Tag: "Internet"

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China Still World’s Largest Gaming Market With USD24.6 Billion Operating Revenue

In 2016, the world’s computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to …

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JD Shuts Down Used Goods Platform After Only Four Months

Kumai.jd.com, the second-hand trading platform of JD.com will partially close its e-commerce platform services starting from June 22, 2017. Then …

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China’s Kalends To Acquire Additional Stake In Grindr For USD152 Million

Chinese Internet game distributor Kalends plans to invest USD152 million to acquire a 38.47% in Grindr with Kunlun Group as …

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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 …

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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, …

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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 …

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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. …

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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 …

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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 …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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New Money For Used Car Internet Dealer RenRenChe

Renrenche websiteGone are the days of trudging to the northern reaches of Beijing to visit the huge automobile malls to buy …

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MSN China Seals MBO Deal

RMBMicrosoft announced that Microsoft Online, which was formerly known as MSN China, has reached a management buyout agreement to become …

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Blockbuster Investment Shines On Chinese Movie Review Website

movie theaterTwo thumbs up for Dushe, the Chinese movie review website that has just raised about US$11 million. Bertelsmann Asia Investments …

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Censorship To Blame For VC-Backed Chinese Website Outage?

Fenda appWhen a website goes offline, it’s often the result of a DDoS attack, forgotten domain name purchase, or bad programming. …

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China To Tighten Control Of News Sites With Stricter Rules

Chinese government national emblem sealChina intends to further tighten control over the country’s digital news and content websites with stricter requirements, after several earlier …