Guan Cong
Stories by Guan Cong
WeChat steps up e-commerce push on short video platform
WeChat is offering incentives to attract more merchants to sell products through its short-video platform
TikTok twin Douyin taking on Alibaba and Meituan for e-commerce market share
Beijing-based ByteDance is pushing to capitalise on the video-sharing app's huge following.
Where to now for Alibaba in the post-Jack Ma era?
While Ma was known as a visionary, his successor at Alibaba, CEO Daniel Zhang, is seen as far more pragmatic.
Strict rules at home push Chinese metaverse entrepreneurs, investors overseas
Developing metaverse and web3 projects in China is difficult, with Beijing's tough stance on cryptocurrency.
Naspers may sell the Meituan shares it receives as dividend from Tencent
Tencent has been a large shareholder of Meituan since the food delivery platform’s early days.
China introduces tighter guidelines for celebrity endorsements
Celebrities cannot endorse tobacco products, off-campus tutoring, and formula food, among other things.
Chinese video game developers mull overseas play amid shrinking revenues
Tencent, NetEase expand boundaries, create more jobs abroad
ByteDance’s bid to commercialise TikTok faces tough sell abroad
Livestream shopping on TikTok, for instance, faces low consumer awareness in regions outside Asia.
Tencent lays off staff at NFT unit as Chinese regulators step up scrutiny
Huanhe has only been operating since August 2021.
Two Tencent VPs step down, to focus on company’s e-book, banking affiliates
The leadership shuffle comes as Tencent is cutting costs in the face of a regulatory crackdown.
