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AR Game Developer Tomorning Secures RMB 13 Mln Pre-A Funding

36Kr.com, 3/31/16

Hangzhou-based augmented reality game developer Tomorning Technology recently announced completion of RMB 13 mln pre-Series A funding led by Longlin Capital, with participation by IT solutions provider Ultrapower Software (300002.SZ) and Initial Capital. Read More

Rumor: China Mobile, Alibaba Partner on Fetion Operation

Tencent Tech, 10/24/14

According to an industry source, China Mobile (NYSE: CHL; 0941.HK) and Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) are planning to establish a joint venture entity responsible for operation of China Mobile's Fetion mobile messaging platform. Read More

Rumor: Baidu Applies for MVNO License

Tencent Tech, 3/26/14

According to an industry insider, Chinese internet company Baidu (Nasdaq: BIDU) has applied for a mobile virtual network operator (MVNO) license from China's Ministry of Industry and Information Technology (MIIT). Read More

Ultrapower, Qihoo 360 Partner on Gaming

Southern Metropolitan News, 1/21/14

Beijing-based game developer Ultrapower Software (300002.SZ) has announced a strategic gaming partnership with Qihoo 360 (NYSE: QIHU) subsidiary 360 International Development. Read More

Ultrapower Takes Stake in Gaming Firm

Shenzhen Stock Exchange, 9/27/13

Beijing-based IT solutions provider Ultrapower Software (300002.SZ) has announced that the company will spend RMB 200 mln to take a 20% stake in browser and mobile game developer and operator Beijing Zhongqing Longtu Network Technology. Read More

Ultrapower to Acquire Mobile Solutions Provider Wichina

Shenzhen Stock Exchange, 8/15/13

Beijing-based IT solutions provider Ultrapower Software (300002.SZ) announced today that it plans to raise more than RMB 55 mln to purchase a 100% stake in Beijing-based mobile internet solution provider Wichina. Read More

Rumor: Ultrapower to Acquire Camel Games

GameLook, 8/12/13

According to an industry source, Beijing-based IT solutions provider Ultrapower Software (300002.SZ) plans to acquire Beijing-based mobile game developer Kemu Software (Camel Games) for RMB 600-800 mln. Read More

China Mobile Tenders for Fetion Tech Support Services

Shenzhen Stock Exchange, 4/16/13

In a public filing today, Beijing-based IT solutions provider Ultrapower Software (300002.SZ) revealed that China Mobile's (NYSE: CHL; 0941.HK) Guangdong subsidiary announced a tender for technical support and software development services for the operator's Fetion mobile instant messaging platform on April 12. Read More

Update: China Mobile to Integrate Fetion, Fei Liao

Netease Tech, 3/25/13

According to a recently leaked internal document from China Mobile (NYSE: CHL; 0941.HK), the company has reached a decision to integrate its two IM platforms, Fetion and Fei Liao, and will launch a tender for technical support services of the combined platform from multiple providers. Read More

Rumor: China Mobile to Acquire Fetion from Ultrapower

Securities Daily, 11/19/12

China Mobile (NYSE: CHL; 0941.HK) has reportedly made a bid to acquire its Fetion mobile instant messaging business from IT solutions provider Ultrapower (300002.SZ). Read More