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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…
Chinese Telecom Carriers Report June Data July 20, 2011
China Mobile (NYSE:CHL, 0941.HK) recorded 5.62 million new subscribers in June, compared with 5.02 million new subscribers in May, bringing its total user base to 616.79 million,…
Luxury Goods Site Operator SECOO Wins Financing, Expects RMB 200m Rev in 2011 July 20, 2011
Domestic luxury goods transaction platform operator SECOO has completed first-round financing worth around $10 million with venture capital firm IDG, China Business News reported…
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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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