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Koubei Invests RMB 100 Mln in Online Wedding Service Provider Huanxiong

36Kr.com, 6/15/18

Hangzhou-based Huanxiong Technology, developer of mobile wedding services app Licheng, recently completed approximately RMB 100 mln in Series B funding from online and mobile local life service platform Koubei, an affiliate of Chinese internet conglomerate Alibaba Group (NYSE: BABA). Read More

Online Wedding Service Platform MarryMemo Secures USD 65 Mln Series C

36Kr.com, 3/19/18

Hangzhou-based Suncloud, operator of online and mobile one-stop wedding services platform Hunli Ji ("MarryMemo"), recently announced completion of USD 65 mln in Series C funding led by Orchid Asia Group Management with participation by Matrix Partners China and Fosun RZ Capital. Read More

Kunlun Wholly Acquires American Gay SNS App Grindr

Kunlun Tech, 5/23/17

Beijing-based PC and mobile online game developer and operator Kunlun Technology (300418.SZ) has announced the company has wholly acquired Grindr Holding Company, the operator of US gay-oriented social networking app Grindr. Read More

Tencent Invests in Production Company 'Haoliners Animation'

DoNews, 1/18/17

Shanghai-based animation production firm Huijie Culture Communication (Haoliners Animation) recently announced completion of RMB 9-digit funding from Chinese internet and mobile services firm Tencent (0700.HK) and Wutongshu Investment. Read More

Alipay Launches Invitation-only Social Groups

Sina Tech, 11/08/16

Chinese third-party payment processor Alipay has rolled out a number of invitation-only social groups based on tagged social identities or affinities, such as "Overseas Educated Chinese Returnee Elites," "US TV Shows," and "Eligible Singles," according to various Alipay users who have received invitations to join the groups. Read More

China's Internet Watchdog Closes 35 Illegal Dating Sites

CAC, 4/22/15

Thirty-five dating sites or matchmaking channels on websites have been shut down after an ongoing nationwide campaign by the Cyberspace Administration of China found them in serious violation or relevant regulations. Read More

Dating Site Baihe Seeks RMB 1.5 Bln Funding in Drive to A-share IPO

Sohu IT, 4/21/15

Shengda Mining (000603.SZ) and Dahu Aquaculture (600257.SH) each issued statements today disclosing capital investments of RMB 80 mln and RMB 25 mln, respectively, in Baihe Online, operator of Beijing-based online dating site Baihe. Read More

Baidu Unveils 'Baidu Wallet' Payment Brand

21st Century Business Herald, 4/16/14

Chinese internet company Baidu (Nasdaq: BIDU) has announced the launch of a new "Baidu Wallet" ("Baidu Qianbao") payment brand, replacing the company's former "Baifubao" brand. Read More

ECode Licenses Mobile Game Adaption Rights from Shanda Cloudary

Sootoo, 11/06/13

On November 5, Beijing-based mobile and browser game developer ECode Network Technology announced at a press conference that the company has obtained the mobile game adaptation rights for online novel Maoshan Houyi. The game will be developed using the Unity 3D engine, and is expected to be released in May or June of 2014. Read More

Rumor: Tencent, Alibaba in Talks to Acquire Jiayuan

Sina Tech, 7/18/13

According to industry sources, Chinese internet and mobile services firm Tencent (0700.HK) and e-commerce conglomerate Alibaba Group have both expressed interest in acquiring Beijing-based online matchmaking site operator Jiayuan.com (Nasdaq: DATE). Read More