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NetEase's stock has rallied 85% since an October 2022 low, edging out rivals Tencent and Bilibili on the Hang Seng Tech Index after a slew of recent game hits (www.bloomberg.com)
2023-7-5 Tencent

Sources: Meta held talks with Tencent and other Chinese tech companies on selling the Quest in China, but Mark Zuckerberg's China comments may cause issues (www.wsj.com)
2023-7-3 China Tencent Zuckerberg

Alibaba's Leadership Shake-Up: Major Changes Unveiled (readwrite.com)
2023-6-28 Alibaba

A profile of Alibaba co-founder Eddie Wu, set to become CEO in the fall, who has a close relationship with mentor Jack Ma and will manage the company's breakup (t.co)
2023-6-24 Jack Ma Alibaba

Asia Gaming Companies: China and Tencent Lead the Global Gaming Industry (www.asiafundmanagers.com)
2023-6-23 China Asia Tencent

A profile of Alibaba's next Chairman Joseph Tsai, a longterm Jack Ma ally who has become a prominent blockchain investor since co-founding the ecommerce company (www.bloomberg.com)
2023-6-21 Blockchain Jack Ma Alibaba

Alibaba shakes up its leadership, OpenAI lobbies EU regulators, and the late-stage market is a mess (techcrunch.com)
2023-6-21 Alibaba

Alibaba's shakeup, including adding company veteran Joe Tsai, highlights its conundrum over splitting into six units and pursuing profit or growth ahead of IPOs (www.bloomberg.com)
2023-6-20 IPO Alibaba

Alibaba CEO Daniel Zhang to pass the torch and focus on cloud (techcrunch.com)
2023-6-20 Alibaba

Alibaba unveils a surprise plan to replace CEO Daniel Zhang, naming ecommerce executive Eddie Yong as CEO and Executive Vice Chairman Joseph Tsai as Chairman (www.bloomberg.com)
2023-6-20 Alibaba

Alibaba and JD.com avoided discussing GMV figures, a key indicator of success, after the conclusion of this year's 618, China's second largest shopping festival (www.scmp.com)
2023-6-20 China Alibaba

Alibaba plans to launch its e-commerce site Tmall in Europe, starting with a pilot in Spain, a significant step in the company's international expansion (www.cnbc.com)
2023-6-16 Europe Alibaba Spain

As geopolitical tensions rise, foreign investors sell stock in Bilibili, Alibaba, Tencent, and other Chinese tech companies and pull back on startup funding (t.co)
2023-6-12 China Alibaba Startup Tencent

Alibaba pushes back on reports of layoffs, saying it plans to hire 15,000 workers in 2023 across its six major divisions, including 3,000 university graduates (www.bloomberg.com)
2023-5-26 Alibaba Layoffs

Sources: Alibaba Cloud plans to layoff 7% of its staff, or ~1,000 employees, as it prepares for a spinoff within 12 months and an eventual IPO (t.co)
2023-5-24 IPO Alibaba

Payments with the wave of a hand: Tencent launches palm scans for WeChat Pay in Beijing (www.scmp.com)
2023-5-22 WeChat Tencent

Indian data analytics company Course5 Intelligence raised $28M in funding led by 360 ONE Asset Management at a valuation of $250M-$275M (www.dealstreetasia.com)
2023-5-19 India Asset Intelligence Qihoo

Alibaba's cloud spin-off may serve as a good yardstick to value other major players (techcrunch.com)
2023-5-19 Alibaba

Alibaba to spin off its cloud, AI and business messenger unit (techcrunch.com)
2023-5-19 Alibaba AI

Alibaba reports Q4 revenue up 2% YoY to ~$30B, ~$3.2B net income, up from a ~$2.6B loss in Q4 2022, and plans to spin off its cloud unit and take others public (www.bloomberg.com)
2023-5-18 Alibaba 4Q

Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates (www.bloomberg.com)
2023-5-17 Tencent

Alibaba's autonomous driving lab to focus more on monetization (techcrunch.com)
2023-5-16 Alibaba

Tencent Cloud Announces Deepfakes-As-a-Service For $145 (slashdot.org)
2023-4-29 Tencent

Tencent QQ users hacked in mysterious malware attack, says ESET (www.bleepingcomputer.com)
2023-4-27 Tencent QQ

Alibaba Cloud plans to cut its core product costs by up to 50% from May 7; it has received 200K+ requests to join the beta trial of its Tongyi Qianwen AI model (www.bloomberg.com)
2023-4-26 Alibaba AI

Sources: Tencent is boosting investment in gaming studios abroad, primarily in Europe, to diversify away from China despite the improving regulatory conditions (t.co)
2023-4-26 China Europe Tencent

AI assistants come to Alibaba and a16z-backed Cider (techcrunch.com)
2023-4-26 Alibaba AI

Filings: SoftBank sold ~$7.2B of Alibaba shares in 2023, reducing its stake in the company to just 3.8%, after a record $29B selldown in 2022; BABA drops 5%+ (t.co)
2023-4-13 Alibaba

Filings: SoftBank has sold ~$7.2B worth of Alibaba shares in 2023, reducing its stake in the Chinese company to just 3.8%, after a record $29B selldown in 2022 (www.ft.com)
2023-4-13 China Alibaba

Alibaba unveils ambition for a copilot as China steps up scrutiny over generative AI (techcrunch.com)
2023-4-12 China Alibaba AI

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