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SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook

Huanqiu Tech, 8/07/18

Beijing-based AI video solutions provider Moviebook Technology recently announced completion of RMB 1.36 bln in Series D funding from more than ten investors and strategic partners including computer vision and AI technology developer SenseTime Technology, SoftBank China Venture Capital, Shanghai-based media firm Oriental Pearl Media (600637.SH), PAC, Shenzhen Qianhai Wutong M&A Fund, Langsheng Investment, and individual investor Ge Weidong. Read More

Oriental Pearl, Qihoo 360 Partner on Mobile Internet Business

Oriental Pearl, 12/19/15

Shanghai-based media firm Oriental Pearl Media (600637.SH) has announced the formation of a strategic partnership with Chinese internet services and security software provider Qihoo 360 (NYSE: QIHU) to develop a joint brand, BesTV 360, that focuses on mobile internet. Read More

China Mobile's Gaming, Music Firm 'Migu' Officially Starts Operation

Xinhuanet, 1/13/15

China Mobile's (NYSE: CHL; 0941.HK) gaming and music subsidiary, Migu Culture Technology, will begin operations on January 15, within the China Mobile group headquarters in Beijing. Read More

Alibaba to Invest in Merged BesTV+Oriental Pearl Media Firm

21st Century Business Herald, 9/25/14

According to an investor in Chinese media conglomerate Shanghai Media Group (SMG), e-commerce giant Alibaba Group (NYSE: BABA) will make an RMB 9-digit strategic investment in an unnamed publicly traded media company. Read More

State-Owned Media Firm Invests in Shanda Cloudary

Tencent Tech, 7/16/13

Xinhua News Agency subsidiary Xinhua New Media Culture Communication has made a strategic investment in Chinese online media and game operator Shanda Interactive's wholly owned online literature subsidiary, Cloudary Corporation (Shanda Literature), according to a joint announcement made today by the two companies. Read More

Update: Vivame Completes Second-Round Funding

Sohu IT, 11/05/12

Beijing-based mobile new media platform technology and operating services provider Vivame Technology today announced it has completed a new round of funding, with internet services and security software provider Qihoo 360 (NYSE: QIHU) becoming a strategic investor, and Qihoo 360 CEO Zhou Hongyi becoming a board member. Read More

Rumor: Alibaba Group, Yahoo Reach Agreement on Alipay

The Wall Street Journal, 6/01/11

Chinese e-commerce conglomerate Alibaba Group and Yahoo have reached an agreement in principle in order to resolve the dispute concerning the transfer of ownership of Alibaba Group's online payment processor Alipay, an industry source has told the Wall Street Journal. Read More

SMC Establishes New Media Company

Sina Tech, 9/09/10

On September 8, Chinese media firm Southern Media Corporation (SMC) established a new media company. Read More

CCID Media Loses Two Directors and VP

Sina Tech, 11/12/09

Two directors and one executive at Chinese media firm CCID Media (000504.SZ) have resigned. Read More

Handset Media Firm Receives USD 10 Mln JV Funding

Sina Tech, 1/20/09

Mobile new media platform technology and operating services provider Beijing Vivame Technology Co, Ltd announced today the completion of first-round funding, with a total investment of USD 10 mln coming from Highland Capital, French VC firm Ventech and Edward Tian, former China Netcom GM and the chairman of the China Broadband Capital Partners (CBC) fund. Read More