Chinese Internet company Xunlei has formed a strategic partnership with China Construction Bank’s Shenzhen branch to gain a CNY10 billion loan and a customized capital management program for Xunlei over the next three years. Luo Lan, vice president of Xunlei, said that the cooperation aims to provide financial security for Xunlei’s rapid expansion, enhance the […]
China’s BesTV says it will team with Microsoft to invest USD79 million in the establishment of a joint venture named Shanghai Baijiahe Information Technology Development Company Limited for the creation of China-made gaming consoles. With USD40.29 million cash investment, BesTV will hold a 51% stake in the joint venture; while Microsoft, with USD38.71 million cash […]
Western media are hailing news that the Shanghai Free-trade Zone may allow blocked websites like Facebook and New York Times. The news comes from South China Morning Post’s reporting of an unnamed government source’s statement: “In order to welcome foreign companies to invest and to let foreigners live and work happily in the free-trade zone, […]
Chinese Internet company Tencent sent an internal email to announce that Bu Guangqi, chief executive officer of Yixun.com, has been appointed new vice president of Tencent.
VIPmimi.com is revolutionizing content marketing in China through the syndication of exclusive promotional content for lifestyle and travel businesses in China.
Google announced that John Liu, Google’s head of Greater China and global vice president, will soon depart the company, and his role will be taken over by Scott Beaumont, who leads Google’s partnerships business in Europe, in August 2013.
Chinese Internet company Tencent announced that Liu Chunning, former general manager of the online video business at Tencent, has resigned due to undisclosed personal health reasons, and Sun Zhonghuai, vice president of Tencent, will take over the duties.
Chinese Internet company Tencent announced that its WeChat service has gained over 50 million registered users.
Chinese Internet video company Youku-Tudou Group and Chinese social networking website Renren.com have formed a strategic partnership for platform and resource sharing.
Iqiyi.com has completed integration with PPS, an Internet video website recently acquired by Baidu.
International voice service giant Nuance, which supports Apple’s Siri speech recognition technology, is reportedly seeking a content cooperation partner in China to expand the speech recognition market.
Japanese social game giant Gree announced the future strategy for its overseas offices, and the company said it will close the office in China.
Chinese B2B e-commerce company Alibaba Group has inked a deal with Chinese Web portal Sina.com for a wide range of cooperation.
With the backdrop of worries over a tourism drop in China because of the avian flu, Mafengwo.cn, a Chinese tourism social media website, announced that it has completed its B financing round of USD15 million and the investors included Qiming Venture Partners and Capital Today.
Focused on saving energy and space, HP unveiled its latest server product Moonshot in China.
Jiaranai Entertainment, the general distributor of Sina’s microblog service in Thailand, announced that China’s Sina microblog service at Weibo.com has officially entered the Thai market.
Chinese Internet company Tencent published its financial report for the fourth quarter and the entire year of 2012.
Chinese Internet video provider Youku-Tudou Group announced its unaudited financial report for the fourth quarter and the entire year of 2012.
CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project.
Chinese Internet video provider Youku-Tudou Group confirmed that Yang Weidong, former Nokia executive, has been appointed senior vice president for Youku-Tudou Group and president for Tudou.com.
Chinese Internet search engine company Baidu Inc. disappointed investors as it posted its fourth quarter and fiscal year 2012 financial results.
Chinese Internet company Renren Inc. will adjust its organizational structure and business clusters, and establish an independent wireless business division.
Chinese Internet video website Tudou.com will invest about CNY10 million to establish a new fund to support the development of original videos and online media.
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.
An internal email from Chinese Web portal Sina.com has revealed structural changes at the company, including the establishment of a portal technology department.
Chinese social networking site Renren.com announced that it has reached a deal with Pinguo Technology, whose mobile photography software Camera360 will be able to use the location-based service system via the wireless open API interface of Renren.com.
Chinese social networking site Kaixin001.com recently published its software client for smart TV, which will be pre-installed on smart TV products manufactured by Samsung, Haier, and Hisense.
Sina.com’s microblog service Weibo.com has fully closed its open platform private messaging interface to prevent third-party applications from sending private messages to Weibo users.
