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Changyou Receives Non-binding Privatization Offer From Chairman

Chinese online game developer and operator Changyou recently announced that the board of the company has received an initial non-binding …

Tencent Music Becomes Exclusive Distributor Of Universal Music In Mainland China

Tencent Music Entertainment Group and Universal Music Group signed a deal under which Tencent Music will become Universal Music’s exclusive …

Tencent May Have Just Defeated Baidu At Its Own Game In China

Baidu is a poorly-executed search engine. But with both government regulations handcuffing its development and lack of competition in China, …

Ctrip Eyes Acquisition Of Swedish Travel Company

Chinese leading Internet tourism services provider Ctrip.com is reportedly considering buying Etraveli AB, an online tourism business of the German …

China’s Gaming Market Scale To Reach USD26 Billion In 2017

The Chinese gaming market scale will reach USD26 billion by the end of 2017 and mobile games will continue to …

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 …

JD.com Will Now Sell Tires Online

Chinese B2C e-commerce provider JD.com and German tire brand Continental announced a strategic deal to sell tires to e-commerce consumers. …

Netflix Finally Finds Partner In China

American video website Netflix has reached a content licensing agreement with the Chinese video website Iqiyi.com. Netflix is an American …

Sohu Closes Internet Forum Service Tomorrow

Sohu’s community forum service, which was launched in 1999 in China, will officially close on April 20, 2017. Sohu is …

Didi Chuxing Launches Female Career Development Plan In China

On the heels of its American partner Uber ensconced in controversy of its treatment of women, Chinese ride-share company Didi …

China’s Tencent Becomes Largest Gaming Company In The World

China’s Tencent Games achieved operating revenue in 2016 of USD10.2 billion, a year-on-year increase of 17%, which makes it the …

Alibaba’s Mobile Advertising Income Reached USD11 Billion In 2016

Chinese e-commerce giant Alibaba Group realized USD11 billion mobile advertising revenue in 2016, accounting for 40.3% market share in the …

China’s ZTE Uses Crowdfunding To Launch Eye Tracking Phone

Chinese telecom device maker ZTE will reportedly launch its new smartphone product via an unusual channel: the crowdfunding platform Kickstarter. …

QQ Music Announces Business Restructuring, Personnel Changes

Chinese Internet company Tencent announced business restructuring and personnel changes for its QQ music business line. The company revealed that …

Snapchat Sets Up Office In Shenzhen

Snapchat’s parent company Snap Inc. has reportedly built a research and development team in mainland China. Though users are not …

Starbucks Teams With Tencent To Deploy WeChat Payment In Mainland China

Starbucks and Tencent have formed a strategic partnership to deploy WeChat payment in Starbucks stores in mainland China. Starting from …

Global Gay Social Network Gains Shanghai Investment

HornetOne of the world’s largest social networks aimed at homosexual men just raised funding from a Shanghai firm. Shanghai-based venture …

Yixia Tech’s Latest Cash Infusion Will Spur Social Media Videos

MiaopaiShort videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …

Avaya Reaches Strategic Cloud Communications Deal With Tencent

mobile advertisingAvaya (Shanghai) Enterprise Management Co., Ltd. and Tencent Cloud Computing (Beijing) Co., Ltd. signed a strategic cooperation agreement to implement …

EMS Links Its Courier Network To Tencent’s Messaging Services

WeChat and EMSChina Postal Express & Logistics Company Limited announced that they have reached a full strategic cooperation with the Chinese Internet …

Me Too! Simtoo Gains Drone Funding In China From Renren

Simtoo droneSimtoo, a Shenzhen-based drone manufacturer, has reportedly closed a RMB72 million funding round. Chinese social networking company Renren Inc co-led …

China’s Renren To Separate Video Social Platform

Renren.com screenshotChina’s social networking and Internet financial company Renren announced plans to separate its newly established subsidiary named SpinCo. SpinCo will …

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. …

JD, Toutiao Reach Strategic Online Deal

ToutiaoChinese B2C e-commerce website JD.com and social media content platform Toutiao.com announced that the two parties have reached a strategic …

Wanda Group Awakens Social Media With We-Media Coalition

Wanda We-media CoaltionChina-based Wanda Group announced that they will cooperate with 100 social We-media providers to establish the “Wanda We-media Coalition”. This …

Short Video Creators Can Now Enjoy CNY1 Billion In Subsidies From Toutiao.com

RMBAttention spans are shrinking, so money to grab eyeballs is increasing. A Chinese online video site is incentivizing online creators …

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 …

Starwood Names Last Concubine As KOL For China Push

Westin China KOL Brand Ambassador Liu TaoU.S.-based Starwood Hotels and Resorts is taking its brand message online to Chinese consumers with the introduction of actress Liu …