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JD.com Announces '35711 Vision' for the Next Twenty Years
JD.com, 6/18/23
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) celebrated its 20th anniversary on June 18 by announcing ambitious goals for the future. Read More
Rent Installment Platform 58 Fangdai Completes Series D Financing
iYiou, 1/19/17
Nanjing-based Banghang Investment Management, operator of mobile rent installment payment platform 58 Fangdai, has reportedly completed USD 8-digit Series D funding. Read More
JD.com to Shutter C2C E-commerce Platform Paipai by Year-end
JD.com, 11/10/15
Beijing-based B2C e-commerce platform JD.com (Nasdaq: JD) announced today through its official account on Tencent's WeChat mobile messaging app that its C2C e-commerce platform Paipai.com will cease taking new orders from December 31, 2015, and will be officially shut down by April 1, 2016. Read More
LeTV to Raise RMB 7.5 Bln through Private Placement
LeTV, 5/26/15
Chinese online video and internet TV content provider LeTV (Leshi) (300104.SZ) has announced a plan to raise up to RMB 7.509 bln through a private offering of additional shares to no more than five designated investors. Read More
Fresh Food Delivery Site Dmall Secures USD 100 Mln Angel Funding
Beijing Business Today, 4/30/15
Shenzhen-based fresh food delivery site Dmall, which was founded by the former chairman of Chinese telecom equipment and terminal manufacturer Huawei Technologies' Honor smartphone brand Jeff Liu, has won USD 100 mln angel funding from IDG Capital. Read More
Baidu Announces Mobile Game Revenue Sharing Policies
Tencent Games, 4/23/14
Chinese internet company Baidu (Nasdaq: BIDU) has announced the launch of the company's newly integrated mobile gaming platform, "Baidu Mobile Gaming," at the same time disclosing details of Baidu's revenue-sharing policies for mobile games released on the platform. Read More
New Oriental to Release Mobile English Learning App
National Business Daily, 4/22/14
Zu Teng, head of Chinese education services provider New Oriental's (NYSE: EDU) operations department, has announced the establishment of a new mobile education subsidiary, Leci Network Technology. Read More
Rumor: Qihoo 360 Sweetens Mobile Game Revenue Share
Sina Tech, 1/23/14
According to an insider at Chinese internet firm Qihoo 360 (NYSE: QIHU), the company will adjust the revenue sharing policies on its mobile game distribution platform. Read More
NetDragon to Downsize, Shift to Education Business
Cnsoftnews.com, 12/05/13
According to internal sources at Fuzhou-based online game developer and operator NetDragon Websoft (0777.HK), the company will undergo significant downsizing before the end of the year, cutting its workforce by as much as 30%, or about 1,000 employees. Read More
Rumor: UCWeb Acquires PP Assistant for USD 100 Mln
Sootoo, 10/18/13
According to Chinese tech media reports, third-party mobile browser developer and mobile game platform operator UCWeb has acquired Guangzhou-based Teiron, operator of mobile app store PP Assistant, for approximately USD 100 mln. Read More
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