Some of the biggest tech corporations in Asia have stepped up their investment and acquisition games recently. Tencent, Alibaba, and Rakuten invested more in 2013 than in any of the prior 5 years. After the first half of 2014, both Tencent (investor in Jingdong) and Alibaba (Lyft) are on pace for another record year, while Rakuten is on pace to match their 2013 total.
On the acquisition front all three firms are on pace for multi-year highs in 2014 as well. Tencent finished off the first half of the year with acquisitions of Dianping as well as Linktech Navigation. Meanwhile Alibaba closed 4 acquisitions in H1 2014, while Rakuten trailed with 3, most notably a February 2014 acquisition of messaging company Viber.