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Ele.me Opens Drone Delivery Routes
Tencent Auto, 5/29/18
Online food ordering platform Ele.me, operated by Shanghai-based Rajax Information Technology, announced today the opening of China's first drone on-demand delivery routes. Read More
Digital Signature Platform BestSign Raises RMB 100 Mln Series B Funding
iHeima, 3/05/18
Hangzhou-based Shangshang Qian Network Technology, operator of online and mobile contract-signing platform BestSign, recently announced completion of RMB 100 mln in Series B funding led by Morningside Ventures, with participation from existing shareholders Matrix Partners China, DCM Ventures, Shunwei Venture Capital, and software developer and online entertainment provider Kingsoft (3888.HK). Read More
Alibaba Invests in Electric Car Maker Xpeng Motors
Sina Tech, 12/10/17
Chinese internet conglomerate Alibaba (NYSE: BABA) recently invested in Guangzhou-based Xiaopeng Motors Technology, the operating entity behind electric car maker Xpeng Motors. Read More
Baidu, Xiaomi, Qihoo 360 Invest in Anti-Fraud Solutions Provider Nextdata
Lieyunwang, 3/02/17
Beijing-based anti-fraud solutions provider Shumei Times Technology (Nextdata) recently announced completion of USD 10 mln in Series A funding from Shunwei Capital Partners, Crystal Stream, internet company Baidu's (Nasdaq: BIDU) VC arm Baidu Ventures, and internet services and security software provider Qihoo 360. Read More
Cheetah Mobile Acquires Global News Aggregation App 'News Republic'
Sina Tech, 8/02/16
Chinese mobile internet company Cheetah Mobile (NYSE: CMCM), a subsidiary of Kingsoft (3888.HK), has announced it will acquire global news aggregation app News Republic for USD 57 mln. Read More
Kingsoft Signs Game Co-operation Deal with YY VIE Huaduo
Kingsoft, 12/30/14
Chinese online game developer and operator Kingsoft (3888.HK) has announced that it has signed a 3-year framework agreement covering the joint operation of online games with Guangzhou-based online game operator Huaduo Group (Guangzhou Huaduo Internet Technology Limited and its subsidiaries). Read More
Focus Media, Westhouse Partner on Mobile Gaming
DoNews, 9/22/14
Chinese advertising network operator Focus Media and mobile game developer Westhouse, a subsidiary of Chinese internet company Kingsoft (3888.HK), have jointly announced that the companies will partner on mobile game online and offline advertising, as well as mobile game distribution. Read More
Rumor: Xunlei Lands USD 310 Mln in New Funding
Sina Tech, 4/04/14
According to a financial industry source, Chinese internet company Xunlei has landed USD 310 mln in Series E funding led by Beijing-based Android device maker Xiaomi with a USD 200 mln investment. Read More
Update: Xiaomi to Establish Interactive Entertainment Division
Sohu IT, 2/25/14
Shang Jin, GM of Beijing-based Android device maker Xiaomi's gaming business unit, has confirmed that Xiaomi has reorganized its MiTalk mobile instant messaging (IM) and Xiaomi Game Center teams under a newly established "Xiaomi Interactive Entertainment" business division. Read More
Xiaomi Establishes Payment Subsidiary
Lieyunwang.com, 2/08/14
According to data from the Beijing Administration for Industry and Commerce (BAIC), Beijing-based Android device maker Xiaomi has established a mobile payment subsidiary, "Xiaomi Payment Technology" ("Xiaomi Zhifu Keji"). Read More
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