Category Archives: Business

Internet Plus Strategy in Private and Public Sectors

It’s been about half a year since the idea of Internet Plus Strategy was raised by Chinese Premier Li Keqiang. The strategy is an action plan to integrate the mobile Internet, cloud computing, big data and the Internet of Things with modern manufacturing. It...


BAT Move Into Content Creation

It’s not an official animal in the Chinese zodiac, but 2014 was very much the year of the BAT — Baidu, Alibaba and Tencent, that is. And 2015 will probably be another year of the BAT in Hollywood, too, as the tech giants, which...


WeChat Users Fake Followers, Clicks for Profit

Popular WeChat accounts rapidly shed followers and reads when Tencent implemented a temporary change to the server on September 29. Ordinarily, a change to a system communication port should have no impact on the popularity of a WeChat article. But many top bloggers were...


Where Will Virtual Reality Go?

The idea of virtual reality isn’t new to China: the topic has been a staple of high school English textbooks since the beginning of the century. But few students reading about virtual reality a decade ago would have imagined it has already arrived. During...


Free Online Storage Providers Announcing Shutdown

The days of free bulk file storage in China are on the way out as of June 30, according to a report by Netease. Among the companies shutting down their free services are major IT players Sina, Huawei and Tencent. Although the operators said...


Where Papi Goes, China’s Celebrity Economy May Follow

It only took 3 seconds for the auction to shoot from 217,000 yuan to more than 10 million yuan. By the time the sale closed at 22 million yuan, new media producer Papi set China’s record for the single most expensive video advertisement. The...


Teachers Eye Online Cram Schools for Salary Bump

Physics cram school tutor Wang Yu has been the focus on online debate over his shockingly high earnings: 18,842 yuan per hour. Wang works part time on Yuanfudao, an online education app. The high school physics class he teaches costs 9 yuan per lecture....


Hostess Webcams a Gray Area for Online Porn

Baidu’s Douyu TV is marketed as a game live streaming site akin to Twitch.tv. But unlike Twitch, the site has a surprising number of videos that have little to do with video games. A number of Douyu channels are operated by young camgirls—online hostesses,...


Jumei’s Buyback Discourages Investors from Chinese Companies

This March is may be the most difficult month yet for beauty product retailer Jumei. With its recent online promotion drawing to a close, CEO Chen Ou has drawn the fury of investors with the company’s sudden decision to return to being privately held....


Apple Pay Aims to Dethrone Alipay

Apple Pay became available to Chinese Apple users on February 28. Within 12 hours of its release, approximately 380 million credit cards were added to Wallet, Apple’s payment app, accounting for a third of Apple Pay supported devices in China. Samsung, a strong opponent...