Cheetah Mobile’s Live Show Subsidiary Gains USD60 Million Investment

Chinese mobile Internet security company Cheetah Mobile announced that its live show subsidiary Live.me Inc signed a USD60 million fund …

Cloud Security Experts Converge For Epic Event In Asia

Singapore, September 21, 2016 /ChinaNewswire.com/ – Cloud Security Expo Singapore, to be held October 12-13, 2016 is the only cloud security event in Asia that will help you find the all right solutions to your cloud security concerns. Join us this October at Marina Bay Sands, Singapore with the top business leaders and decision makers… Read More

Online News In China Gets Wakeup Call

Communist China soldierNews media in China ostensibly operate to reinforce and promote the edicts and values of the government. And the government …

Lenovo Launches Entrepreneurship Accelerator In Hong Kong

Lenovo websiteFocusing on supporting entrepreneurial start-ups specializing in cutting-edge technologies such as artificial intelligence, big data, and robotics, China’s Lenovo Group …

Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com

Dalian, China, May 9, 2016 /ChinaNewswire.com/ – Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet … Continue reading “Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com”

Who’s To Blame For Apple’s China Closure?

blameApple’s iTunes and iBook users in China the past few days have been unable to access their accounts and data …

Twitter’s Appointment Of New China Chief Won’t Mean Much

Twitter in ChinaJace Dorsey, chief executive officer of Twitter, announced via a tweet that the company has appointed Kathy Chen as Twitter’s …

China’s 58.com Gears Up For New Tech Growth

58comIts homepage may appear staid and plain, but the backend technology running Chinese classified information website 58.com is ramping up …

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 …

WeChat Amps Up Competition With New Phone Call Function

China’s WeChat, the instant messaging app by Tencent, has Facebook’s WhatsApp, Japan’s Line, and Microsoft’s Skype service in its sights …

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 confirmed that they did find a suitable location in Taiwan to build a new data center; however, they have not yet made the final decision. The government officials from Changhua said that Facebook hired a […]

Cheetah Mobile Forms Partnership For Native Ads With Yahoo

Chinese Internet and mobile Internet security company Cheetah Mobile announced a strategic deal with Yahoo for mobile search and native advertising platform partnerships. With the cooperation, Cheetah Mobile will integrate Yahoo’s “search in Apps” function into its various products, which will allow its users to enjoy Yahoo’s latest Buzz search tool as well as other […]

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 products in India. According to reports in Indian local media, Baidu expressed an intention to acquire a majority stake in Mydala.com and the investment can reach up to USD100 million, which is about CNY630 million. […]

Fake Goods Kill Chinese E-commerce Hope

The sale of fake and counterfeit goods in China has finally ended the services of a major online shopping service. Chinese B2C e-commerce operator JD.com announced that they will stop services at Paipai.com on December 31, 2015, and after a three-month transition period the website will be completely shut down by April 1, 2016. Paipai.com […]

Chinese E-Commerce Eyes Stability During Year’s Biggest Shopping Day

In the West, today is the remembrance of the end of World War One. But in China, November 11 is Singles’ Day and the entire country has prepared for an online sales onslaught. In 2014, Alibaba posted more than USD9 billion in sales on China’s Singles’ Day. And this year rivals JD.com and Suning hope […]

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 payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba’s ecosphere to help CNPC Hunan implement an “Internet Plus” transformation that includes an online store, mobile payment, big […]

Chinese E-commerce Customer Complaints Up 174.4% In Q1 2015

Consumer complaints during the first quarter of 2015 for Internet shopping increased by 174.4% year-on-year to 24,100 cases, according to statistics published by State Administration for Industry and Commerce of China. The State Administration revealed that China’s nationwide industry and commerce administrative units received a total of 1.701 million consumer complaints, reports and inquiries in […]

Google Freezes Chinese Websites And Certificate Authority

Thousands of Chinese websites will soon be marked unsafe by Google’s Chrome browser. Adam Langley, a Google security engineer, says, “On Friday, March 20th, we became aware of unauthorized digital certificates for several Google domains. The certificates were issued by an intermediate certificate authority apparently held by a company called MCS Holdings. This intermediate certificate […]

Chinese Internet Company Sets Domain Name Record With USD17 Million Purchase

How much is a good website domain name worth these days? An insider from Qihoo 360 confirmed that the company has invested USD17 million, which is about CNY110 million, to acquire the top-level domain 360.com. This top-level domain was previously owned by telecom carrier Vodafone. At present, the domain has directed to Qihoo 360’s search […]

Beijing Subway Vulnerability Can Disrupt Normal Transportation Operation

Crushing masses of people, airborne viruses, and smelly air are not the only threats for travelers on Beijing’s subway system as a hacker has revealed a new technology exploit that can bring havoc to the capital city’s underground transportation maze.

Facebook Hits The Same Wall As Apple In China

The leaders of Facebook and Apple were in China this past week on separate missions with the same goal: gain better transparency and more access to the Chinese market. Facebook’s Mark Zuckerberg was in Beijing for an event at a local university, and Apple’s Tim Cook met with Chinese Vice Premier Ma Kai to review […]

Microsoft Ceases World’s Final MSN Holdout In China

Microsoft will officially close its instant messaging service MSN in China on October 31, 2014. Microsoft already shut down MSN services worldwide in March 2013, with the exclusion of the Chinese mainland market; and the company started promoting its other communications product Skype. According to Microsoft, Chinese MSN services will be shut down on October […]

Cheetah Mobile Acquires Hong Kong Online Marketing Company For USD30 Million

Cheetah Mobile, a subsidiary of Kingsoft, announced that the company has reached an agreement with Zoom Interactive, a Hong Kong online marketing company, on a full acquisition for USD30 million. The USD30 million consideration will reportedly include USD20 million in cash and about USD4 million in Cheetah Mobile restricted class A ordinary shares. In addition, […]

Facebook’s Rumored Chinese Sales Office Faces Potential Problems

Facebook reportedly plans to establish a sales office in China to serve local advertisers in the country. Vaughan Smith, Facebook’s enterprise development vice president, said in a statement that Chinese companies have gradually become a major advertiser group for Facebook. Therefore, the company continues to explore new methods to support local services in China and […]

Beijing’s Public Security Bureau Forms Internet Security Alliance

The network security safeguard team of the Beijing Municipal Public Security Bureau and the Chinese Internet security company Qihoo 360 jointly announced they will establish a network security anti-fraud initiative. The initiative’s official website at Fanzhapian.360.cn has officially started operation. Meanwhile, Ye Manqing, director of the network security safeguard team, announced that with the approval […]

PBOC Halts Virtual Credit Cards And Mobile Payments In China

The People’s Bank of China has issued an emergency alert to stop the use of virtual credit card products as well as two-dimensional code payments that are often used with mobile devices. Chinese Internet companies like Alipay and Tencent previously launched such services. However, neither company has given any comment on the situation. The emergency […]

Bitcoin Value Steadies After Chinese Government Warning Drop

Five Chinese government units, including the People’s Bank of China, Ministry of Industry and Information Technology, China Banking Regulatory Commission, China Securities Regulatory Commission, and China Insurance Regulatory Commission, have jointly issued a notice about preventing risks against Bitcoin speculation. Though the warnings were not full condemnations of the cyptocurrency, sell prices on exchanges as […]

Microsoft Gingerly Moves Skype’s China Operations To New Partner

Microsoft has formed a partnership with Guangming Founder, which will operate Skype for Microsoft in mainland China. Founded in 2011, Guangming Founder is a joint venture between Gmw.cn and Founder, a Chinese computing company. The company mainly focuses on developing mobile new media businesses. Financial terms of the deal were not revealed. According to Microsoft, […]