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Mobile Umbrella Sharing App E San Lands RMB 10 Mln Angel Funding

TechNode, 5/24/17

Shenzhen-based Yisan Technology, operator of mobile umbrella sharing app E San, completed RMB 10 mln in angel funding on May 13 from Siye Chuangtouhui Investment Management. Read More

China Unicom to Adopt Ant Financial's Credit Rating Service

Techweb.com, 5/08/17

Telecom operator China Unicom (NYSE: CHU; 0762.HK; 600050.SH) recently announced that it will add a credit rating mechanism in partnership with consumer credit rating service operator Sesame Credit Management, a subsidiary of Alibaba Group's (NYSE: BABA) financial services affiliate Ant Financial. Read More

Guangdong Unicom Upgrades Provincial WCDMA Network to 42Mbps

Sina Tech, 10/28/13

On October 28, China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) Guangdong subsidiary held a press conference to announce that the company's 3G WCDMA network will be upgraded to reach download speeds of 42 Mbps in all 21 prefecture-level cities in Guangdong. Read More

WeChat-Customized "Wo" SIM Users Approach 1 Mln

South CN, 9/02/13

Sales of the "Weixin Wo" WeChat-customized SIM card, jointly released on August 8 by China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) Guangdong subsidiary and Tencent's (0700.HK) WeChat (Weixin) mobile messaging application, have reached nearly 1 mln, according to the two companies. Read More

China Telecom, Tencent Ally to Win Rural 3G Subs

CCIDCOM, 7/11/13

China Telecom (NYSE: CHA; 0728.HK) has launched a 3G handset package targeted at rural users. Read More

Tencent to Use Virtual Items Model for Blade & Soul

Tencent Games, 5/02/13

Tencent (0700.HK) Games announced today that it has settled on a virtual items model for the Chinese release of the 3D MMORPG Blade & Soul. Read More

China Telecom Launches 'Mix & Match' Mobile Package

People's Posts and Telecommunications, 4/11/13

China Telecom (NYSE: CHA; 0728.HK) has launched a "Jimu Taocan" ("Building Block") nation-wide self-service package, with voice, data, SMS, and 3G apps as its four main "building blocks." Read More

TMall Tests Four New Services

Tencent Tech, 2/08/13

On April 8, Alibaba Group's B2C e-commerce site TMall announced four new products — TMall Albums, TMall Pre-Sale, TMall Exclusive, and "Warranty Protector" (all unofficial translations) — which it will test from April 8 to April 15 at its "New Style" site (http://new.tmall.com) before promoting them as permanent services. Read More

Rumor: Qihoo 360 Group Buy Directory Plans New Product

Ebrun, 12/07/12

An industry source revealed today that Chinese internet company Qihoo 360's (NYSE: QIHU) group-buy directory portal has begun quietly testing a new product aimed at drawing in leading group buy sites and mid- to high-end businesses. Read More

Lakala to Update 60,000 Payment Terminals

DoNews, 10/31/12

In an October 24 interview, Sun Taoran, Chairman and President of Chinese e-payment service company Lakala, said that the company is preparing to upgrade its more than 60,000 payment terminals in 300 cities across the country, at an average hardware cost of RMB 3,000 per terminal. Read More