investment

Internet Death Knell As Group Discount Buying Websites Merge In China

Ftuan.com, a Chinese group buying website, and Gaopeng.com, the joint venture between Tencent and Groupon, have reportedly completed their merger…

13 years ago

China’s Tencent Invests USD1 Billion In E-commerce Subsidiary

Ma Huateng, chairman and chief executive officer of Tencent, has announced plans to invest USD1 billion in its independently operated…

14 years ago

China’s Tencent Invests CNY400 Million In South Korean Mobile Chat Application

Chinese Internet company Tencent revealed in its financial report for the first quarter of 2012 that the company acquired a…

14 years ago

Google Invests In New Taiwanese Data Center

Google announced that its new data center in Changhua, Taiwan, has started construction and it is expected to be launched…

14 years ago

China’s Tencent, Kingsoft Form Game Alliance

Chinese tech titans Tencent and Kingsoft will soon begin operating their online games together. (more…)

14 years ago

China’s Dangdang.com Lost CNY129.8 Million In Q4 2011

Chinese B2C e-commerce website Dangdang.com has published its unaudited financial results for the fourth quarter of 2011, stating that due…

14 years ago

Chinese Social Shopping Internet Search Engine Clears Investment Round

Chinese social shopping search engine B5M announced a USD7.1 million Series A investment round led by Oak Investment Partners and…

14 years ago

Amazon Tries To Save Cash By Halting Free Deliveries In China

Amazon.cn, the Chinese branch of the American Internet retailer, has adjusted its delivery standards and will now charge a CNY5…

14 years ago

Inspur International To Sell Chinese E-government Business

Hong Kong-listed information technology and outsource software development company Inspur International has published a report, stating that it will sell…

14 years ago

China’s Tencent To Acquire 49% Stake In Foreign Game Publisher

Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued…

14 years ago

Internet Lifestyle Portal Spins From China’s Search Engine Behemoth

Youa.com, the lifestyle information platform owned by Chinese search engine Baidu, has gained joint investments from the venture capital organization…

14 years ago

Changyou.com Acquires Chinese Gaming Information Portal

Chinese online game developer and operator Changyou.com Limited and its majority shareholder Sohu.com Inc. have jointly announced that the two…

14 years ago

Shanghai’s Lenian.cn Gains Investment To Boost Online Healthcare Sales

Shanghai-based e-commerce company Lenian.cn has gained a CNY20 million infusion from an investment management company in Hangzhou, China. (more…)

14 years ago

Former Alibaba VP Joins Meituan.com As COO

Chinese group buying website Meituan.com announced that Gan Jiawei, former vice president of Alibaba.com, will join the company as its…

14 years ago

China’s Tencent To Invest CNY1 Billion In Search Engine Development

Chinese Internet company Tencent has recently started a marketing campaign for its search engine product in Shanghai and this business…

14 years ago

Cloudary Invests In Chinese Mobile Reading Platform

Cloudary Corporation, the wholly-owned Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced a strategic investment in Byread.com, a…

14 years ago

Top Executives Quit Chinese Internet Advertising Company

Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the…

14 years ago

360buy.com Finally Launching Luxury Retail Website In China

A representative from the Chinese B2C retail website has confirmed that the company plans to launch its luxury website Toplife.com…

14 years ago

China’s Letv.com, Tudou.com Set Up Internet Video JV

Chinese Internet video website Tudou.com has announced that it has created a joint venture with another Internet video website, Letv.com,…

14 years ago

Chinese Tea Leaf B2C Platform Gains CNY100 Million Investment

The Chinese tea leaf B2C e-commerce platform Maimaicha.com, which is operated by Shandong Huaxia Chalian, has announced that it has…

14 years ago

China Dongxiang To Invest USD100 Million In Alibaba Group

China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba…

14 years ago

Sugon Launches Cloud Computing Strategy In China

Chinese server provider Sugon has announced its cloud computing strategy and displayed several cloud computing products, including a cloud basic…

14 years ago

Renren.com To Acquire 56.com For USD80 Million

Chinese social networking site Renren.com has announced plans to acquire the entire stake in 56.com, a Chinese video website, for…

14 years ago

U.S. Marriage Website Acquires 20% Stake In China’s Zhenai.com

U.S. Internet giant IAC/InterActiveCorp's marriage website Match.com has reportedly acquired a 20% stake in Zhenai.com, a marriage website in China.…

14 years ago

China’s Alipay.com Acquires OnCard Payments

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has reached an agreement with…

14 years ago

More Possible China E-commerce Acquisitions For eBay

eBay reportedly expects its Greater China sales in 2011 to increase by between 30% and 40%, and the company will…

14 years ago

Ganji.com Promotes Mobile Social Network In China

Chinese classified information website Ganji.com has updated its mobile client from the 1.0 version to 2.0, aiming to provide users…

14 years ago

Acer Makes Cloud Computing Move With U.S. Acquisition

Taiwan-based Acer plans to acquire U.S.-based iGware for USD320M plus another USD75M for performance-based earn-out. (more…)

14 years ago