Searching for "Inke"
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In response to Hong Kong media reports, Inke Limited, operator of Chinese mobile interactive video app Inke, has confirmed it was approved to list in Hong Kong on June 22, and intends to initiate the IPO as soon as this week. Read More
Morgan Stanley, China Merchants Bank, China Securities Co., and Chinese microblogging platform Weibo (Nasdaq: WB) have made a strategic investment in Beijing-based social media marketing firm Tianxiaxiu Technology (InMyShow Inc.) The RMB 600 mln investment covers both Series C and Series C+ rounds. Read More
China's Ministry of Culture (MOC) recently shut down 11,929 live broadcasting rooms on online live streaming platforms for content violations, and ordered 18,977 live broadcasting rooms to correct rules violations. Read More
Beijing-based Kuaiyouhao Information Technology, operator of online business registration service platform Kuaifawu.com, recently announced that Chinese internet and mobile services firm Tencent (0700.HK) will purchase an equity stake in Kuaiyouhao at its existing valuation, and Kuaifawu will use these funds exclusively for ad placements within Tencent's business ecosystem, including ads on social advertising system Guangdiantong and mobile messaging platform WeChat. Read More
China's Ministry of Culture has announced plans to conduct random inspections of live streaming operators in 2017, with a focus on cracking down on performances including vulgar or obscene content. Read More