Tag: Tencent

Major Chinese O2O Websites Merge in $20 Billion Deal

Shuang Shan Meituan.com and Dianping Holdings Ltd, two of China’s largest online local service platforms, have agreed to set up a new company—creating the largest Online to Offline (O2O) business in China. The merger, one of the largest deals ever...

/ October 9, 2015

Competing on the Edge: Chinese Conglomerates and Changes in Business Strategy

In the following excerpt from Edward Tse’s book China’s Disruptors: How Alibaba, Xiaomi, Tencent, and Other Companies Are Changing the Rules of Business, the founder and CEO of Gao Feng Advisory Company discusses current changes in the Chinese business environment:  Writing about...

/ July 21, 2015

Internet Finance in China: Will it Disrupt Traditional Banking?

By Ana Swanson Like many businesses the world over, investment in China has gone mobile. Just ask Yang Ren Jun, a 26-year-old translator and interpreter in Shanghai. Yang initially invested ¥3,000 ($483) in a new online investment service called Yu’e...

/ July 21, 2014

Tencent to Acquire 11 Percent Stake in Mapping Company NavInfo for $187 Million

Tencent Holdings Ltd., Asia’s largest internet company by market value, will purchase an 11.3 percent share of mapping company NavInfo Co. from China Siwei Surveying & Mapping Technology Corp. for $187 million, according to a filing with the Shenzhen Stock...

/ May 8, 2014