Tencent launches investment service to rival Alibaba2014-01-17
Tencent's first mobile financial service, provided through its popular WeChat app, went online on Jan. 15. China's online banking sector is getting crowded quickly, reports the Beijing Business Today.

P2P lending facing bankruptcy due to high risks2013-12-09
Dozens of peer-to-peer lending platforms have gone bankrupt in China since October, with the amount of money involved reaching 1 billion yuan (US$164.5 million), according to estimates by Wangdaizhijia.

Baidu under fire for piracy charges2013-11-14
China's largest search engine, Baidu Inc, is being sued for providing illegal links to pirated broadcasts of online videos, according to a joint campaign against video piracy launched yesterday.

Baidu withdraws controversial 8% return vow2013-10-24
China's securities regulator will examine the legitimacy of Baidu's asset management product after the search engine operator guaranteed a high yield for such product earlier this week.

Alibaba said to scrap plan to file IPO in HK2013-10-12
Alibaba's new CEO Jonathan Lu said Thursday that the company has decided to abandon its plan for filing an initial public offering on the Hong Kong Stock Exchange (SEHK), marking the first time that a high-level executive from the company has commented on the matter publicly, according to a report published on tech.sina.com.

Alibaba may turn to US for IPO, media say2013-09-27
China's largest e-commerce company Alibaba is reportedly considering releasing an initial public offering in the United States after negotiations with the Hong Kong Stock Exchange (SEHK) reached a stalemate.

China Minsheng, Alibaba to cooperate in banking services2013-09-16
China Minsheng Banking Corp Ltd , the country's seventh-largest listed bank, said on Monday that it has signed a strategic tie-up with e-commerce giant Alibaba Group Holding Ltd to cooperate in banking services.

IQiyi unveils new Internet TV model2013-09-05
IQiyi, the online video unit of Baidu, China's largest search engine, has teamed up with electric appliance maker TCL and yesterday unveiled a new Internet TV model as it joins other online video sites to cover both hardware and software.

Baidu seeks to tap into hardware market2013-08-21
Baidu is looking to tap into the hardware market, according to sources close to the company; this would mark a change from its core strengths which have always been internet searches and web portal services, reports the Chinese-language China Entrepreneur magazine.