Searching for "Tong Shihao"
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Lei Jun, founder and CEO of Beijing-based Android handset developer Xiaomi, announced that Xiaomi will produce 15 mln handsets in 2013, planning on a quick turnaround with no overstock. Read More
On February 18, rumors once again surfaced that Chinese internet company Baidu (Nasdaq: BIDU) had reached a USD 1.2 bln agreement to acquire a controlling stake in mobile browser maker UCWeb before the Chinese New Year holiday. Read More
A report from venture capital sources states that Qiming Venture Partners has divested from Chinese browser game developer Beijing Gamegoo Information Technology, selling its stake to Chinese internet and mobile entertainment firm Tencent Holdings (0700.HK). Read More
Chinese B2C clothing website Vancl has reportedly won nearly USD 100 mln in fourth-round funding led by IDGVC. Read More