Hong Kong-traded Tencent, best known for its WeChat app, disclosed in a Tuesday filing that it's taken a 5 percent stake in Tesla.
Tesla said on Monday that Chinese tech giant Tencent has invested $1.78 billion in the electric carmaker for a 5 percent passive stake.
At least one analyst considers the departure a blow to Baidu's AI strategy.
BEIJING— Israel wants to boost cooperation with China in technology, Israeli Prime Minister Benjamin Netanyahu told China's premier Monday, as he led a large business delegation on a visit to Beijing to promote commercial ties with the Asian giant. Netanyahu said in opening remarks at a meeting with Chinese Premier Li Keqiang that Israel and China could...
Sir Martin Sorrell of WPP outlines what Chinese multinationals should do to become globally dominant in the long run.
A Shanghai-based directory for online shopping is considering an initial public offering on China's A-shares market, the SCMP reports.
Intel agreed to buy Mobileye in a deal that could thrust the U.S. chipmaker into competition with Nvidia and Qualcomm to develop driverless systems.
The CEO of Leju, a Chinese real estate services company, says long-term dynamics in China's property market will stay favorable.
Calls by members of China's legislature for more open access to the internet have increased this year, the SCMP reports.
China's tech titans are going global, and the US is their primary shopping place to diversify and build out their brands.
Robin Li called for Beijing to ease visa restrictions to attract overseas workers, the SMCP reports.
Want to rub elbows with the rich? Go to China.
Some of the names on the move ahead of the open.
Henry Guo of M Science talks about the Chinese internet company's latest results and positinong in the artificial intelligence space.
Baidu's Q4 results show that revenues per online marketing customer have accelerated, says Neil Campling of Northern Trust Capital Markets.
U.S. stock index futures pointed to a flat-to-higher open as traders digested remarks from new Treasury Secretary, Steve Mnuchin.
JPMorgan's head of internet and equity research in APAC says Alibaba, Tencent and Baidu to dominate fintech and VR but there's opportunity for start-ups.
Baidu Ventures said it invested in 8i which develops holographic technology for VR and AR.
Daisy Cai, partner at Baidu Ventures, talks about the company's latest investment in 8I, a hologram company.
Machine learning is infiltrating all aspects of financial services, from consumer banking and online lending to fraud protection.