Sources: many new Chinese AI data centers sit unused due to weak demand and DeepSeek-driven shifts; local reports: up to 80% of new computing resources are idle
A year or so ago, Xiao Li was seeing floods of Nvidia chip deals on WeChat. A real estate contractor turned data center project manager …
Nintendo Switch, distributed in China by Tencent, has sold an estimated 1.3M+ units in 2020, almost 2x the combined 2020 sales of PS4 and Xbox One in China
Bloomberg : Tweets: @gibbogame , @cvxfreak , @arjunkharpal , and @stealth40k Tweets: David Gibson / @gibbogame : China 1.3m estimated by Niko versus 2.5m for Asia total in 9 months in 2020. Social ap...
Reliance Jio is laying a strong foundation to become a “Super Operator”, applying a WeChat-like “super-app” approach to its mobile telecom network in India
In the world's second largest mobile market, Reliance Jio, India's leading Communication Service Provider …
Ant Financial's Alipay digital wallet is now accepted at 3,000 Walgreens drugstores in the US, expects to cover 7,000 stores by April
- Chinese payments firms like Alipay and WeChat Pay are eyeing international expansion to capture a share of the lucrative growth in Chinese outbound tourism
Chinese social network Bullet Message hits 5M users after Aug. 20 debut, ranks above WeChat in Apple Store downloads but is no threat to WeChat with 1B+ users
Bloomberg :
WeChat's 500+ “mini games” together have amassed 457M users, according to QuestMobile report, almost half of the app's 1.04B user base
Rita Liao / Tech in Asia : Tweets: @mbrennanchina and @serkantoto Tweets: Matthew Brennan / @mbrennanchina : “#WeChat mini games have now amassed nearly 1/2 billion users” (and more importantly are i...
WeChat's 500+ “mini games” together have amassed 457M users, according to QuestMobile report, almost half of the app's 1.04B user base
I saw my mother sitting in the dark one night, her face illuminated by her smartphone's screen. She kept tapping on the device … Tweets: @serkantoto and @mbrennanchina Tweets: Dr. Serkan Toto / @serk...
Apple accepts WeChat Pay in China's App Store, Apple Music after accepting Alipay; Apple Pay hovers at 1% share; paid subs to Music, iCloud up 12% last 90 days
Pan Yue / China Money Network :
Profile of Tencent and its President Martin Lau as it plans to expand outside China, where it dominates user attention on smartphones by offering many services
Bloomberg : Tweets: @wohlfarthmiriam , @davidramli , @luluyilun , and @saulsinger Tweets: Miriam Wohlfarth / @wohlfarthmiriam : Amazing #Tencent story -# WeChat now has 937.8 million active users-nex...
Profile of Tencent and its President Martin Lau as it plans to expand outside China, where it dominates user attention on smartphones by offering many services
The WeChat app has almost a billion users, and many of them use it all day. So why isn't the company everywhere by now?