Searching for "Mango Media"
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TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Chengdu-based projector TV manufacturer XGimi Technology recently completed Series C funding led by Chinese internet company Baidu's (Nasdaq: BIDU) investment arm Baidu Ventures. Read More
Changsha-based Kuaile Yangguang Interactive Entertainment, operator of online video platform Mango TV, is reportedly undergoing its second round of funding and has solicited investments from various companies totaling RMB 20 bln, according to a source familiar with the matter, but the company will only choose a few investors to participate in this round. Read More
Mangguo TV (Mango TV), online video platform of Hunan Satellite TV and Hunan Broadcasting System operated by Kuaile Yangguang, has reportedly completed RMB 1 bln in Series A funding with China Mobile (NYSE: CHL; 0941.HK) as the primary investor, according to a source in investing circles. Read More
An industry source revealed recently that Ouyang Changlin, director of Hunan Broadcasting System (HBS), will retire at the end of this year, after which he will be replaced as chairman of HBS's new media and TV production subsidiary Mango Media by Chen Gang, who will also serve as the company's Party secretary. Read More
Cheng Hongrong, assistant to the GM of Hunan Broadcasting System subsidiary Kuaile Yangguang Interactive Entertainment Media, has disclosed that the company received approval from China's State Administration of Radio, Film and Television (SARFT) to develop an Internet TV broadcast and control platform, and officially received China's fifth Internet TV content service and Internet TV integrated service licenses in late July. Read More