Searching for "12/12"
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Following reports that Japanese telecom and media corporation Softbank is seeking to acquire a stake in Line, Japan's most popular mobile instant messaging (IM) app, a number of reports in the Chinese media have surfaced that Chinese e-commerce conglomerate Alibaba Group is also considering an investment in the app. Read More
Guangzhou-based online game developer and operator Ejoy Information Technology, which was founded by Zhan Zhonghui, former co-COO of internet company Netease (Nasdaq: NTES), has announced that the company has landed nearly RMB 100 mln in first-round funding led by IDG Capital Partners. Read More
According to a source close to Chinese internet services and security software provider Qihoo 360 (NYSE: QIHU), the company has issued an internal notice requiring all employees to install Japanese-based mobile IM Line. Read More
Google is reportedly in talks with major Chinese internet companies to bring its shopping search service back to China, according to an industry source. Read More
Frank Lee, head of the Chinese division of NHN Japan's "Line" mobile messaging application, has announced during an interview with Chinese internet firm Sohu that Line is aiming for the number two spot in the Chinese mobile IM market, ranking behind only Chinese internet and mobile services firm Tencent's (0700.HK) WeChat (Weixin). Read More
Chinese internet company Baidu (Nasdaq: BIDU) quietly launched a new subdomain (gouwu.baidu.com) for its new "Baidu Sousuo Gouwu" (literally, "Baidu Search Shopping") service today. Read More