Tencent to Host Global Partner Conference

BEIJING, Oct. 24, 2014 /PRNewswire/ -- Tencent Holdings Limited（"Tencent", SEHK：00700）, a leading provider of comprehensive Internet services in China, today announced that it will host its fourth annual Tencent Global Partner Conference from October 30 to 31 at the BFA International Convention Center in Hainan, China. At the conference, entrepreneurs, IT talents and developers from around the world will learn about the latest updates regarding Tencent's Open Platform Strategy, which covers a wide range of products and services, as well as insights into the current internet landscape in China from well-known industry leaders invited to the conference.

Source：marketwatch.com

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BYD Daimler JV Denza Launches First Electric Vehicle

BYD Daimler New Technology Company, which trades as Denza, represents a new model for joint ventures in China's electric vehicle market but whether the model will be able to translate into a sizeable market share remains to be seen. Compared with other auto joint ventures, the company is somewhat of an outlier. It is the first and only joint venture in China that is focused solely on new energy vehicles, and its CEO Lian Yubo said, "To develop a car model on our own is unprecedented in China's joint ventures."

Source：wantchinatimes.com

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IBM, Tencent Cloud Join Forces To Change Industries With Cloud

KUALA LUMPUR, Nov 4（Bernama）-- IBM Malaysia has forged a collaboration with Tencent Holdings Ltd to provide public cloud with Software-as-a-Service（SaaS）solutions for industries.  IBM said the collaboration would focus on emerging small and medium enterprises in smarter cities and healthcare industries as well as other fields.

Source:gigaom.com

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Tencent Owns 3 of the World’s 5 Biggest Social Networks

The number of internet users on Earth recently surpassed three billion, and nearly half of them – 1.35 billion – are on Facebook, according to social media agency WeAreSocial. That’s roughly equal to the entire population of China. Ironically, very few of Facebook’s users actually live in China, where the government has blocked the behemoth social network for several years. Tencent reigns supreme instead, taking up three of the top five spots for social platforms with the most monthly active users in the world.

Source:techinasia.com

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East West Bank Becomes First L.A. Bank With Branch In Shenzhen

East West Bank, a subsidiary of East West Bancorp of California, expanded its business in China today with the opening of a branch in Shenzhen in a ceremony attended by its chairman Dominic Ng and Los Angeles Mayor Garcetti. Located just north of Hong Kong, Shenzhen has been a mecca for Chinese entrepreneurs since it was designated a special economic zone and pioneer for economic reforms in 1979.  The city boasted 44 members of the 2014 Forbes China Rich List, second only to Beijing.  Billionair

Source:.forbes

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