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WeChat Opens Testing for Applet Games to Developers

Wx-gongkaike, 3/23/18

Chinese internet giant Tencent's (0700.HK) WeChat mobile messaging app has announced the opening of testing for applet games within WeChat. Read More

Sina to Sell 45% Stake in Gaming Subsidiary to Strategic Investors Whole Easy, Mijiao

Whole Easy, 12/12/17

Chinese online game virtual item trading platform operator and mobile game marketing and traffic distribution service provider Whole Easy Internet Technology (002464.SZ) (known as Key Ever Bright Decorative Technology prior to November this year) has announced that it signed an investment and strategic partnership framework agreement with the mainland China operating entity of Sina's (Nasdaq: SINA) microblogging platform Weibo (Nasdaq: WB) in the online gaming, advertising, and entertainment industry domains. Read More

Alibaba's C2C Second-hand Goods Platform Adds Face-to-face Trading Feature

CnBeta.com, 1/06/17

Alibaba Group's (NYSE: BABA) C2C e-commerce site Taobao recently added a face-to-face trading function called "Jian Yi Jian" to its online and mobile C2C second-hand goods trading platform Idle Fish, and specified new usage rules for the function in its updated Idle Fish operating guidelines. Read More

China's MOC to Strengthen Enforcement of Online Gaming Rules

MOC, 12/05/16

China's Ministry of Culture has issued a notice directing online game operators to improve compliance with existing laws governing the industry, including rules prohibiting the conversion of online game virtual currencies into legal tender. Read More

YY Releases Mobile SNS App 'Hello'

TechWeb, 6/26/14

Huanju Shidai Technology, a wholly-owned subsidiary of Chinese voice-chat SNS platform operator YY Inc (Nasdaq: YY), recently released "Hello," a voice-chat based mobile SNS app. Read More

Tencent to Enter Film Industry

Xinhuanet, 6/18/14

Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Video business has announced plans to enter the film industry. Read More

Update: Tencent Establishes WeChat Business Group

36Kr, 5/06/14

Chinese internet and mobile services firm Tencent (0700.HK) has officially announced a new round of internal restructuring, establishing a WeChat Business Group responsible for the company's WeChat (Weixin) mobile messaging application and WeChat open platform, as well as Tencent's "WeChat Pay" third-party payment service, WeChat's "Wei Shenghuo" O2O m-commerce platform, and other WeChat-related services. Read More

Ada Game Lands RMB 7.5 Mln Series A Funding

Investide, 3/28/14

Wuxi-based game developer Ada Game Software announced yesterday that the company has received RMB 7.5 mln in first-round funding from unnamed investors. Read More

Ada Game Allows Gamers to Buy Virtual Items on Credit

Ada Game, 3/27/14

Wuxi-based game developer Ada Game Software has announced that players of the company's self-developed Three Kingdoms-themed mobile strategy game Ada Sanguozhi will be able to purchase in-game items on credit before April 1. Read More

Rumor: China Unicom to Support In-Game Purchase Via Call Credit

China Securities Journal, 8/15/13

A representative from China Unicom (NYSE: CHU; 0762.HK; 600050.SH) has announced at the 2013 China Internet Conference, held in Beijing from August 13 to 15, that the company will launch a new service allowing users to purchase in-game virtual items with calling credit at the end of August. Read More