Category Archives: internet
E-commerce giant Alibaba launched this week a special app for the older people at Taobao, its online shopping website. A logical step, says retail analyst Ben Cavender to Reuters. “It’s easier now than it was in the past to get some of these older users to actually open up their wallets and spend.”
News aggregator Jinri Toutiao agrees to distribute content from American media outlet BuzzFeed to a Chinese audience, the Sixth Tone reports. After failures to start media operations in China by Rupert Murdoch, Google, Yahoo, Facebook, Time Warner and Viacom – to mention a few – you can see business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order shaking his head in disbelieve, as he comments on the move.
Facebook’s bumpy relationship with China got another hit as the companies lead manager, Wang-Li Moser, in charge of government relations, decided last week to return to the US for “personal reasons”. Business analyst Ben Cavender explains why China does not really need Facebook, in the Wall Street Journal.
Tencent’s WeChat, one of China’s leading data companies, might be easier in sharing data with the government compared to its Western competitors, says WeChat expert Matthew Brennan. But when it comes to sharing data with marketeers, the company is way more restrictive, he tells in Harvard Political Review.
Tencent’s WeChat started early 2017 their mini programs, a solution away from full blown apps, or building a platform, to help brands on their service. WeChat expert Matthew Brennan explains at the JingDaily how why the mini programs took off successfully after a slow start.
China is using its growing state power to put pressure on other countries and companies, but it is not only the government, argues business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order. The government has become very sophisticated in using also the consumer wallets to put pressure on foreign brands and tourist destinations, he tells The Diplomat.
Apple removed many VPN’s from its Chinese app store, and CEO Tim Cook joined China’s internet propaganda show last week. Author Shaun Rein of The War for China’s Wallet: Profiting from the New World Order explains in ChinaFile why Tim Cook got an audience in Wuzhen, and Google’s Sundar Pichai not.
How to deal with Chinese investors? That question is asked more frequently by government agencies, startups, larger and smaller companies outside China, and even soccer clubs. Capital is flowing over from China to the rest of the world, partly through the massive One Belt, One Road (OBOR) investment program. But many Chinese companies, private and state-owned, also have their own investment agenda.
At the China Speakers Bureau, we offer a range of speakers who can help you to deal with that question. There might not be one answer, but as China’s economic standing in the world changes, looking for possible answers becomes more crucial for the world outside China.
In the dramatic battle between the two major Chinese IT giants, Alibaba and Tencent, Alibaba’s Jack Ma often grabs the attention, outspoken and in excellent English. Tencent’s CEO Tony Ma is a dark horse, but now Time dives into his background. For Rupert Hoogewerf, founder of the Hurun China Rich List, Tony Ma has been a factor of constant growth, he tells the magazine.