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What is Tencent?

Based in Shenzhen and founded in 1998, the Chinese company Tencent enjoys huge popularity – and profits – in China. Its cute penguin symbol is as familiar to Chinese children as the McDonalds “golden arches”…

WhatsApp went down for nearly an hour

WhatsApp went down for its 2 billion users earlier today, but service has now been restored. The issues started at around 4PM ET and prevented WhatsApp users from sending or receiving messages on the service…

Jack Ma’s fintech giant tops 1.3 billion users globally

The speculation that Alibaba’s fintech affiliate Ant Group will go public has been swirling around for years. New details came to light recently. Reuters reported last week that the fintech giant could float as soon…
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