Red Envelope War: How Alibaba and Tencent fight over Chinese New Year
On the eve of the Year of Sheep, Tencent and Alibaba, have turned the holiday tradition into a wildly popular phenomenon that helps them tap into the digital wallets of millions of Chinese.
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Tencent takes a 15% stake in JD.com to take on Alibaba
Chinese Internet giant Tencent, has officially combined its e-commerce operations with online retailer JD.com, after rumors last month hinted at such a move.
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Chinese search giant Baidu to invest in Uber
Chinese search engine giant Baidu Inc. is to invest in the taxi app Uber Technologies Inc., according to media reports.
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Chinese parents’ difficult art of letting go
The way some Chinese parents shower love on their grown-up children can be smothering, but from an outsider's perspe
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Alibaba opens first U.S. cloud center, enters hotly contested market
In an announcement on Wednesday, the Chinese e-commerce giant said it planned to open its first data center outside of China in Silicon Valley.
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Alipay to provide Chinese tourists tax refund service in Europe
About 5,000 shops in the United Kingdom, Germany, Italy and France will offer Chinese customers the option of receiving tax refunds through Alipay from today.
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Alipay cooperates with Huawei to launch fingerprint payment service
Alipay Wallet and smartphone maker Huawei jointly rolled out a biometric security solution for mobile payments recently.
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Alibaba invests in QR code company Visualead
Chinese e-commerce giant Alibaba Group Holding Ltd. said Tuesday it will invest in technology startup Visualead of Israel.
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Qihoo 360 is making a mobile OS and taking aim at Xiaomi
Now meet Qihoo 360 Technology Co., which also is looking to capture a piece of the world's largest mobile market while casting an eye to the West.
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Alibaba, Tencent spend billions in race to be one-stop online shop
Alibaba and Tencent spent more than $8 billion last year alone backing often strikingly similar ventures, as the Chinese Internet giants race to create online one-stop shops.
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