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Online Stock Trading Platform 'Tiger Brokers' Wins RMB 100 Mln Series B+

Jiemian, 3/22/17

Beijing-based Xiangshang Rongke Technology Development, operator of online stock trading platform Tiger Brokers, recently announced completion of RMB 100 mln Series B+ funding led by China Growth Capital with participation from ZhenFund. Read More

Rumor: Former Renren Games Employees to Sue over Stock Option Rights

Sina, 5/16/16

Former employees of Renren Games, the online and mobile game development and operations division of Chinese social networking site operator Renren Inc (NYSE: RENN), are reportedly preparing to sue Renren Games and Renren Inc over stock option rights that were allegedly cancelled during Renren's sale of the Renren Games division to a privatization consortium led by Renren Games CEO He Chuan, according to a senior-level source at Renren Games. Read More

Rumor: Former Alibaba VP Sentenced in Bribery Case

Bianews, 6/12/14

According to a leaked internal email, a former VP at Chinese e-commerce conglomerate Alibaba Group has been convicted of taking RMB 2.6 mln in bribes and sentenced to 8.5 years in prison. Read More

Rumor: New Oriental Spins Off Online Education Business

Lieyunwang.com, 2/17/14

Sun Chang, CEO of Chinese education services provider New Oriental's (NYSE: EDU) online education unit, has announced in a leaked internal email that New Oriental has successfully spun off its online education business. Read More

Rumor: LightInTheBox to IPO in 2013

Sohu IT, 1/21/13

A senior executive at Beijing-based English-language wholesale B2C e-commerce platform LightInTheBox has revealed that the company has begun preparations for a Nasdaq IPO. Read More

Netdragon's 91 Limited Mobile App Downloads Exceed 10 Bln

Netease Tech, 11/12/12

A source inside Fuzhou-based online game developer and operator NetDragon Websoft's (0777.HK) mobile internet subsidiary, 91 Limited, revealed today that as of October, 91 Limited's 91 Assistant desktop application and mobile app store for the Android platform had served a cumulative total of more than 10 bln downloads. Read More

Rumor: Qunar to IPO by H1 2013

China Business News, 10/31/12

Chinese internet firm Baidu's (Nasdaq: BIDU) online travel services subsidiary, Qunar, has reportedly quietly made plans to IPO at the end of this year or in H1 2013 at the latest. Read More

SNS Yurong Obtains New Round of Funding

Netease Tech, 8/06/12

Li Yu, CEO of Shanghai-based SNS operator Yurong Network Technology, announced today that the company had received Series A2 funding at the end of May for a total valuation of RMB 200 mln. Read More

Rumor: Three Netease Portal Executives Resign

China Business News, 7/11/12

According to industry rumor, Chen Mengcang, deputy chief editor of Netease's (Nasdaq: NTES) portal, resigned his position at the Chinese internet company recently, as did Netease's video center director Zeng Li and chief news editor Chen Ziyu. Read More

Rumor: Youku Suffers String of Employee Resignations

ChinaVenture, 1/11/12

Chinese online video site Youku (NYSE: YOKU) has reportedly seen a recent spate of resignations, including employees who were with the company in its startup days. Read More