Pinduoduo blasted for user privacy breach, Luckin franchises: Retailheads
Pinduoduo is under fire again for deleting pictures from a user’s photo album without consent. Luckin opens up to franchises in lower-tier cities.
WeChat doubled mini program GMV in 2020
The Covid-19 pandemic accelerated consumer adoption of e-commerce on WeChat and powered growth, as confined shoppers spent more time browsing on the app.
Insights | Why ‘996’ just won’t go away
996 is still a problem in China’s tech industry. It’s brutal to employees, and it’s questionable whether overtime work pays off even for companies.
Tencent Music Partners with Norwegian Embassy in China on Collaborative Music Album
Tencent Music Entertainment Group, the leading online music entertainment platform in China, has partnered with the Royal Norwegian Embassy in Beijing to launch a collaborative … Read more
Tencent-Led Consortium Exercises Call Option to Acquire Additional Equity Interests in Universal Music Group
Tencent Holdings Limited announces today that a Tencent-led consortium has exercised its call option to acquire an additional 10% equity stake in Universal Music Group … Read more
Tencent Sets Up Its New Cultural and Creative Headquarters in Chengdu High-tech Zone
Tencent, one of the largest integrated Internet service providers in China and one of the world’s top 500 enterprises, has ramped up its investment in Chengdu to … Read more
China’s new gaming rules ban blood, gambling and some games based on the Chinese imperial past
Since December 2018 China started approving new licenses (ICP Certificate) for video games. But the government has also released new guidelines on how to obtain … Read more
Reddit is experiencing a user uprising against China because Tencent will invest heavily in the platform
Reddit’s homepage, as well as many other popular subreddits (forum dedicated to a specific topic), are filled with posts and images that highlight the authoritarian … Read more
China to restart game approvals
The prolonged freeze on approvals for new games is finally coming to an end. After the licenses for new video games have been frozen for … Read more
An awful year for the Chinese hi-tech giants
Until recently, China’s tech giants seemed to pose a real threat to Silicon Valley. According to an interesting analysis by Bloomberg, 2018 was a nightmare … Read more
China freezes game approvals amid a government shake-up
According to a report from Bloomberg, the Chinese government has blocked the approval of new licenses for the distribution of video games on its market, … Read more
Tencent’s game platform will compete with Steam in the global market
The new platform of Tencent, WeGame, will compete against the American giant Steam to conquer the online market of PC video games. China’s Tencent Holdings … Read more
The Big Brother Gone Modern: Social Credit System in China
The story of the social credit system began in 2014 when it was proposed by the Chinese government. by Eugene Michaels One year late, eight … Read more
China approves personal credit platform for online lending
China’s central bank on Thursday gave the green light to a credit-scoring platform for individual online lending activity. The company, under the name Baihang Credit … Read more