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China's 2017 Box Office Up 13.5% YoY

ChinaNews, 1/01/18

China's State Administration of Press and Publication, Radio, Film and Television (SAPPRFT) recently announced that China's total box office receipts reached RMB 55.911 bln in 2017, an increase of 13.45% YoY. Read More

NetEase Introduces Adult Products Brand

NetEase Tech, 10/23/17

Chinese internet company NetEase (Nasdaq: NTES) has announced the launch of adult product brand TryFun, which will feature products that are designed specifically for Asian young adults and utilize innovative models. Read More

B2B Wine E-commerce Platform 'E Jiupi' Wins USD 100 Mln Series C

36Kr.com, 10/18/16

Beijing-based Yi Jiuping E-Commerce, operator of online and mobile wine B2B e-commerce platform E Jiupi, recently announced completion of USD 100 mln Series C funding led by Greenwoods Asset Management and with participation from Source Code Capital, Light House Capital, group buy and O2O services provider Meituan-Dianping, and HG Capital. Read More

Supermarket and Consumer Electronics Chain Bubugao to Raise RMB 3.4 Bln

Bubugao, 6/03/15

Hunan-based supermarket and consumer electronics retail chain Better Life Commercial Chain Share (002251.SZ), also known as Bubugao, released its non-public share issuance proposal on June 1. Read More

Rumor: China Mobile to Shift Handset Subsidies from 3G to 4G

China Business News, 7/07/14

According to an industry insider, China Mobile (NYSE: CHL; 0941.HK) will gradually reduce its 3G mobile handset subsidies in the second half of 2014, and shift all subsidies to 4G mobile handset models. Read More

MIIT: China's 2013 Color TV Production Reaches 128 Mln Units

MIIT, 3/11/14

China's Ministry of Industry and Information Technology (MIIT) released 2013 color TV industry data today. Read More

Rumor: Yoho Seeks Third-round Funding

DoNews, 12/31/13

An industry source has revealed that Chinese B2C apparel e-commerce site Yoho is preparing for a third round of funding, and has been in contact with a number investment firms. Read More

China Mobile to Sell 100 Mln 4G Terminals in 2014

Sohu IT, 12/18/13

China Mobile (NYSE: CHL; 0941.HK) chairman Xi Guohua stated today that the company will offer more than 200 different 4G handset models next year. Read More

Yulong to Release 4-6 LTE Smartphones in H2 2013

C114, 9/06/13

Shenzhen-based handset maker Yulong Computer Telecommunication, a subsidiary of China Wireless Technologies (2369.HK), has announced that the company will release four to six 4G LTE smartphones in the second half of 2013. Read More

Xiaomi Expects 2015 Revenue to Exceed RMB 100 Bln

DoNews, 8/14/13

Lei Jun, CEO of Beijing-based Android handset developer Xiaomi, stated today that the company expects its 2013 handset sales revenue to exceed RMB 26 bln, and to surpass RMB 50 bln in 2014. Read More