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Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation
TechWeb, 9/13/18
Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More
WeChat Increases Ad Revenue Share for Applet Developers
PingWest, 8/10/18
Chinese internet conglomerate Tencent's (0700.HK) WeChat mobile messaging app recently announced that its public account platform will adjust the share of advertising revenues awarded to applet developers, and that between August 1 and December 31, 2018, the share of ad revenues given to applet developers (including mini-game developers) will be increased. Read More
Youku Licenses Content to Wasu Media for Cable and IPTV Broadcasting
Wasu Media, 6/26/18
Zhejiang-based new media and cable TV network operator Wasu Media Holding (000156.SZ) has announced its wholly owned subsidiary Wasu Media Networks has reached a partnership agreement with Alibaba Group's (NYSE: BABA) online video platform Youku Tudou which will grant Wasu Media the national cable DTV and IPTV broadcasting rights for Youku's video content. Read More
WeChat Beta Tests In-article Advertising for Official Accounts
Ebrun, 8/01/17
Chinese internet and mobile services firm Tencent's (0700.HK) WeChat mobile messaging app has issued closed beta invitations to some official account operators for a feature to embed advertisements directly into the middle of articles. Read More
Washing-machine Sharing App Youxi Raises RMB 30 Mln Series A
Lieyunwang, 6/22/17
Xiamen-based Youshengduo Network Technology, operator of mobile washing-machine-sharing platform Youxi, has revealed that it recently completed RMB 30 mln in Series A funding at a post-money valuation of close to RMB 100 mln. Read More
Alibaba's Online Video Platform Tudou to Transform into Short-video Platform
Sina Tech, 3/31/17
Alibaba Group's (NYSE: BABA) Alibaba Digital Media and Entertainment Group has announced that its subsidiary online video site Tudou will be completely transformed into a short-video platform, and will be led by He Xiaopeng, president of Alibaba Digital Media and Entertainment Group's mobile business division. Read More
Baidu's Online Encyclopedia to Explore Offering Paid Content
Sina Tech, 12/29/16
Chinese internet company Baidu's (Nasdaq: BIDU) online encyclopedia service Baidu Baike ("Baidupedia") recently announced that it will explore new operating models in 2017, including a "search + feed" dual drive mode and a paid content business model. Read More
Leshi Internet Unveils RMB 15 Bln Strategy for Online Video Site LeTV.com
Tencent Tech, 6/13/16
Chinese online video and internet TV content provider Leshi Internet Information and Technology (300104.SZ) has announced a RMB 15 bln development strategy for its online video site LeTV.com, including investment, finance, film and gaming. Read More
Chemicals Maker Tianrun to Acquire Mobile Gaming Firm Diandianle
Tianrun, 4/01/15
Hunan-based chemical manufacturer and distributor Tianrun Enterprises Holding (002113.SZ) announced a plan today to raise RMB 900 mln through a private offering of an additional 76.12 mln shares priced at RMB 11.82 per share. Read More
Kingsoft Signs Game Co-operation Deal with YY VIE Huaduo
Kingsoft, 12/30/14
Chinese online game developer and operator Kingsoft (3888.HK) has announced that it has signed a 3-year framework agreement covering the joint operation of online games with Guangzhou-based online game operator Huaduo Group (Guangzhou Huaduo Internet Technology Limited and its subsidiaries). Read More
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