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Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation

TechWeb, 9/13/18

Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More

Alibaba Invests in Electric Car Maker Xpeng Motors

Sina Tech, 12/10/17

Chinese internet conglomerate Alibaba (NYSE: BABA) recently invested in Guangzhou-based Xiaopeng Motors Technology, the operating entity behind electric car maker Xpeng Motors. Read More

Social Media Marketing Service InMyShow Secures RMB 600 Mln Funding

Xiaobaibucai521, 8/14/17

Morgan Stanley, China Merchants Bank, China Securities Co., and Chinese microblogging platform Weibo (Nasdaq: WB) have made a strategic investment in Beijing-based social media marketing firm Tianxiaxiu Technology (InMyShow Inc.) The RMB 600 mln investment covers both Series C and Series C+ rounds. Read More

Alibaba's Online Video Platform Tudou to Transform into Short-video Platform

Sina Tech, 3/31/17

Alibaba Group's (NYSE: BABA) Alibaba Digital Media and Entertainment Group has announced that its subsidiary online video site Tudou will be completely transformed into a short-video platform, and will be led by He Xiaopeng, president of Alibaba Digital Media and Entertainment Group's mobile business division. Read More

Alibaba's Mobile Browser to Launch WeChat-like Platform for Content Providers

iFeng Tech, 5/10/16

Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) mobile business division recently announced a new "UC Dingyuehao" platform within the company's UCWeb mobile browser, which will drive traffic and monetize content for content providers. Read More

Alibaba's Koubei to Spend RMB 5 Bln on Offline Merchants in 2015

I.wshang.com, 9/08/15

Fan Chi, CEO of Alibaba Group's (NYSE: BABA) Hangzhou-based subsidiary Koukou Xiangchuan Network Technology, has announced that Koukou Xiangchuan's online and mobile local life service platform Koubei will invest RMB 5 bln to help transform the local life services industry, including restaurants, supermarkets, and entertainment venues. Read More

Hunan TV & Broadcast to Acquire 51% Stake in Mobile Internet Firm 'Jiuzhi Tianxia'

Hunan TV & Broadcast, 6/12/15

Hunan TV & Broadcast Intermediary (000917.SZ) has announced it will acquire a 51% stake in Shenzhen-based mobile internet firm Jiuzhi Tianxia Technology. Read More

Tencent App Store Daily Downloads Hit 110 Mln

DoNews, 12/19/14

Wang Bo, VP at Tencent (0700.HK), has announced that daily app downloads from the Chinese internet and mobile services firm's "Myapp" app store have reached 110 mln. Read More

Weibo, Qihoo, UCWeb Cooperate on Independent Blogger Platform

Sina Tech, 7/10/14

Chinese microblogging platform Weibo (Nasdaq: WB), internet firm Qihoo 360 (NYSE: QIHU), and mobile browser developer UCWeb have jointly announced the launch of an independent blogger platform. Read More

Alibaba Acquires Remaining Stake in UCWeb

36Kr, 6/11/14

Chinese e-commerce conglomerate Alibaba Group and third-party mobile browser developer UCWeb today jointly announced that UCWeb will be completely merged into Alibaba, with Alibaba acquiring all remaining shares in UCWeb not already owned by the company. Read More