English Learning Website Gains Investment From Chinese Firms
Chinese e-commerce group Alibaba announced plans to invest in online English learning website TutorGroup. Along with investors Temasek and Qiming Venture Partners, the total investments made in this round with Alibaba are nearly USD100 million. This is reportedly the second round financing for TutorGroup. The company said that with the new investments, TutorGroup plans to […]
Sohu.com Establishes New R&D Center In Wuhan
Chinese Internet company Sohu.com has announced plans to build a new research and development center in Wuhan, Hubei province, and it will set up a joint laboratory in collaboration with Huazhong University of Science and Technology.
Tencent Launches Innovative Application Lab In Tianjin
Aiming to encourage Chinese university graduates to start their own businesses and spread capitalism through China, Chinese Internet company Tencent announced the launch of its new innovative application lab in Tianjin.
Tsinghua University, Mozilla Launch Browser For IPv6
Tsinghua University and Mozilla China have jointly developed a new Internet browser product that is specially designed for IPv6.