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Online Handset Recycling Platform 'Huishou Bao' Wins RMB 300 Mln Series B

36Kr.com, 10/09/17

Shenzhen-based handset recycling platform operator Huishou Bao Technology has completed RMB 300 mln in Series B funding led by Strait Capital at a valuation of over RMB 1.5 bln. Read More

Mobile E-sports Firm Hero Interactive Completes RMB 1.7 Bln Pre-IPO Funding

Cnstock.com, 9/29/17

Beijing-based mobile e-sports organizer and promoter Hero Interactive Technology (430127.NEEQ) recently completed RMB 1.7 bln in pre-IPO funding led by China State-owned Venture Capital with participation from Shaanxi Culture Industry Investment Group and Gopher Asset Management. Read More

Hero Interactive's Sports Subsidiary Secures RMB 640 Mln in Funding

Focus Media, 7/29/16

Chinese sports and e-sports event organizer Hero Sports Management, a subsidiary of Hero Interactive Technology (430127.NEEQ), has completed a RMB 640 mln funding round from Chinese digital media group Focus Media Holding (002027.SZ), DMG Cultural Industrial Fund and Yongtong Fund, among others. Read More

Shiji Tiancheng Invests RMB 100 Mln to Promote FPS

Donews, 9/19/12

Cao Nianbao, chairman of Shanghai-based online game developer and operator Shiji Tiancheng, has revealed the company will invest over RMB 100 mln to promote its licensed first-person shooter (FPS) Shadow Company. Read More

KongZhong Q4 2010 Profit Up 149% YoY

PR Newswire Asia, 3/03/11

Chinese mobile Internet and online gaming company KongZhong (Nasdaq: KONG) today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010, with total revenues for the quarter up 5% YoY to USD 36 mln. Read More

Rumor: KongZhong to Release New 3D MMO

DoNews, 11/18/10

An industry source has revealed that wireless value-added service provider, WAP portal operator, and online game developer and operator KongZhong (Nasdaq: KONG) will soon unveil "Kungfu Hero," a 3D MMORPG developed by an international team. Read More

Rumor: Tencent Completes Gamegoo Acquisition

DoNews, 11/11/10

An industry source revealed today that Shenzhen-based internet company Tencent (0700.HK) has completed its strategic acquisition of Beijing-based browser game developer Gamegoo for an as-yet undisclosed sum. Read More

Snail Game Plans 2010 Domestic IPO

Tencent Games, 6/11/10

Shi Hai, founder and chairman of Suzhou-based online game developer Snail Game, disclosed today the company plans to IPO on Shenzhen's ChiNext growth enterprise board this year. Read More

Snail Game VP Discusses North America Strategy

Sina Games, 4/06/10

He Yixi, vice president of Suzhou-based online game developer Snail Game, has said that the company established its U.S.-based subsidiary, Snail Games USA, in 2009. Read More

Linekong to Release Game on Five Major Chinese Sites

Sina Tech, 9/02/09

Beijing-based online game developer and operator Linekong Entertainment has officially launched its 3D turn-based MMORPG Hero with a coalition of online operators. Read More