中国互联网

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

Beijing-based AI startup Baichuan raised about $687M at a $2.8B valuation from investors, including Beijing, Shanghai, and Shenzhen governments, and Alibaba (www.bloomberg.com)
2024-7-25 Alibaba Startup AI Shenzhen Shanghai

In an effort to compete with Shein and Temu, Alibaba's Taobao and Tmall offer qualified merchants, selling goods in the fashion category, free overseas shipping (www.scmp.com)
2024-7-24 Alibaba

Tencent-backed Shift Up closed up ~18% after raising $320M in its Seoul IPO, the largest South Korean IPO by a gaming company since Krafton raised $3.8B in 2021 (www.bloomberg.com)
2024-7-11 Korea IPO Tencent

Hugging Face unveils Open LLM leaderboard v2 that tests models across six benchmarks; Chinese models dominate the top 10 with Alibaba's Qwen taking the top spot (www.tomshardware.com)
2024-6-29 China Alibaba

Tencent's shares are up 28% so far in 2024 after the strong debut of Dungeon & Fighter Mobile, adding $91B in market value, more than any other Chinese company (www.bloomberg.com)
2024-6-28 China Mobile Tencent

As tech companies grapple with the limited availability of Nvidia chips globally, Chinese companies like Alibaba face a tougher situation due to US restrictions (www.theinformation.com)
2024-6-28 China Alibaba Nvidia

Citizen Lab: Microsoft censors its Bing translation service more extensively in China than its competitors like Baidu Translate and Tencent Machine Translation (restofworld.org)
2024-6-27 China Microsoft Tencent

Sensor Tower: Dungeon & Fighter Mobile generated $270M in Chinese iOS sales in the 30 days after its launch on May 21, marking Tencent's biggest release in 2024 (www.bloomberg.com)
2024-6-26 IOS China Mobile Tencent Sensor

A look at Tencent's removal of hit game Dungeon & Fighter from Android app stores in China, some of which have default sales split of 50% on games revenue (www.bloomberg.com)
2024-6-26 Android China Tencent

Alibaba creates an English language version of Modelscope, an Amazon Bedrock like service for building AI models launched in 2022, and claims to host 5K+ models (www.theregister.com)
2024-6-25 Amazon Alibaba AI

Data provider Syntun: total GMV during China's 618 online shopping event fell 7% YoY to $102B, in first-ever drop; Alibaba, JD, and PDD didn't release GMV data (t.co)
2024-6-22 China Alibaba

Tencent removes hit game Dungeon & Fighter from select Android app stores after its contracts expired; local media says the app stores include Huawei and Oppo (www.reuters.com)
2024-6-20 Android Tencent OPPO

Sources: Apple held talks with Baidu, Alibaba, Baichuan AI, and others to help offer Apple Intelligence in China as ChatGPT isn't available in the country (www.wsj.com)
2024-6-20 China Alibaba AI Apple Intelligence

Sources: Huawei, which is considering taking a cut of in-app purchases on HarmonyOS, nears a deal with Tencent to exclude WeChat from revenue sharing (www.bloomberg.com)
2024-6-19 WeChat Tencent

Ant Group spent a record ~$2.9B on research in 2023, as the Alibaba affiliate develops its BaiLing LLM; Ant and affiliate MYbank served 87M businesses by 2023 (www.bloomberg.com)
2024-6-13 Alibaba

Tencent-owned Supercell, the developer behind Clash of Clans, releases Squad Busters, its first title in over five years; Supercell had €1.7B in 2023 revenue (t.co)
2024-5-29 Tencent

Sensor Tower: Tencent's Dungeon & Fighter Mobile generated $140M+ in player spending in its first week in China, and 2.6M iOS users downloaded the game in China (www.bloomberg.com)
2024-5-29 IOS China Mobile Tencent Sensor

Analysis: Temu and Pinduoduo parent PDD, whose shares are up 109% over the past year, has a ~$208B market cap, compared with Alibaba's $196B and JD.com's $48B (www.cnbc.com)
2024-5-29 Alibaba

Sources: Alibaba raised $4.5B from a convertible bond sale in one of the largest such offerings in recent years, after rival JD.com's recent $1.75B offering (www.bloomberg.com)
2024-5-24 Alibaba

Alibaba slashes prices for its AI services by up to 97%, leading Baidu to offer free Ernie AI-based services; ByteDance priced its services cheaply last week (www.bloomberg.com)
2024-5-21 Alibaba AI

Alibaba reports Q4 revenue up 6.6% YoY to ~$30.7B, above $30.4B est., a ~$452M net income, down 86% YoY from ~$3.2B in Q4 2023, and announces a $4B dividend (www.bloomberg.com)
2024-5-14 Alibaba 4Q

Tencent reports Q1 revenue up 6% YoY to ~$22B, above ~$21.95B est., and net profit up 62% YoY to ~$5.8B, above ~$4.8B est., boosted by new WeChat monetization (www.bloomberg.com)
2024-5-14 WeChat Tencent

Sources: in recent months, China asked ByteDance, Tencent, Alibaba, Baidu, and others to cut back on Nvidia purchases in favor of chips made by local companies (www.theinformation.com)
2024-5-13 China Alibaba Tencent Nvidia

Alibaba leverages computing resources to become a leading AI investor in China; sources: cloud credits made up ~50% of Alibaba's $800M investment in Moonshot AI (t.co)
2024-5-12 China Alibaba AI

Meituan, Alibaba, Tencent, and other Chinese tech companies are working to expand in Saudi Arabia and the UAE, where they would face less political scrutiny (t.co)
2024-5-11 China Alibaba Arabia Tencent Saudi Arabia

Alibaba releases Qwen2.5, says its Qwen models are used by 90K+ companies; OpenCompass: Qwen2.5 beats GPT-4 in language, creation but not knowledge, reasoning (www.cnbc.com)
2024-5-10 Alibaba

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