CNY2 Billion Deal Amps Up Chinese Smartphone’s Appeal

LeTV phoneChinese mobile phone retail channel provider D.Phone and Letv have reached a strategic deal with total value of CNY2 billion. …

China’s Gaming Market Revenue Reached CNY140.7 Billion In 2015

China’s online gaming users reached 534 million in 2015, a year-on-year increase of 3.3%, according to the latest report from a trio of game watchers. During China’s Game Industry Annual Conference 2015, the Game Publishers Association Publications Committee of the China Audio-video and Digital Publishing Association, Gamma Data, and IDC jointly published their “2015 Report […]

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 secondary market, which will enable the playing of Youku-Tudou contents on Xiaomi devices. Xiaomi will also buy Youku-Tudou shares from the open market. The two parties will make a joint investment of an unknown sum […]

Letv.com Establishes New Beijing Company For Mobile Phone Development

According to data from the Beijing Administration for Industry and Commerce, Letv has registered a new company named Letv Mobile Smart Information Technology (Beijing) Company Limited, with registered capital of CNY20 million. The business scope of this new company covers production and development of mobile phones and sales of communications devices, electronic products, mechanical equipment, […]

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 […]

Letv.com Says Chinese Internet Video Business Is Hot

In the face of massive competition from state-owned businesses, stalwarts like Youku Tudou, and mobile-only start-ups, Chinese Internet video website Letv.com says it’s profits are bursting. Letv.com published its unaudited annual performance pre-announcement for 2013, stating that the company expects to see net profit between CNY250 million and CNY270 million, a year-on-year increase of 30% […]

Youku Tudou Reaches Smart TV Content Deal With Haier

Chinese Internet video group Youku Tudou will provide video software services to smart TVs made by Haier. This is Youku Tudou’s latest strategic cooperation with smart TV makers following its partnership with Shenzhen Coship Electronics formed at the end of 2013. With these moves, Youku Tudou Group intends to seize the opportunities in family TV […]

Youku Tudou Signs VOD Agreement With FremantleMedia

Internet video group Youku Tudou has reportedly reached a multi-year content agreement with the British media company FremantleMedia. FremantleMedia is the producer and distributor of many popular TV shows, including The X Factor USA and America’s Got Talent. According to FremantleMedia, some 202 hours of programming will be available on Youku Tudou’s VOD channels. Those […]

Iqiyi’s Internet Video Integration Enters Final Stage

Tang Xing, chief technology officer of Iqiyi, revealed that the technical integration of Iqiyi and PPS has entered the final CDN and P2P integration and optimization stage, and it is expected to be completed this summer.

Tencent’s VP To Lead Video Business Division

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.

Yuan Bin Joins Letv.com As Co-CTO

Liu Hong, co-founder and chief operation officer of Letv.com, revealed to Chinese local media that Yuan Bin, former vice president of online video website Iqiyi.com, has joined the company as co-CTO.

Letv.com, Foxconn Team For Exclusive China TV Production Deal

Chinese Internet video website Letv.com announced that it is working with Foxconn in the establishment of a joint venture for the production of super TVs and set-top boxes, which are expected to be formally launched in the third quarter of 2013.

Letv.com To Invest CNY100 Million To Support TV Apps

Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to support the development of TV applications.

Copyright Problems: Xunlei’s Gougou.com Terminates Chinese Search Service

Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.

China Mobile Starts Providing Mobile TV Service In Hong Kong

Aiming at more operating revenue from smartphone users, Chinese telecom operator China Mobile announced the launch of its mobile TV service named UTV in Hong Kong.

China’s Youku.com Gains Internet Publication License For Online Video

Chinese Internet video website Youku.com has received its Internet Publication License issued by the General Administration of Press and Publication of China.

Lenovo Unveils Social Media And Cloud Computing Strategies In China

Chinese technology giant Lenovo Group held a launch ceremony in Beijing to announce a new cloud computing strategy, a new smartphone, a tablet computer, a new personal computer, and TV products.

Letv.com To Invest CNY6.3 Million For New Subsidiaries

Chinese Internet video company Letv.com has announced that it will invest about CNY6.3 million to set up wholly-owned subsidiaries in Hong Kong and Taiwan to expand the overseas market and improve its visibility.

Ku6.com’s Financials Show Chinese Internet Video Sector Instability

Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped.

Ericsson Begins TV Roadshows In 12 Chinese Cities

Ericsson’s roadshow for its integrated TV solutions has been officially started in Shanghai and this activity will cover 12 cities in China, showcasing the company’s latest technologies and solutions for integrated TV.

First Major IPTV Online Store Launches In China

TVMall, China’s first online store based on the IPTV platform, has been launched.

New Digital Television Shopping Site Brings More Electronics Products To Chinese Consumers

Alibaba Groups’ online auction and e-commerce subsidiary Taobao.com is launching a new website focused on the sale of digital products in China.

Chinese State-owned Company Enters Internet Video Industry Sector

A representative from China Hualu Group has revealed that the video website Hualu5.com developed by its subsidiary Hualu Culture Industry Company is expected to be launched in a month.

China’s CNTV.cn, CCTV.com To Realize Unified Operation In Late May

Xia Xiaohui, deputy general manager of China Network Television (CNTV), revealed during an Internet economy development forum in the Yangtze River Delta that CNTV.cn and CCTV.com will be merged at the end of May 2010 and CCTV.com will become a sub-brand of CNTV.cn.

China’s Youku.com To Buy 200 Television Series From South Korea’s SBS

Chinese video website Youku.com has announced that it has reached an agreement with the South Korean television station SBS to buy all TV series produced by the TV station.

Baidu’s Video Website Starts Beta Testing In China

Qiyi.com, the independently operated video website created by the Chinese search engine Baidu Inc, has launched its beta test and is now open to invited users.

The9 Bids Farewell To President In China

Chinese online game developer The9 Limited announced that its president will not have her employment contract extended.

China’s 9you.com Gains Internet Video License

Chinese online game operator 9you.com has announced that the company has gained an Information Network Communicated Audio-Video Program License, with the license number of 0910541, enabling it to operate online video businesses in China.