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Rumor: Didi Chuxing Acquires Payment Processing License
Paynews.net, 3/13/17
Xiaoju Kuaizhi Inc ("Didi Chuxing"), operator of Chinese mobile taxi booking and car hire apps Didi Chuxing and Kuaidi Dache, has reportedly fully acquired Beijing-based 19Pay Technology and obtained its payment processing license, according to a source with knowledge of the matter speaking with Chinese news site Paynews.net. Read More
China Telecom Launches Mobile Data Recharge Card
Sohu IT, 12/12/12
China Telecom (NYSE: CHA; 0728.HK) recently announced the launch of mobile data balance recharge cards in Beijing. Read More
Rumor: China to Issue Fifth Batch of Third-Party Payment Licenses
Ebrun, 10/25/12
A source close to the People's Bank of China (PBoC) revealed today that the PBoC will issue as many as 100 licenses in the fifth round of third-party payment licenses for non-financial organizations, which it will issue late this year. Read More
Beijing to Complete Microblog Real Name System by March
Xinhuanet.com, 2/07/12
A spokesperson for the Beijing Internet Propaganda Management Office announced in a recent press conference that Beijing aims to complete mandatory real name registration for microblog platforms by March 16. Read More
Taobao Sites to Add Social Networking Features
Taobao, 12/07/11
Daniel Zhang, president of Hangzhou-based B2C e-commerce platform Taobao Mall, recently disclosed that Taobao companies, including Taobao Mall, Taobao Marketplace and shopping search engine eTao are looking to build an e-commerce social network for Taobao's 400 mln registered users. Read More
Online Game Virtual Item Trading Platform 5173.com to IPO
Sina Tech, 9/13/11
Shanghai-based online game virtual item trading platform 5173.com has filed to IPO on the Hong Kong Stock Exchange in Q4 2011, with an evaluation hearing to be held no earlier than this month, and expects to raise between USD 150-200 mln. Read More
Taomee Files NYSE IPO Prospectus
SEC, 5/18/11
Shanghai-based children's virtual world developer and operator Taomee Holdings Limited has filed its IPO prospectus with the U.S. Securities and Exchange Commission (SEC) to list on the New York Stock Exchange under the ticker symbol TAOM. 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
Shanghai Mobile to Offer Free Micro SIM Cards
Sohu IT, 9/27/10
Shanghai Mobile announced in a recent statement that it will replace subscribers' current SIM cards with Micro SIM cards free of charge, allowing subscribers to use their cards with the iPhone 4 and iPad. Read More
Rumor: China to Launch Mobile Real Name System Sept 1
Southern Metropolitan News, 8/23/10
An industry source claims that the Ministry of Industry and Information Technology (MIIT) has drafted an internal document on implementing real-name registration for mobile phones. Read More
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