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Gridsum Announces Completion of "Going Private" Merger

Gridsum, 3/25/21

Gridsum Holding ("Gridsum" or the "Company") (Nasdaq: GSUM), a provider of cloud-based big-data analytics and artificial intelligence solutions in China, today announced the completion of the merger with Gridsum Growth Inc. ("Merger Sub"), a wholly-owned subsidiary of Gridsum Corporation ("Parent"), pursuant to the previously announced agreement and plan of merger, dated as of September 30, 2020 (the "Merger Agreement"), by the Company, Parent and Merger Sub. Read More

Baidu, Shenzhen Expressway Partner on Smart Highway Design and Operations

Sina Tech, 6/01/18

Chinese internet conglomerate Baidu (Nasdaq: BIDU) and toll highway construction, operation, and management firm Shenzhen Expressway (600548.SH) recently formed a partnership agreement centered on smart transportation, smart environmental protection, and information service upgrades. Read More

WeChat-focused Social Marketing Platform 'New Rank' Wins Series A

36Kr.com, 10/14/15

Shanghai-based Kanbang Information Technology, operator of WeChat-focused social marketing performance ranking and advertisement trading platform New Rank, last month completed RMB 20.2 mln Series A funding from Nanjing-based SkyChee Capital, and now has a post-funding valuation of RMB 202 mln. Read More

Shaanxi Broadcast & TV to Raise RMB 955 Mln for Network Upgrade

Shaanxi Broadcast, 6/16/15

Ad agency services provider and cable TV network operator Shaanxi Broadcast & TV Network Intermediary (600831.SH) has announced a plan to raise up to RMB 955 mln through a private offering of 52.44 mln newly issued shares priced at RMB 18.21 per share to five designated investors. Read More

DSP Provider iPinyou Lands Series C Funding

DoNews, 7/03/14

Beijing-based SEM agency and demand side platform (DSP) provider iPinyou Interactive Information Technology has announced the completion of third-round funding. Read More

Rumor: Qihoo 360 to Acquire MediaV

Tencent Tech, 5/14/14

According to an industry source, Chinese internet company Qihoo 360 (NYSE: QIHU) plans to acquire Shanghai-based online advertising company MediaV Advertising in a move to strengthen Qihoo 360's online ad operations. Read More

Rumor: AdSage Spins Off Mobile Ad Business

Tencent Tech, 1/08/14

A source has revealed that Beijing-based search engine marketing (SEM) provider AdSage will spin off its mobile ad business into a separate company. Read More

Rumor: Jingdong to Acquire MediaV for USD 700 Mln

Tech Web, 11/18/13

According to sources close to the matter, Beijing-based B2C e-commerce platform Jingdong will soon acquire Shanghai-based online advertising technology and service provider MediaV Advertising for USD 700 mln. Read More

China Television Media to Acquire Jinyingma Media

Jingyingma Media, 9/02/13

Television ad agency and media service firm China Television Media (600088.SH) recently announced that the company will acquire a 100% stake in Beijing-based film and TV production company Jinyingma Media from its 24 individual owners through a cash and stock transaction. Read More

Youmi Media Secures RMB 100 Mln Second-Round Funding

Meihua, 8/14/13

Guangzhou-based mobile advertising agency Youmi Media has announced the completion of RMB 100 mln in second-round funding, led by Shenzhen-based venture capital firm Co-Win, with participation from Guangzhou-based VC firm Rundu Capital and Beijing-based digital ad agency Hylink Advertising. Read More