Internet

Tuniu Net Revenue Up 11.7% In Q3 2019

Chinese online tourism service provider Tuniu.com recently published its financial report for the third quarter ended September 30, 2019, stating that the company's net...

Alibaba To Enhance Strategic Cooperation With Chongqing

According to reports in Chinese local media, Chongqing government recently signed a comprehensive strategic cooperation agreement with Alibaba Group and Ant Financial Group. With the...

Aliyun To Fully Acquire Chaitin Tech

According to reports in Chinese local media, Aliyun plans to fully acquire Chaitin Tech and the latter will maintain its independent brand, team, and...

Tencent To Acquire 29% Stake In Norwegian Game Developer

According to reports in foreign media, Norwegian game developer Funcom announced that Chinese Internet giant Tencent has agreed to acquire a 29% stake in...

Baidu PC Browser Formally Stopped Service

Baidu browser recently published a notice on its official website, stating that Baidu's PC browser formally stopped service. In May 2019, Baidu PC browser already...

PayPal Formally Enters Chinese Payment Service Market

American digital payment platform PayPal Holdings Inc recently gained approval of the People's Bank of China, which allows the company to purchase a controlling...

Bitauto Received Privatization Offer From Tencent

Bitauto.com recently published an announcement, stating that the company's board of directors received a preliminary non-binding privatization proposal. It is said that the privatization proposal...

Google Launched Grow with Google Program In China

During Google's developer conference, its Greater China president Chen Junting announced that Google's "Grow with Google" program, which has been launched in over 80...

Ctrip Operating Revenue Up 19% In Q2 2019

Chinese online tourism service provider Ctrip.com announced that its net operating revenue for the second quarter of 2019 was CNY8.7 billion, a year-on-year increase...

NetEase Launched New Ecological Partnership Strategy

According to reports in Chinese local media, NetEase recently published a cooperation partnership strategy basing on a future new ecology and the company released...

China Unicom, Tencent Reached Strategic Cooperation For E-sports

China Unicom and Tencent E-sports recently signed a strategic cooperation agreement and the two parties will jointly build a "5G e-sports joint lab". According to...

Sina Reported Net Operating Revenue Of USD530 Million In Q2 2019

Sina recently published its unaudited financial report for the second quarter of 2019, stating that the company's net operating revenue was USD533.1 million, a...

Alibaba Net Profit Up 54% In Q1 2019

Alibaba Group recently published its results for the first financial quarter of 2019 ended June 30, stating that the group's revenue reached CNY114.924 billion,...

NetEase Published Financial Report For Q2 2019

Chinese Internet company NetEase recently published its unaudited financial report for the second quarter of 2019, stating that its net income was CNY18.769 billion,...

Tencent Rumored To Acquire 10% Stake In UMG

According to reports in foreign media, China's Tencent has entered initial negotiations with French media group Vivendi, aiming to acquire a 10% stake in...

Ctrip Signed USD2 Billion Loan Agreement

Chinese Internet tourism service provider Ctrip.com recently announced that the company had signed a fund raising agreement with specific financial institutions to raise up...

China's NetEase To Invest In Canadian Game Developer

China's NetEase recently announced plans to make a strategic investment in Behavior Interactive, the largest independent video game developer in Canada, to gain a...

Tencent May Invest In Indian Audio/Video Enterprise

According to reports in Taiwanese media, Tencent will cooperate with India's leading mobile payment service company Paytm to invest about USD100 million into the...

Tencent Published Overall Open Source Roadmap

Du Jun, chairman of Tencent Open Source Alliance and member of Tencent Open Source Management Office, recently published Tencent's overall open source strategic roadmap...

Letv.com Formally Hired Liu Yanfeng As General Manager

Letv.com recently published an announcement, stating that the company's board of directors has decided to appoint Liu Yanfeng as general manager, with a term...

Baidu Tourism To Fully Stop Services On June 30

Baidu Tourism published an announcement on its official website, stating that due to business restructuring, Baidu Tourism will fully stop services on June 30,...
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