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Beijing-based Bohui Tiandi Technology, operator of karaoke system software brand Thunderstone Technology, has announced the completion of nearly RMB 200 mln in Series B funding led by China Minsheng Investment Group, with participation by the company's founder, Morningside Ventures and Beijing Yuemi Technology. Read More
Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) sports subsidiary Ali Sports has announced the establishment of an e-sports tournament and an e-sports business division, as well as the launch of an open platform for e-sports. Read More
Chinese Internet and mobile services firm Tencent (0700.HK) announced yesterday that it has established Tencent Pictures, a wholly owned subsidiary focused on film and TV program production. Read More
Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) has purchased the exclusive operating rights for Three Kingdoms-themed mobile card game Wolong Legend from Shanghai-based mobile game developer Unico for more than RMB 10 mln. Read More
William Ding, CEO of Chinese internet company Netease (Nasdaq: NTES), has announced that the company will invest RMB 30 mln to promote the development of competitive gaming in China as part of the company's "Bread Campaign" ("Mianbo Xingdong"). Read More
US gaming giant Blizzard Entertainment has announced that Chinese internet company Netease (Nasdaq: NTES) has secured a 3-year mainland China operating license for Blizzard's cross-platform strategy card game Hearthstone: Heroes of Warcraft. Netease CEO William Ding did not appear with Blizzard's senior management at the press conference to announce the deal. Read More
China's General Administration of Press and Publication (GAPP) has approved the new World of Warcraft expansion pack, Mists of Pandaria, for online operations, according to People's Daily Online. Read More
Ryan Bohmann, president of California-based massively multi-player online (MMO) gaming guide, wiki, and forums provider ZAM Network has announced that his company was acquired by Chinese internet giant Tencent (0700.HK) in early February 2012 for an undisclosed amount. Read More
Chinese internet company Netease (Nasdaq: NTES) has partnered with an unnamed overseas game developer to create a next-generation game codenamed "Game-X," according to an industry source. Read More