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Tencent aims to exploit Weixin potentials beyond gaming

Tencent’s first-half net profit jumped 59 percent to 12.2 billion yuan (US$1.98 billion) from a year earlier, thanks to growing contribution from its popular instant messaging app Weixin (WeChat for t ...More

EJ Insight2014-08-14

China tightens rules on instant messaging tools

... aging app WeChat, said "the main aim of the rules is to resist the spread of harmful information like rumours... Tencent supports this aim."  "We urge everyone to respect the relevant laws," the firm ...More

EJ Insight2014-08-08

Emperor's old clothes gain digital pizazz

...  museum's WeChat account, the images have been shared more than 802,000 times on social media sites. The collection, titled Yongzheng Xingle Tu (Emperor Yongzheng at Play), shows the ruler adorned in ...More

EJ Insight2014-08-05

WeChat kills rising chat star in social media battle

... adays. On WeChat, for example, 1.5 million chat group members invited her to come aboard the social networking platform. Knowledgeable, sometimes mischievous and even coquettish, Xiaobing has become a ...More

EJ Insight2014-08-04

China Innovationpay refutes rumors of Tencent deal

... Tencent's WeChat Business Group as a subsidiary, the report said, adding that the former's listing status will be kept intact. China Innovationpay rejected the report, saying in a stock-exchange filin ...More

EJ Insight2014-08-01

Hong Kong has 4.4 mln Facebook users

... WhatsApp, WeChat and LINE, according to a survey of iPhone users by Onavo Insights. On Thursday, Facebook unveiled its new Hong Kong offices which will handle marketing and advertising sales for the G ...More

EJ Insight2014-07-25

Has Tencent lost the Weibo war to Sina?

... eir QQ or WeChat accounts. By 2012 Tencent Weibo had a user base of 540 million with 87 million daily active users, surpassing Sina Weibo's 503 million user base and 46.2 million active users. Tencent ...More

EJ Insight2014-07-24

Folk singer Song Zuying said to be under anti-graft probe

... ing their WeChat accounts. The singer is alleged to have used military funds in organizing personal concerts in 2002 in Sydney, in 2003 in Vienna and in the US in 2006. Lu Jihong, vice-director of the ...More

EJ Insight2014-07-15

How Tencent got 58.com in just 10 days

... plication WeChat -- and allow the target to continue to control its business. Yao Jinbo, founder and chairman of 58.com, explained why he quickly accepted Tencent's offer. Writing in his Sina Weibo, h ...More

EJ Insight2014-06-30

WeChat 'bug' raises privacy concerns

WeChat, Tencent Holdings’ (00700.HK) highly popular instant messaging application, is said to contain codes for mainland users that could put their privacy at risk, according to a mainland programmer. ...More

EJ Insight2014-06-27

It's time to buy China internet plays: Zhang Lei

...  platform WeChat in opening social media and internet businesses for the latter. -- Contact us at [email protected] VW/AC/RC ...More

EJ Insight2014-06-20

Guangdong says prostitution licked after four-month crackdown

... on QQ and WeChat accounts as well as mobile phone numbers used in prostitution. -- Contact us at [email protected] TL/AC/CG ...More

EJ Insight2014-06-13

State media blasts WeChat friends circle

State-run People's Daily took to instant messaging service Weixin Friday to denounce its "friends circle" for showboating and ruining relationships. It accused Weixin and its sibling WeChat of showing ...More

EJ Insight2014-06-06

Tencent wins 1.5 bln yuan site in Qianhai for Penguin Bank

...  finance, WeChat payments and micro loans. The company will increase its investment in the district to at least 10 billion yuan in the coming years, Ma was quoted as saying. -- Contact us at english@e ...More

EJ Insight2014-05-23

Online chat apps: Boon or bane?

...  users of WeChat, the popular instant messaging service from Tencent, are complaining about being subject to a torrent of deceptive ads and excessive information. On Monday, authorities in Chongqing b ...More

EJ Insight2014-05-08

Worker foiled in 'kidnapping' of ex-boss's 3yo daughter

... nd sent a WeChat message to the child's mother demanding she transfer HK$50,000 (US$6,430) to a specific bank account. The worker threatened that he "could do anything" if the money was not paid, the ...More

EJ Insight2014-05-07

Tencent online fund balloons to 80 bln yuan in 75 days

Licaitong, Tencent Holdings Ltd.'s (00700.HK) online financial product for WeChat users, has swollen to more than 80 billion yuan (US$12.85 billion) in net asset value in 75 days, the Hong Kong Econom ...More

EJ Insight2014-05-07

WeChat ad pokes fun at 'friendless' Zuckerberg, WSJ says

WeChat is having some fun at Facebook founder Mark Zuckerberg's expense with an ad promoting the Chinese social network in South Africa, the Wall Street Journal reported Thursday. The ad, posted on Yo ...More

EJ Insight2014-04-25

China Resources' Song saga has many undercurrents

... n China's WeChat and Twitter-like Weibo platforms. The case also puts Hong Kong's securities regulators and anti-graft watchdog in an embarrassing position as it shows that the authorities have been l ...More

EJ Insight2014-04-22

The big risk of a quick scan -- and what Alipay will do about it

... via their WeChat app before inputting passwords and confirming their purchase. The process is designed to be easy, swift and flawless, albeit with the potential danger of malicious QR codes and Trojan ...More

EJ Insight2014-04-16

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