Chinese Healthcare Entrepreneur Passes Away

Zhang RuiSad news for technology watchers during the Golden Week holiday: tech startup and former editor Zhang Rui has passed away. …

NetEase Will Close Its Online Forums Next Month

Netease closureChinese Internet portal NetEase says that due to media business development needs, the company’s online forums will stop providing services …

Is China Responsible For Hong Kong’s Cyber Attack Increase?

Hong Kong CybersecurityThe past year has seen both more civil unrest and more advanced cyber attacks in Hong Kong. Is there a …

Alibaba’s South China Morning Post Purchase Puts Focus On News Coverage

Chinese e-commerce boss Jack Ma is emulating America’s Amazon.com boss Jeff Bezos, who recently purchased The Washington Post, by purchasing his own media empire in Hong Kong, the South China Morning Post. Alibaba Group Holding Limited says it has entered into a definite agreement to acquire the South China Morning Post and other media assets […]

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 multiple reports in Chinese local media. However, neither side has commented on or verified the news. South China Morning Post is reportedly the largest English-language newspaper in Hong Kong, with a circulation of about 110,000 […]

HP Stops O2O Photo Printing Service In China

HP’s online-to-offline printing service in China has closed. Prior to this, the O2O printing service had been terminated in four countries, including India. According to a report on the official website of Kachayu.com, due to company business adjustments, Kachayu has shut down all businesses in China. However, the uploaded pictures will be maintained and users […]

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 monthly subscription for the service costs CNY39 and the annual subscription is CNY365. Alibaba revealed in June 2015 that the company would launch an online streaming video service which will include Chinese and foreign movies […]

Coolpad Appoints Letv’s Chief As Executive Director

Chinese smartphone maker Coolpad has appointed Jia Yueting, chairman and general manager of Letv.com, and Liu Hongwei, vice chairman and deputy general manager of Letv.com, as executive directors, effective immediately. According to the company, Jia and Liu signed three-year service contracts with Coolpad, starting from August 17, 2015. Both of them will receive CNY1 million […]

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 websites. According to an acquisition letter of intent submitted by Hc360.com to HKEx, the company plans to acquire an 80.38% stake in Zhejiang Zhongfu Network Technology for CNY120.57 million. Zhejiang Zhongfu Network Technology mainly provides […]

Baidu May Create Online Sports JV With British Firm

Chinese search engine company Baidu is rumored to be talking with U.K. digital sports media group Perform Group to establish a joint venture in China. Perform’s core business is purchasing digital copyrights of various high-level sports events, displaying those events on online with its powerful digital editing capacity, and attracting money with its traffic. In […]

Letv.com Acquires Full Stake In Huaer Entertainment For CNY900 Million

Chinese Internet video company Letv.com is buying a 100% stake in Dongyang Huaer Entertainment Media Co. Ltd. for CNY900 million. After the acquisition, Liu Hong, chief executive officer of Letv.com, will become chairman and general manager of Huaer Entertainment. Liu will control the operating planning and business direction of the company to realize its coordination […]

China’s BesTV Sets Up Digital Media JV With Walt Disney

Chinese media platform BesTV has reportedly reached an agreement with Walt Disney to set up a digital technology joint venture in China. This joint venture will reportedly focus on digital technology consulting services related to services, products and contents of BesTV and Walt Disney in mainland China. The total investment for the joint venture will […]

Sohu.com Confirms Chief Editor’s Departure

Chinese Internet portal Sohu.com has confirmed that Liu Chun, vice president and chief editor of Sohu.com, will depart the company. Liu’s departure is reportedly due to personal reasons. Liu joined Sohu.com in July 2011. During his service at Sohu.com, he worked as vice president of the company, chief operating officer of the video section, and […]

Tencent’s Internet Advertising Revenue Up 58.3%

Chinese Internet company Tencent published its financial report for the fourth quarter and the entire year of 2012.

Chinese Software Developer Community Raises Funds

CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project.

Former AdChina COO Jumps To Tencent

Chinese Internet company Tencent revealed that Zheng Jingwei, former chief operating officer of AdChina, has joined Tencent as general manager for the advertising platform unit of the networking media group.

Juhuasuan.com, Alipay.com, Focus Media Team For O2O Development In China

Alibaba Group’s collective buying subsidiary Juhuasuan.com and Internet payment subsidiary Alipay.com have formed alliance with Focus Media to jointly develop the Chinese online to offline market.

The9, Gehua Team For HD Interactive TV In China

The9 announced that its interactive TV network subsidiary 9iplaytv.com had reached agreement with Beijing Gehua CATV Network to launch a gaming platform for high-definition interactive TV users.

Operating Expenses Jump As Sohu.com Reports Record China Revenues

Chinese online media and entertainment company Sohu.com Inc. announced record total revenues of USD233 million, up 42% year-over-year and 17% quarter-over-quarter, as it reported its unaudited financial results for the third quarter ended September 30, 2011.

Youku.com Extends Net Loss In Chinese Internet Video Sector

Chinese online video website Youku.com Inc. today announced its unaudited financial results for the first quarter ended March 31, 2011, and provided investors with an 8% net loss.

Ku6 Acquires Media Player Company By Issuance Of New Shares

Ku6 Media Company Ltd., the Internet video subsidiary of Shanda Interactive Entertainment Limited, has announced that the shareholders of Pipi.cn, a leading P2P Internet video platform in China, have agreed to sell all shares to Ku6 in exchange for 2,212,114,257 Ku6 ordinary shares.

NetEase.com Posts Higher Internet Game Revenues In China

Chinese online media company NetEase.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.

NetEase.com Says Almost All Of Its China Revenue Derived From Online Games

Chinese Internet portal and online game service provider NetEase.com Inc. announced its unaudited financial results for the third quarter ended September 30, 2010.

Sina.com Forecasts Lower Net Revenue From Chinese Internet Operations

Chinese online and wireless value-added service media company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2010, and said net revenues grew 12% year over year to USD108.2 million but the company expects lower results in the following quarter.

Ku6 Media Posts Results From Its China Internet Business

China-based Ku6 Media Company Ltd., which previously flew its technology media brand under the name Hurray Holding, announced that its net loss narrowed as it presented unaudited financial results for the third quarter ended September 30, 2010.

American Internet Search Engine Pulls Operations From China

Search engine Ask.com, a wholly owned business of IAC, is halting operations at its office in Hangzhou.

Letv.com, CRSUD Sign Strategic Agreement For Chinese Cities

Chinese video website Letv.com and China Research Society of Urban Development have signed a strategic agreement to jointly provide video technical platform support to hundreds of cities across China.

Sohu Posts Growing Online Media Revenues In China

Chinese online media company Sohu.com Inc. today reported its unaudited financial results for the third quarter ended September 30, 2010, and showed total revenues were USD164.1 million, up 20% year-on-year, and 12% quarter-over-quarter.