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A portion of users upgrading to v5.3 of Tencent's (0700.HK) WeChat mobile messaging app in Beijing and Shanghai have reported the appearance of a "shopping" portal in the app's "discover" channel, listed directly alongside the app's existing "moments" and "games" portals. Read More
Chinese internet and mobile services firm Tencent (0700.HK) has officially announced a new round of internal restructuring, establishing a WeChat Business Group responsible for the company's WeChat (Weixin) mobile messaging application and WeChat open platform, as well as Tencent's "WeChat Pay" third-party payment service, WeChat's "Wei Shenghuo" O2O m-commerce platform, and other WeChat-related services. Read More
Chinese internet and mobile services firm Tencent's (0700.HK) consumer electronics B2C e-commerce site 51Buy has revealed details of how the company's recent merger with Beijing-based B2C e-commerce platform JD.com (Jingdong) will affect 51Buy employees, stating that "nobody will be let go," and confirming that all 51Buy employees transferring to Jingdong will be paid a continuation bonus equivalent to 5 times their monthly salaries. Read More
Chinese internet company Tencent (0700.HK) announced today that the company will open WeChat Pay ("Weixin Zhifu") mobile payment API access to verified service account operators on the public accounts platform of the company's WeChat mobile messaging app. Read More
According to an industry insider, Chinese internet and mobile services firm Tencent (0700.HK) will soon announce a partnership to take a stake in Beijing-based B2C e-commerce platform Jingdong. Read More
Chinese internet firm Tencent's (0700.HK) e-commerce subsidiary Tencent E-Commerce Holdings has revealed that gross merchandise volume (GMV) on the company's B2C e-commerce site 51Buy reached RMB 15.8 bln in 2013, an increase of 132% YoY. Read More
Following the release of the "Weixin Wo" SIM card by Chinese internet firm Tencent (0700.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH) in Guangdong in August 2013, which offered Guangzhou Unicom subscribers discounted mobile data for exclusive use on Tencent's WeChat (Weixin) mobile instant messaging app, the two companies have launched Weixin Wo SIM cards in Jiangsu, Zhejiang, and Shaanxi provinces. Read More
Chinese internet company Baidu (Nasdaq: BIDU) has launched a beta version of its shopping recommendation site "Mai Shenme" on the company's Baidu Knows (Baidu Zhidao) encyclopedia platform. Read More
Sales of the "Weixin Wo" WeChat-customized SIM card, jointly released on August 8 by China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) Guangdong subsidiary and Tencent's (0700.HK) WeChat (Weixin) mobile messaging application, have reached nearly 1 mln, according to the two companies. Read More
Chinese internet and mobile services firm Tencent's (0700.HK) consumer electronics B2C e-commerce site 51Buy has added a package tracking feature to its mobile client, allowing users to retrieve information regarding the exact location of their packages, as well as contact delivery people directly. Read More