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CRM SaaS Provider Udesk Secures RMB 300 Mln Series C

Udesk, 9/27/18

Beijing-based customer relationship management (CRM) Software as a Service (SaaS) provider Wofeng Shidai Data Technology (Udesk) recently announced the completion of RMB 300 mln in Series C funding led by Tiger Global Management, with participation from DCM Ventures and Legend Capital. Read More

Sequoia Capital, Yunfeng Invest RMB 150 Mln in IT Services Provider Yunxi

iYiou, 9/19/18

Hangzhou-based digital transformation solutions and products provider Yunxi Technology recently announced completion of RMB 150 mln in Series A+ funding led by Sequoia Capital China with participation by Series A investor Yunfeng Capital. Read More

Rumor: Chinese Ministry Orders Take-down of All Online Poker Games by June 1

Eastday.com, 4/19/18

China's Ministry of Culture and Tourism is reportedly preparing to launch new regulations on online card games and has required all PC client and mobile app platforms to immediately cease offering downloads of poker games. Read More

China's MOC Announces Results of Mobile Game Crackdown

Xinhuanet, 3/14/14

On March 14, China's Ministry of Culture (MOC) announced the results of previously implemented mobile game regulations, requiring Chinese gaming companies to make certain reforms before the end of 2013. Read More

China's Ministry of Culture Regulates Mobile Gaming Industry

Ministry of Culture, 12/13/13

China's Ministry of Culture (MOC) has released a list of mobile gaming companies found to be engaged in illegal or infringing online cultural activities. Read More

Chinese SNS Management Software Lands USD 8-Digit Funding

Tencent Tech, 10/08/13

Beijing-based Moshi Century Technology, developer of social media management software "Social Touch," recently announced that the company has landed USD 8-digit third-round funding from Sierra Ventures, Legend Capital, and GGV Capital. Read More

Baidu, Yihaodian Deepen Strategic Partnership

Netease Tech, 3/20/13

On March 20, Chinese B2C online retailer Yihaodian and internet company Baidu (Nasdaq: BIDU) announced a strategic partnership that will see the two companies explore joint efforts in resource-sharing, Big Data applications, ad placement, mobile e-commerce, and user platforms including image search, Baidu PostBar, and mobile clients. Read More

MoC Investigates Online Card, Board Game Gambling

Sina Games, 5/23/12

China's Ministry of Culture (MoC) recently announced it will carry out inspections of online card and board game websites in May and June nationwide following reports of illegal online gambling in provinces such as Zhejiang and Guangdong. Read More

Online Ad Metrics Firm Moment Lands USD 20 Mln in Funding

ChinaVenture, 10/24/11

Beijing-based online advertising metrics firm Moment Systems has obtained USD 20 mln in funding from Kleiner Perkins Caufield & Byers (KPCB), China Broadband Capital, Redpoint Ventures, and WPP Digital. Read More

Laid Off Ku6 Employees Seek Government Intervention

National Business Daily, 5/24/11

According to a former employee of Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6 (Nasdaq: KUTV), recently dismissed staff have requested that the Haidian District Labor Bureau in Beijing investigate Ku6's recent round of layoffs. Read More