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Alibaba to Invest RMB 1 Bln in Open Platform for Film Creators

Tencent Tech, 4/18/17

Alibaba Group's (NYSE: BABA) online video site operator Youku Tudou recently announced that the company, Alibaba Literature, and Alibaba Pictures Group (1060.HK) will jointly invest RMB 1.0 bln on "Project HAO," which aims to provide online movie content creators with an open platform, open IPs, and open resources. Read More

Chinese All Digital Publishing Completes RMB 2 Bln Private Placement

Lieyunwang.com, 8/24/16

Beijing-based online and e-book publishing firm Chinese All Digital Publishing (300364.SZ) has officially announced that it has secured RMB 2 bln in a private placement. Read More

Xiaomi Targets 100 Mln Handset Shipments in 2015

Leiyunwang.com, 3/30/14

Lei Jun, CEO of Beijing-based Android device maker Xiaomi, has announced that Xiaomi is targeting revenue of RMB 70 bln in 2014, and anticipates that revenue and handset shipments will reach RMB 100 bln and 100 mln units, respectively, in 2015. Read More

China Unicom, Huawei Partner on Qualcomm-Powered Smartphone

Sohu IT, 8/13/12

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and Huawei subsidiary Huawei Device joined Qualcomm on August 13 to announce the Huawei G330D, a strategic dual-core smartphone offering from the Chinese telecom equipment and terminal manufacturer. Read More

Lenovo Begins Preorders for Smart TV

Sina Tech, 4/06/12

Chinese consumer electronics manufacturer Lenovo (0992.HK) announced on April 5 that it would begin pre-order sales of its smart TV at 10 AM on April 10. Read More

IPS to IPO in 2013

China Business News, 6/20/11

Luan Yumin, chairwoman of Chinese third-party payment service International Payment Solutions (IPS), recently announced that the company has begun preparations to enter the capital market through an IPO sometime in 2013. Read More

Rumor: China Payment Association to Hold Inaugural Meeting in May

Southern Metropolitan News, 5/19/11

According to multiple industry sources, the People's Bank of China (PBoC) yesterday announced that the Chinese Payment and Clearings Association will hold its first meeting in the Great Hall of the People in Beijing on May 23, 2011. Read More

Rumor: China to Launch Third-Party Payment Association in May

China Business News, 5/05/11

According to multiple sources in China's third-party payment industry, the People's Bank of China (PBoC) is preparing to formally launch the Chinese Payment and Clearings Association on May 6. Read More

Rumor: 7 More Companies Apply for Third-Party Payment Licenses

21st Century Business Herald, 2/17/11

On January 28, the Shanghai, Tianjin, and Shenzhen branches of the People's Bank of China (PBoC) reportedly announced a second batch of third-party payment license applicants. Read More

Rumor: Yoka to Acquire ZdFace in H1 2011

Tencent Tech, 12/27/10

Chinese high-end fashion portal Yoka.com is reportedly in discussions to acquire Shanghai-based fashion and cosmetics information and e-commerce platform provider ZdFace, though both firms refuse to comment. Read More