Accor Ambassador Korea launches two ibis hotels in Seoul and Busan

Shanghai, China, September 6, 2016 / – Accor Ambassador Korea has announced its joint partnerships with CAPSTONE Asset Management and Dongnam Holdings to launch ibis Ambassador Seoul Dongdaemun and ibis Ambassador Busan Haeundae respectively bringing the country’s hotel network to 19 properties. The only international hotel management company based in South Korea, Accor Ambassador is… Read More

Chinese Campus Social Networking App Gains Investment

tataufoFacebook began as a campus-wide social network for students, and a newly-invested business in China is claiming a similar origin …

China’s Ali Music Rubs Elbows With Baidu In Korea

kpopAli Music Group, the music branch of Alibaba Group, announced that they will implement a music and e-commerce business cooperation …

Linekong’s Chinese Online Game Net Profit Down 44%

Chinese game developer and publisher Linekong recently released its semi-annual financial report ended June 30, 2015, stating that its net profit decreased by 44% compared with the same period of last year. Linekong’s operating revenue for the second quarter of 2015 was CNY187 million, which decreased by 65% over the first quarter. From January 1 […]

South Korea’s 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 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. and the Lotte duty free […]

Singapore Video Provider Partners With Baidu

Singapore video service provider Viki has formed a partnership with Chinese search engine Baidu. Headquartered in Singapore, Viki hails itself as the “Hulu outside America”. In September 2013, the company was acquired by the Japanese e-commerce giant Rakuten for USD200 million. Viki is mainly engaged in providing high-quality movies and TV programs. With the help […]

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 […]

Giant Cooperates With South Korean Game Developer For New Product Launch

Chinese online game developer and operator Giant Interactive Group and South Korean game developer and operator Ntreev Soft Company Ltd. signed an agreement in Shanghai for the launch of a new product in China.

Uber Faces Uphill Battle To Control Taxis In China

American taxi service application Uber reportedly is seeking to fill several new job positions in Asia Pacific cities such as Seoul, Beijing, Shanghai, Hong Kong, Taipei, and Bangalore, representing the company’s intention to vigorously expand into international markets.

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.

South Korea’s Lotte Opens Chinese Online Duty Free Store

Lotte’s duty free store has launched the Chinese-language Internet shopping website, providing convenience to the ever-growing Chinese tourists in South Korea.

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 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 13.84% stake in KakaoTalk, a South Korean mobile communication application, for CNY403 million.

Google Says Email Hacking Likely From China

Google says a likely phishing attack from Jinan has targeted hundreds of its Gmail email users.

Tencent To Operate New South Korean Online Game In China

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.

CNNIC Says Chinese Internet Users Break 420 Million Mark

The China Internet Network Information Center has published its 26th report on the development of the Chinese Internet.

Official Taian Mount Tai Travel Website Adds Japanese And Korean

Sponsored by Taiwan Tourism Administration, the China Taian Mount Tai Travel Information Website has launched its Japanese and Korean versions targeting major inbound tourist source markets of Taiwan: Japan and South Korea.

China’s To Buy 200 Television Series From South Korea’s SBS

Chinese video website has announced that it has reached an agreement with the South Korean television station SBS to buy all TV series produced by the TV station.