Nintendo, Tencent Reach Deal For Arena Of Valor

Japan’s Nintendo reached an agreement with China’s Tencent to launch Tencent’s popular game “Arena of Valor” on Nintendo’s Switch this …

Cheetah Mobile’s Live Show Subsidiary Gains USD60 Million Investment

Chinese mobile Internet security company Cheetah Mobile announced that its live show subsidiary Live.me Inc signed a USD60 million fund …

China’s Tencent Becomes Largest Gaming Company In The World

China’s Tencent Games achieved operating revenue in 2016 of USD10.2 billion, a year-on-year increase of 17%, which makes it the …

Sony To Sell PlayStation VR In Hong Kong, Taiwan In October

PlayStation VRJapanese electronics company Sony announced that they will start selling their virtual reality head-mounted display product PlayStation VR in Hong …

Japanese Cosmetics Gain Internet Boost In China Via New Agreement

BioreJD Worldwide, the cross-border online shopping platform of JD.com, reached a strategic cooperation agreement with Japanese daily commodity and cosmetics …

WeChat Amps Up Competition With New Phone Call Function

China’s WeChat, the instant messaging app by Tencent, has Facebook’s WhatsApp, Japan’s Line, and Microsoft’s Skype service in its sights …

Uniqlo Closes Chinese Internet Shopping Retail Site

Days after a sex video filmed in Uniqlo’s Beijing store blew up the Chinese Internet, the Japanese apparel retailer says it has closed its flagship store on JD.com. The store was shuttered on July 20, 2015, after only three months of operation. On April 8, 2015, Uniqlo and JD signed a cooperation agreement and Uniqlo’s […]

Baidu Will Acquire Japanese Advertising Company

Chinese search engine company Baidu announced that they will acquire a controlling stake in popIn, a native advertising company in Japan. According to the terms of the transaction, popIn’s existing management team will be able to independently operate its businesses within the enterprise architecture of Baidu. On the completion of the acquisition, Baidu’s advertising platform […]

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 […]

JD.com Formally Launches Cross-border E-commerce Platform

Chinese B2C e-commerce provider JD.com formally launched its cross-border Internet shopping services, which allows Chinese users to conveniently purchase quality products from many countries and regions such as the U.S., France, U.K., and Japan. This new platform will first offer over 150,000 kinds of products and 1,200 brands in 450 stores. Those products cover maternal […]

China’s Baidu Bids Sayonara To Japanese Search Engine

Following several years’ operation in the Japanese market, Chinese search engine company Baidu announced a decision to close its Japanese search engine service Baidu.jp. A spokesperson from Baidu confirmed that the Japanese search engine has been shut down. However, the spokesperson quoted in local Chinese media said they will not rule out the possibility to […]

Japanese E-commerce Firm Makes Chinese Rebate Investment

Japan-based Rakuten has taken a minority stake in Fanli.com, one of China’s online rebate and rebate-based flash sale companies. The C-series round values the Chinese online shopping company at approximately USD1 billion. As part of this investment, Kevin H. Johnson, CEO of Ebates, a Rakuten Group company, will join Fanli’s board of directors. Rakuten’s investment […]

South Korea’s Lotte.com Inks Internet Payment Deal With China’s Alipay

Chinese third-party Internet payment company Alipay revealed that the company has reached a deal with South Korean website Lotte.com to provide a RMB payment channel to Chinese users who shop on the website. Furthermore, the products purchased on the website will be directly shipped from South Korea to China. Lotte.com and the Lotte duty free […]

DeNA China CEO Resigns

Wang Yong, chief executive officer of DeNA China, announced in an internal email that he will resign his position as CEO at the end of January 2014. Wang also said after his resignation, Ren Yi, vice president of DeNA China, will take control of the China business. This has reportedly all been confirmed and decided […]

Twitter’s IPO Showcases Chinese Growth Hurdles

Twitter’s just-released initial public offering prospectus shows China is still an important deficit in its global growth strategy. In Twitter’s F-1 IPO statement, the company said it is raising USD1 billion, which is largely a pro forma number until the company calculates fees and eyes its roadshow. The company recorded USD317 million in revenue in […]

Japan’s Gree Closes Chinese Social Gaming Office

Japanese social game giant Gree announced the future strategy for its overseas offices, and the company said it will close the office in China.

China Mobile, NTT DoCoMo, Korea Telecom Launch Global NFC Roaming Service

China Mobile, Japan’s NTT DoCoMo, and South Korea’s Korea Telecom announced that the three parties have reached an agreement for a series of mobile phone services, aiming to realize cross-border payment services with the near-field communication function on mobile phones.

Aliyun, Mogo Team For Mobile Development Promotion Platform In China

Mogo, a Chinese mobile advertising platform, revealed to the local media that it has formed a strategic partnership with Aliyun, the cloud platform of Alibaba Group, to jointly provide one-stop solutions to application developers.

China’s Shanda Works With Square Enix For Mobile Gaming

Chinese online game developer and operator Shanda Games and Japanese video game develop Square Enix jointly held a press conference in Seoul, South Korea, to announce that the two parties will implement strategic cooperation in mobile game sector.

China’s Renren.com To Cooperate With Singapore Game Developer

Social networking site Renren.com announced that it will work with Singapore game developer Nubee to jointly provide Nubee’s Japan Life to users of Renren.com in China.

Apple Launches iTunes Store In Hong Kong

Apple has confirmed that it has launched its iTunes store in 12 new markets in Asia, including Hong Kong, allowing its users in these regions to buy and download music and videos more conveniently.

China’s Tencent To Introduce Overseas B2C Services In 2012

Chinese Internet company Tencent will soon launch its Internet shopping platform Buy.qq.com, which plans to introduce an overseas B2C service in 2012.

China’s Perfect World Announces JV Plan With Nexon Korea

Perfect World Company Limited, an online game developer and operator in China, has formed a new joint venture with Nexon Korea Corporation, a global online entertainment company and publisher of micro-transaction-based massively multiplayer online games, to manage and operate online games in South Korea.

Renren.com Ties Knot With Japanese Partner For Marriage Website In China

Chinese social networking site Renren.com and Japanese human resources and Japanese media group Recruit Company Ltd. have reached an agreement to jointly establish a marriage-oriented social media platform in China.

Shanghai UltiZen Games Sees Red With Japanese Acquisition

Shanghai-based game developer UltiZen Games Limited has announced that it has acquired the Japanese game developer Red Entertainment Corporation Limited, but no financial details surrounding the transaction are currently available.

Baidu.com To Close Youa E-commerce Business In One Month

Chinese Internet search engine company Baidu.com announced last week that it has started business adjustments concerning its Youa platform, and the consumer-to-consumer business of the platform will be closed in one month.

Japanese SNS Opens Office In Beijing

The Japanese social networking site Gree plans to open three new offices in Beijing, Singapore, and London, respectively, to expand its overseas markets.

Japanese Mobile Phone Gaming Platform To Enter China Next Month

DeNA, Japan’s leading mobile phone gaming company, plans to enter the Chinese market in late February 2011 by introducing a gaming application software platform in China.