The merger between Kuaidi Dache and Didi Dache has been confirmed, the top two taxi apps in China will get together to counter Uber. Didi Dache, apparently the leading taxi app in China, trails only Uber in the space in terms of fundraising after...
Taobao (simplified Chinese: 淘宝网; traditional Chinese: 淘寶網; pinyin: Táobǎo Wǎng) is a Chinese website for online shopping (similar to eBay and Amazon), that operates in China by Alibaba Group. Founded by Alibaba Group on May 10, 2003, Taobao facilitates consumer-to-consumer (C2C)...
Chinese streaming video portal iQiyi yesterday launched its own in-house film production studio, iQiyi Pictures. iQiyi was already working with a handful of major studios to produce nearly 30 TV shows. The move to the big screen comes as many...
The Chinese Internet Company, Alibaba Group Holdings, has launched 11Main.com, an online store for U.S. customers. The announcement was received with a degree of alarm by the media, referring to Alibaba’s landing in the States as “Amazon.com’s D-Day,” a great threat...
Tencent is the world’s fourth largest web company, and Alibaba is on the verge of history’s largest tech IPO. Both of these behemoth companies occupy many of the same verticals in China, which is the biggest and possibly most isolated...
WeChat, the popular messaging app made by Tencent, is pushing even further into mobile commerce territory. Tencent added support for any brands to allow customers to purchase items or services inside the app. It works for both in-store payments (where retailers...