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Rumor: Kunlun M&A Plans Prompt SoftBank to Up Supercell Investment

DoNews, 6/02/15

Beijing-based video game developer and operator Kunlun Tech (300418.SZ) is rumored to be preparing to acquire Finnish mobile game developer Supercell, reportedly prompting SoftBank Global Ventures, the private equity arm of Japanese telecom and media corporation SoftBank Corp., to increase its investment in Supercell. Read More

Tencent Invests RMB 50 Mln in Internet TV Technology Provider Huan Tech

Sohu IT, 5/08/15

Chinese consumer electronics manufacturers Changhong (600839.SH) and TCL Corporation (000100.SZ) have both issued announcements that Guangzhou-based internet TV technology provider Huan Technology, in which each owns a minority stake, has secured RMB 100 mln in funding from internet and mobile services firm Tencent (0700.HK) and Tianjin Chengbo Investment Management. Read More

Jingdong Releases Mobile Payment App

iFeng.com, 4/01/14

Beijing-based B2C e-commerce company Jingdong's (JD.com) financial services subsidiary Chinabank has released a mobile payment app, Chinabank Wallet ("Wangyin Qianbao"), currently only available for Android users. Read More

Jingdong Launches Rebranded Chinabank Payment Platform

Tencent Tech, 3/07/14

Beijing-based B2C e-commerce platform JD.com (Jingdong) re-launched its online and mobile payment service today, "Chinabank Wallet" ("Wangyin Qianbao"), stating that the company plans to consolidate all user payments, consumer loans, and investment services onto the platform. Read More

Jingdong Obtains Securities Payment License, Plans Financial Products

Sohu IT, 12/10/13

Liu Changhong, Director of Financial Development at Beijing-based B2C e-commerce platform Jingdong, has stated that Jingdong's online banking and third-party payment subsidiary Chinabank Payments has obtained a securities payment license from the China Securities Regulatory Commission (CSRC), with the license already issued a full two weeks ago. Read More

Rumor: Xiaomi, Changhong to Partner on TV, Handset Markets

Tencent Tech, 11/06/13

An industry source has revealed that Lei Jun, CEO and Chairman of Beijing-based Android handset developer Xiaomi, is currently in private talks with Zhao Yong, Chairman of Chinese consumer electronics manufacturer Changhong (600839.SH), regarding an entry into the TV and living room appliances market. Read More

Alibaba, Wasu Announce TV STB 'Wasu Rainbow'

iFeng Tech, 7/22/13

Chinese e-commerce conglomerate Alibaba Group has announced the release of the company's new smart TV/STB operating system, as well as a new set-top box (STB) product jointly developed with Chinese media company Wasu Media Holding (000156.SZ), the "Wasu Rainbow" ("Huashu Caihong"). Read More

China Telecom Kicks Off 2013 IPTV STB Tender

Lmtw.com, 3/11/13

China Telecom (NYSE: CHA; 0728.HK) launched its 2013 tender for IPTV smart set-top boxes (STBs) on March 8. Read More

China Telecom IPTV STB Bid Prices Reach Record Lows

Lmtw.com, 11/28/12

China Telecom (NYSE: CHA; 0728.HK) today announced that bids in its 2012 IPTV set-top box (STB) tender for 3.54 mln SD STBs and 1.25 mln HD STBs have reached record lows. Read More

Tyloo Begins Production of Unaided 3D TV Sets

Zhoushan.cn, 9/14/12

Zheng Deyu, CEO of Zhejiang-based display manufacturer Tyloo Optical, recently announced that Tyloo Group, Hisun Group, and Celvision have jointly invested in a RMB 120 mln glasses-free 3D TV set production line scheduled to go online in mid-September. Read More