How China’s Most Popular App Spies on Users for Beijing

Greetings from Hong Kong. Clay Chandler here, filling in for Alan with our weekly Sino-Saturday edition of CEO Daily. I’ve written a lot about the wonders of WeChat, the multi-functional “super app” operated by China’s Tencent Holdings. I’m not alone in considering WeChat one of the world’s most innovative digital platforms. Launched in 2011 as […]

Data Sheet—Tencent, Grab, and Go-Jek: All Hail the Super-App

Over the last two weeks, the global business press has invested great time and effort pondering the implications of Mark Zuckerberg’s “pivot to privacy.” (That includes Fortune; don’t miss Michal Lev-Ram’s insightful cover story about Facebook’s “about face“.) In Data Sheet and CEO Daily, Adam and I have argued that Zuckerberg’s pivot is an effort […]

Investing in China: All Bets Are Off

Last August, in my first post for Adam’s Data Sheet newsletter, I warned that Chinese tech companies might be headed for a “capital winter.” Alas, that dire prediction appears to be coming true. The Economist, citing research by CB Insights, noted last week that, in the last three months of 2018, deals to commit venture […]

Mark Zuckerberg Has WeChat Envy—and That’s Terrifying

Trade talks between the U.S. and China appear to have bogged down in recent days, in part over U.S. concerns China isn’t doing enough to prevent its companies from ripping off American technologies. But I find no small irony in the fact that, even as negotiators from the two countries haggle, the founder of one […]