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Q2 2019 Investment in Chinese Internet Startups Down 71% YoY to USD 8.1 Bln
CAICT, 7/19/19
Capital markets for Chinese internet startups tightened further in Q2 2019, with the total amount of investment and financing disclosed for the quarter coming to USD 8.1 bln, up 3.8% QoQ, but down 70.8% YoY, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
Sugon to Establish RMB 1.4 Bln Global R&D Headquarters
Dawning Information, 7/21/17
Tianjin-based server manufacturer Dawning Information Industry (Sugon) (603019.SH) has announced a plan to establish a wholly owned subsidiary with RMB 1.4 bln to create a global R&D headquarters. Read More
Weather App 'Moji Weather' to IPO on Shenzhen's ChiNext Growth Board
Sina Tech, 12/24/16
Beijing-based Moji Fengyun Technology, developer of mobile weather app Moji Weather, has submitted a prospectus for listing on the Shenzhen Stock Exchange's ChiNext growth enterprise board, where Moji plans to sell up to 25% of its total equity. Read More
Rumor: Tencent to Acquire Gaming News Portal 17173.com
Sootoo, 1/29/15
According to an industry source, Chinese internet and mobile services firm Tencent (0700.HK) plans to pay USD 1 bln to acquire online gaming information portal 17173.com. Read More
Rumor: Changyou Gaming Portal 17173 Lays Off 15% of Staff
DoNews, 9/09/14
According to a company source, Chinese online gaming information portal 17173.com, a subsidiary of Changyou (Nasdaq: CYOU), has laid off over 100 employees, amounting to 15% of the company's total staff. Read More
Rumor: Changyou Plans Layoffs for Client Gaming Staff
National Business Daily, 5/12/14
According to a gaming industry source, Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of internet company Sohu (Nasdaq: SOHU), plans to transfer or lay off nearly 120 employees in its client-based gaming department. Read More
Changyou Launches First 'Genesis-3D'-developed Mobile Game
DoNews, 1/03/14
Chinese online game developer and operator Changyou (Nasdaq: CYOU) has released the first game developed using its open source Genesis-3D cross-platform engine, mobile 3D running game Jinyong Paoku, now available for Android users on Qihoo 360's (NYSE: QIHU) 360 Mobile Assistant app download platform. Read More
Changyou Unveils 2014 Mobile Gaming Strategy
Sina Tech, 12/20/13
Chen Guojun, GM of mobile operations at Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of internet firm Sohu (Nasdaq: SOHU), recently announced the company's "Billion" mobile gaming strategy at Changyou's 2014 product announcement conference. Read More
Changyou Secures 'Bless' China Rights
Yzz.cn, 12/13/13
Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Sohu (Nasdaq: SOHU), has secured the exclusive operating rights for Korean game developer Neowiz's 3D MMORPG Bless in mainland China.Read More
Rumor: Changyou to Launch Self-Developed 3D Game Engine
DoNews, 11/14/13
Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Internet portal Sohu (Nasdaq: SOHU), has put up a single-page website at www.genesis-3d.com.cn consisting of a countdown clock headed by the title "Changyou 3D game engine release countdown." Read More
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