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Alibaba Acquires Import E-Commerce Platform Kaola from NetEase

NetEase, 9/05/19

Chinese internet conglomerates NetEase, Inc. (Nasdaq: NTES) and Alibaba Group (NYSE: BABA) today announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately USD 2 bln. Read More

Aluminum Distributor Fubang Jingye to Buy Skymoons Mobile Game Firms

DoNews, 7/11/16

Ningbo-based Fubang Jingye Group (600768.SH), a company principally engaged in the distribution of aluminum materials and the provision of warehousing services, has announced that it will wholly acquire Chengdu-based mobile game developers Skymoons Digital Entertainment and Skymoons Interactive for a total of RMB 3.9 bln. Read More

Enlight Media Inks Strategic Partnership with Alibaba

Enlight Media, 5/29/15

Beijing-based film and television program production and distribution company Enlight Media (300251.SZ) has announced that it has entered into a three-year strategic partnership with Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA). Read More

Alibaba Takes Aim at Tencent with Mobile Gaming Platform

Sina Tech, 1/08/14

Chinese e-commerce conglomerate Alibaba Group today announced the launch of a mobile gaming platform, stating that the company intends to break up rival internet company Tencent's (0700.HK) dominant position in the Chinese mobile gaming sector. Read More

Rumor: Alibaba to Enter Mobile Gaming Industry

Sina Tech, 12/03/13

Chinese e-commerce conglomerate Alibaba Group has begun recruiting mobile game designers, software engineers, and other mobile gaming-related employees, according to industry sources. Read More

Longmaster Increases Stake in Mobile Game Developer

Shenzhen Stock Exchange, 9/23/13

In an official disclosure, Guiyang-based telecom value-added services and online entertainment provider Longmaster Information & Technology (300288.SZ) announced yesterday that the company will increase its investment in Chengdu-based mobile game developer and operator Guiyang Wangyang Digital Entertainment (Wangyang Entertainment). Read More

GAPP Organizes 16 Chinese Gaming Firms into Copyright Alliance

eNet, 1/10/11

General Administration of Press and Publication's (GAPP) Department of Technology and Digital Publishing and Copyright Protection Center of China have jointly directed 16 of China's online gaming companies and organizations to form the "China Online Gaming Copyright Protection Alliance" to combat game copyright infringement issues. Read More

Perfect World Cuts Workforce by 100 Employees

TechWeb, 11/26/10

An industry rumor claims that Chinese online gaming company Perfect World (Nasdaq: PWRD) has cut staff by 5%, or about 200 employees, as part of an internal restructuring. Read More

Perfect World Reveals Overseas MMO Licensing Deals

PRNewswire-Asia, 9/26/10

Chinese online gaming company Perfect World (Nasdaq: PWRD) today announced that in August it licensed its self-developed 2.5D MMORPG Battle of the Immortals to i Digital Connect in Thailand and AS Online in Malaysia and Singapore. Read More

Lenovo Forms Gaming Console Subsidiary

Sina Tech, 8/09/10

Lenovo (0992.HK) has announced that Legend Holdings and Legend Capital have jointly invested in a new company, Beijing eedoo Technology Ltd., to develop a 3D motion-controlled home gaming console. Read More