Business Strategy

Tencent Aims to Become Digital Assistant Across Multiple Industries, CEO Pony Ma Says

Tencent Aims to Become Digital Assistant Across Multiple Industries, CEO Pony Ma Says

Pony Ma, founder of WeChat operator Tencent Holdings Ltd., aims to transform his firm into a digital assistant serving companies…

Apr 12, 2018
Tang Shihua
Tencent Spends on Offline Retail to Develop Cloud Computing, AI, Finance

Tencent Spends on Offline Retail to Develop Cloud Computing, AI, Finance

Chinese internet titan Tencent Holdings Ltd. has taken frequent moves lately to acquire shares in China’s well-known retail companies and…

Mar 26, 2018
Duan Qianqian
Search Engine Sogou Aims to Pilfer 2-3% of Baidu Market Share Each Year, CEO Says

Search Engine Sogou Aims to Pilfer 2-3% of Baidu Market Share Each Year, CEO Says

Sogou Inc., the search engine arm of internet firm Sohu Inc. aims to filch two to three percent of China’s search market from Baidu Inc. annually.

Feb 1, 2018
Liu Jia
Chinese Tech Startup Aims to Rival Apple With Cut-Price Smart Earphones

Chinese Tech Startup Aims to Rival Apple With Cut-Price Smart Earphones

Mobvoi Inc., the first Chinese startup to receive investment from Google, has unveiled wireless earbuds, part of the firm’s efforts to rival Apple Inc.’s AirPods in the smart headphones market.

Jan 23, 2018
Lai Shasha
NEV Startup Singlato Currently Testing 50 Smart Cars at Home and Abroad, CEO Says

NEV Startup Singlato Currently Testing 50 Smart Cars at Home and Abroad, CEO Says

Chinese new energy vehicle startup Singulato Motors is currently testing 50 different smart cars as it gears up to commence…

Jan 12, 2018
Tang Shihua
China’s Internet Giant Trio ‘BAT’ Foray Into Auto Market With Different Priorities

China’s Internet Giant Trio ‘BAT’ Foray Into Auto Market With Different Priorities

China’s major internet companies, Tencent Holdings Ltd. [HKG:0700], Baidu Inc. [Nasdaq:BIDU] and Alibaba Group Holding Ltd. [NYSE:BABA], collectively known as…

Jan 2, 2018
Yang Haiyan
China's Freight Market Has Ample Room for Growth, Truck-Hailing CEO Says

China's Freight Market Has Ample Room for Growth, Truck-Hailing CEO Says

China's freight market has ample room for growth if it can leverage the country’s Big Data on smart transport, said…

Dec 21, 2017
Qian Tongxin
Fosun’s Founder Will Step Down as Chairman of Shanghai Subsidiary to Focus on Group-Level Operations

Fosun’s Founder Will Step Down as Chairman of Shanghai Subsidiary to Focus on Group-Level Operations

Fosun International Ltd. [HK:00656] founder Guo Guangchang said he will step down from his position as Shanghai Fosun High Technology Group Co’s board chairman.

Nov 14, 2017
Chen Shanshan
Alibaba Will Become World’s Fifth-Largest Economy in Next 20 Years, Jack Ma Says

Alibaba Will Become World’s Fifth-Largest Economy in Next 20 Years, Jack Ma Says

Alibaba Group Holding Ltd.’s [NYSE:BABA] size currently matches the world’s 21st-largest economy and it will become the fifth-largest in the…

Oct 12, 2017
Tang Shihua
[Exclusive] Chinese Carmaker FAW Group May Transform Hongqi Marque to Electric-Only Brand

[Exclusive] Chinese Carmaker FAW Group May Transform Hongqi Marque to Electric-Only Brand

Chinese state-owned carmaker FAW Group Corp. may shift the position of its Hongqi brand to focus entirely on electric vehicles.

Sep 29, 2017
Yang Haiyan
Huawei Opens Up Kirin 970 Chip to More Partners, Including CAS, Qihoo 360

Huawei Opens Up Kirin 970 Chip to More Partners, Including CAS, Qihoo 360

Chinese tech giant Huawei Technologies Co. will provide its Kirin 970 processor for artificial intelligence in mobile computing and open…

Sep 26, 2017
Li Na
China Baowu Steel Group Will Scale Up Production via M & As, Its General Manager Says

China Baowu Steel Group Will Scale Up Production via M & As, Its General Manager Says

State-owned China Baowu Steel Group, the country’s largest steel producer, will boost production capacity through mergers and acquisitions as steelmaking…

Sep 15, 2017
Chen Yikan