Chinese mobile Internet security company Cheetah Mobile announced that its live show subsidiary Live.me Inc signed a USD60 million fund …
Alibaba Group announced that they will invest USD1 billion to subscribe a controlling stake in Lazada, including about USD500 million …
Chinese Internet company Tencent announced that its WeChat service has gained over 50 million registered users.
Whether related to the rumored murder charges against the wife of former Communist elite Bo Xilai or the earthquakes in Indonesia and Mexico over the last day, one thing is for sure: Internet connections to websites outside of China were intermittently not available to many users in China today.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
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.