Chinese e-commerce group Alibaba has launched the overseas version of its group buying website Juhuasuan.com for Hong Kong and Taiwan markets, representing an important step into Hong Kong, Macau, and Taiwan.
Chinese telecom operator China Mobile published its annual financial report for 2012, stating that the company’s operating revenue was CNY560.4 billion, a year-on-year increase of 6.1%; and its profit attributable to shareholders was CNY129.3 billion, a year-on-year increase of 2.7%.
Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.
Apple reportedly plans to establish a new data center in Hong Kong.
Taiwan’s Chunghwa Telecom plans to expand its Wi-Fi international roaming service map and will cooperate with Hong Kong’s Y5ZONE to add 6,500 Wi-Fi hot spots in Hong Kong.
China Mobile International Limited and America’s Clearwire jointly announced that the two companies have signed a memorandum of understanding for the opening of TD-LTE international roaming services between China and America.
Apple has confirmed that it has launched its iTunes store in 12 new markets in Asia, including Hong Kong, allowing its users in these regions to buy and download music and videos more conveniently.
Chinese telecom operator China Mobile has realized two-way roaming between the TD-LTE network in Hangzhou and LTE FDD network in Hong Kong.
Google announced that its new data center in Changhua, Taiwan, has started construction and it is expected to be launched in the second half of 2013.
Alibaba Group and its Hong Kong-listed unit Alibaba.com have jointly announced that Alibaba Group has proposed an offer to the board of directors of Alibaba.com to take the company private.
Hong Kong-listed information technology and outsource software development company Inspur International has published a report, stating that it will sell its e-government business, Shandong Inspur E-Government Software Limited, to Shandong Inspur Software Company Limited for CNY23 million.
Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up.
Coach, a leading American designer and maker of luxury lifestyle handbags and accessories, has signed a memorandum of understanding with Taobao.com, the Chinese Internet shopping subsidiary of Alibaba Group, to prevent the sale of fake Coach products on this Chinese website.
Beijing technology entrepreneurs and software firms should shut their doors and turn off the lights, as Microsoft China might be aiming at hiring away some top young talent.
Chinese Internet video company Letv.com has announced that it will invest about CNY6.3 million to set up wholly-owned subsidiaries in Hong Kong and Taiwan to expand the overseas market and improve its visibility.
Lenovo Group and Hong Kong-headquartered Nikoyo have signed a memorandum of understanding in Beijing to implement marketing and sales cooperation.
Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.
An insider from the Chinese Internet company Tencent has confirmed to the local media that the American collective buying website Groupon will establish a joint venture with Tencent to enter the Chinese market, and the CEO of the new company will be assigned by Tencent.
Hong Kong’s Office of the Telecommunications Authority announced a new initiative to promote the installation of fiber-based broadband access networks in residential buildings through the introduction of a voluntary building registration scheme.
U.S.-based Equinix Inc. announced plans to spend USD63 million to build its second international business exchange data center, HK2, in Hong Kong.
Canada-based BlueCat Networks announced it is investing an undisclosed amount of funds in Asia Pacific as part of its continued expansion in the region.
Google.com, which has failed to gain momentum in China against rivals like Baidu.com, has issued a statement that it will end its automatic redirect to its Hong Kong website.
Tuniu.com’s Guangdong branch has been unveiled in Shenzhen to help the online travel company expand its business in China’s southern regions.
Chinese third-party Internet payment platform Alipay.com has inked a cooperation deal with the international credit card organization MasterCard, to officially launch payment services with MasterCard in Hong Kong, Macau, and Taiwan.
According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from the overseas markets will account for 20% of its total revenue in the next two years.
Vocus Inc., the Nasdaq-listed provider of on-demand software for public relations, announced that it has acquired privately-held BDL Media Ltd., a provider of on-demand public relations software and services in China.
Chinese mainland online game developer and operator Giant Interactive Group has confirmed that it has authorized Taiwan-based King Rex Hi Media to operate its first webgame Gold Land in Hong Kong, Macau, and Taiwan from late April 2010.
Nasdaq OTCBB-listed Mezabay International Inc., Singapore’s Legend Venture Pte Ltd., and Beijing Mayi Interactive Network Technology Company Ltd. have signed an investment agreement, under which Mezabay will acquire a 51% stake in Mayi.com.
