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JD.com Commits RMB 1 Bln to Establish JD Fashion as Premier Fashion Destination

JD.com, 8/30/24

Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) has announced an expansion in its apparel business with an additional investment of RMB 1 bln aimed at establishing JD Fashion as a leading destination for stylish global apparel. Read More

B2B Textiles M-commerce App '100 Fabrics' Raises USD 30 Mln Series C1

iHeima, 8/29/18

Guangzhou-based Zhijing Information Technology, operator of fabric B2B m-commerce app Baibu, recently announced completion of USD 30 mln in Series C1 funding led by Bull Capital Partners with participation by Yunqi Partners, Chengwei Capital, and Source Code Capital. Read More

Tencent to Kick Off OB of 'MapleStory 2' on July 12

Tencent Games, 6/28/18

Chinese online game developer and operator Tencent (0700.HK) has announced that it will kick off open beta testing of its free-to-play licensed 3D client-based combat MMORPG MapleStory 2 on July 12. Read More

Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A

36Kr.com, 6/06/18

Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More

Online Entertainment Firm Perfect World to Raise RMB 1 Bln for Film Investment

Perfect World, 6/04/18

Chinese online entertainment firm Perfect World (002624.SZ) has announced plans to raise up to RMB 1 bln in funding through a non-public offering. Read More

Today's Headlines Launches Online Children's 1-on-1 English Education Brand Gogokid

Jiemodui, 5/17/18

Beijng-based Bytedance Technology, operator of online and mobile news platform Today's Headlines, has launched an online children's English-language education brand "Gogokid." Read More

Rumor: Chinese Ministry Orders Take-down of All Online Poker Games by June 1

Eastday.com, 4/19/18

China's Ministry of Culture and Tourism is reportedly preparing to launch new regulations on online card games and has required all PC client and mobile app platforms to immediately cease offering downloads of poker games. Read More

Gaming SNS App 'Laoyuegou' Obtains RMB 200 Mln Series C Funding

36Kr.com, 2/26/18

Hainan-based Lexin Network Technology, operator of online gaming SNS app Laoyuegou, recently announced completion of RMB 200 mln in Series C funding from Tiantu Capital. Read More

Sina to Sell 45% Stake in Gaming Subsidiary to Strategic Investors Whole Easy, Mijiao

Whole Easy, 12/12/17

Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More

Tencent Games Denies Rumor of Forming China JV with Nintendo

Tencent Games, 11/23/17

Chinese internet and mobile services firm Tencent (0700.HK) has denied recent rumors that it will form a joint venture company with Japanese game company Nintendo. Read More