Tech Giants

NetEase Stock Slumps After First Quarter Miss

NetEase Stock Slumps After First Quarter Miss

NetEase Inc. stock has slumped nearly 7.5 percent after the gaming company failed to live up to hype in the first quarter and missed out on earnings forecasts.

May 18, 2018
Dou Shicong
'Blockchain Is Not a Bubble, But Bitcoin Is,' Says Alibaba’s Jack Ma

'Blockchain Is Not a Bubble, But Bitcoin Is,' Says Alibaba’s Jack Ma

'Blockchain Is Not a Bubble, but Bitcoin Is,' Says Alibaba’s Jack Ma

May 17, 2018
Tang Shihua
Alibaba Becomes First Chinese Member of JCP Executive Committee

Alibaba Becomes First Chinese Member of JCP Executive Committee

China e-commerce colossus Alibaba Group Holding Ltd. was invited today to join global computer language management organization the Executive Committee…

May 17, 2018
Dou Shicong
Tencent’s First-Quarter Earnings Haul Beggars Belief; Shares Gain

Tencent’s First-Quarter Earnings Haul Beggars Belief; Shares Gain

Tencent Holdings Ltd.’s latest earnings report confounded the expectations of investors and analysts who were concerned that the internet juggernaut’s…

May 17, 2018
Duan Qianqian
Nokia Sets Up China Lab to Bolster Local Sales

Nokia Sets Up China Lab to Bolster Local Sales

HMD Global Oy, current owner of the Nokia brand, plans to set up a research lab in China’s southern tech hub Shenzhen as it looks to bulk up business in the world’s biggest smartphone market.

May 17, 2018
Li Na
Rongyu Group Will Use Alibaba Network Services to Streamline Operations

Rongyu Group Will Use Alibaba Network Services to Streamline Operations

A unit under China’s second-biggest online retailer Alibaba Group Holding Ltd. has agreed to provide network technology services to Rongyu…

May 16, 2018
Tang Shihua
Baidu’s iQiyi Acquires Baidu Nuomi Pictures for USD200 Million

Baidu’s iQiyi Acquires Baidu Nuomi Pictures for USD200 Million

Baidu Inc. is consolidating its culture and entertainment business. Baidu sold its Nuomi Pictures division for USD200 million to iQIYI…

May 15, 2018
Ben Armour
JD.Com, Qihoo Extend Partnership to Push Smartphone Sales

JD.Com, Qihoo Extend Partnership to Push Smartphone Sales

Chinese biggest online retailer JD.Com Inc. and online security firm Qihoo 360 Technology Co. have renewed their two-year partnership to help Qihoo further its smartphone business.

May 15, 2018
Dou Shicong
Athub Revenue to Balloon Under Alibaba Deal to Build Five Data Centers

Athub Revenue to Balloon Under Alibaba Deal to Build Five Data Centers

Chinese e-commerce giant Alibaba Group Holding Ltd. has asked Shanghai Athub Co. to build and operate five data centers in…

May 15, 2018
Tang Shihua
Shenzhen Grants Tencent City’s First Test Plate for Self-Driving Vehicles

Shenzhen Grants Tencent City’s First Test Plate for Self-Driving Vehicles

China’s southern tech hub Shenzhen has dished out its first road test license plate for self-driving vehicles to its local…

May 15, 2018
Dou Shicong & Tang Shihua
Baidu Offloads Ticketing Platform to iQiyi to Focus on AI

Baidu Offloads Ticketing Platform to iQiyi to Focus on AI

Baidu Inc. is transferring its movie theater ticketing platform Nuomi Film to video streaming unit iQiyi Inc. so that it can focus efforts on the fast-growing artificial intelligence sector.

May 15, 2018
Dou Shicong
Alibaba Cloud Teams Up With China Electronics to Build High-Security Cloud Platform

Alibaba Cloud Teams Up With China Electronics to Build High-Security Cloud Platform

China’s internet behemoth Alibaba Group Holding Ltd. will join hands with China Electronics Technology Cyber Security Co. to build a…

May 14, 2018
Tang Shihua

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