The Chinese Internet giant's IPO launch could be the biggest among Internet companies in history, even overtaking Facebook's US$104 billion valuation.
View from China
Based in Beijing, ZDNet bloggers report on ICT industry developments from the Chinese perspective.
The ZDNet China editorial team, based in Beijing, reports on IT industry developments from the Chinese perspective.
The central bank also halted Quick Response (QR) codes transactions and other face-to-face cashless mobile payment services, leading stocks slump among Tencent and China Citic Bank on Friday.
Workers continue to press for higher compensation as protests go into their ninth day over the IBM-Lenovo server deal.
Both local and international mobile phone makers, have expressed their concerns to Chinese regulators, warning the deal may result in higher patent licensing fees.
More than 1,000 IBM workers at an affected server division demanded proper compensation and refused to be "sold" to Lenovo.
The legal action comes after China’s State Intellectual Property Office (SIPO) rejected Apple's request to invalidate a patent by a Shanghai-based company which it claimed was similar to its voice-driven technology Siri.
China's biggest social media site Sina Weibo clocks net income of US$44.5 million in fourth-quarter 2013 on net revenue of US$197 million, as the company prepares for its IPO on the NYSE.
InterDigital says it will no longer charge Chinese companies discriminatory royalties, as it seeks to end an antitrust probe by China's industry regulator.
Smartphone shipments in China, the top market in the world, experienced its first slowdown in the fourth quarter of 2013 after the market recorded 9 consecutive quarters of explosive growth during the past two years.
Starting with Tesla's Model S, Foxconn's subsidiary screen maker plans to expand to the U.S. to gain a foothold for in-car displays.