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Taobao Launches Mobile Gaming Platform to Compete with WeChat Mini Games
36Kr.com, 8/06/18
Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao has now been operating a mobile mini games platform for approximately two months, according to online media outlet 36Kr.com, indicating that the platform is more than just a distribution channel for Alibaba Games' Chinese version of Japanese mobile casual game Travel Frog, but a mini games platform similar to WeChat's in-app games platform. Read More
Cat Food M-commerce Platform MollyBox Secures USD 7-digit Series A
PE Daily, 5/23/18
Shanghai-based Suoluo Information Technology, developer of subscription-based cat food m-commerce platform MollyBox, recently announced completion of USD 7-digit Series A funding led by DCM Ventures with participation by Unity Ventures and Atom Ventures. Read More
Longzhu Games Broadcast to Invest RMB 1 Bln in Gamecasting Industry
Tencent Tech, 6/27/17
Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More
Ali Sports, Giant Interactive Partner on Mobile E-sports
Sina Tech, 9/09/16
Ali Sports, the sports subsidiary of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced that it has formed a mobile e-sports strategic partnership with Chinese online game developer and operator Giant Interactive and will invest RMB 100 mln in Giant Interactive's mobile casual game Battle of Balls. Ali Sports and Giant Interactive will collaborate in several areas, including e-sports competition system development, competition globalization strategy, mobile e-sports user platforms and value-added services, as well as developing e-sports talent and clubs, supporting e-sports stars, creating e-sports leagues, and developing and selling derivative products based on e-sports intellectual property (IP). Read More
iQiyi Launches Interactive Video Entertainment Platform 'Qi Xiu'
Sohu IT, 7/08/16
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi has announced the launch of "Qi Xiu," an online and mobile interactive video entertainment platform. Read More
Tencent Establishes Film and TV Production Subsidiary Tencent Pictures
DoNews, 9/18/15
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
Chukong August Revenue Hits RMB 175 Mln
DoNews, 9/04/14
Chen Haozhi, CEO of Beijing-based mobile game developer and operator Chukong Technology, has announced in an internal company e-mail that the company achieved monthly revenues of RMB 175 mln in August, up 130% YoY. Read More
Tencent's Blade & Soul PCU Hits 1.5 Mln
DoNews, 1/10/14
Chinese internet and mobile services firm Tencent (0700.HK) announced today that the company's licensed 3D MMORPG Blade & Soul has reached a peak concurrent user (PCU) total of 1.5 mln, less than the 2 mln figure previously reported by an industry insider. Read More
Rekoo to Invest RMB 300 Mln in 2014 Game Publishing
Yesky.com, 1/08/14
Liu Yong, CEO of Rekoo, the social game brand of Beijing-based SNS game developer and operator Fenbo Times, today announced Rekoo's 2014 game publishing strategy. Read More
WeChat v5.1 Emphasizes WeChat Pay, Integrates More Apps
Sohu IT, 12/18/13
Chinese internet and mobile services firm Tencent (0700.HK) released version 5.1 of its WeChat (Weixin) mobile messaging application on the company's MyApp app download platform yesterday evening. Read More
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