China leans on Alibaba and Tencent to digitize public services

On January 15, a public hearing took place in the southern Chinese metropolis of Shenzhen. Instead of having to jump through the usual bureaucratic hoops, participants dialed in virtually – via China’s most popular social app, WeChat. In the past, they would have to submit a signup form via email or in person, wait a … More China leans on Alibaba and Tencent to digitize public services

Baidu, Alibaba and Tencent set to dominate programmatic ad spend in China for the foreseeable future

Chinese Internet giants Baidu, Alibaba and Tencent (BAT) will account for the lion share of programmatic expenditures in China as advertisers are predicted to invest $22.81 billion on programmatic digital display ads this year in the Asian country, with mobile accounting for 83.7% of that total. This is according to eMarketer’s latest forecast of programmatic … More Baidu, Alibaba and Tencent set to dominate programmatic ad spend in China for the foreseeable future

WeChat launches first pop-up store in Shanghai

WeChat, China’s leading messaging app, has launched its first cashier-less pop-up store in Shanghai, Yicai.com reported. The company, developed by Tencent, has teamed up with more than 300 merchants, including EasyGo and EllE, as well as shopping mall The Mixc to build up its first pop-up store, also known as flash retailing. The latter is … More WeChat launches first pop-up store in Shanghai

Toymaker Lego teams up with Chinese internet giant Tencent

Danish toymaker Lego is teaming up with Chinese internet giant Tencent Holdings Ltd (0700.HK) to jointly develop online games and potentially a social network aimed at Chinese children. Privately-owned Lego has seen a slowdown in sales growth in recent years, but the Chinese market has been a bright spot with sales growing 25-30 percent in … More Toymaker Lego teams up with Chinese internet giant Tencent

JD.com Partners with “China’s Pinterest” on New WeChat Sales Venture

Chinese e-commerce platform JD.com will collaborate with Meili on a new fashion e-tail venture, which will reportedly be run as a WeChat mini-program. The venture is set to make its debut after Chinese New Year. Meili (美丽联合集团) is a company that formed when social e-commerce site Mogujie (蘑菇街) bought out rival Meilishuo (美丽说) in 2016. … More JD.com Partners with “China’s Pinterest” on New WeChat Sales Venture

WeChat rolls out ‘instant games’ you don’t need to install

Already China’s most-used app, WeChat wants to make itself even more ubiquitous by allowing people to find and play games inside the messaging app. WeChat, which has nearly a billion users, today rolled out a handful of what it calls “mini games.” They’re specially created games that work only within WeChat and don’t require downloading … More WeChat rolls out ‘instant games’ you don’t need to install

WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

Perhaps nowhere is the battle for Chinese tourists’ payments more obvious than in airports. For Alipay and WeChat Pay, presence in international airports is required to maintain the impression that their platforms genuinely are available in the international space. If these payment options aren’t even available in the most international of spaces—the airport—why would Chinese … More WeChat Pay Launches ‘Flagship Airport’ Program in Battle Against Alipay, UnionPay

Tencent Spreads Money Around the Tech World

More corporations, ranging from General Motors Co. to Sesame Street, are investing in technology companies. Asia’s tech titans are taking this investment splurge to a different level. Snapchat parent company Snap Inc. disclosed Wednesday that China’s Tencent Holdings Ltd. bought roughly $2 billion in Snap stock recently. Tencent put money into Snapchat years before its … More Tencent Spreads Money Around the Tech World