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Ant Financial Upgrades AI-based Auto Insurance Claims System
Techweb, 5/09/18
Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), has announced the release of an upgrade to its AI-based auto insurance claims system. Read More
Rumor: Dianping Lands USD 800 Mln Series E
Sina Tech, 12/29/14
A source close to the matter has revealed that Shanghai Han Tao Information Consultation, the operator of online ratings and group buy site Dianping, has landed USD 800 mln in fifth-round funding. Read More
Tencent Mobile Gaming Platform User Base Exceeds 600 Mln
Tencent Games, 8/07/14
The registered user base on Chinese internet and mobile services firm Tencent's (0700.HK) mobile gaming platform surpassed 600 mln in July, up over seven-fold from the company's August 2013 figure. Read More
Tencent Connects Myapp Store with Open Platform App Store
Tencent Open Platform, 11/29/13
Wang Zhixiong, director of mobile app platform operations at Chinese internet and mobile services firm Tencent (0700.HK), has announced that the company will integrate its Myapp app library with Tencent's open developer platform (open.qq.com) in early December. Read More
China's State Council Pushes for National Cable TV Operator
Sina Tech, 8/21/13
China's State Council has released broadcast industry development goals calling for an acceleration in the formation of China Radio and Television Network, China's planned national cable TV operator. Read More
Alibaba Group Introduces New System to Integrate Business Units
Sohu, 7/23/12
Chinese e-commerce conglomerate Alibaba Group announced today that it will define its Taobao (C2C & B2C), ETao (e-commerce search), TMall (B2C), Juhuasuan (group buy), Alibaba.com (international B2B), Alibaba Small Enterprise services, and Alibaba Cloud Computing ("AliCloud") as seven major business groups comprising a CBBS (Consumers, Channel Businesses, Manufacturing Businesses, and E-Commerce Service Providers) market system. Read More
Anjuke Invests RMB 200 Mln on R&D, to Postpone IPO
Netease Tech, 8/10/10
Online real estate firm Anjuke said that it will invest RMB 100 mln each in subsidiaries Aifang.com and Haozu.com for technology development and employee recruitment in order to speed up the two companies' expansion. Read More
Youku CEO: Profitability In Sight
Tencent Tech, 5/11/10
Victor Koo, CEO of Chinese video site Youku, said recently that the company hasn't yet spent all of its RMB 900 mln in funding, and that website revenue growth is beginning to speed up. Read More
Unicom Targets 10 Mln 3G Subs with RMB 100+ ARPU in 2010
Netease Tech, 3/24/10
At China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) 2009 earnings meeting on March 24, chairman and CEO Chang Xiaobing said that in order to ensure that the operator meets its goal of reaching 10 mln 3G subscribers with ARPUs of more than RMB 100 this year, Unicom will consider increasing its subsidies to handset channels. Read More
CCTV.com to Launch National Online TV Station
Tencent Tech, 2/18/09
The State Administration of Radio, Film and Television (SARFT) reports that CCTV.com is preparing to launch a national online TV station. Read More
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