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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
Tencent Invests in Animation Production Firm Tuzi Culture's Series A Round
Lieyunwang, 9/01/17
Beijing-based animation content production firm Tuzi Culture has completed RMB 8-digit Series A funding from Chinese internet and mobile services firm Tencent (0700.HK). Read More
Social Media Marketing Service InMyShow Secures RMB 600 Mln Funding
Xiaobaibucai521, 8/14/17
Morgan Stanley, China Merchants Bank, China Securities Co., and Chinese microblogging platform Weibo (Nasdaq: WB) have made a strategic investment in Beijing-based social media marketing firm Tianxiaxiu Technology (InMyShow Inc.) The RMB 600 mln investment covers both Series C and Series C+ rounds. Read More
China's MOC to Strengthen Enforcement of Online Gaming Rules
MOC, 12/05/16
China's Ministry of Culture has issued a notice directing online game operators to improve compliance with existing laws governing the industry, including rules prohibiting the conversion of online game virtual currencies into legal tender. Read More
Alibaba to Integrate Facial Recognition Technology into E-mail Login
TechNode, 6/23/16
Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) has announced it will integrate its "Shualian" facial recognition technology into the login process for accessing the company's AliMail email service. Read More
Rumor: Fruit E-tailer FruitDay Secures USD 100 Mln Series D
NetEase Tech, 3/29/16
Shanghai-based Meizi Digital Technology, operator of online fresh fruit delivery service FruitDay, has reportedly completed USD 100 mln Series D funding, according to FruitDay investors familiar with the matter. Read More
SaaS APM Solutions Provider Cloudwise Wins USD 12 Mln Series B+
DoNews, 12/10/15
Beijing-based Software as a Service (SaaS) end-to-end application performance management (APM) solutions provider Cloudwise Technology recently completed USD 12.3 mln Series B+ funding led by Sequoia Capital and Gobi Partners. Read More
Suning's Laox to Invest RMB 3 Bln to Open 26 Stores in Japan
Ebrun, 6/24/15
Zhang Jindong, CEO of consumer electronics and home appliance retailer Suning Commerce Group (002024.SZ), recently announced that Laox, a Japanese home appliance store brand of which Suning hold a majority stake in, will invest RMB 3 bln to open 26 more stores in Japan over the next 3 years. Read More
Tsinghua Unigroup Invests USD 124 Mln in Online Lottery Site 500.com
500.com, 6/09/15
Chinese online lottery site operator 500.com (NYSE: WBAI) has announced that it has entered into a definitive purchase agreement with Tsinghua Unigroup International, a subsidiary of Tsinghua Unigroup, for the issuance and sale of newly issued ordinary shares of 500.com. Read More
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