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Professional SNS App Maimai Completes USD 200 Mln Series D
36Kr.com, 8/21/18
Professional SNS app Maimai, operated by Beijing-based Taoyou Tianxia Technology Development, has completed USD 200 mln in Series D funding led by DST Global and with participation from previous investors IDG Capital Partners, Morningside Ventures, and DCM Ventures. Read More
Smart LED Display Platform for Vehicles 'Lunubao' Wins RMB 30 Mln Pre-A
PEdaily, 5/05/17
Chongqing-based Checheying Network Technology, operator of smart LED display platform for vehicles Lunubao, recently announced the completion of RMB 30 mln in pre-Series A funding from Chongqing Co-harvest Equity Investment Fund Management and Dongfeng Xiaokang Industry Fund. Read More
Hero Interactive's Sports Subsidiary Secures RMB 640 Mln in Funding
Focus Media, 7/29/16
Chinese sports and e-sports event organizer Hero Sports Management, a subsidiary of Hero Interactive Technology (430127.NEEQ), has completed a RMB 640 mln funding round from Chinese digital media group Focus Media Holding (002027.SZ), DMG Cultural Industrial Fund and Yongtong Fund, among others. Read More
Shuttle Bus App 'Dada Bus' Wins RMB 200 Mln Series B
36Kr.com, 9/29/15
Shenzhen-based Liuchi Technology, operator of mobile shuttle bus service app Dada Bus, recently announced that it has completed nearly RMB 200 mln in Series B funding from investors including Northern Light Venture Capital (NLVC) and Beijing-based Jingqiao Capital. Read More
Hunan TV & Broadcast to Acquire Mobile Ad Firm EWing
Hunan TV & Broadcast Intermediary, 8/27/14
Provincial cable TV operator Hunan TV & Broadcast Intermediary (000917.SZ) has announced plans to acquire a 51% stake in mobile advertising firm EWing Information Technology for RMB 167.4 mln in an effort to expand the company's mobile internet new media business. Read More
MIIT Issues First Batch of MVNO Trial Permits to 11 Firms
MIIT, 12/26/13
China's Ministry of Industry and Information Technology (MIIT) today granted official approval to the first group of mobile virtual network operators (MVNO), allowing them to conduct network trials. Read More
US Court Rules in VisionChina DMG Lawsuits
VisionChina, 11/07/11
Chinese mass-transit digital advertising operator VisionChina Media (Nasdaq: VISN) today announced that the Supreme Court of the State of New York, New York County, has granted the motion to dismiss VisionChina Media and Vision Best's fraud, unjust enrichment and declaratory judgment claims, as well as one of VisionChina Media and Vision Best's claims for breach of contract alleging the destruction of certain data. Read More
CNTV Won't Resell 2012 Olympics Broadcast Rights
21st Century Business Herald, 9/29/11
Xia Xiaohui, deputy general manager of CCTV's national online TV station, China Network TV (CNTV), said that CNTV would not sell live or on-demand new media broadcasting rights for the 2012 London Olympic Games to any other portals or video sites. Read More
VisionChina, Youku Partner on Out-of-Home Display
Sarft.Net, 7/19/11
Chinese mass-transit digital advertising operator VisionChina Media (Nasdaq: VISN) recently joined with Chinese online video site Youku (NYSE: YOKU) to act as Youku's exclusive partner in the company's outdoor mobile media strategy. Read More
China to Collect Royalties on Internet Café Film Viewings
Beijing Business Today, 8/23/10
The public online review period for the "Standards for the Collection of Royalty Fees for Public Use of Copyrighted Film Works" recently ended, and the National Copyright Administration of the People's Republic of China (NCAC) will make an official announcement regarding the standards in the near future. Read More
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