Internet

Baidu To Open Own Intelligent Remote Office Platform

Baidu recently announced to open its own intelligent remote office platform Baidu Hi to the public. Meanwhile, the company will provide free services like HD...

China Has Over 230,000 Online Educational Enterprises

According to reports in Chinese local media, by February 2, 2020, China's Ministry of Education had organized 22 online course platforms to open over...

Tencent To Acquire Funcom For USD148 Million

According to reports in foreign media, Tencent and Norwegian computer game developer Funcom announced in a joint statement that Tencent has launched a bid...

Tencent's WeTV Reached Strategic Cooperation With CH3 In Thailand

WeTV, the international version of Tencent Video, announced strategic cooperation with BEC World, operator of Thailand's CH3 TV channel. With the cooperation, the two parties...

Indian Meal Delivery Provider Gained USD150 Million Investment From Ant Financial

According to reports in foreign media, Indian meal delivery platform Zomato recently gained USD150 million investment from its current investor Ant Financial. After the investment,...

Giant Appoints New Co-CEO

Giant Interactive Group recently announced to appoint Wu Meng, producer of "Battle of Balls", as the group's new co-CEO and Wu will be fully...

Renren Returns To Social Market With New App

Beijing Infinitas Interactive Media Co. Ltd recently announced the launch of new Renren app version 1.1.0, which resumed Renren's classmate relationship-oriented social network positioning...

China's YY Renamed To JOYY

According to reports in foreign media, Chinese social media platform YY Inc. has renamed to JOYY Inc. and the rename decision has been approved...

Meituan Appoints New VP

China's Meituan recently published an announcement to appoint Li Shubin as vice president, leading the company's app division. Li previously worked as CEO of Okbuy,...

Giant Appointed New CFO

Giant Interactive Group recently confirmed to appoint Meng Wei as its new chief financial officer, leading capital market and financial management. This marks another senior...

Alibaba, Ant Financial Enhanced Strategic Cooperation With ICBC

Alibaba, Ant Financial and Industrial and Commercial Bank of China signed an agreement in Beijing to fully enhance their strategic cooperation. With the cooperation, Alibaba...

China's Mobile Payment Transactions Up 61.05% In Q3 2019

The People's Bank of China recently published the general condition of China's payment system for the third quarter of 2019, stating that China's payment...

Secoo Net Profit Up 38.3% In Q3 2019

Chinese luxury e-commerce platform Secoo.com recently published its financial report for the third quarter of 2019, stating that the company's total operating revenue was...

Ctrip, Japan's Dentsu Reached Strategic Cooperation

According to reports in Chinese local media, Chinese Internet tourism service group Ctrip and Japanese advertising and communication group Dentsu formally signed a strategic...

Sofang Net Profit Down 92.8% In Q3 2019

Chinese real estate website Sofang.com recently published its financial report for the third quarter ended September 30, 2019, stating that the company's total operating...

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...
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