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China Punishes 326 Movie Theaters for Box Office Fraud

People's Daily, 3/21/17

China's film authorities recently published the results of a report regarding the enforcement of tighter regulations passed in 2016 aimed at curbing fraudulent box office reporting. Read More

Wanda's O2O Life Services Platform Feifan to Solicit RMB 10 Bln Series A Funding

Cnstock, 1/16/17

Wang Jianlin, chairman of Chinese entertainment conglomerate Dalian Wanda Group, recently said that the group's O2O local life services platform Feifan plans to initiate an RMB 10 bln Series A funding round in 2017. Read More

Movie Ticket Booking Platform Weiying Times Wins RMB 3 Bln Series C+

Beijing Business Today, 4/27/16

Beijing-based online movie ticket booking platform operator Weiying Times Technology recently announced completion of RMB 3 bln Series C+ funding led by Dalian-based mobile game developer Zeus Entertainment (002354.SZ). 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

Baidu to Invest RMB 20 Bln in Nuomi.com Over Next 3 Years

Sohu IT, 6/30/15

Chinese internet company Baidu (Nasdaq: BIDU) will invest RMB 20 bln in the company's group buy website Nuomi.com over the next three years, as the company pivots toward the O2O market, according to an announcement by Baidu Chairman and CEO Robin Li. Read More

TCL Invests USD 100 Mln in Wanda's E-commerce JV

TCL Corporation, 1/06/15

Chinese consumer electronics manufacturer TCL Corporation (000100.SZ) has announced that is has signed a letter of intent to form a strategic partnership with Chinese real estate conglomerate Dalian Wanda Group, under which TCL will become a cornerstone investor in Wanda e-commerce venture, Wanda E-commerce, and a strategic supplier to Wanda's various commercial properties. Read More

Huayi Bros Acquires 51% Stake in Online Ticketing Site Maizuo

Shenzhen Stock Exchange, 6/16/14

Film and TV production firm Huayi Brothers (300027.SZ) has announced that subsidiary Huayi Brothers Interactive Entertainment has acquired a 51% stake in Shenzhen Huayuxun Technology, operator of online film ticketing website Maizuo.com, for RMB 266.36 mln. Read More

Update: Baidu Establishes LBS Business Division

TechWeb, 10/17/12

Chinese internet company Baidu (Nasdaq: BIDU) officially announced today that the company has established an LBS division. Read More

Focus Media Q1 2012 Profit Up 85% YoY

Focus Media PR, 5/28/12

Chinese digital media and Internet advertising operator Focus Media (Nasdaq: FMCN) has today announced its unaudited financial results for the first quarter ended March 31, 2012. Read More

Eedoo Launches 3D Motion-sensing Game Console

Sohu IT, 4/26/12

Beijing-based digital home entertainment company Beijing Eedoo Technology, a subsidiary of Lenovo (0992.HK), today launched its CT510 motion-sensing interactive video game console. Read More