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Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019
CAICT, 7/08/20
As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019
CAICT, 4/09/20
As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). 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
Rumor: Meituan to Acquire Chinese Travel Search Engine Kuxun
Tencent Tech, 7/15/15
Chinese group buy site Meituan has reportedly acquired Beijing-based Kuxun Interactive Technology, operator of travel search engine Kuxun.cn, according to industry sources. Read More
Maimaibao Lands Series D Funding from JD.com and Tencent
DoNews, 7/01/15
Wuxi-based Maimaibao Information Technology, operator of m-commerce site Maimaibao (Mmb.cn), has announced the completion of Series D funding from Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) and Chinese internet and mobile services firm Tencent (0700.HK). Read More
Witkey Site Zhubajie Lands RMB 2.6 Bln Series C Funding
Yicai.com, 6/15/15
Chongqing-based "Witkey" crowdsourcing platform operator Zhubajie has secured RMB 2.6 bln Series C funding, with RMB 1.6 bln coming from Cybernaut Investment and RMB 1 bln from Chongqing New North Zone Government Investment Fund. Read More
Online Ad Tracking Firm Miaozhen Completes USD 50 Mln Series D Funding
Sohu IT, 5/11/15
Beijing-based online ad tracking system provider Miaozhen Systems has announced that the company has completed USD 50 mln Series D funding led by Primavera Capital Group. Read More
Rumor: Maimaibao Secures USD 200 Mln Funding from Tencent, MTK
TechWeb, 3/14/14
According to industry sources, Wuxi-based mobile e-commerce service provider Maimaibao Information Technology, operator of m-commerce site Maimaibao (Mmb.cn), has secured a new round of over USD 200 mln in funding, led by Chinese internet and mobile services firm Tencent (0700.HK) and Taiwanese fabless semiconductor company MediaTek (MTK), with participation from Sequoia Capital. Read More
Zongyi to Acquire Controlling Stake in PearlinPalm
Shanghai Stock Exchange, 1/21/14
Jiangsu-based new energy and IT company Zongyi (600770.SH) has issued a press release announcing the January 19 acquisition of a 75% controlling stake in Beijing-based mobile game developer and operator PearlinPalm from Li Weimin, the company's largest shareholder. Read More
Alibaba Acquires NGP, Morningstar Shares in UCWeb
National Business Daily, 8/26/13
Yu Yongfu, Chairman and CEO of Chinese third-party mobile browser developer UCWeb, stated during an interview with the National Business Daily that both Nokia Growth Partners and Morningside Ventures withdrew their investments in UCWeb as part of e-commerce conglomerate Alibaba Group's shareholding increase during UCWeb's most recent round of funding. Read More
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