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Baidu Posts Q1 2019 Net Loss of RMB 327 Mln
Baidu, 5/16/19
Chinese search engine operator and AI technology developer Baidu (Nasdaq: BIDU) today announced its unaudited financial results for the first quarter ended March 31, 2019. Read More
Autonomous Cargo Vehicle Maker Fabu Wins Investment from Sinovation
36Kr.com, 6/12/18
Hangzhou-based autonomous cargo vehicle developer Fabu Technology recently gave an update on its technology progress and future plans, and confirmed new investment from Sinovation Ventures. Read More
LBS Robot Developer Uditech Secures RMB 8-digit Series B
36Kr.com, 4/27/18
Shenzhen-based location-based services robot developer Youdi Technology (Uditech) recently announced completion of RMB 8-digit Series B funding led by Yuanyu Runxin Equity Investment Management and Legend Capital. Read More
Tencent Acquires Enlight Media's 28% Stake in TV and Film Producer New Classics Media
Enlight Media, 3/12/18
Beijing-based TV and film investment, production, and distribution company Enlight Media (300251.SZ) recently announced that it has signed a share transfer agreement with Linzhi Tencent Technology, a subsidiary of Chinese internet conglomerate Tencent (0700.HK), to transfer its entire 27.64% stake in Beijing-based New Classics Media to Tencent for a total consideration of RMB 3.317 bln. Read More
Enlight Media to Invest RMB 30 Mln in Film and TV Series Producer Lanbaihong
Enlight Media, 3/12/18
Beijing-based TV program and film investment, production, and distribution company Englight Media (300251.SZ) recently announced that its subsidiary Beijing-based Enlight Pictures will invest RMB 30 mln in Suzhou-based film and TV series production, investment, and distribution firm Lanbaihong Film. Read More
Unigroup Releases High-performance Flash Memory Products for Consumers, Enterprises
China Securities, 3/02/18
Unigroup Storage Technology (UNIC), a subsidiary of Tsinghua Unigroup, recently announced a series of high-performance flash memory products covering mobile device storage, notebook computer consumer-grade storage, and enterprise-grade storage for data centers and cloud computing platforms. Read More
Alibaba, Tencent Forge Deal on Music Copyright Swapping
Sina Tech, 9/12/17
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Music Entertainment Group (TME) jointly announced today that they have reached an agreement on music copyright licensing. Read More
Xiaomi Invests in Online Astrology and Horoscope Platform 'Constellation Goddess'
iHeima, 1/09/17
Beijing-based Constellation Goddess Culture Communications, operator of online astrology and horoscope information platform Constellation Goddess, has announced the completion of RMB 30 mln Series A funding led by Zuoyu Investment Management, and with participation from Tsing Ventures, Chinese Android device maker Xiaomi, and Weiyue Investment. Read More
Leshi Sports Releases Livestreaming Hardware Suite Including UAV
Sina Tech, 11/24/16
Leshi Sports Culture Industry Development, the sports entertainment subsidiary of Chinese online video and internet TV content provider Leshi Internet (300104.SZ), recently launched a live video broadcasting hardware and software product line called Liveman, including M1 and C1 webcams, a Liveman video broadcasting app, an F1 drone designed for aerial videography, and an L1 mobile router. Read More
Update: Leshi Internet, Guoan Soccer Club Halt Cooperation Deal
Tencent Tech, 10/26/16
The Beijing Guoan soccer club has announced an end to its partnership with Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ). Read More
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