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JD.com Announces '35711 Vision' for the Next Twenty Years
JD.com, 6/18/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
Rent Installment Platform 58 Fangdai Completes Series D Financing
iYiou, 1/19/17
Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has reportedly completed USD 8-digit Series D funding. Read More
JD.com to Shutter C2C E-commerce Platform Paipai by Year-end
JD.com, 11/10/15
Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) announced today through its official account on Tencent's WeChat mobile messaging app that its C2C e-commerce platform Paipai.com will cease taking new orders from December 31, 2015, and will be officially shut down by April 1, 2016. Read More
Tencent Establishes Film and TV Production Subsidiary Tencent Pictures
DoNews, 9/18/15
Chinese Internet and mobile services firm Tencent (0700.HK) announced yesterday that it has established Tencent Pictures, a wholly owned subsidiary focused on film and TV program production. Read More
LeTV to Raise RMB 7.5 Bln through Private Placement
LeTV, 5/26/15
Chinese online video and internet TV content provider LeTV (Leshi) (300104.SZ) has announced a plan to raise up to RMB 7.509 bln through a private offering of additional shares to no more than five designated investors. Read More
Fresh Food Delivery Site Dmall Secures USD 100 Mln Angel Funding
Beijing Business Today, 4/30/15
Shenzhen-based fresh food delivery site Dmall, which was founded by the former chairman of Chinese telecom equipment and terminal manufacturer Huawei Technologies' Honor smartphone brand Jeff Liu, has won USD 100 mln angel funding from IDG Capital. Read More
Uuzu to Invest RMB 2 Bln on Game Licensing and Promotion
DoNews, 3/27/14
Shanghai-based game developer and operator Uuzu Information Technology recently announced the company's "U+" strategy, by which Uuzu will invest RMB 2 bln over the next 3 years on recruitment, joint product development, licensed game publishing, and increased product marketing to help ensure that the company's games reach their revenue targets. Read More
ZQGame to Acquire Two Mobile Gaming Companies
National Business Daily, 8/14/13
Shenzhen-based online game developer and operator ZQGame (Zhongqingbao Interaction Network) (300052.SZ) announced today that it plans to invest RMB 357 mln and RMB 87.46 mln to purchase 51% stakes in two separate mobile gaming firms, Shanghai-based mobile game developer Morefun Digital Technology and Shenzhen-based mobile gaming company Small Technology, respectively. Read More
Alibaba Announces New Handsets, Rebranded OS
Sina Tech, 4/15/13
Chinese e-commerce conglomerate Alibaba Group has announced that the company has changed the Chinese name of its Aliyun OS mobile operating system from "Aliyun OS" to "Ali Mobile OS" (unofficial translation). Read More
Rumor: Baidu to Establish Online Literature Site
Sohu IT, 4/11/13
Chinese internet company Baidu (Nasdaq: BIDU) is reportedly seeking to hire editors departing online literature site Qidian, a subsidiary of Shanda Interactive's online literature arm Shanda Cloudary, and is attempting to lure away Qidian authors with higher offers as part of a plan to set up its own online literature site. Read More
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