Tencent Creates Advertising Division In Silicon Valley

Chinese Internet company Tencent is establishing a new advertising division in its Palo Alto office to provide services to American …

Beibei.com Raises Investment Aimed At China’s Population Boom

babyChinese maternal and baby supplies e-commerce platform Beibei.com completed its fourth round financing of USD100 million. Its investors included well-known …

CNY2 Billion Deal Amps Up Chinese Smartphone’s Appeal

LeTV phoneChinese mobile phone retail channel provider D.Phone and Letv have reached a strategic deal with total value of CNY2 billion. …

Who Knew Chinese Food Delivery Could Get So Big?

takeoutNow that Ele.me’s agreement with Alibaba and Ant Financial for a combined USD1.25 billion investment is signed, the company has …

Aston Martin Signs Chinese Internet Of Vehicles Deal

Aston MartinChina’s Letv and the luxury British sports car manufacturer Aston Martin signed an electric car joint venture MOU in Frankfurt, …

Chinese Millennials Targeted In Social Media Music Investment

musicChina’s Enlight Media will invest USD30 million to acquire a 20% stake in Coveredge (Cayman) Inc. Coveredge’s major product is …

China’s JD.com Expands Operations To Russia

Russian E-commerceVictor Xu, JD’s president for international business unit, said during an interview that the company will soon launch a brand …

China’s Baidu Bids Sayonara To Japanese Search Engine

Following several years’ operation in the Japanese market, Chinese search engine company Baidu announced a decision to close its Japanese search engine service Baidu.jp. A spokesperson from Baidu confirmed that the Japanese search engine has been shut down. However, the spokesperson quoted in local Chinese media said they will not rule out the possibility to […]