According to reports in foreign media, Chinese social media and entertainment giant Tencent would acquire a controlling stake in Iflix, a streaming service company in…
Posts tagged as “Internet”
According to reports in Chinese local media, Zhejiang China Commodities City Group and Alibaba will jointly invest to establish a joint venture company. Based on…
Chinese video website Iqiyi recently announced to appoint Kuek Yu-Chuang as vice president to lead the company’s international market strategy planning, market expansion, and public…
China’s LianLian Pay recently announced that the company has reached strategic cooperation with the international mobile e-commerce platform Wish and LianLian Pay formally became official…
Meituan Dianping recently published its financial report for the first quarter of 2020, stating that its operating revenue was CNY16.754 billion, a year-on-year decrease of…
Tang Daosheng, president of Tencent’s cloud and smart industry group, recently reviewed during a media interview that Tencent will invest CNY500 billion to further distribute…
According to reports in Chinese local media, Baidu announced to promote its CIO Li Ying to vice president of Baidu Group. Meanwhile, Li will continue…
Tencent Holdings recently published its unaudited comprehensive results for the first quarter of 2020. According to the report, Tencent’s total operating revenue reached CNY108.065 billion…
According to reports in foreign media, Xiaomi said that the company will soon launch an e-commerce service in India to allow consumers who are in…
Chinese online game company Giant Interactive Group recently published its financial report for the entire year of 2019 and the first quarter of 2020. During…
China Internet Network Information Center recently published its 45th Statistical Report on China Internet Network Development, stating that by March 2020, China had 904 million…
According to reports in foreign media, TikTok has appointed Nick Tran, former executive of Hulu, as its new marketing director of North America. Nick worked…
According to reports in foreign media, ByteDance launched a new round of recruitment and the company plans to hire 10,000 employees worldwide. Of the 10,000…
JD Group recently announced that they would invest over CNY6 billion in Hubei over the next three years to fully promote local economic recovery and…
According to reports in Chinese local media, Bilibili.com announced that they have gained a strategic investment of USD400 million from Sony. Meanwhile, the two parties…
Chinese online live show platform Huya.com announced that Tencent’s wholly-owned subsidiary Linen Investment Limited recently sent a notice to Huya, stating that the company had…
China Reading and Tencent Music Entertainment Group recently reached strategic cooperation and the two parties will work together to develop long audio work market. According…
China’s Tencent recently published its financial report for the fourth quarter and the entire year of 2019. According to the report, Tencent’s operating revenue in…
Chinese e-commerce platform JD announced that its board of directors had approved a stock repurchase plan and the company would repurchase up to USD2 billion…
Chinese gaming company Beijing Kunlun Tech Co Ltd recently published an announcement, stating that the company will sell 98.59% stake in Grindr to San Vicente…