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Today's Headlines Launches Applet Function
Techweb, 9/18/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, recently announced a new in-app applets function, following the release of applet functions by other platforms such as Tencent's (0700.HK) WeChat mobile messaging app, Alibaba's (NYSE: BABA) third-party payment platform Alipay, and search giant Baidu (Nasdaq: BIDU). Read More
SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook
Huanqiu Tech, 8/07/18
Beijing-based AI video solutions provider Moviebook Technology recently announced completion of RMB 1.36 bln in Series D funding from more than ten investors and strategic partners including computer vision and AI technology developer SenseTime Technology, SoftBank China Venture Capital, Shanghai-based media firm Oriental Pearl Media (600637.SH), PAC, Shenzhen Qianhai Wutong M&A Fund, Langsheng Investment, and individual investor Ge Weidong. Read More
Regulators Crack Down on Short Video Operators Bilibili, Miaopai
TechWeb, 7/27/18
Chinese regulators have conducted a cleanup operation targeting China's online short video industry, including bullet-screen video platform operator Bilibili Inc. (Nasdaq: BILI), Weibo's (Nasdaq: WB) official mobile short video recording and sharing app Miaopai, and 17 other online short video platforms. Read More
Discounted Event Ticketing Platform Moretickets Wins USD 60 Mln Series C
36Kr.com, 7/09/18
Shanghai-based Juqi Network Technology, operator of online ticket-booking platform Moretickets.com (the platform name is Motianlun, meaning "Ferris Wheel"), recently announced completion of USD 60 mln in Series C funding led by TPG Growth with participation by Hillhouse Capital Management and prior-round investors DCM Ventures, Matrix Partners China, Blue Lake Capital, Qiming Venture Partners, and Nanshan Capital. Read More
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
Happigo Secures CSRC Approval to Acquire Five Hunan Broadcasting Businesses
Happigo, 6/22/18
TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
Today's Headlines Allies with Satellite TV Networks on Content Production, Promotion
Securities Times, 6/20/18
Online and mobile news portal platform Today's Headlines, operated by Beijing-based Bytedance Technology, has made an announcement in Shanghai that it has formed a strategic partnership with five major satellite television networks including Hunan Satellite TV, Beijing Satellite TV, Dragon TV, Jiangsu Satellite TV and Zhejiang Satellite TV. Read More
Semantic Interaction Solutions Provider Qiwu Completes RMB 50 Mln Series A
36Kr.com, 6/06/18
Shenzhen-based Renma Interactive Technology, operator of semantic interaction solutions brand Qiwu, recently announced completion of RMB 50 mln in Series A funding led by Shanghai-based Beiyue Industry with participation by an investment fund managed by Lihe Zaiwu Venture Capital (Leaguer VC), game developer Boyaa Interactive (0434.HK), Youmi Mobile Technology (834156.NEEQ), Zhongtong Capital, and individual investors Dai Zhikang and Xu Shandan. Read More
Online Long-term Apartment Rental Platform Danke Gongyu Wins USD 70 Mln Series B+
Sohu.com, 6/06/18
Beijing-based Zi Wutong Asset Management, operator of online and mobile long-term apartment rental platform Danke Gongyu (Eggshell Apartment), announced today the completion of USD 70 mln in Series B+ funding led by Tiger Global Management with full participation from Series B investors China Media Capital, Gaorong Capital (formerly Banyan Capital), Joy Capital, Youjin Capital, Vision Plus Capital, and Bertelsmann Asia Investments. Read More
Online Entertainment Firm Perfect World to Raise RMB 1 Bln for Film Investment
Perfect World, 6/04/18
Chinese online entertainment firm Perfect World (002624.SZ) has announced plans to raise up to RMB 1 bln in funding through a non-public offering. Read More
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