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Alibaba's UCWeb to Invest RMB 500 Mln to Support Original Content Creation
TechWeb, 9/13/18
Alibaba Group's (NYSE: BABA) UCWeb subsidiary, operator of mobile browser UC Browser, recently announced a "U Creator Plan" to encourage the production of premium original content. Read More
China to Strengthen Management of Online Live Broadcasting Services
The Beijing News, 7/24/18
A group of Chinese regulators is planning to release new rules aimed at strengthening management of online live broadcasting services. Read More
Feud between Tencent, Today's Headlines Escalates with Fresh Lawsuits
BiaNews, 6/02/18
Chinese internet conglomerate Tencent (0700.HK) recently issued a statement saying that Beijing-based Bytedance Technology, operator of popular news aggregation platform Today's Headlines and short video apps Douyin and Huoshan ("Volcano"), and its indirectly wholly-owned subsidiary Microlive Vision Technology, have been slandering Tencent through a number of channels, causing serious harm to Tencent's reputation. Read More
China's SART Orders Closure of Bytedance's Joke Sharing Platform
TechWeb, 4/11/18
China's National Radio and Television Administration (NRTA) has announced that while overseeing the rectification work of online and mobile news platform Today's Headlines, it has discovered obvious problems of vulgar and misguided content on affiliate brand Neihan Duanzi's mobile app and related official account on Tencent's (0700.HK) WeChat mobile messaging app. Read More
Chinese Authorities Order Android App Stores to Suspend Downloads of Top News Apps
Beijing Daily, 4/09/18
Chinese authorities have ordered domestic app stores to suspend download services for four news apps - Today's Headlines (Bytedance), Phoenix News (Phoenix New Media), NetEase News, and Tiantian Kuaibao (Tencent) - by 3pm today, according to feedback from several app store vendors. Read More
Alipay Fined for Violations Related to Consumer Protection, Privacy, and Promotions
Huxiu.com, 4/08/18
The Hangzhou sub-branch of the People's Bank of China, the county's central bank, recently disclosed a notice of administrative penalties which listed Alibaba Group's (NYSE: BABA) affiliate e-payment platform Alipay as being fined RMB 180,000 for violations related to consumer protection, product promotions (misleading advertising), and information privacy. Read More
Didi Chuxing, Chinese Government Sign Credit Information-sharing Agreement
China News, 3/07/18
China’s National Development and Reform Commission (NDRC) and Chinese taxi booking and car hire service app Didi Chuxing recently signed a credit information sharing agreement and launched a credit-based incentives program for Didi Chuxing travelers. 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
Weibo Strengthens Management of Hot Search and Trending Topic Rankings
TechWeb, 1/29/18
Chinese microblogging platform Weibo (Nasdaq: WB), a subsidiary of Sina (Nasdaq: SINA), recently announced that in order to ensure the accuracy and reliability of hot search term and trending topic rankings, it will strengthen enforcement of its rules against manipulating search results and discussion topic rankings and will penalize the direct beneficiaries of such practices. Read More
Identity Authentication Solutions Firm Trusfort Raises RMB 120 Mln Series B2
36Kr.com, 1/15/18
Beijing-based mobile identity authentication service provider Trusfort Technology recently revealed that it completed RMB 120 mln in Series B2 funding in December 2017, in a round led by Yunfeng Capital with participation from Dreamfly Capital Management, SIG Asia Investment, and Redpoint Ventures. Read More
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