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Ant Financial Acquires 5% Stake in Hoperun Software

Hoperun, 6/04/18

Jiangsu-based software outsourcing services provider Hoperun Software (300339.SZ) recently disclosed the signing of a business partnership agreement with Beijing Ant Cloud Financial Information Service, on June 1. Read More

China's Jan-Jun 2013 Software Revenues Up 25% YoY

MIIT, 7/29/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to June 2013, with total national software industry revenue up 25.5% YoY to reach RMB 1.39 trln. Read More

China's Jan-Apr 2013 Software Revenues Up 25% YoY

MIIT, 5/28/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to April 2013, with total national software industry revenue up 25.2% YoY to reach RMB 858.9 bln. Read More

China's Jan-Mar 2013 Software Revenues Up 25% YoY

MIIT, 4/27/13

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to March 2013, with total national software industry revenue up 24.7% YoY to reach RMB 618.9 bln. Read More

China's Jan-Nov 2012 Software Revenues Up 27% YoY

MIIT, 12/28/12

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to November 2012, with total national software industry revenue up 27.3% YoY to reach RMB 2.190 trln. Read More

Rumor: Alibaba to Invest in Financial Software Developer Hundsun

Tencent Tech, 12/11/12

Hangzhou-based financial software and online service provider Hundsun Technologies (600570.SH) suspended share trading on December 3 pending a major announcement, reportedly that the company has obtained USD 500 mln in investment from Chinese e-commerce conglomerate Alibaba Group. Read More

China's Jan-Sep 2012 Software Revenues Up 26% YoY

MIIT, 11/12/12

China's Ministry of Industry and Information Technology (MIIT) has released statistics regarding the software industry for January to September 2012, with total national software industry revenue up 25.8% YoY to reach RMB 1.753 trln. Read More

Insigma, Cisco Establish Cloud JV, Plan Overseas IPO

CNInfo, 9/07/12

Zhejiang-based IT services and software outsourcing provider Insigma Technology (600797.SH) issued a public filing today announcing that its Hangzhou-based systems integration subsidiary Qware Technology Group's Hong Kong subsidiary has signed an agreement with Cisco and Dorkai Information for overseas investment in joint venture City Cloud International. Read More

iSoftStone, Huawei Establish IT Services JV

iSoftStone, 9/04/12

Chinese IT outsourcing and consulting provider iSoftStone (NYSE: ISS) and Chinese telecom equipment and terminal manufacturer Huawei have formed a joint venture to build an IT services provider. Read More

Beyondsoft to Acquire Achievo Subsidiaries for USD 56 Mln

Shenzhen Stock Exchange, 8/20/12

On August 17, Beijing-based IT service outsourcing firm Beyondsoft Corporation (002649.SZ) announced in a public filing that it has reached an agreement with Achievo Corporation to acquire 100% of six of the US IT outsourcing provider's subsidiaries for USD 56.5 mln in cash. Read More