Searching for "Five Minutes"
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Beijng-based Bytedance Technology, operator of online and mobile news platform Today's Headlines, has launched an online children's English-language education brand "Gogokid." Read More
Chinese internet services and security software provider Qihoo 360 (NYSE: QIHU) today began limited-quantity closed beta testing of its "360 TV Helper" smart TV app store, setting an initial quota of 10,000 testers for the product. Read More
Chinese third-party payment processor Alipay and vending machine manufacturer Qingdao Easy Touch have announced a new jointly developed "audio payment" vending machine. Read More
Liao Ruoxue, chief architect of Chinese internet company Baidu (Nasdaq: BIDU), has revealed that that the company's recommendation engine team, established last year, has grown to over 100 people. Read More
China's TV stations have recently begun lengthening TV advertising breaks between TV drama episodes, holding sweepstakes, and using other methods to offset losses brought about by the State Administration of Radio, Film and Television (SARFT)'s recent ban on TV ad breaks during TV drama episodes. Read More
According to its IPO prospectus, Beijing-based social networking site operator Renren Inc., formerly Oak Pacific Interactive, plans to raise up to USD 582.7 mln from its NYSE IPO and concurrent private offering. Read More
Joey Dai, VP of the Chinese representative office of CyberAgent, has revealed that CyberAgent and JAIC China have invested in Chinese social game developer Five Minutes. Read More
Xu Cheng, COO of Five Minutes, developer of the popular Chinese SNS browser game Happy Farm, has confirmed that the company has completed its first round of funding, receiving USD 3.5 mln from DFJ Dragon Fund. Read More
According to an official from China's Ministry of Culture (MoC), the MoC is currently strengthening its oversight of games on social networking sites (SNS), and is requiring complete checks on all games by all regional MoC branches. Read More
An industry source has revealed that Chinese internet value-added services provider Tencent (0700.HK) has reached an agreement with SNS game developer Five Minutes to acquire its popular SNS game "Happy Farm" for a one-time payment rumored to be in the millions of Chinese yuan. Read More