investment

While Blocked In Mainland China, Facebook Heads To Taiwan

Taiwanese government officials revealed that Facebook plans to build a data center in Changhua, Taichung. Commenting on the news, Facebook…

9 years ago

Suning Appoints New CEO (Yet Again) For PPTV

PPTV's employees have received an appointment notice stating that Mi Xin will become new president and chief executive officer of…

9 years ago

IHG and SEC announce the development of the InterContinental Shanghai National Exhibition and Convention Center

Shanghai, China, December 2, 2015 /ChinaNewswire.com/ - The world’s leading hotel company, InterContinental Hotels Group (IHG), and the Shanghai EXPO…

9 years ago

China’s Baidu Is Increasing Its Indian E-commerce Exposure?

Chinese search engine company Baidu reportedly plans to acquire a controlling stake in Mydala.com, a leading e-commerce platform for discounted…

9 years ago

What Chilling Effect Would Alibaba’s Investment Have On Free Media?

The e-commerce giant Alibaba Group is reportedly planning a newspaper investment in Hong Kong's South China Morning Post, according to…

9 years ago

Why Is China Mobile Forming An Internet Company Now?

China Mobile's Internet subsidiary named China Mobile Internet Business gained its business license on October 30, 2015, and has begun…

9 years ago

Uber Drives Chinese Operating Center To Wuhan

Uber China announced that the company will invest CNY63 million to build an operating center in the Wuhan East Lake…

9 years ago

Alibaba Continues Testing Streaming Video Service

Alibaba has started testing its streaming video service named Tmall Box Office, which is a Netflix-style subscription video service. The…

10 years ago

Legend Holdings Invests In Chinese Social Mobility Company

Legend Holdings announced a USD58.5 million strategic investment in Social Touch, a corporate mobile social marketing solutions provider in China.…

10 years ago

Tmall.com Teams With Oil Giant For Mobile Payments

Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation's Hunan branch will integrate their resources to launch a mobile…

10 years ago

58.com Buys Majority Stake In Chinese Automobile Service

Chinese online classifieds services company 58.com Inc. has acquired a 70% equity stake in a Chinese automotive information service. 58.com's…

10 years ago

Chinese Social Media Aggregation Site Shuts Down

Chinese forum aggregation site Daqi.com formally announced its closure. Daqi.com published a notice on its official website which says they…

10 years ago

Hong Kong Mobile OS Company Aims To Beat Android, Apple

The freshly-minted Hong Kong-based mobile operating system company Acadine Technologies is hoping to make room for itself among the ubiquitous…

10 years ago

Hc360.com Will Acquire 7 Chinese Clothing Websites For CNY120 Million

Hong Kong-listed B2B e-commerce platform Hc360.com announced that the company plans to invest CNY120 million to acquire several clothing vertical…

10 years ago

China’s Online Travel Sector Finds Big New Investment

Who said only Ctrip and eLong ruled the Chinese Internet travel world? LY.com, one of China's many privately-run travel booking…

10 years ago

Alibaba Will Offload U.S. Assets

Alibaba has agreed to sell four of its American e-commerce assets to U.S.-based social shopping platform OpenSky. Alibaba will give…

10 years ago

Baidu Will Acquire Japanese Advertising Company

Chinese search engine company Baidu announced that they will acquire a controlling stake in popIn, a native advertising company in…

10 years ago

Baidu Invests In Israeli Content Recommendation Company Taboola

Online content recommendation company Taboola has gained a strategic investment infusion from Chinese search engine company Baidu.com. The two parties…

10 years ago

China’s Tencent Invests In Another American Mobile Game Firm

Tencent reportedly invested USD60 million in the acquisition of a 20% stake in Pocket Gems, a start-up mobile game company…

10 years ago

58.com Acquires ChinaHR.com

Chinese classified information website 58.com announced that the company has acquired the well-known recruitment website ChinaHR.com. However, no financial details…

10 years ago

Japanese E-commerce Firm Makes Chinese Rebate Investment

Japan-based Rakuten has taken a minority stake in Fanli.com, one of China's online rebate and rebate-based flash sale companies. The…

10 years ago

China’s Leading Classified Information Websites Announce Merger

Chinese lifestyle service platform 58.com announced a merger with its classified information listings competitor Ganji.com. According to the agreement, 58.com…

10 years ago

What’s The Future For Taxi Apps In China?

On Valentine's Day, two of China's taxi-hailing apps agreed to merge. But is this a good business decision and does…

10 years ago

Kingsoft, Huaduo Group Sign Online Game Cooperation Agreement

Kingsoft Corporation Limited signed a joint operation framework agreement for games with Huaduo Group.

10 years ago

Suning Appoints Management Committee Chairman For PPTV

China's Suning announced plans to increase its strategic investment in PPTV, a Chinese video website. At the same time, its…

10 years ago

58.com Delivers Common Chores Direct To Chinese Consumers

Chinese classified information website 58.com announced the launch of a new housekeeping service brand named "58 Daojia" and appointed Chen…

10 years ago

Xiaomi Invests USD10 Million In Youku-Tudou

Chinese smartphone maker Xiaomi announced that the company plans to invest USD10 million to purchase shares of Youku-Tudou from the…

10 years ago

Chinese Social Finance Site Gains USD40 Million Investment

Xueqiu.com, a Chinese social investment website, has completed its third round of financing of USD40 million with investors including Renren.com…

11 years ago