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Karaoke Solutions Provider Thunderstone Completes RMB 200 Mln Series B

36Kr.com, 8/16/18

Beijing-based Bohui Tiandi Technology, operator of karaoke system software brand Thunderstone Technology, has announced the completion of nearly RMB 200 mln in Series B funding led by China Minsheng Investment Group, with participation by the company's founder, Morningside Ventures and Beijing Yuemi Technology. Read More

Gaming SNS App 'Laoyuegou' Obtains RMB 200 Mln Series C Funding

36Kr.com, 2/26/18

Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More

Ali Sports Launches E-sports Competition, E-sports Open Platform

Ali Sports, 3/31/16

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) sports subsidiary Ali Sports has announced the establishment of an e-sports tournament and an e-sports business division, as well as the launch of an open platform for e-sports. 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

Rumor: The9 Licenses 'Wolong Legend' for RMB 10 Mln

DoNews, 11/26/13

Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) has purchased the exclusive operating rights for Three Kingdoms-themed mobile card game Wolong Legend from Shanghai-based mobile game developer Unico for more than RMB 10 mln. Read More

Netease to Invest RMB 30 Mln to Promote Competitive Gaming

Sina Tech, 9/04/13

William Ding, CEO of Chinese internet company Netease (Nasdaq: NTES), has announced that the company will invest RMB 30 mln to promote the development of competitive gaming in China as part of the company's "Bread Campaign" ("Mianbo Xingdong"). Read More

Netease Licenses Blizzard's "Hearthstone: Heroes of Warcraft"

Sohu IT, 7/08/13

US gaming giant Blizzard Entertainment has announced that Chinese internet company Netease (Nasdaq: NTES) has secured a 3-year mainland China operating license for Blizzard's cross-platform strategy card game Hearthstone: Heroes of Warcraft. Netease CEO William Ding did not appear with Blizzard's senior management at the press conference to announce the deal. Read More

WoW Expansion Pack Approved by GAPP

Netease Tech, 9/17/12

China's General Administration of Press and Publication (GAPP) has approved the new World of Warcraft expansion pack, Mists of Pandaria, for online operations, according to People's Daily Online. Read More

SiTV Spins Off DTV Gaming Business for Eventual IPO

21st Century Business Herald, 8/15/12

Chinese cable DTV operator Shanghai Interactive TV (SiTV) recently spun off its gaming channel as a wholly-owned subsidiary, Shanghai Game Fengyun (Gamefy) Cultural Media Co., Ltd., with RMB 10 mln in registered capital, with plans for an eventual IPO. Read More

Changyou Licenses German Browser Game

Donews, 8/14/12

Xu Qian, deputy GM of browser game operations at Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Internet portal Sohu (Nasdaq: SOHU), said today that the company will bring on some outstanding games developed by North American and European teams. Read More