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Japan's Line Aims for No.2 in China's Mobile IM Market
Sohu IT, 5/26/13
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
Mobile App Developer Tongbu Lands 8-Digit RMB Funding
Tencent Tech, 10/20/11
Kai-fu Lee, chairman and CEO of Beijing-based incubator Innovation Works, and Mike Cai, chairman of Chinese browser game site 4399.com, have acquired a 40% stake in Xiamen-based mobile app developer Tongbu Mobile (Tongbu.com) for an eight-digit RMB sum. Read More
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