Baidu to launch self-driving car this year

Chinese web giant Baidu is planning to launch its first driverless car in the second half of 2015, rivalling the likes of Google and various car makers. The firm had previously said it was working on such a car but did not say when it would be available. The news,...

Xiaomi now world’s second-biggest wearables maker

Xiaomi, often called ‘China’s Apple’, is now the second biggest wearables maker in the world, according to new research. iCharts Research from IDC indicates that FitBit led the market with 34.2 per cent share of shipment, followed by Xiaomi at 24.6 per cent and Garmin...

Baidu disqualified from AI test

Chinese search giant Baidu has been disqualified from an artificial intelligence test in which it appeared to beat Google and Microsoft. The researchers from Baidu were barred after organizers discovered that the Baidu scientists broke the contest’s rules. The test,...

Mary Meeker’s digital trends: India tops China for mobile growth

Asia makes up 51% of the webs users, with Europe and US claiming 19 and 10% respectively, according to this year’s global internet trends report from Mary Meeker. 2015 Internet Trends Report from Kleiner Perkins Caufield & Byers Mary Meeker’s ‘Internet...

Netflix looks to expand to China

Netflix is looking to enter the lucrative China market, partnering with a local media company, according to a news report. Bloomberg cites ‘people familiar with the matter’ that the video sreaming firm ss in talks with companies including the Jack Ma-backed Wasu Media...

Tencent overtakes Amazon in market value

Tencent has reached $200 billion market capitalisation in Hong Kong-based trading last night, meaning that the Chinese social networking firm has overtaken Amazon in size. The company has a presence in every aspect of the Chinese web market, from its popular messaging...

Baidu self-driving cars on streets by year end

Baidu announced the long awaited self-driving car would be out within the year, as the Chinese search giant looks to stake its claim on the upcoming smart car sector. The firm said it has been working on this project for a while with no clear end in sight. The company...

Alibaba invests $200m in SnapChat

Chinese e-commerce giant Alibaba Group is investing $200m in SnapChat, valuing the photo-messaging app at a whopping $15bn. The companies did not publicly comment on the deal. But a person familiar with the matter confirmed the investment on Thursday, Bloomberg...

Opening up new growth drivers for brands and retailers in fashion, home and garden, kids, accessories and many more categories, Neteven’s customers can now sell their products to the Chinese market to drive incremental revenues. To master the requirements

Online marketplaces management solution Neteven has announced a deal with Alibaba Group’s Tmall Global, to help European retailers enter China. Opening up new growth drivers for brands and retailers in fashion, home and garden, kids, accessories and many more...