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  • Beijing Mobile Ad Firm Completes $10m Series-B Funding July 29, 2011

    Beijing-based mobile internet advertising firm Domob has completed second-round financing worth over $10 million with Qiming Ventures and Redpoint Ventures, TechWeb.com.cn reported…

  • Online Vid Co PPTV Names 3 Execs July 29, 2011

    Domestic online video company PPTV has named former Shanda Interactive (Nasdaq:SNDA) executive Zhang Kun as Vice President of Strategic Cooperation and Investment, its third senior…

  • Mobile App Developer Platform Umeng Wins $10m Investment July 28, 2011

    Beijing-based mobile application developer targeting platform umeng.com has obtained $10 million in investment from Matrix Partners, Sina reported July 28. The platform, founded…

  • Giant Records 340,000 PCU for “ZT 2” July 28, 2011

    Giant Interactive (NYSE:GA) has recorded more than 340,000 peak concurrent users in its in-house developed MMORPG ZT Online II, ccidnet.com reported July 27 citing company President…

  • Beijing SEO Firm Wins $7.2m Series-A Funding July 26, 2011

    Beijing-based search engine marketing solutions provider Baifendian Technology has secured first-round financing of $7.2 million from investment firms IDG and Mingly China Growth…

  • Chinese Cashback Site Wins $10m Investment July 26, 2011

    Domestic online cashback shopping site 51fanli.com has received first-round financing worth around $10 million from venture capital firsm Qiming Ventures and Steamboat Ventures,…

  • New Oriental Invests in SNS Site Dajie.com July 25, 2011

    Domestic professionals-focused social networking site Dajie.com has received investment of around $10 million from Fidelity International, New Oriental (NYSE:EDU) and Hotung Group,…

  • Baidu Forms Jobs Site Sub, Said to Earmark RMB 100m for Online Recruitment July 22, 2011

    Baidu (Nasdaq:BIDU) has established a wholly owned subsidiary named Shanghai Baidu Rencai Consulting to operate its recruitment site rencai.baidu.com, launched in April this year,…

  • Rumor: Delivery Services to Be Charged to Pull Post Service Out of Quagmire July 22, 2011

    The State Post Bureau and the Ministry of Finance plan to charge express delivery companies a service fee to subsidize the country's failing postal service, Beijing Business Today…

  • Shanda Games Preps “WoooL” New Version for 7/28 July 21, 2011

    Shanda Interactive (Nasdaq:SNDA) game subsidiary Shanda Games (Nasdaq:GAME) plans to launch a new version of its in-house developed MMORPG The World of Legend ("WoooL") on July…

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  • Baidu Launches Personalized Search Homepage & Mobile OS

    September 02, 2011: Baidu (Nasdaq:BIDU) has released a new personalized search homepage that includes a website directory, a real-time list of popular user search topics, apps and online community updates, qq.com reported September 2. The page also displays links to Baidu's open platform partners app developers and service providers, TechWeb.com.cn reports separately. The company also launched its mobile operation system named "Yi", which offers searching functions and 180G in free cloud computing storage space, Sohu…

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