With worries that the new bird flu outbreak could constrict the Chinese travel sector, tourism company Qunar.com has plowed ahead and closed its latest investment round, gaining USD57 million from Baidu.com, Hillhouse Capital, and GGV Capital.

German software giant SAP is reportedly preparing a listing on the Shanghai Stock Exchange, aiming to gain financial support from the Chinese market.

Chinese social networking VoIP company YY Inc. is tempting fate with its just-submitted initial public offering application to the U.S. Securities and Exchange Commission.

With an eye towards a potential overseas initial public offering, Chinese B2C e-commerce website 360buy.com has started the public beta testing of its English-language website, directly selling products to overseas buyers.

Nokia will build an experience innovation center in Beijing to provide a mobile Internet entrepreneurial solutions platform; serve developers and entrepreneurs; and promote the building of a world-class software ecological park in Beijing.

Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg's office in San Francisco that the company plans to launch its initial public offering in 2013.

Chinese group buying website Meituan.com published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012.

By paying only USD60 million, Apple appears to have gained the upper hand in a trademark dispute against a Chinese technology company.

Ftuan.com, a Chinese group buying website, and Gaopeng.com, the joint venture between Tencent and Groupon, have reportedly completed their merger and integration, and the new company will be led by Lin Ning from Ftuan.com.

AdChina Ltd., an Internet advertising company in China, has issued its draft prospectus for an eventual initial public offering of its Cayman Island entity on Nasdaq under the symbol ADCN.

Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013.

China Xinhua News Network Corporation, the Chinese state-owned television network owned by the Xinhua News Agency, announced that the restructuring and listing of the video assets of the Xinhua News Agency has been completed in Hong Kong, providing international capital market platform support to the development of the overseas television business of Xinhua News Agency.

Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.

Liu Chuanzhi, Lenovo Group's founder and chairman, is moving aside for CEO Yang Yuanqing to assume the dual role of chairman and CEO.

Tudou means potato in Mandarin Chinese, and online video website Tudou.com's market debut today showed the company was more of a couch potato as it lazily watched its overvalued aspirations sink on the first day of trading.