Tag: investment

How Fast Are Venture Capitalists Moving To Cure China’s Ills?

Shanghai, China, September 14, 2017 /ChinaNewswire.com/ – China Money Network, a leading intelligence platform on China’s private markets, is proud to host the China Healthcare Investor Forum 2017, which features prominent Chinese venture and private equity investors. Top dealmakers from KPCB, CDH Investments, Lilly Asia Ventures and OrbiMed will gather on September 19 in Shanghai… Read More

China Money Network Launches China Top 10 AI Ranking

Hong Kong, China, March 10, 2017 /ChinaNewswire.com/ – China Money Network Limited, the go-to source of Chinese smart investments and tech innovation news for millions of global investors, today launches the China Top 10 AI Ranking to highlight the country’s finest artificial intelligence companies. China’s best artificial intelligence companies are engaged in a variety of… Read More

China Private Real Estate Investment Roundtable Features Top Investors From Blackstone, CITIC Capital And More

Shanghai, China, May 27, 2016 /ChinaNewswire.com/ – China Private Real Estate Investment Roundtable 2016, organized by China Money Network, will gather China’s most successful private real estate investors from leading deal makers from Kai Long Fund, Everbright Ashmore, CITIC Capital, V Capital and more. The high level event, to be held from 16:30 to 19:30 … Continue reading “China Private Real Estate Investment Roundtable Features Top Investors From Blackstone, CITIC Capital And More”

Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com

Dalian, China, May 9, 2016 /ChinaNewswire.com/ – Financial technology, e-commerce, and online payments are all booming industries in Asia, especially in the largest markets of China, India, and Japan. From startup fintech incubators in Hong Kong to e-commerce vendor aggregators in Mumbai to huge online payment services in Hangzhou, many banks, traditional industries, and Internet … Continue reading “Fintech In Asia Gains Momentum As Consolidation Continues Says FintekAsia.com”

Pullman Widens Network Expansion With The Latest Addition In Qingdao

Qingdao, Shandong, December 30, 2015 /ChinaNewswire.com/ – AccorHotels announces the opening of Pullman Qingdao Ziyue. The newly-built hotel featuring 238 rooms is the latest upscale address to be added in the fast growing Pullman network in Greater China where the brand’s portfolio has grown to 26 operating hotels. ‘We are thrilled with the latest opening … Continue reading “Pullman Widens Network Expansion With The Latest Addition In Qingdao”

While Blocked In Mainland China, Facebook Heads To Taiwan

Taiwanese government officials revealed that Facebook plans to build a data center in Changhua, Taichung. Commenting on the news, Facebook confirmed that they did find a suitable location in Taiwan to build a new data center; however, they have not yet made the final decision. The government officials from Changhua said that Facebook hired a […]

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 […]

IHG and SEC announce the development of the InterContinental Shanghai National Exhibition and Convention Center

Shanghai, China, December 2, 2015 /ChinaNewswire.com/ – The world’s leading hotel company, InterContinental Hotels Group (IHG), and the Shanghai EXPO Co., Ltd (SEC), announced the development of the InterContinental Shanghai National Exhibition and Convention Center today. The hotel will be an integral part of the National Exhibition and Convention Center (Shanghai) (NECC) — the world’s … Continue reading “IHG and SEC announce the development of the InterContinental Shanghai National Exhibition and Convention Center”

What Chilling Effect Would Alibaba’s Investment Have On Free Media?

The e-commerce giant Alibaba Group is reportedly planning a newspaper investment in Hong Kong’s South China Morning Post, according to multiple reports in Chinese local media. However, neither side has commented on or verified the news. South China Morning Post is reportedly the largest English-language newspaper in Hong Kong, with a circulation of about 110,000 […]

Legend Holdings Invests In Chinese Social Mobility Company

Legend Holdings announced a USD58.5 million strategic investment in Social Touch, a corporate mobile social marketing solutions provider in China. Social Touch, which was formerly known as ShiquTech, was established in 2011. As a social management system, service and data solutions provider, the company mainly focuses on providing Social CRM solutions to enterprises. Commenting on […]

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 […]

Chinese Social Media Aggregation Site Shuts Down

Chinese forum aggregation site Daqi.com formally announced its closure. Daqi.com published a notice on its official website which says they terminated the offering of content services with immediate effect. They apologize for inconvenience caused and appreciate the understanding of users. Founded in November 2004, Daqi.com was originally known as ChinaBBS.com and it is one of […]

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 […]

China’s Online Travel Sector Finds Big New Investment

Who said only Ctrip and eLong ruled the Chinese Internet travel world? LY.com, one of China’s many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital. As the lead investor, Wanda Culture Industry Group invested CNY3.58 billion in […]

China’s Tencent Invests In Another American Mobile Game Firm

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 […]

58.com Acquires ChinaHR.com

Chinese classified information website 58.com announced that the company has acquired the well-known recruitment website ChinaHR.com. However, no financial details were immediately available. On the completion of the acquisition, ChinaHR.com will maintain its independent operation, brand, and team. As a result of the acquisition, Ireland’s Saon Group, former parent company of ChinaHR.com, will withdraw itself […]

What’s The Future For Taxi Apps In China?

On Valentine’s Day, two of China’s taxi-hailing apps agreed to merge. But is this a good business decision and does it benefit consumers in China? China’s two leading taxi-hailing apps Didi Dache and Kuaidi Dache jointly announced on February 14, 2015, that the two companies will realize a strategic integration and they will hold an […]

Suning Appoints Management Committee Chairman For PPTV

China’s Suning announced plans to increase its strategic investment in PPTV, a Chinese video website. At the same time, its board of directors appointed Fan Zhijun, executive president for Suning in East China, as chairman of the management committee at PPTV. Suning said that over the past year of transition, the strategic integration of PPTV […]

Shanghai Boshiyuan Acquires Stake In Leading Chinese Travel And Lifestyle Social Networking Website

Shanghai, China, July 9, 2014 /ChinaNewswire.com – Xinwengao.com/ – Shanghai Boshiyuan Advertising Ltd., a Chinese leader in direct marketing and CRM for the travel and hospitality sector, has acquired a substantial minority equity stake in ChinaExpats.com, which hails itself as “The Social Network for Working, Living & Traveling China” and currently boasts over 100,000 registered … >>>

This press release has been syndicated from China Newswire – Social Media Content Marketing Press Releases For China

Letv.com Acquires Full Stake In Huaer Entertainment For CNY900 Million

Chinese Internet video company Letv.com is buying a 100% stake in Dongyang Huaer Entertainment Media Co. Ltd. for CNY900 million. After the acquisition, Liu Hong, chief executive officer of Letv.com, will become chairman and general manager of Huaer Entertainment. Liu will control the operating planning and business direction of the company to realize its coordination […]

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 […]

17u.cn Gains CNY500 Million Investment To Grow Chinese Internet Travel Business

Chinese tourism booking platform 17u.cn announced that the company has received a CNY500 million investment from Tencent, Boyu Capital, and Oriza Holdings. According to 17u.cn, the company still maintains the controlling stake after receiving the investment and the company still aims at an independent IPO in the future. Wu Zhixiang, chief executive officer of 17u.cn, […]