Source: tencent.com
The Chinese real estate giant Dalian Wanda Group is creating a joint venture with Tencent, one of China’s biggest technology companies and the former local...
Jack Ma’s Ant Financial Services Group is set to close a $10 billion private fundraising round that would value the company at $150 billion. The...
Mobile gaming saved Asia’s highest-valued tech company, Tencent, from what analysts were predicting could have been a poor quarter. The company’s mobile games business is...
Baidu’s new firm has received $1.9 billion in funding that will enable it to better compete in China’s growing FinTech space. According to The Wall...
As it seeks to speed up its eCommerce expansion, China’s Xiaohongshu or “Little Red Book” is seeking new funding. According to people familiar with the...
Historically speaking, it has not been easy for U.S. retailers (or any foreign players) to establish a strong presence in the Chinese market. However, many...
With the popularity of “small retail” growing in China, Walmart has opened a small-format supermarket in the city of Shenzhen. The location carries items that consumers...
In what is seen as a blow to Alipay, Walmart inked a deal with rival Tencent Holdings to use WeChat Pay, its popular payment app,...
Naspers, the South African media and internet company, is unloading 2 percent of its stake in China’s Tencent, giving it up to $11 billion in...