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 …
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 …
Me Too! Simtoo Gains Drone Funding In China From Renren
Simtoo, a Shenzhen-based drone manufacturer, has reportedly closed a RMB72 million funding round. Chinese social networking company Renren Inc co-led …
Sony To Sell PlayStation VR In Hong Kong, Taiwan In October
Japanese electronics company Sony announced that they will start selling their virtual reality head-mounted display product PlayStation VR in Hong …
CNY2 Billion Deal Amps Up Chinese Smartphone’s Appeal
Chinese mobile phone retail channel provider D.Phone and Letv have reached a strategic deal with total value of CNY2 billion. …
Lenovo Begins Major Business Reshuffle Next Week
It probably hurts to be a manager at Lenovo today. Nearly all of the company’s business groups face upheaval in …
Chinese Mobile Phone Users Sent 699.2 Billion Texts Last Year
Chinese mobile phone users sent out a total of 699.2 billion short messages in 2015, according to statistics from the …
Suning Appoints New CEO (Yet Again) For PPTV
PPTV’s employees have received an appointment notice stating that Mi Xin will become new president and chief executive officer of PPTV, according to an insider from the company. Since being acquired by Suning in 2013, PPTV’s CEO has changed three times. The notice included three appointments. Fan Zhijun was appointed chairman of management committee of […]
Tmall.com Teams With Oil Giant For Mobile Payments
Chinese B2C e-commerce platform Tmall.com and China National Petroleum Corporation’s Hunan branch will integrate their resources to launch a mobile payment service model. Tmall.com, which is a subsidiary of Alibaba, said that the company will integrate Alibaba’s ecosphere to help CNPC Hunan implement an “Internet Plus” transformation that includes an online store, mobile payment, big […]
Hong Kong Mobile OS Company Aims To Beat Android, Apple
The freshly-minted Hong Kong-based mobile operating system company Acadine Technologies is hoping to make room for itself among the ubiquitous of Android and iOS devices. The company says it received USD100 million in its first round financing from China-based Tsinghua Unigroup International. Acadine is so new, that only yesterday, July 15, did it register and […]
Letv.com Establishes New Beijing Company For Mobile Phone Development
According to data from the Beijing Administration for Industry and Commerce, Letv has registered a new company named Letv Mobile Smart Information Technology (Beijing) Company Limited, with registered capital of CNY20 million. The business scope of this new company covers production and development of mobile phones and sales of communications devices, electronic products, mechanical equipment, […]
JD.com Goes Social With Mobile Instant Messaging App
Chinese B2C e-commerce website JD.com announced the launch of its free instant messaging product “Jingdong Dongdong” for individual users. This product is mainly used for communications between individual users. It also has a customer service consulting function. JD.com previously released the PC beta version of this product and the one launched this time is an […]