TMTPOST

Tencent Starts Internet Insurance Business

According to the official website of the China Insurance Regulatory Commission (CIRC), Weimin Insurance Agency was approved to operate insurance agency business. 57.8% of its share is held by Tencent. The businesses that CIRC approves Weimin Insurance Agency to operate are agents selling insurance products, charging insurance premium, the loss survey and claims related insurance […]

Jack Ma Just Ate His Own Words

He Swore ‘Never Do Games Business’ While Now Enter Game Industry in High Profile In June 2010, when talking to the then Chinese Premier Wen Jiabao, Alibaba Chairman Jack Ma said, “we firmly believe games couldn’t change China. China pursues single-child policy. If children play games all the time, what will our country be like […]