Baidu, Alibaba, Tencent exploring China’s mobile medical industry #cloud #cloudcomputing #china #medical

ChinaChinese tech giants Baidu, Alibaba and Tencent are likely to become major players in the mobile medical industry in China given their tremendous capital and well-developed platforms, reports our Chinese-language sister newspaper Want Daily. Tencent invested US$70 million in China’s largest medical and health website Dingxiangyuan in September last year, followed by an investment of US$100 million in the leading website used for making hospital appointments in China, Guahaowang, in October last year.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150424000134

 

Tencent, Alibaba in race to snap up smart city deals with local gov’ts

China.gifAfter vying against each other in mobile payment, online retail, and taxi-hailing, Chinese internet giants Tencent and Alibaba have taken their battle to a new field–government smart city initiatives. Several announcements from both Tencent and Alibaba over the past month suggest the two firms are deepening their involvement in local government’s initiatives to improve administrative efficiency and transparency.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150418000044

Tencent to improve facial recognition for banking services

China.gifChinese internet giant Tencent has reported progress garnering government support for facial recognition technology to be used for banking services. Tenpay, a Tencent subsidiary for payments, announced a cooperative partnership with the National Citizen Identity Information Center under China’s Ministry of Public Security on Monday.  The arrangement will allow Tencent to work with police to improve the accuracy of facial recognition technology so customers won’t need to visit a bank for verification purposes, the firm said.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150416000157

Tencent’s market value hits US$200bn for first time

ChinaChinese internet giant Tencent Holdings hit a market cap of more than US$200 billion for the first time on Monday, making it the second most valuable Chinese internet company after Alibaba. The country’s biggest social networking and online entertainment firm edged up 5.38% to HK$170.5 in trading in Hong Kong on Monday, giving it a market value of US$206 billion.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150415000143

Tencent to partner with Shanghai government to establish smart IoT city, says report

ChinaThe government of Shanghai, China and China-based Internet service player Tencent have signed a collaboration agreement to jointly push Shanghai’s Internet of things (IoT) infrastructure and enhance the city’s smart services. The two firms are looking to help the city to feature a friendly environment for entrepreneurship, according to a Chinese-language Tencent report.

http://www.digitimes.com/news/a20150413PD214.html

China data center server standard project 3.0 to announce at year-end 2015

China.gifThe third version of China’s data center server technology standard project led by China-based Baidu, Alibaba and Tencent are set to be announced at the end of 2015 and the project will cover more standards and adopt a modularized design to help reduce China data centers’ server purchasing costs, according to sources from the upstream supply chain.  China launched the first version of the project in 2012 and the second in 2014 and the project is rather similar to the Open Compute Project (OCP) that Facebook has been aggressively promoting.

http://www.digitimes.com/news/a20150414PD204.html

China’s tech titans are no longer startup steamrollers

China.gif“In the US, students think, ‘If I build something good, Google will buy me.’ In China they think, ‘If I build something good, Tencent will copy me.’” That was the grimassessment of Stephen Bell, a Shanghai-based partner at Trinity Ventures, back in 2011. A year earlier, a Chinese tech magazine was much more blunt. “Fucking Tencent,”blasted the cover of China Computerworld on its July 26, 2010, issue (pictured below). It depicted Tencent’s penguin mascot stabbed with three knives and bleeding profusely.

https://www.techinasia.com/china-tech-titans-startups-partnerships/

China to punish Tencent, Youku Tudou, other video sites for pornography

China.gifBEIJING: China will punish Internet companies including Tencent Holdings Ltd , Youku Tudou Inc and Baidu Inc’s iQiyi for hosting videos suspected of containing violence and pornography, which it said causes juvenile delinquency. The offending material is primarily Japanese animation on the video streaming websites of Tencent, Youku Tudou, iQiyi, Sohu.com Inc and Leshi Internet Information & Technology Corp Beijing (LeTV) , the Ministry of Culture said on its website on Tuesday.

http://www.channelnewsasia.com/news/technology/china-to-punish-tencent/1759202.html

Tencent Announces Structural Adjustment Aimed At Animation And Film

ChinaTencent Interactive Entertainment Group will establish a new animation business unit and a film and copyright business unit to enable the independent operations of those businesses. The new animation business unit will be responsible for development and operation of animation-related content, including planning, development and operation of animation products; creating and operation of animation content; front-end and back-end development and design of animation products, copyright expansion; and commercial operation.

http://www.chinatechnews.com/2015/03/29/21525-tencent-announces-structural-adjustment-aimed-at-animation-and-film

India’s Premji and China’s Tencent back Cyanogen’s $80M funding

ChinaCyanogen, the US-based maker of an alternative Android-based mobile operating system called Cyanogen OS, announced today it completed a US$80 million series C round of funding. India’s Premji Invest led the round, followed by Twitter Ventures, Qualcomm, Telefonica Ventures, Smartfren Telecom, Index Ventures, Access Industries, Rupert Murdoch, Vivi Nevo and other undisclosed investors. Previous investors Benchmark, Andreesen Horowitz, Redpoint Ventures, and Tencent Holdings also participated, according to an announcement on the company’s website.

https://www.techinasia.com/indias-premji-chinas-tencent-cyanogens-80m-funding/

Foxconn teams up with Tencent, China Harmony Auto to tap into smart electric vehicle market

ChinaFoxconn Electronics has signed a strategic agreement with China-based Internet service provider Tencent Holdings and luxury auto dealer China Harmony Auto Holding for tapping the Internet-connected smart electric vehicle market. However, the companies did not reveal much detail of the cooperation project. The coalition efforts will draw on Foxconn’s manufacturing expertise, Tencent’s Internet platform and China Harmony Auto’s dealership networks, according to industry sources.

http://www.digitimes.com/news/a20150324PD201.html

Tencent had a good 2014, pulled in $12.9 billion in revenues

ChinaTencent, China’s gaming and social media giant, just published its Q4 2014 earnings report. Aside from 500 million monthly active users on WeChat, there’s a lot of data to take in.Here are the highlights for 2014 as a whole:

  • Tencent’s 2014 revenues hit RMB 78.9 billion (US$12.9 billion), up 31 percent from 2013’s total.
  • Profits reached RMB 23.9 billion (US$3.9 billion), up 53 percent year-on-year.
  • Net margin increased to 30 percent from 26 percent in 2013.

https://www.techinasia.com/tencent-13-billion-in-revenues-2014/

The 10 commandments of Wechat: new rules for what you can and can’t post

China.gifWeChat, the most popular messaging app and social network in China with 468 million monthly active users, yesterday set in stone 10 rules for users posting to the app’s news feed, called Moments in English (h/t to 36kr for spotting). An article from the WeChat Security Center says the service will “resolutely crack down on all kinds of illegal content and behavior.

https://www.techinasia.com/10-commandments-wechat-rules-post/

In an unexpected move, Tencent opens e-store on Alibaba’s Tmall

China.gifIf you can’t beat ‘em, join ‘em? That might be the case for Tencent when it comes to ecommerce. Despite a long-standing rivalry with Alibaba, the company has set up shop on Tmall, Alibaba’s online department store. As Techweb reports, the store contains a selection of Tencent or QQ-branded hardware, including a glucometer, a wifi dongle, a robot that can “chat” and play music, a bluetooth speaker set for kids, and a pairable projector and remote-control pen.

https://www.techinasia.com/tencent-opens-estore-alibabas-tmall/

Chinese Internet Giants Eyeing Silicon Valley Data Centers

ChinaEarlier this week, Alibaba subsidiary Aliyun announced it was opening a data center in Santa Clara, California, as the first step in expanding the giant’s reach into the U.S. cloud services market. Alibaba isn’t the only Chinese internet company looking to gain data center foothold in Silicon Valley. Other heavyweights, including Tencent and Baidu, have been shopping for data center space in the Valley in recent months, Jeff West, director of data center research at the commercial real estate firm Cushman & Wakefield, said.

http://www.datacenterknowledge.com/archives/2015/03/05/chinese-internet-giants-eyeing-silicon-valley-data-centers/

China’s WeChat sends a message to Line and Kakao in their home turf

China.gifSINGAPORE: Mobile messaging apps Line and Kakao Talk are busy trying to conquer overseas markets such as Southeast Asia and India. But they may do well to keep a close eye on their home turf of Japan and South Korea as China’s WeChat amasses more users. Among six messaging apps, WeChat saw the biggest upptick in usage in Japan and South Korea last month versus a year earlier, boosted by its gaming, e-commerce and multimedia capabilities, according to data on Android smartphones tracked by Mobidia.

http://www.thestar.com.my/Tech/Tech-News/2015/02/19/Chinas-WeChat-sends-a-message-to-Line-and-Kakao-in-their-home-turf/

In taxi app merger, a surprising alliance between Alibaba and Tencent

China.gifIn a shock move, China’s two biggest taxi-hailing apps, Kuaidi Dache and Didi Dache, earlier today announced their merger. It’s surprising not only because the new company will have an almost total monopoly on the market, but also because it’s a very rare instance of a partnership between Alibaba and Tencent, two of China’s three biggest web giants.

https://www.techinasia.com/taxi-app-merger-surprising-alliance-alibaba-tencent/

War declared? WeChat is shutting out Alibaba’s apps

ChinaAs China’s massive Spring Festival holiday approaches, the folks at Tencent WeChat have been busy pressing the delete key on links between their app and a number of Alibaba services. First, Sina Tech reported that WeChat had shut down a sharing like with Alibaba’s Alipay that allowed Alipay users to send digital Spring Festival red envelopes of money to WeChat friends. Now, it appears WeChat has also shut down sharing connections with Alibaba music apps Xiami and Tiantian Dongting, meaning users can no longer share content from those apps directly with their WeChat friends.

https://www.techinasia.com/war-declared-wechat-shutting-alibabas-thirdparty-apps/

Desktop version of WeChat comes to Windows PC nearly one year after Mac

ChinaWeChat, the mobile messaging juggernaut from China, unleashed the Windows PC version of its app (h/t QQ Tech). This comes nearly a year after the Mac client was released last February. Just like the Mac version, WeChat for Windows is fairly barebones. You won’t find the treasure trove of features and functions available on the mobile version, just basic messaging and file transfers.

https://www.techinasia.com/desktop-version-wechat-windows-pc-year-mac/

Chinese food delivery startup Ele.me gobbles up $350M funding from Tencent, other backers

ChinaThe funding round was confirmed today to be worth US$350 million, with the investment contributed by CITIC, Tencent, JD, Dianping, and Sequoia China. Tencent binds a lot of this together as it owns a 15 percent stake in JD and a 20 percent stake in the Yelp-like Dianping. This move could result in Ele.me’s food ordering service being integrated into Dianping and/or Tencent’s WeChat messaging app. The headline has been amended with the new information. The original article from January 13 is unchanged below.)

https://www.techinasia.com/chinese-food-delivery-startup-eleme-raises-massive-funding/