NewsTencent pours USD 120 million into Xiaoshouyi in China’s largest CRM investment in historyThe deal is in line with the social giant’s To-B strategy. 1 min read
The social and gaming giant is actually an earlier investor for this startup. NewsTencent-backed Kuaishou invests in comic startup Crossingstar as China’s manga scene grows1 min read
Short video platforms are tapping into e-commerce. NewsTencent-backed Kuaishou sells USD 14 million goods via short video app in 3 days2 mins read
Although the two companies started their business widely differently, they are now quite into each other’s space, influencing the country’s internet economy. Insights10 fields where Alibaba and Tencent compete head to head5 mins read
The edtech startup, valued at USD 2.8 billion, has been struggling to attract fresh capital flow. NewsTencent drops USD 150 million investment plan on Chinese edtech unicorn VIPKid1 min read
The AI avatar will handle customers inquiries via an app. NewsSogou unveils AI financial assistant for Ping An, after creating AI news anchors for Xinhua and planning novel readers for Zhangyue1 min read
It is the most popular app among those born in the 2000s, according to a research firm. NewsTencent invests USD 125 million in Chinese online comic platform Kuaikan1 min read
It is deeply rooted within WeChat’s ecosystem and is backed by Tencent. NewsWebuy, founded by former Alibaba executive, raises USD 100 million2 mins read
The fate of a company, especially an internet company, might be closely related with its ability to hire talented, young people. NewsTop 10 most attractive workplaces in China for young programers2 mins read