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Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) is looking to make a USD 10-digit investment in Beijing-based Bytedance Technology, operator of online and mobile news portal platform Today's Headlines, according to independent tech media blogger "Kai Ba." Read More
Beijing-based Yanzhi Youwu Technology, developer of apparel cross-border m-commerce app Look, has completed USD 22 mln in Series A funding, jointly led by Granite Global Ventures and Fengshion Capital, with participation from Ceyuan Ventures, Buttonwood Capital Management, and Zhengcheng Capital. Read More
Beijing-based Jingling Online Network Technology, operator of online and mobile entertainment blog Baisi Budejie (unofficial translation "Can't Get My Mind Off of Her"), has announced receipt of an RMB 8-digit investment, valuing the company at RMB 400 mln, from internet and mobile services firm Tencent (0700.HK). Read More
China's internet user base reached 668 mln in H1 2015, up 18.94 mln from the end of 2014, according to newly released data from the China Internet Network Information Center's (CNNIC) H1 2015 State of the China Internet Report. Read More
Ant Financial, the financial services affiliate of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), and Alibaba have jointly announced that they will each invest RMB 3 bln to set up a local life services subsidiary called Koubei. Read More
China's internet user base reached 649 mln in 2014, up 31.17 mln from the end of 2013, according to newly released data from the China Internet Network Information Center's (CNNIC) H2 2014 State of the China Internet Report. Read More
Chinese microblogging platform Weibo (Nasdaq: WB), internet firm Qihoo 360 (NYSE: QIHU), and mobile browser developer UCWeb have jointly announced the launch of an independent blogger platform. Read More
Chinese e-commerce conglomerate Alibaba Group today announced the official launch of the company's "Mashang Tao" business strategy and accompanying merchant QR code platform, designed to increase the integration of QR codes into Alibaba's family of e-commerce sites. Read More
Chinese internet company Sina's (Nasdaq: SINA) Weibo (Nasdaq: WB) microblogging platform has announced a monetization plan for independent bloggers on the platform, following a period of beta testing. Read More
According to an insider at Chinese internet company Sina's (Nasdaq: SINA) Weibo microblogging platform, Weibo will soon launch an ad revenue sharing program for independent bloggers on the platform. Read More