Posts Tagged ‘Internet’

China Development Bank Inks Tencent Fintech Deal

China Development Bank and Tencent signed a strategic cooperation agreement on “Internet plus” for development of finance services. The term …


Alipay Brings Chinese Money Services To Malaysian JV

CIMB Group Holdings Bhd, Malaysia’s second largest bank by asset scale, said that its subsidiary Touch n Go, in which …


Is There Anything To Fear About Apple’s China Data Center?

News broke yesterday that Facebook-owned Whatsapp was partially filtered and blocked in China. This action comes a week after Apple …


U.S. Payments Start-up Teams With Alipay, WeChat To Reach Chinese Consumers

Silicon Valley start-up company Stripe has reached deals with Chinese digital payment service providers Alipay and WeChat payment to enable …


Chinese Government Demands Weibo Cease Streaming Video Services

The Chinese adage that the tall blade of grass gets cut first is definitely true this week, as China’s top …


LeEco To Close Cloud Disk Personal Services At End Of June 2017

The Chinese government’s tightening noose on illegal Internet content has found its latest victim: LeEco. LeEco’s cloud disk service announced …


China’s Bitcoin Trading Value Soars In May 2017

In May 2017, the Bitcoin trading value in China reached CNY21.708 billion, four times that of April 2017. And the …


Alibaba, China Telecom Seal New Deal For Network Services

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and …


Tencent May Have Just Defeated Baidu At Its Own Game In China

Baidu is a poorly-executed search engine. But with both government regulations handcuffing its development and lack of competition in China, …


Tencent’s Silicon Valley Data Center Opens While Foreign Firms Lack China Access

Tencent’s Silicon Valley data center, which is the company’s first data center in the U.S., has commenced operations. Tencent will …