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O2O Plastic Surgery Appointment Platform 'Soyoung' Wins USD 70 Mln Series E

36Kr.com, 9/04/18

Beijing-based Xinyang Technology, operator of online and mobile O2O plastic surgery appointment booking platform Soyoung.com, announced today the completion of USD 70 mln in Series E funding led by Orchid Asia Group Management with participation from BOC International, Russia-China Investment Fund, and Matrix Partners China, making Soyoung a unicorn in the field of internet healthcare. 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

Panda Breeding Center, China Mobile's Migu Ally on Panda-themed IP Operations

People's Posts and Telecommunications News, 3/29/18

Chengdu Giant Panda Breeding Research Base and telecom operator China Mobile's (NYSE: CHL; 0941.HK) new media subsidiary Migu Culture Technology recently announced plans to cooperate on panda-themed intellectual property operations. Read More

China's SAIC to Strengthen Regulation of Online Advertising Industry

SAIC, 2/12/18

China's State Administration for Industry and Commerce (SAIC) has issued a notice that from April to October this year, a concentrated effort will be made to reform the following five types of false, illegal online advertising, particularly for online presences with significant social impact and wide coverage such as portal websites, search engines, e-commerce platforms, mobile clients, and new media accounts: 1. Read More

Baidu Ventures Leads Series C Investment in Projector TV Maker XGimi

36kr.com, 11/20/17

Chengdu-based projector TV manufacturer XGimi Technology recently completed Series C funding led by Chinese internet company Baidu's (Nasdaq: BIDU) investment arm Baidu Ventures. Read More

Xinhuanet Taps Parent, Alibaba to Form Information Technology JV

Xinhuanet, 4/12/17

Chinese state-owned news site operator Xinhuanet Co (603888.SH) recently announced that it has signed an agreement to set up a new technology company called "Xinhua Smart Cloud Technology" with several subsidiary companies of parent firm Xinhua News Agency, Ali Venture Capital, and Hangzhou-based Shuwenyun Investment Partnership. Read More

Xiaomi Invests in Online Astrology and Horoscope Platform 'Constellation Goddess'

iHeima, 1/09/17

Beijing-based Constellation Goddess Culture Communications, operator of online astrology and horoscope information platform Constellation Goddess, has announced the completion of RMB 30 mln Series A funding led by Zuoyu Investment Management, and with participation from Tsing Ventures, Chinese Android device maker Xiaomi, and Weiyue Investment. Read More

Online Lifestyle Media and Education Platform 'Read at Ten' Wins RMB 60 Mln Series A

Ctsbw.com, 1/04/17

Xiamen-based Shidian Cultural Communication, operator of online and mobile lifestyle media and education platform "Read at Ten," has completed RMB 60 mln Series A funding led by Qingke Lingxie Investment Management, and with participation from Weiying Capital and SAIF Partners. Read More

Online Independent Media Company WeMedia Lists on NEEQ

Tencent Tech, 11/25/16

Beijing-based online independent media company WeMedia New Media Group, recently listed on China's National Equities Exchange and Quotations (NEEQ) OTC-style agency share transfer system, with the security listed as 'WeMedia Interactive' under the ticker 839628. Read More

Shaanxi Broadcast & TV to Raise RMB 955 Mln for Network Upgrade

Shaanxi Broadcast, 6/16/15

Ad agency services provider and cable TV network operator Shaanxi Broadcast & TV Network Intermediary (600831.SH) has announced a plan to raise up to RMB 955 mln through a private offering of 52.44 mln newly issued shares priced at RMB 18.21 per share to five designated investors. Read More