Tag: Tencent

  • Tencent-backed Missfresh raises $495 million

    Tencent-backed Missfresh raises $495 million · TechNode: Tencent-backed grocery delivery startup Missfresh has raised $495 million in funding, billing the round as the largest single fundraising in China’s grocery delivery industry, Chinese media reported. Instead of ordering waimai(takeout food) that is generally considered unhealthy, the trend is to order groceries before they get off work…

  • How big is China’s tech industry?

    Tech in Asia shared an infographic showing the scale of China’s tech industry.. This infographic will help you to visualise how staggering the tech industry is in China. A lot of friends often ask me but are unable to wrap their heads around the scale that China operates in. This might help.

  • Google launches its first WeChat mini program as its China experiments continue

    TechCrunch reported on Google launching its first WeChat mini program as its China experiments continue. WeChat has become the key distribution channel in China and that’s why Google is embracing it with its first mini program — 猜画小歌, a game that roughly translates to ‘Guess My Sketch.’ There’s no English announcement but the details can…

  • WeChat impresses with social impact

    TechNode reported on WeChat’s impressive social impact. WeChat-driven information consumption reached RMB 209. 7 billion WeChat accounted for 34% of the total data traffic of users WeChat drove RMB 333.9 billion traditional consumption, covering travel, food, shopping, tourism, etc. WeChat contributed the employment of 20.3 million persons in 2017, more than twice the 2014 figure The number of stores accepting WeChat…

  • WeChat allows users to set up online investment fund via TenPay

    Tech in Asia reports on Tencent allowing WeChat users set up an investment fund through TenPay using their smartphones. Tencent joins Baidu and Alibaba in offering a personal finance product. Baidu does not have any widely popular products or services that require user registration; it’s mostly still used as a search engine. Alibaba’s Taobao and…

  • WeChat partners with StickerMe to let users create personalised stickers

    WeChat has announced a partnership to allow users to share personalised sticker from Japan-based MotionPortrait’s sticker-making app StickerMe. StickerMe users are able to custom stickers from a selfie. Through this partnership, WeChat users can share their personalised stickers from the StickerMe app directly to their WeChat conversations and Moments. As part of the launch of…

  • Tencent’s 1 billion users and it just got started on the international market

    Steve Tappin writes on his LinkedIn blog about Tencent’s charge to overtake Facebook. Tencent has 818 million active users on its chat client QQ and 236 million active users on its messaging app WeChat. The surge in popularity of WeChat is not surprising. It has many features and it encourages social connection. WeChat has neatly…

  • WeChat’s first 5 games hit 570 million downloads in 3 months

    The Next Web reports that the first 5 games for Tencent’s WeChat messaging app has 570 million downloads since August. Compare it with LINE to better understand what a feat this is. LINE boasts of more than 30 games but only managed to cross the 200 million game download mark in September. Earlier, Chinese phone…