Alibaba Ups Stake In Chinese Microblogging Site

Social Media in ChinaIs Alibaba Group Holding Ltd. planning a takeover of Sina.com’s Weibo microblogging service? The e-commerce behemoth just acquired another three …

Heyi Group Forms Entertainment JV With The9 In China

Heyi Group, formerly known as Youku Tudou Group, and The9 announced that the two parties had signed an agreement to build a joint venture. With the name of “Jiuhe Digital Entertainment Company”, the new JV will be engaged in the development, production and distribution of gaming-related cultural entertainment content, including movies, Internet shows, Internet entertainment […]