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Tencent Exec: Why We Invested in Fab 27 Aug 2013 | 04:55 pm
Tencent invested in the online design-centric store Fab.com because it is an startup with a promising future and the two firms can launch in-depth cooperation to create synergistic effect after Fab...
Uber Landing in Shanghai 27 Aug 2013 | 04:30 pm
Symbolic Tower in Shanghai and Tai Chi Uber, the taxi app that is expanding in Asia, is going to throw a party this Thursday to celebrate the initial test launch in Shanghai. As it’s giving aw...
Doudouyou, Mobile Speed Dating Show 27 Aug 2013 | 03:45 pm
Speed dating shows are of the hottest TV programs in China. On stage there are a dozen ladies, waiting for male guests to appear one by one. Ladies who don’t like a man guest can simply switch off ...
AliPay Halted POS Business As UnionPay Tighten Reins On Third-party Payment Policy 27 Aug 2013 | 01:32 pm
AliPay posed an official announcement on Sina Weibo today to shut down offline POS-based business, because China UnionPay released stringent regulations on third-party bank card payment services (repo...
Photo Service Camera360 Announces $18 million Series B Funding 27 Aug 2013 | 11:39 am
Digital photo service Camera360 announced today $18 million series B funding, led by SIG and joined by existing investors Gogi Partners and Matrix Partners. The new funding will be used on R&D, pro...
Mobile Game Developer Chukong Plans To Launch IPO in US 27 Aug 2013 | 10:11 am
Chen Haozhi, founder of Chukong Technology, developer of trending casual game Fishing Joy, disclosed that the company planned to launch IPO in the U.S. market within this year (report in Chinese). Ami...
Chinese Mobile Internet Users Exceeded 800 million:MIIT 27 Aug 2013 | 09:51 am
Chinese Ministry of Industry and Information Technology announced yesterday that mobile Internet users was 820 million, 69.2% of the total mobile phone users, at the end of July (in Chinese). 3G s...
TaishanXD is China’s Big Brother to Little Startups 27 Aug 2013 | 07:00 am
Following China’s economic slowdown, the tech start-up investment craze has also slowed down since 2011. However, some funds are still very bullish on China’s opportunity and for good reason. Accordin...
Qihoo CEO on China’s Mobile Game Market: 5-10 Times Bigger than that on PC & with Bigger Monetization Potential 26 Aug 2013 | 06:56 pm
On the earnings conference call for Q2 2013 today, Zhou Hongyi, CEO of Qihoo, talked about China’s mobile game market, predicting it would be five to ten times bigger than the PC-based gaming marke...
College Student Created an App to Eliminate Ex’s Traces on Social Network Renren 26 Aug 2013 | 02:18 pm
If you broke up with someone, you probably couldn’t stand to see Facebook photos of them in someone else’s arms. Well, here is a tech-savvy way to avoid it on Renren, the Facebook clone that is still ...
