ZTE, JD Form Strategic Partnership For Marketing

ZTE and JD Group announced the signing of a strategic cooperation agreement in New York under which the two parties …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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. …

Momo Cancels Go-Private Deal To Focus On Live Short Video

momoChinese mobile social networking firm Momo Inc. says an investor group including chairman and CEO Tang Yan has withdrawn its …

Tencent’s New Quarterly Results Show Strong Growth In Cloud Computing

tencentTencent Holdings recorded gross revenue of RMB35.691 billion (US$5.382 billion) during the second quarter, a 52% increase over the same …

Alibaba’s Chief Bets Big On Internet Gambling, Which Is Banned In China

wasting moneyDon’t believe anyone who says Alibaba.com’s founder Jack Ma doesn’t intend to upset the status quo and sense of stability …

Chinese Firm Buys Into Mobile Game Data Analytics

driver in car on mobile phoneChinese mobile marketing platform Mobvista announced that the company will invest USD11.72 million to acquire a 90.01% stake in GameAnalytics, …

Tencent Grabs More Of Your Headspace In China

musicChina Music Corporation and Tencent Group joint announced that they have reached an agreement to implement a digital music business …

Chinese Campus Social Networking App Gains Investment

tataufoFacebook began as a campus-wide social network for students, and a newly-invested business in China is claiming a similar origin …

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. …

MSN Ceases Chinese Operations

MSN China endsMicrosoft’s portal website in China at Cn.msn.com will stop providing its Simplified Chinese services from June 7, 2016. Cn.msn.com is …

China’s Baidu Misses Expectations As Net Profit Crashes 18.9%

Baidu mobile appChinese search engine company Baidu published its unaudited financial report for the first quarter ended March 31, 2016, stating that …

Who’s To Blame For Apple’s China Closure?

blameApple’s iTunes and iBook users in China the past few days have been unable to access their accounts and data …

Americans Can Now Use China’s Didi Ride Hailing App

ride hailingChinese taxi-hailing app Didi is now available in America and users can complete payment via WeChat or Alipay with automated …

China’s Xiaomi Eyes Bollywood With Latest Investment

Bollywood musicChinese smartphone maker Xiaomi recently led the investments of USD25 million in Hungama Digital Media Entertainment, an online music and …

Apple’s iPhone SE Receives Over 3.4 Million Orders In China

iPhone SEApple’s new 4-inch smartphone iPhone SE had received over 3.4 million orders in the Chinese market. According to statistics provided …

China’s 58.com Gears Up For New Tech Growth

58comIts homepage may appear staid and plain, but the backend technology running Chinese classified information website 58.com is ramping up …

China’s Youzu.com Acquires German Game Maker For CNY580 Million

FarmeramaYouzu.com announced that its wholly-owned subsidiary Yousu GmbH signed a share purchase agreement with Germany’s Bigpoint Investments GmbH, aiming to …