In 2016, the world’s computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to …
Beijing, China, July 29, 2016 /ChinaNewswire.com/ – Project Pengyou announced this week that they have opened applications for their Leadership Fellows Program, to be held at Harvard University. The Project Pengyou Leadership Fellows Program is a highly selective leadership development program for students passionate about U.S.-China exchange. Successful applicants will travel to Cambridge, MA on … Continue reading “Project Pengyou Opens Applications for Leadership Fellows Program to Train Student U.S.-China Bridge-Builders”
Chinese taxi-hailing app Didi is now available in America and users can complete payment via WeChat or Alipay with automated …
Chinese Internet giant Tencent announced that the company has reached a deal with U.S.-based ESPN to become its exclusive sports …
China’s WeChat, the instant messaging app by Tencent, has Facebook’s WhatsApp, Japan’s Line, and Microsoft’s Skype service in its sights …
Alibaba has agreed to sell four of its American e-commerce assets to U.S.-based social shopping platform OpenSky. Alibaba will give OpenSky 11main.com, Auctiva, Vendio and SingleFeed in exchange for about a 37% stake in OpenSky. No financial details or exact timing on the deal are yet available, according to reports in foreign media. 11main.com is […]
Tencent reportedly invested USD60 million in the acquisition of a 20% stake in Pocket Gems, a start-up mobile game company in America. Tencent will gain one position on the board of directors at Pocket Gems, according to reports in foreign media. Founded in 2009, Pocket Gems is headquartered in San Francisco and the company is […]
Amazon China Z.cn announced that its official flagship store on Tmall.com has started trial operation and will be formally launched in April 2015. This flagship store will initially provide Chinese netizens with directly procured imported products, including shoes, food, wine, kitchenware, and toys. Products sold on Amazon’s Tmall flagship store will be delivered via Amazon […]
American mobile game developer Kabam announced that the company has gained a USD120 million investment from Alibaba Group. Kabam said in a statement that the funding will help the company realize growth and Alibaba will assign an executive to join the board of directors at Kabam. Kabam’s valuation reached over USD1 billion during this round […]
Chinese Internet company Tencent and American business technology website Business Insider reportedly signed a cooperation agreement, under which Tencent will become the exclusive content partner for Business Insider in Greater China. With the cooperation, Business Insider’s contents will be recommended to Chinese readers who pay attention to the global financial technology news via Tencent’s media […]
Singapore video service provider Viki has formed a partnership with Chinese search engine Baidu. Headquartered in Singapore, Viki hails itself as the “Hulu outside America”. In September 2013, the company was acquired by the Japanese e-commerce giant Rakuten for USD200 million. Viki is mainly engaged in providing high-quality movies and TV programs. With the help […]
ShopRunner, an American online shopping company and competitor to Amazon, has gained investments of USD206 million in the latest financing round, which is reportedly led by China’s Alibaba Group. This represents a major U.S. move for the Chinese e-commerce group, who is considering an initial public offering in the country. Prior to this, Alibaba already […]
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 […]
Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed during this adjustment, accounting for 40% of its total employees in North America.
China Mobile International Limited and America’s Clearwire jointly announced that the two companies have signed a memorandum of understanding for the opening of TD-LTE international roaming services between China and America.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has announced that it has reached a wholly purchase agreement with the American e-commerce company Vendio.