Internet & Tech « Week In China - Part 3

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Internet & Tech

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Tencent Music joins IPO rush by Chinese tech unicorns
Jul 20, 2018 (WiC 418)

At first glance, Chinese consumers appear to love music – an estimated 72% of the population listens to it, and they do so for an average of 16 hours per week. What they don’t like is having to pay for the pleasure. According to Peng ...

Alibaba’s mapping service joins long list of Didi challengers
Jul 20, 2018 (WiC 418)

When Didi Chuxing bought out Uber’s China operations in 2016 many observers thought it was the end of competition in the country’s ride-sharing industry (see WiC336). However, there have always been smaller players in the field and recently ...

How smartphone apps may infringe privacy
Jul 13, 2018 (WiC 417)

When Mark Zuckerberg posted a picture in 2016 to celebrate the growing user base of Instagram, which is owned by Facebook, internet users noticed that Zuckerberg had taped up his laptop’s camera and microphone jack. The reason: possibly to ...

Bytedance and Tencent accuse each other of smear campaigns
Jul 6, 2018 (WiC 416)

The notion of “dark public relations” gained prominence following Edward Snowden’s revelations about the global surveillance programmes used by the US government in 2013. It describes the tactics used to “destroy, deny, degrade [and] ...

Google invests in Chinese e-commerce giant alongside Tencent and Walmart
Jun 29, 2018 (WiC 415)

Forget about Alibaba and Tencent. The most dominant internet combo of recent times is Google and Facebook. Combined, the two firms account for more than 80% of global digital advertising spend and their market value is almost as big as the ...

‘Staffless shelves’ get a makeover as retail revolution continues
Jun 29, 2018 (WiC 415)

China’s tech sector is intent on finding ways to do without human labour. One of the latest trends – staffless shelves – are one such solution. Staffless shelves are a stripped-down version of the automated convenience stores that began ...

Shopping centre giant has another go at ‘smart retail’
Jun 29, 2018 (WiC 415)

If 2017 was something of an annus horribilis for Wang Jianlin (see WiC375), this year is turning out better for the founder of Wanda. As a leading sponsor of soccer’s World Cup, the Wanda brand has been broadcast around the globe over the past ...

Is Ant Financial worth $150 billion?
Jun 8, 2018 (WiC 412)

Does the world’s largest fintech company deserve a valuation which is half that of the world’s largest bank? For that is what Ant Financial has just achieved relative to ICBC after raising $10 billion from a final fundraising round ahead of ...

Video site Douyin launches lawsuit against Tencent over WeChat blockage
Jun 1, 2018 (WiC 411)

Ahead of the EU’s General Data Protection Regulation’s coming into effect last week, website operators across the world scrambled to bring their privacy policies in line with the new requirements. According to 21 Century Business Herald, ...

Managerial reshuffle hits Baidu’ s stock price
Jun 1, 2018 (WiC 411)

Baidu, China’s answer to Google, got its name from an 800 year-old poem that compares the poet’s search for a beautiful but elusive woman with the quest for one’s dreams in life. “Hundreds and thousands of times, for her I searched in ...

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