ZTE debuts flagship smartphone in China, US

ZTE unveiled its latest flagship device, Axon, in its home market, following an earlier US unveiling, accompanied by a new wearable. Adam Zeng, CEO of ZTE Mobile Device, said: “Following its US debut last week, we are excited to bring …

The post ZTE debuts flagship smartphone in China, US appeared first on Mobile World Live.

Former Tencent executives detained in bribery probe

Chinese authorities have detained six former employees of Tencent as part of a bribery investigation, the Chinese internet giant said on its Weibo microblog site. Patrick Liu Chunning, executive director of Alibaba Pictures, has been detained by authorities as part …

The post Former Tencent executives detained in bribery probe appeared first on Mobile World Live.

Tencent completes Glu investment

Glu Mobile said Chinese internet giant Tencent has completed the second phase of its “strategic investment” in the company, following a partnership announced in April 2015. Tencent now owns around 15 per cent of the smartphone and tablet games company. …

The post Tencent completes Glu investment appeared first on Mobile World Live.

Tencent launches OS for smart devices

China’s internet giant Tencent, which runs the popular WeChat mobile messaging app, has moved into the smart device space, with the launch of what it calls an “open” operating system for internet-connected gadgets. The Shenzhen-based company said its Tencent OS …

The post Tencent launches OS for smart devices appeared first on Mobile World Live.

China’s mobile payment GMV quadruples

China’s third-party mobile payment gross merchandising volume (GMV) expanded almost fourfold (391 per cent) last year to CNY5.99 trillion ($970 billion). After two years of explosive growth (700 per cent in 2013), Beijing-based iResearch predicts growth will start to slow …

The post China’s mobile payment GMV quadruples appeared first on Mobile World Live.

Ford in talks to add WeChat to its cars in China

Ford reportedly has held discussions with China’s Tencent over customising its popular WeChat app for the automaker’s cars in the world’s largest market. WeChat, known as Weixin in China, is the most popular chatting app in China, with more than …

The post Ford in talks to add WeChat to its cars in China appeared first on Mobile World Live.

China’s top two taxi-booking apps to merge

Alibaba and Tencent have agreed to merge their taxi-booking apps to create one of the world’s largest transport-hailing services valued at an estimated $6 billion. Alibaba’s Kuaidi Dache (‘speedy taxi’) and Tencent’s Didi Dache have been cutting prices to gain …

The post China’s top two taxi-booking apps to merge appeared first on Mobile World Live.

Tencent-led group launches China’s first online private bank

WeBank, a consortium led by internet group Tencent, has launched a trial for an online-only bank — a model that will likely be mostly a mobile experience. The new bank will have no physical branches and will offer loans of …

The post Tencent-led group launches China’s first online private bank appeared first on Mobile World Live.

China Watch: MVNOs face uphill battle, Tencent launches online bank & more

Mobile World Live’s Asia editor Joseph Waring provides a weekly update on developments in the world’s largest mobile market: MVNOs face uphill battle China’s 41 MVNOs, which have been in operation for less than a year, have signed up fewer …

The post China Watch: MVNOs face uphill battle, Tencent launches online bank & more appeared first on Mobile World Live.