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Tencent to Boost Equity Voting Interest in Consortium That Controls Supercell

Tencent, 9/23/19

Chinese internet and mobile services firm Tencent (0700.HK) announced today that it intends to increase its equity voting interest - from 50% to 51.2% - in the consortium that currently indirectly holds an 82.2% interest in Finnish mobile games developer Supercell. Read More

China's H1 2019 Internet User Base Reaches 854 Mln

CNNIC, 8/30/19

China's internet user base reached 854 mln in H1 2019, up nearly 26 mln from the end of H2 2018, among which the mobile internet user base was approximately 847 mln, up almost 30 mln from the end of H2 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H1 2019 State of the Chinese Internet Report. Read More

China's H2 2018 Internet User Base Reaches 829 Mln

CNNIC, 2/28/19

China's internet user base reached 829 mln in H2 2018, up nearly 27 mln from the end of H1 2018, among which the mobile internet user base was approximately 817 mln, up over 29 mln from the end of H1 2018, according to data in the China Internet Network Information Center's (CNNIC) newly released H2 2018 State of the Chinese Internet Report. Read More

China Issues New Regulations Limiting Online Gaming to Safeguard Children's Eyesight

MOE, 8/30/18

China's Ministry of Education and seven other government agencies recently released updated regulations aimed at preventing and controlling nearsightedness among children and young adults. Read More

Children's Online English Education Firm Danyue Lands RMB 520 Mln Series C

36Kr.com, 6/19/18

Hangzhou-based Danyue Technology, operator of children's online English education platforms 360ABC and Landi English, recently announced completion of RMB 520 mln in Series C funding from unspecified investors. Read More

Tencent Launches Real-time Online Document-editing Service

Sina Tech, 4/18/18

Chinese internet conglomerate Tencent (0700.HK) recently officially announced its entry into the realm of office software with the launch of a collaborative online document product called Tencent Documents. Read More

Unigroup Releases High-performance Flash Memory Products for Consumers, Enterprises

China Securities, 3/02/18

Unigroup Storage Technology (UNIC), a subsidiary of Tsinghua Unigroup, recently announced a series of high-performance flash memory products covering mobile device storage, notebook computer consumer-grade storage, and enterprise-grade storage for data centers and cloud computing platforms. Read More

Tencent Joins Series C Funding of Online Education Platform 'Onion Mathematics'

Duozhiwang, 2/28/18

Beijing-based Guanghe Xinzhi Technology, operator of online and mobile K-12 learning platform Yangcong Shuxue (literally "Onion Mathematics"), recently announced completion of over RMB 120 mln in Series C funding jointly invested by Legend Capital and internet conglomerate Tencent (0700.HK). Read More

Smartphone, PC ODM Huaqin Telecom Wins RMB 870 Mln Series A

PE Daily, 12/28/17

Shanghai-based mobile phone developer and manufacturer Huaqin Telecom Technology has announced completion of RMB 870 mln in Series A funding led by Intel Capital and Hua Capital with participation by Beijing-based Qingkong Jinxin Capital Management, Summitview Capital, Walden International, Northern Light Venture Capital (NLVC), and Zhilu Capital. Read More

Digital Reading Service Provider iReader Lists on Shanghai Stock Exchange

iHeima, 9/21/17

iReader Technology, operator of online digital reading app iReader, has officially listed on the Shanghai Stock Exchange on September 21 under ticker number 603533. Read More