Tencent Adjusts E-commerce Subsidiary Structure In China

According to an internal email reportedly sent by Bu Guangqi, chief executive officer of Tencent’s e-commerce subsidiary 51buy.com, the company will implement a structural adjustment, aiming at sales of CNY15 billion to CNY20 billion in 2013.

Ericsson Begins TV Roadshows In 12 Chinese Cities

Ericsson’s roadshow for its integrated TV solutions has been officially started in Shanghai and this activity will cover 12 cities in China, showcasing the company’s latest technologies and solutions for integrated TV.