China Tech

GoTo signs a five-year cloud infrastructure deal with Alibaba, which has agreed to not sell down its 7.5% stake in GoTo any further for the duration of the deal (www.bloomberg.com)
2024-9-18 Alibaba

India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart (indianexpress.com)
2024-9-15 India Amazon Samsung Xiaomi

Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart (www.reuters.com)
2024-9-15 India Amazon Samsung Xiaomi

Q&A with Alibaba.com president Kuo Zhang on the enduring importance of the US market, navigating geopolitical tensions, competing with Shein and Temu, and more (restofworld.org)
2024-9-13 Alibaba

Xiaomi X Pro QLED 55-inch 4K smart TV review: Perfect for most users (indianexpress.com)
2024-9-12 Xiaomi

In a memo to commemorate Alibaba's 25th anniversary, Jack Ma said the competition will make the company stronger, urging trust “in the power of market forces” (www.wsj.com)
2024-9-11 Jack Ma Alibaba

Alibaba Now Sells a $200,000 Diamond-Making Machine (news.slashdot.org)
2024-9-11 Alibaba

Alibaba's stock rises 5%+ after being made directly accessible to mainland China investors for the first time, following an upgrade to Hong Kong primary listing (t.co)
2024-9-10 China Hong Kong Alibaba

‘AI PCs will trigger replacement cycles of computers in India…$699 sweet spot': Lenovo's top exec at IFA 2024 (indianexpress.com)
2024-9-6 India AI Lenovo

Sources: Apple approves a WeChat update for iOS, as talks continue with Tencent to offer IAP and block links to external payment services in mini games (www.bloomberg.com)
2024-9-6 IOS Apple WeChat Tencent

Lenovo unveils packed lineup of AI-infused PCs as AI fever grips Europe's biggest tech show (indianexpress.com)
2024-9-6 Europe AI Lenovo

I saw Lenovo's ThinkBook Auto Twist AI concept laptop at IFA 2024, and it blew me away (indianexpress.com)
2024-9-6 AI Lenovo

Alibaba will let shoppers check out via Tencent's WeChat Pay on its Taobao and Tmall shopping platforms, as Chinese government crackdown on Alibaba ends (www.bloomberg.com)
2024-9-4 China Alibaba WeChat Tencent

China's top antitrust regulator says it has seen “effective results” that Alibaba has ceased the monopolistic practices that prompted an investigation in 2020 (www.bloomberg.com)
2024-8-30 China Alibaba

Sources: Tencent and NetEase reconsider or scale back Japanese game studio investments, after the strategy yielded few hit games and the Chinese market revived (www.bloomberg.com)
2024-8-30 China Japan Tencent

Alibaba releases Qwen2-VL, a new AI model that it says can analyze videos longer than 20 minutes to summarize and answer questions about the videos' content (venturebeat.com)
2024-8-30 Alibaba AI

Chinese tech giants splurge on AI infrastructure, doubling their capex in 2024; Alibaba, Tencent, and Baidu had a combined ~$7B capex in H1 2024, up 117%+ YoY (www.ft.com)
2024-8-29 China Alibaba AI Tencent

Chinese-made, Tencent-backed game Black Myth: Wukong sold 10M copies in just 83 hours, one of the fastest game debuts in history, earning an estimated $450M+ (www.bloomberg.com)
2024-8-26 China Tencent

Chinese tech giants splurge on AI infrastructure, doubling their 2024 capex; Alibaba, Tencent, and Baidu had a combined capex of ~$7B in H1 2024, up 50%+ YoY (t.co)
2024-8-26 China Alibaba AI Tencent

Shareholders approve upgrading Alibaba's Hong Kong listing, which expects to attract billions of dollars in Chinese investment, to primary status on August 28 (www.bloomberg.com)
2024-8-23 China Hong Kong Alibaba

Since 2023, Chinese investors, including Alibaba and Tencent, have valued 6+ China-based startups developing LLMs, dubbed “Little AI Dragons”, at $1B+ each (www.wsj.com)
2024-8-21 China Alibaba Startup AI Tencent

Xiaomi reports Q2 revenue up 32% YoY to ~$12.5B, above ~$12.2B est., and a ~$715M net income, above ~$533M est., as its core smartphone business recovers (www.bloomberg.com)
2024-8-21 Xiaomi

Qualcomm details its mid-range Snapdragon 7s Gen 3 SoC, based on TSMC's N4P, with up to 40% better GPU performance than the 7s Gen 2, shipping via Xiaomi first (www.anandtech.com)
2024-8-20 Xiaomi

Black Myth: Wukong, a Chinese-made, Tencent-backed game, became Steam's fourth most popular title ever within hours of its launch with 1.4M+ concurrent players (www.bloomberg.com)
2024-8-20 China Tencent

Alibaba reports Q1 revenue up 4% YoY to ~$34B, below ~$34.9B est., and net income down 27% YoY to ~$3.4B, after aggressive promotions failed to drive spending (www.bloomberg.com)
2024-8-15 Alibaba

Lenovo reports Q1 revenue up 20% YoY to $15.4B, vs. $14.1B est., a third consecutive quarter of revenue growth, a $243M net income, as the PC market recovers (www.reuters.com)
2024-8-15 Lenovo

Tencent says it is exploring with Apple ways to offer in-app transactions via iOS' payment system, the first acknowledgment of talks with Apple (www.bloomberg.com)
2024-8-15 IOS Apple Tencent

Tencent reports Q2 revenue up 8% YoY to ~$22.5B, meeting est., and a $6.6B net income, above $5.6B est., after releasing blockbuster Dungeon & Fighter Mobile (www.bloomberg.com)
2024-8-14 Mobile Tencent

Sources: Chinese generative AI startup Moonshot raised $300M+ at a $3.3B valuation from Tencent, Alibaba, and others, after raising $1B in February 2024 (www.bloomberg.com)
2024-8-5 China Alibaba Startup AI Tencent

Sources: Apple in recent months has demanded Tencent and ByteDance close loopholes used by their in-app creators to funnel users to external payment systems (www.bloomberg.com)
2024-8-2 Apple Tencent

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