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Youku Licenses Content to Wasu Media for Cable and IPTV Broadcasting
Wasu Media, 6/26/18
Zhejiang-based new media and cable TV network operator Wasu Media Holding (000156.SZ) has announced its wholly owned subsidiary Wasu Media Networks has reached a partnership agreement with Alibaba Group's (NYSE: BABA) online video platform Youku Tudou which will grant Wasu Media the national cable DTV and IPTV broadcasting rights for Youku's video content. Read More
Push Messaging Service Provider 'Gexin' Raises RMB 400 Mln Series D
PEdaily.cn, 11/21/16
Beijing-based push message solutions provider Gexin Interactive Network Technology recently announced completion of RMB 400 mln Series D funding led by Bole Zongheng Investment Management Center with participation by the former chairman of Wasu Digital Television Media Group and other existing shareholders. Read More
Hunan TV Partners with 5 Cable TV Operators on NGB
Shenzhen Stock Exchange, 4/29/14
Provincial cable operator Hunan TV & Broadcast Intermediary (000917.SZ) has issued a press release announcing a partnership with fellow cable operators Guangdong Broadcast & TV Network, Tianjin Broadcast & TV Network, Hebei Broadcasting and Television Information Network, Yunnan Broadcast & TV Information Transmission Network, and Hangzhou-based Wasu Digital TV. Read More
Jack Ma, Shi Yuzhu Take 20% Stake in Wasu Media
Sina Tech, 4/08/14
Chinese media company Wasu Media Holding (000156.SZ) announced today that Yunxi Investment, an investment firm controlled by Jack Ma, chairman of e-commerce conglomerate Alibaba Group, and Shi Yuzhu, chairman of game developer Giant Interactive (NYSE: GA), has invested over RMB 6.53 bln in cash to acquire 20% of Wasu through the purchase of more than 286.67 mln newly issued shares. Read More
Update: Wasu in Talks with Investors
Sina Tech, 3/03/14
In response to reports that the company has received investment from Chinese e-commerce conglomerate Alibaba Group, Chinese media company Wasu Media Holding (000156.SZ) has issued a statement, revealing that the company halted trading of its shares yesterday to make revisions to its planned 2014 non-public share issuance plan. Read More
Sumavision Confirms Launch of Internet TV Payment Platform
Sina Finance, 8/15/13
Beijing-based digital video and IPTV system provider Sumavision (300079.SZ) recently released a statement confirming that in March 2013, the company began discussions involving integration of its digital TV third-party payment platform "Sumapay" with Future Television, a subsidiary of China Central Television's (CCTV) national online TV station CNTV. Read More
Haier to Release Alibaba OS Smart TV
Sarft.net, 7/31/13
Chinese consumer electronics manufacturer Haier recently confirmed that the company will release a smart TV installed with e-commerce conglomerate Alibaba Group's new smart TV/STB operating system. 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
Shanghai Telecom to Release Internet Video Box 'Magic Box'
Sarft.net, 5/21/13
Shanghai Telecom is preparing to release the "Mohe" (literally, "Magic Box"), an Android set-top box (STB) combining IPTV, internet video, and internet applications. Read More
Rumor: Alibaba to Release Internet TV Set-Top Box
Sina Tech, 5/15/13
According to an industry source, Chinese e-commerce conglomerate Alibaba Group's Alibaba Cloud Computing ("AliCloud") subsidiary plans to release an internet TV set-top box (STB), called "AliBox" (unofficial translation), allowing multi-screen interaction and online shopping through users' TV sets. Read More
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