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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020
CAICT, 1/07/21
As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
JD.com Releases E-commerce VR/AR Strategy
NetEase Tech, 9/06/16
Chinese B2C e-commerce platform JD.com (Nasdaq: JD) has announced at a press conference the company's e-commerce virtual reality (VR) and augmented reality (AR) industry strategy, including the formation of an alliance with more than 30 firms such as chipmaker Intel, Taiwanese mobile handset manufacturer HTC, graphics chip maker Nvidia, and VR firm Baofeng Mojing Technology. Read More
Qunar, Baofeng Cooperate on VR Travel Products
ChinaNews, 8/31/16
Chinese online travel services firm Qunar (Nasdaq: QUNR), the main shareholders of which are Internet firms Baidu (Nasdaq: BIDU) and Ctrip (Nasdaq: CTRP), and Internet video company Baofeng Group (300431.SZ) recently announced that they will jointly release several new virtual reality (VR) travel products for popular Chinese domestic tourism destinations. Read More
Baofeng Group to Establish Film and TV Drama Production Subsidiary
Baofeng Group, 7/17/16
Beijing-based media player software developer Baofeng Group (300431.SZ) recently announced that it has signed an agreement with affiliate Tianjin-based Baofeng Xinhui Business Management Partnership, Baofeng Group deputy general manager Lv Ning, and individual investor Wang Yuan to set up a film and TV drama production and distribution subsidiary. Read More
Baofeng to Spend RMB 3 Bln to Acquire Three Entertainment Companies
Baofeng, 3/14/16
Beijing-based media player software developer Baofeng (300431.SZ) recently said that it will issue stock and pay cash to acquire two online gaming companies and one film studio. Read More
DSP Advertising Provider Behe Lands RMB 20 Mln Funding
36Kr, 11/20/13
Liu Junfeng, founder of Beijing-based demand-side platform (DSP) advertising provider Behe, has revealed that the company completed RMB 20 mln in first-round funding in July, but declined to provide additional details regarding the investment. Read More
Xunlei Receives Warning Over Video Copyrights
Securities Daily, 1/04/12
The National Copyright Administration of China (NCAC) has added online P2P video service provider, download accelerator software developer, and online game operator Xunlei to its copyright non-compliance list for the first time in its recent audit of 18 online video sites due to Xunlei's failure to provide a complete list of its TV drama content and relevant licenses. Read More
Baofeng Selects Underwriters for 2012 US IPO
ChinaTimes, 10/29/11
Feng Xin, CEO of Chinese media player developer Baofeng, revealed recently that the company plans to IPO on a US stock exchange next year, and said that underwriters have been selected although he declined to identify them. Read More
Chinese Online Video Sites to Share Licensed Content
DoNews, 3/17/11
Several Chinese online video service providers including LeTV (300104.SZ), Tencent (0700.HK), PPLive (PPTV), Xunlei, Baofeng, and Joy.cn have jointly established an "Online Cinema Licensing Alliance." Read More
Baofeng Licenses Video Content from Sunshine Media
Tencent Tech, 2/16/11
Chinese media player software developer Baofeng has released a "Theater in the Clouds" service in partnership with Shanda Interactive (Nasdaq: SNDA) copyright management platform subsidiary Sunshine Media. Read More
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