese travelers in Turkey. NewsWeChat Pay launches service in Turkey targeting Chinese tourists2 mins read
The proposed deal follows Tencent’s plan to invest around USD 70 billion over the next five years in new digital infrastructure. InsightsTencent’s USD 2.1 billion buyout of online search service Sogou could supercharge WeChat, analysts say3 mins read
Chinese online games giant is now the world’s seventh most valuable company ahead of Facebook. NewsTencent grabs Facebook’s social media crown with rally that adds USD 207 billion to market value this year3 mins read
In its push towards the Internet of Vehicles, Tencent has teamed up with more than 30 automakers including Mercedes-Benz, Changan, and Geely. NewsCHINA BRIEF | Tencent brings in-car WeChat, mini apps to BMW in new partnership1 min read
The online audio industry is growing fast in China, but challenges remain. InsightsMeet the players competing for China’s USD 3.8 billion ‘ear economy’7 mins read
NewsDeals in brief: Podium nets Series A1 funding, Gyges Labs backed to redefine wearables, xAI raises USD 5 billion, and more