Yahoo China Will Shut Email Service In August

Yahoo China has sent an official email to its mailbox users, stating that the company will close its email service on August 19, 2013, and all user data will be temporarily taken over by Alibaba’s cloud-based service Aliyun.com.

China’s Tencent Invests CNY400 Million In South Korean Mobile Chat Application

Chinese Internet company Tencent revealed in its financial report for the first quarter of 2012 that the company acquired a 13.84% stake in KakaoTalk, a South Korean mobile communication application, for CNY403 million.

Chinese Web Browser Company Establishes Subsidiary In India

Chinese mobile browser developer UCWeb has officially established a new subsidiary in New Delhi, India, and the company launched its latest UCWeb 8.0 version for Android in the country.