Tencent’s online ad revenue grows for the first time in more than a year
Chinese tech giant Tencent released quarterly results Wednesday.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese tech giant Tencent reported better-than-expected quarterly…
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Kuaishou Technology
China tightens media control with tiny stakes in two Alibaba units
Alibaba completed its acquisition of video platform operator Youku Tudou in 2016. Pictured here is an old version of the Youku logo.Sopa Images | Lightrocket | Getty ImagesBEIJING…
As gaming sales slump, China’s Tencent signals a hot ad trend it’s betting on
Tencent runs the ubiquitous Chinese messaging app WeChat. The company has a short form video feature with in the app and has began to monetize that through video ads in the feed.…
Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record
Alibaba, whose headquarters are pictured here on May 26, said its online physical goods GMV in China, excluding unpaid orders, fell further in April, with a "low teens" decline…
Billionaire founder of China’s JD.com steps down as CEO as Beijing’s tech crackdown continues
Richard Liu, the founder of Chinese e-commerce giant JD.com, will step down from his role as CEO. His departure comes after a number of high-profile technology founders exited…
Alibaba leads $60 million funding into augmented reality glasses maker Nreal in metaverse play
An attendee tries a pair of Nreal mixed-reality glasses at the MWC Shanghai exhibition in Shanghai, China, on Tuesday, Feb. 23, 2021.Qilai Shen | Bloomberg | Getty ImagesAlibaba…
These Asia stocks have fallen sharply since their 2021 IPOs, fading from their first day surges
A Thai investor checks an electronic board showing stock prices.Amphol Thongmueangluang | SOPA Images| LightRocket | Getty ImagesSome 2021 Asia-Pacific IPOs have seen a sharp…
Founder of TikTok owner ByteDance steps down as chairman as Chinese tech execs quit day-to-day roles
Sheldon Cooper | LightRocket | Getty ImagesGUANGZHOU, China — ByteDance founder Zhang Yiming has stepped down as chairman, as the company continues to reorganize its business, a…