Short videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …
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 […]
Chinese telecom operator China Mobile announced its annual results for 2013 in Hong Kong, and those financial numbers did not impress. During the entire year of 2013, China Mobile’s operating revenue was CNY630.2 billion, a year-on-year increase of 8.3%; but its net profit was CNY121.7 billion, a year-on-year decrease of 5.9%. This is reportedly the […]
Sina’s financial report for the fourth quarter and the entire year of 2013 stated that its Weibo microblogging service realized a first-time operating profit of USD3 million in the fourth quarter of 2013. Sina Weibo also reportedly plans to launch IPO at the New York Stock Exchange in the second quarter of 2014. According to […]
Just as the hectic Chinese Lunar New Year holiday shopping and travel season peaks, two of China’s business titans have joined forces to make online shopping faster and easier. China UnionPay, Sina.com, and Sina’s payment subsidiary jointly announced that the three parties have reached a deal to further improve Internet payment services by integrating their […]
Sina.com and Alipay.com announced that the two parties will realize full intercommunication between Sina Weibo and Alipay accounts to provide convenient Weibo payment services to users in China. With the cooperation, users will be able to complete online payments on the Weibo microblogging platform as well as use for offline daily retail consumption with the […]
SocialTouch, one of the many startups in China trying their hand at monitoring Chinese social media, has raised its latest round of investment. The company’s Series C investment round was led by Sierra Ventures and included existing investors GGV Capital and Legend Capital. This new round of funding will be used for product development and […]
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 […]
Perhaps as a sign of the sinking values of Chinese Internet businesses, CDC Corporation, a portal website operator, media and exhibition organizer, has sold its Internet portal business China.com to Guoguang Global Media Holdings Limited for a paltry HKD90.8 million.
International voice service giant Nuance, which supports Apple’s Siri speech recognition technology, is reportedly seeking a content cooperation partner in China to expand the speech recognition market.
Qihoo 360’s search engine product has added a new Wikipedia-like encyclopedia service, which is reportedly undergoing internal testing and will be launched to the public soon.
An internal email from Chinese Web portal Sina.com has revealed structural changes at the company, including the establishment of a portal technology department.
Placing dogma over commerce, China’s Internet overlords have apparently been throttling down the speeds of Internet activity within China over the past few days as the National Congress of the Communist Party of China gets underway in Beijing.
Intel, Sina, China Standard Software, and Shanghai Jiao Tong University have jointly announced the establishment of China Open Source Cloud League.
Chinese Internet company Sina.com has started internal beta testing of its cloud store Yunshangdian.com, which provides click-to-use personal cloud services.
China’s State Council Information Office today issued updated draft guidelines for further strengthening government oversight of the Internet.
Google has formally launched the advertising trading platform DoubleClick Ad Exchange in China, aiming to help Chinese advertising networks, agencies and Internet publishers to realize real-time trading of Internet display advertising.
Whether related to the rumored murder charges against the wife of former Communist elite Bo Xilai or the earthquakes in Indonesia and Mexico over the last day, one thing is for sure: Internet connections to websites outside of China were intermittently not available to many users in China today.
Chinese application service provider UC will sue Tencent, the Chinese Internet giant, for alleged unfair competitive practices.
Chinese online media and mobile value-added services firm Sina Corporation says its profit fell more than 50% as it announced its unaudited financial results for the second quarter ended June 30, 2011.
Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.