With the U.S. retail industry in a state of flux, American retailers and e-commerce companies should take a look at China, where companies have been weaving together the online and offline worlds.
Articles
China Circuit
Highflying Tech Entrepreneur Crashes Back to Earth
Jia Yueting likes to say that Apple is outdated, China’s big tech companies are innovation killers and his company is the real disrupter. But now, his dreams are fading away due to a cash crunch and worried investors.
Alibaba and Tencent’s market values are higher than those of the state-owned enterprises that dominate the Chinese economy. That gives them strength, but also makes them vulnerable.
While censorship, protectionism and copying are often the first things that many foreigners associate with Chinese tech, thinking beyond them is vital to understanding the Chinese internet.
To imagine the power of Tencent, think of it as having networking and social media reach well beyond Facebook, a video platform like YouTube plus a movie and series producer akin to a Netflix.
China Circuit
A Tech Warrior’s Final Battle With Google
For much of the past two decades, Qi Lu, a search-technology whiz, waged losing battles against Google, first at Yahoo then at Microsoft’s Bing. Now, he says he can shape China’s Baidu into a worthy competitor in artificial intelligence.
Apple’s challenges have multiplied in the all-important China market over the past year or so and its effort to wring more revenue from iPhone users may be setting the company up for more trouble.
Facebook’s recent difficulties with violent videos posted to the social network are giving it a taste of what it would be like to operate in China.
The CFO of Chinese search engine Baidu, Jennifer Li, is stepping aside for a new job at the company, the latest in a series of high-level personnel changes as Baidu seeks to catch up with rivals Alibaba and Tencent.
After a frenzied 2015, funding for startups in China was expected to enter what industry insiders called “deep winter”—but the venture-capital industry is instead suffering a different headache: too much money, too few prospects.
China Circuit
Investor Wants ‘China’s Steve Jobs’ to Step Aside
Jia Yueting has led LeEco Holdings on an aggressive campaign of expansion, but now one of his biggest backers wants him to go.
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