investment

Renren.com Teams With Youku-Tudou To Grab More Online Video Users

Chinese Internet video company Youku-Tudou Group and Chinese social networking website Renren.com have formed a strategic partnership for platform and…

13 years ago

Tencent Cuts Staff In North American Game Studio

Chinese Internet company Tencent recently completed its staff layout in its North American office, and about 20 employees were dismissed…

13 years ago

China’s Baidu Acquires PPS For USD370 Million

Chinese search engine company Baidu Inc. has acquired PPS, an Internet video company, for USD370 million and it will integrate…

13 years ago

Changyou Acquires Remaining Stake In 7Road For USD78 Million

Changyou.com, the online game subsidiary of Sohu.com, reached an agreement with all minority shareholders of 7Road aiming to acquire the…

13 years ago

Alibaba Takes Weibo Stake From Sina.com

Chinese B2B e-commerce company Alibaba Group has inked a deal with Chinese Web portal Sina.com for a wide range of…

13 years ago

Chinese Social Media Travel Website Gains USD15 Million Investment

With the backdrop of worries over a tourism drop in China because of the avian flu, Mafengwo.cn, a Chinese tourism…

13 years ago

Juhuasuan.com Is Alibaba’s Latest Foray Into Hong Kong And Taiwan

Chinese e-commerce group Alibaba has launched the overseas version of its group buying website Juhuasuan.com for Hong Kong and Taiwan…

13 years ago

Rumor: Baidu.com May Acquire Chinese Lifestyle Internet Company

Chinese search engine company Baidu Inc. reportedly intends to acquire the lifestyle information provider Aibang.com. (more…)

13 years ago

Tencent Adjusts E-commerce Subsidiary Structure In China

According to an internal email reportedly sent by Bu Guangqi, chief executive officer of Tencent's e-commerce subsidiary 51buy.com, the company…

13 years ago

Vancl.com Announces Full Acquisition Of Crucco

Chinese B2C e-commerce website Vancl.com announced that it will acquire the apparel e-commerce brand Crucco with an undisclosed amount of…

13 years ago

Chinese Software Developer Community Raises Funds

CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project. (more…)

13 years ago

China’s Velo, Didatuan Announce Integration

Chinese coupon provider Velo and group buying website Didatuan.com announced via internal emails that the two companies have completed a…

13 years ago

Ireland’s Saongroup Acquires 90% Stake In ChinaHR.com; Half Staff Will Lose Jobs

Ireland's Saongroup.com reached an agreement before the Chinese New Year began with America's Monster for the acquisition of its Chinese…

13 years ago

Baidu’s Financials Disappoint Investors Looking For China Internet Growth

Chinese Internet search engine company Baidu Inc. disappointed investors as it posted its fourth quarter and fiscal year 2012 financial…

13 years ago

China’s 360buy.com Launches Cloud Computing R&D Center In Beijing

Chinese B2C e-commerce website 360buy.com held the opening ceremony for its Haidian cloud computing research and development base in Yiyuan…

13 years ago

Rumor: ChinaHR.com May Be Dumped By Parent Company For Measly CNY55 Million

Chinese Internet recruitment website ChinaHR.com reportedly may be sold by its parent company Monster at a price as low as…

13 years ago

Letv.com To Invest CNY100 Million To Support TV Apps

Yang Yongqiang, chief technology officer of the Chinese Internet video website Letv.com, announced the launch of a new project to…

13 years ago

Chinese Real Estate Website Builds Headquarters In Shanghai

Chinese real estate portal Soufun.com has officially established a headquarters in Shanghai to support its operation in 15 cities in…

13 years ago

China’s Gome Invests CNY1 Billion In Maternity E-commerce Website

Chinese electronics and home appliances retailer Gome's e-commerce website and the maternal and baby products website Qinqinbaby.com have signed a…

13 years ago

China’s Shanda Appoints New Subsidiary President

An internal email from Shanda confirmed that the company has appointed Qiu Wenyou, former managing director of Bank of America…

13 years ago

Suning.com Formally Acquires Redbaby For USD66 Million

Suning.com, the e-commerce platform of Chinese electronics retailer Suning, announced that it has invested USD66 million to acquire the Chinese…

14 years ago

Redbaby.com Acquisition Should Be Completed Soon

A representative from Suning.com, the e-commerce platform of electronics retailer Suning, told local media that their negotiation for the acquisition…

14 years ago

Chinese Liquor B2C E-commerce Website Gains New Investment Round

Chinese spirits and alcohol B2C e-commerce website Jiuxian.com announced that the company has gained additional investment of CNY200 million. (more…)

14 years ago

Baidu Pushes Cloud Computing Resources To Shanxi

Chinese search engine provider Baidu Inc. has started a new cloud computing center project in Shanxi's Yangquan, hometown of Baidu's…

14 years ago

Dianping.com Dines On USD60 Million Investment

Chinese lifestyle and restaurant information listings website Dianping.com has confirmed to local media that the company has completed its latest…

14 years ago

Xiaomi To Acquire MSNLite Team For PC-based IM Development

Chinese smartphone maker Xiaomi has announced plans to acquire the MSNLite team, which will focus on the research and development…

14 years ago

Chinese Group Buying Websites Merge Under Unified Brand

Chinese group buying website Ftuan.com announced that its physical company has been renamed from Beijing Kala Interactive Technology Company Limited…

14 years ago

China Unicom Invests CNY12.3 Billion For Cloud Computing In Northwest

China Unicom held the groundbreaking ceremony for its new base in northwest China, which aims to promote the development of…

14 years ago