China’s ride-hailing behemoth Didi has begun the procedure of delisting from the New York Stock Exchange and applying to list in Hong Kong instead, the company announced via a Weibo post on Friday morning. The decision came days after Bloomberg reported the Chinese government had asked Didi to delist from the U.S. out of security […]
China roundup: Tencent takes on sites trying to circumvent its age limits
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. The enforcement of China’s new gaming regulations is unfolding like a cat-and-mouse game, with the country’s internet giants and young players constantly trying to outsmart each […]
China roundup: Beijing wants tech giants to shoulder more social responsibilities
This week, the gaming industry again became a target of Beijing, which imposed arguably the world’s strictest limits on underage players. On the other hand, China’s tech titans are hastily answering Beijing’s call for them to take on more social responsibilities and take a break from unfettered expansion.
China proposes strict control of algorithms
China is not done with curbing the influence local internet services have assumed in the world’s largest populous market. Following a widening series of regulatory crackdowns in recent months, the nation on Friday issued draft guidelines on regulating the algorithms firms run to make recommendations to users. In a 30-point draft guidelines published on Friday, […]
Tencent’s WeChat suspends new user registration in China to comply with ‘relevant laws and regulations’
Tencent’s WeChat said on Tuesday it is temporarily suspending registration of new users in China as it works to comply with “relevant laws and regulations,” the latest Chinese firm to face regulatory scrutiny in the world’s largest internet market. In a social media post, Tencent said it is “upgrading” its security technology to align with […]