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Smart Robot Developer 'Roobo' Secures USD 100 Mln Series A
Sina Tech, 9/21/16
Beijing-based smart robot developer Intelligent Steward Technology (Roobo) completed USD 100 mln Series A funding in late 2015 led by speech recognition technology company iFlytek (002230.SZ) and with participation from two funds, revealed Roobo CEO Liu Yingbo at a press conference. Read More
Galloping Horse Acquires 70% Stake in Digital Domain
iFeng, 9/25/12
According to foreign media reports, Hollywood special-effects company Digital Domain has been purchased by a joint venture between Chinese media company Galloping Horse Group and Indian media company Reliance Media Works for USD 30.2 mln. Read More
Letao Obtains USD 30 Mln in Fourth-Round Funding
21st Century Business Herald, 1/10/12
Chinese B2C online shoe retailer Letao has revealed that it obtained USD 30 mln in fourth-round funding in December last year, led by an unnamed firm. Read More
Rumor: China Unicom to Launch UPhones in January
CCID, 12/23/10
China Unicom (NYSE: CHU; 0762.HK; 600050.SH) plans to release the first batch of operator-customized UPhones in January 2011, according to a Unicom source. Read More
China Development Bank Finances Huawei, ZTE Deals in India
Sina Tech, 12/17/10
Indian telecom operator Reliance Communications (RCom) recently announced that it has received USD 1.93 bln in financing from China Development Bank for 3G network construction, up to USD 600 mln of which will be used to procure telecom equipment from Chinese firms Huawei and ZTE (0763.HK; 000063.SZ). Read More
Fetion IT Service Provider Aims for RMB 502 Mln IPO
Caijing, 9/14/09
Beijing Ultrapower, IT service provider for China Mobile's (NYSE: CHL; 0941.HK) Fetion mobile instant messaging service, has applied for an Shenzhen growth enterprise board IPO to be reviewed on September 17. Read More
Panasonic Reduces Reliance on Gome, Suning
Shenzhen Economic Daily, 6/19/09
Wu Guilin, general director at Panasonic China, has stated that the company will gradually reduce the proportion of its total sales that are made through household appliance retailers Gome (0493.HK) and Suning (002024.SZ), and embark on a major expansion of sales channels outside of household appliance stores. Read More
5 Domestic TV Makers Form Alliance
China Business News, 4/29/08
The State Council Development Research Center's China Business Evaluation Association has overseen an industry alliance between five major Chinese TV manufacturers - TCL Multimedia (1070.HK), Hisense (600060.SH), Konka (200016.SZ, 000016.SZ), Changhong (600839.SH) and Xoceco (600870.SH). Read More
Zapak to Bring Shanda's Crazy Kart to India
Shanda Press Release, 4/16/08
Online game developer and operator Shanda (Nasdaq: SNDA) announced today that it has granted Indian Internet gaming company Zapak Digital Entertainment the exclusive rights to operate its online racing game Crazy Kart in India. Read More
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