Sogou, literally “Search Dog”, is one of the main Chinese search engine making its own privatization headlines with its announcement of a buyout bid for its separately listed Sogou search unit. What makes this headline interesting is the company offering to take Sogou private, which is the Shenzhen-based hi-tech giant Tencent. Is Pony Ma challenging…
Chinese food delivery giant and rating platform Meituan Dianping has recently removed Alipay, Alibaba’s online payment platform, from its app. According to Tech Planet, some users couldn’t find Alipay on Meituan while monthly payment, debit card, WeChat Pay and Apple Pay are still available. Some netizens even complained with Meituan. “Why doesn’t Taobao support WeChat…
On June 30th, BrandZ just released their Most Valuable Brands list for 2020. The BrandZ™ Global Top 100 now includes 17 Chinese brands, led by Alibaba and Tencent. According to the report, companies have increased their total brand value by 6%, adding $277 billion over the past year to reach $5 trillion in total value.…
China is fintech sector forerunner. If you want to see the future of this industry, just go to China. Without doubts, China is the first cashless society in the world. The number of people using the internet in China reached 900 million in March 2020. Today, 710 million people shop online, an increase of 100…
Today we meet the short-video app Bilibili, a social app that brands know they should get on. So, why are they reluctant – or maybe too intimidated – to explore such important platform? The user culture is strong here, more so than most other Chinese social media and video sharing platforms. It’s where all the…
Shenzhen-based tech giant is partnering with local authorities to launch the first health tracking system for students. Health comes first. This is the new, and understandable, mantra in China. Schools in China are ready to reopen and once again AI and big data are helping to track citizens health condition. Chinese internet giant Tencent is partnering with…
Duoduo Video is online. During the Chinese New Year holiday, Shanghai-based e-commerce platform quietly launched its short video. According to reports, short video penetration exceeded 70% in Q3 2019 with 810 million active users. Finally, Pinduoduo has joined the race to launch short-video making apps with unveiling Duoduo video which is focused on creativity and, of…
With 104.7 million installs in January, TikTok is the social media of the moment. While Bytedance’s Toutiao was the most downloaded news app during the same period. Bytedance’s short-video app Douyin, better known as TikTok outside China, continues gaining momentum, garnering 104.7 million global downloads in January, a growth of 46% year-on-year, becoming the world’s…
AI will have a dramatic impact on the market in ways we can only imagine. One of the earliest areas in which it’ll hit the hardest is in the e-commerce. Let’s see how combine AI with the world of online shopping. AI is beginning to embed itself into all aspects of our lives. From the…
With over than $5 billion, video streaming industry is Chinese hi-tech world hot topic right now. China’s short video streaming industry is expected to exceed RMB 38 billion (around $5.46 billion) in 2020, according to media Research. Popular dating platform Momo quietly launched a short video social app, “Duiyan,”. As reported by media, Momo is moving…