Internet

China's First 5G Base Station Lands In Guangzhou

China Mobile Guangdong has teamed with many manufacturers in opening China's first 5G base station in the Guangzhou Higher Education Mega Center.China Mobile has...

Alipay Arrives In Africa

Chinese Internet payment service provider Alipay formally announced entry into South Africa.The company is aiming to serve Chinese tourists who visit this country.Rita Liu,...

The9 Signs Share Exchange Deal With Korean KOL Business

Chinese online game developer and operator The9 announced plans to sign a share financing agreement with South Korean listed company IE Limited.According to the...

Chinese Government Demands Weibo Cease Streaming Video Services

The Chinese adage that the tall blade of grass gets cut first is definitely true this week, as China's top social media and microblogging...

Alibaba Unveils New China Internet Marketing Tools

Ad-serving companies should be quaking with fear at the launch this week of Alibaba's new Uni Marketing system, which aims to help brands build...

China's QingCloud Completes CNY1.08 Billion Series D Financing

China's enterprise cloud services provider QingCloud has completed its series D round financing of CNY1.08 billion.Its investors included China Merchants Securities International, China Merchants...

LeEco's New CEO Announces Personnel Appointments

Liang Jun, LeEco's new chief executive officer replacing Jia Yueting, sent his first personnel appointments email after taking the new role.Liang is promoting four...

Alibaba Takes Stake In Chinese Supermarket Chain

Alibaba owns the online e-commerce world in China, replete with payment solutions, online merchandise, and logistics. And now the company is aiming at the...

LeEco To Close Cloud Disk Personal Services At End Of June 2017

The Chinese government's tightening noose on illegal Internet content has found its latest victim: LeEco.LeEco's cloud disk service announced service closure to individual users,...

China's Bitcoin Trading Value Soars In May 2017

In May 2017, the Bitcoin trading value in China reached CNY21.708 billion, four times that of April 2017. And the total Bitcoin value reached...

China Still World's Largest Gaming Market With USD24.6 Billion Operating Revenue

In 2016, the world's computer game operating revenue exceeded USD100 billion for the first time and China exceeded America to become the world's game...

JD Shuts Down Used Goods Platform After Only Four Months

Kumai.jd.com, the second-hand trading platform of JD.com will partially close its e-commerce platform services starting from June 22, 2017.Then after a two-month transitional period,...

Airbnb Appoints New Global VP To Lead China Business

Hospitality exchange service Airbnb announced to appoint Ge Hong as new global vice president of Airbnb and he will be fully responsible for Airbnb's...

China's Kalends To Acquire Additional Stake In Grindr For USD152 Million

Chinese Internet game distributor Kalends plans to invest USD152 million to acquire a 38.47% in Grindr with Kunlun Group as the investor.On the completion...

Big Data Is Part Of China Unicom's New Investment Strategy

China Unicom's deputy general manager Jiang Zhengxin said that China Unicom attaches great importance to the development of big data and considers it as...

Tencent Music Becomes Exclusive Distributor Of Universal Music In Mainland China

Tencent Music Entertainment Group and Universal Music Group signed a deal under which Tencent Music will become Universal Music's exclusive partner for its distribution...

Alipay Reaches U.S. Payments Deal

Ant Financial's Alipay service has inked a deal with U.S. payment processing services provider First Data Corp to allow Alipay users to purchase from...

Alibaba, China Telecom Seal New Deal For Network Services

Alibaba and China Telecom signed a comprehensive strategic cooperation agreement in Beijing that includes work on Internet of Things and payment services.Under the agreement,...

Tencent May Have Just Defeated Baidu At Its Own Game In China

Baidu is a poorly-executed search engine. But with both government regulations handcuffing its development and lack of competition in China, it has never needed...

Ctrip Eyes Acquisition Of Swedish Travel Company

Chinese leading Internet tourism services provider Ctrip.com is reportedly considering buying Etraveli AB, an online tourism business of the German media giant ProSiebenSat.1 Media...

China's JD.com Makes Reported Push Into Indonesia

Southeast Asia's biggest market is beckoning e-commerce firm JD.com in what may be a huge investment.China's JD is reportedly currently negotiating with PT Tokopedia,...
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