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SME Group Health Insurance Solutions Provider StartupCare Appoints New CEO
CareVoice, 7/07/20
Shanghai-based StartupCare, a provider of group health insurance solutions for SMEs and startups that was spun off last year from international health insurtech company The CareVoice, announced today the appointment of Wu Ying as Chief Executive Officer. Read More
China Mobile Starts Macro Investment Analysis of Five Countries
Sohu IT, 1/25/13
China Mobile (NYSE: CHL; 0941.HK) is planning to begin analysis of the macroeconomic investment environment in five countries, including Germany, South Africa, Brazil, Portugal, and North Korea, and has invited bids from various consulting firms to conduct related research.Read More
Yozosoft Receives RMB 40 Mln in Joint Investment
Sina Tech, 8/30/12
Wuxi-based office software developer Yozosoft has announced that three companies - enterprise management software developer Yonyou Software (600588.SH) (formerly known as UFIDA), Wuxi Houze Guolian Investment Management and Jiangsu-based software and information solution provider Eazytec - have jointly invested RMB 40 mln in Yozosoft. Read More
Hisense to Build Production Base in South Africa
Southern Daily, 8/02/12
Chinese consumer electronics manufacturer Hisense (600060.SH) recently acquired an industrial park in South Africa, which will be developed into a consumer electronics production base for the southern Africa region. Read More
Tencent Acquires 49% Stake in Brazilian, SE Asian Gaming Firm 'Level Up'
Hong Kong Exchange, 1/19/12
Tencent (0700.HK) has announced that its wholly owned subsidiary Aceville Pte Ltd has entered into an agreement to purchase 320,722 shares or 49% of the total issued shares of Singaporean investment holding company Level Up! International Holdings Pte Ltd, which, through its operating subsidiaries and affiliates in Brazil and the Philippines and through its joint venture in the U.S., engages in online game publishing and game magazine publication. Read More
Rumor: China's Third-Party Payment Firms Cut Overseas Ties
Oriental Morning Post, 5/13/11
A number of third-party payment processors applying for licenses from the People's Bank of China (PBoC), such as Tencent's (0700.HK) Tenpay, YeePay, 99Bill, and Lakala, are cutting ties with foreign investors, according to an industry source. Read More
China's 2010 National Broadcasting Revenue Hits RMB 210 Bln
SJKooo.Com, 4/01/11
According to China's State Administration of Radio, Film and Television (SARFT), China's TV and radio broadcasting industry revenue exceeded RMB 210 bln in 2010, with CCTV, Shanghai Media Group (SMG), and Hunan Broadcasting System (HBS) each taking in over RMB 10 bln in revenues. Read More
NSN's Motorola Acquisition Delayed By Chinese Regulators
Sina Tech, 12/28/10
Nokia Siemens Networks (NSN) has announced that it now expects to delay completion of its acquisition of the majority of Motorola's public carrier wireless network infrastructure assets in Q1 2011 while it awaits approval by Chinese regulators. Read More
Tencent Acquires Stake in Thai Internet Firm
Hong Kong Exchange, 8/26/10
Chinese internet firm Tencent (0700.HK) today announced that on August 26, 2010, its wholly-owned subsidiary New Kingdom Limited entered into a share purchase agreement with M-Web Thailand Holdings B.V. Read More
Tencent Licenses World Cup Rights from CNTV
Chongqing Morning Post, 5/06/10
Chinese internet company Tencent's (0700.HK) online portal QQ.com recently signed an agreement with China Network TV (CNTV) for video rights to coverage of the 2010 South Africa World Cup, including content partnership for video coverage of all 64 World Cup finals matches. Read More
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