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Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry

Tencent Tech, 6/27/17

Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More

Phoenix Publishing & Media to Acquire 10% Stake in PPTV

Phoenix Publishing & Media, 8/31/14

Jiangsu-based Phoenix Publishing & Media (601928.SH) announced today that the company has set up a special fund of RMB 371 mln to invest in P2P streaming video platform PPLive (PPTV). Read More

Suning to Establish 8 Subsidiaries

Sina Tech, 2/21/14

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) has announced details regarding the company's spring quarter internal restructuring, which include the formation of Product Sales and Operations divisions, as well as the establishment of 8 subsidiary companies. Read More

Suning, Hony Capital Invest USD 420 Mln in PPTV

Sina Tech, 10/28/13

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) held a press conference in Beijing today to announce that the company has jointly invested USD 420 mln in Chinese P2P streaming video platform PPLive (PPTV) with Hony Capital, a Beijing-based investment corporation sponsored by Lenovo's (0992.HK) parent company, Legend Holdings. Read More

Rumor: Sohu to Acquire Xunlei Kankan

Sina Tech, 10/25/13

According to an industry insider, Chinese internet firm Sohu's (Nasdaq: SOHU) online video business, Sohu Video, has reached a capital partnership agreement with online video and game operator Xunlei involving the latter's online P2P video service Xunlei Kankan. Read More

Rumor: Suning to Acquire PPTV for USD 400 Mln

Sina Tech, 9/24/13

An investment bank source has revealed that negotiations are nearing conclusion between Chinese consumer electronics and home appliances retailer Suning (002024.SZ) and P2P streaming video platform PPLive (PPTV). Read More

Rumor: Alibaba to Invest in Sina Video Business

China Business News, 9/05/13

A source close to e-commerce conglomerate Alibaba Group has revealed that the company is in talks with Chinese internet company Sina (Nasdaq: SINA) to obtain a stake of over 18% in Sina's video business. Read More

Rumor: Alibaba, Hunan Satellite TV Jointly Acquire PPTV

36Kr, 8/14/13

Citing sources in the VC industry, Chinese tech site 36Kr has reported that e-commerce conglomerate Alibaba Group and Hunan Satellite TV have jointly purchased P2P streaming video platform PPLive (PPTV) for USD 400 mln, with the deal having already been finalized. Read More

Rumor: Sogou May Announce M&A Details in July

Tencent Tech, 7/01/13

According to a report from Tencent Tech, Chinese internet firm Sohu's (Nasdaq: SOHU) online search subsidiary Sogou will soon hold a press conference that may shed some light on rumors of Sogou's acquisition by internet services and security software provider Qihoo 360 (NYSE: QIHU) that have been circulating online for the past two months. Read More

Rumor: Suning Enters Running to Acquire PPTV

Netease Tech, 6/04/13

Chinese consumer electronics and home appliances retailer Suning (002024.SZ) has issued a letter of intent to acquire P2P streaming video platform PPLive (PPTV), according to Netease Tech. Read More