tencent

A man looks at the screen of his mobile phone at Pudong financial district in ShanghaiA new war is brewing between China’s three internet giants, known collectively as BAT – short for Baidu, the dominant search engine, Alibaba, which controls 80 per cent of China’s ecommerce, and Tencent, the gaming and social media juggernaut with a market capitalisation of $132bn. For Wang Ran, a blogger and founder of China eCapital, an investment bank, the competition between Didi Dache [“Honk Honk Taxi”], a Tencent taxi-hailing app, and Alibaba’s Kuadi Dache [“Fast taxi”] is “the first battle in the first world war of the internet”.

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Chris Nuttall

The success of Activision Blizzard’s new Call of Duty game for China will hang on its localised production, according to its chief executive.

Bobby Kotick was speaking from China to the FT after Tuesday’s announcement in Shanghai of a partnership with online gaming provider Tencent to bring the world’s biggest video game franchise to the market. Read more

When Robin Li, Baidu’s chief executive, gave an interview to the Financial Times in March, he made some enigmatic remarks, writes Kathrin Hille in Beijing.

Asked about what he intended to do to make sure Baidu, China’s largest online search engine, would not lose out in the rapid rise of the microblogs in China, he said: “Baidu is not in the social media business.” Read more

Tech news from around the web:

Online game group Zynga has teamed up with Chinese social network Tencent to launch a version of its CityVille game for the mainland Chinese market, VentureBeat reports. Tencent is China’s most popular internet service portal with more than 674m users. Read more

Tech news from around the web:

  • US President Barack Obama is to meet Facebook chief Mark Zuckerbuerg, Apple’s Steve Jobs, Eric Schmidt of Google  and a roster of other technology executives at a private dinner during a trip to the San Francisco Bay Area this week, Mashable reports. White House press secretary Jay Carney said the get-together will focus on “innovation and job creation”.

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