Chinese Internet company Tencent’s online payment service Tenpay and American Express have reached cross-border payment cooperation and the two parties have jointly launched a new virtual payment product.
Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.
China Mobile International Limited and America’s Clearwire jointly announced that the two companies have signed a memorandum of understanding for the opening of TD-LTE international roaming services between China and America.
UCWeb, a leading provider of mobile Internet software technology and browser services in China, plans to establish its operating platform in America in 2012.
In meetings concluded last week in the central Chinese city of Chengdu, the United States and China agreed on a number of initiatives that may provide more fairness and transparency to foreign businesses operating in China.
Chinese telecom equipment maker Huawei announced that following its entry into the cloud computing market in 2010, the company has decided to establish its information technology product line, mainly providing customized cloud computing solutions.
CDC Corporation, the first Chinese Internet company listed in Nasdaq, has reportedly filed for bankruptcy protection.
Chinese Internet browser company Maxthon has announced the establishment of its U.S. branch in Silicon Valley, focusing on the technical research and marketing of its software.
United States Assistant Senate Majority Leader Dick Durbin has penned a letter to the chairman of China’s largest Internet search engine, asking for more transparency and greater adherence to human rights.
Chinese search engine Baidu.com and an e-commerce subsidiary of Alibaba, Taobao.com, have just been placed on the United States Trade Representative’s “Notorious Markets List”.
Chinese e-commerce company Alibaba.com has announced that it has launched local customer service business in India to increase its investments in this key marketplace.
Alibaba.com, the listed unit of the Chinese B2B e-commerce group Alibaba, has announced that it has reached a wholly purchase agreement with the American e-commerce company Vendio.
According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from the overseas markets will account for 20% of its total revenue in the next two years.
