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China Issues 5G Commercial Operations Licenses
MIIT, 6/06/19
China's Ministry of Industry and Information Technology (MIIT) announced today that it has issued 5G mobile communications commercial operating licenses to four companies, including the parent companies of China Mobile (NYSE: CHL; 0941.HK), China Unicom (NYSE: CHU; 0762.HK; 600050.SH), and China Telecom (NYSE: CHA; 0728.HK), as well as to national cable TV network operator China Broadcasting Network Corporation. Read More
Niu Technologies Posts Q1 2019 Profit of RMB 12 Mln
Niu Technologies, 5/13/19
Chinese smart urban mobility solutions firm Niu Technologies (Nasdaq: NIU) today announced its financial results for the first quarter 2019. Read More
Tencent to Kick Off OB of 'MapleStory 2' on July 12
Tencent Games, 6/28/18
Chinese online game developer and operator Tencent (0700.HK) has announced that it will kick off open beta testing of its free-to-play licensed 3D client-based combat MMORPG MapleStory 2 on July 12. Read More
Shanda Games' Actozsoft Invests KRW 10 Bln in Kakao Games
Sina Tech, 4/02/18
Chinese online game developer and operator Shanda Games announced today that its South Korean subsidiary Actozsoft has invested KRW 10 bln (roughly RMB 59.13 mln) in Kakao Games, the independent gaming unit of Korean messaging giant Kakao. Read More
Alibaba, Tencent Forge Deal on Music Copyright Swapping
Sina Tech, 9/12/17
Chinese e-commerce conglomerate Alibaba Group's (NYSE: BABA) Ali Music Group and Chinese internet and mobile services firm Tencent's (0700.HK) Tencent Music Entertainment Group (TME) jointly announced today that they have reached an agreement on music copyright licensing. Read More
58.com's Logistics App 58 Suyun Merges with Van Rental App GoGoVan
iYiou, 8/28/17
Mobile logistics app 58 Suyun, operated by Chinese online classifieds site 58.com's (NYSE: WUBA) O2O life services subsidiary 58 Home, has merged with intra-city logistics platform GoGoVan, operated by Hong Kong-based Gogo Tech Limited. Read More
Tmall Global Launches Cross-border Goods Tracking Plan
Sina Tech, 8/08/17
Tmall Global, the international product channel for Alibaba Group's (NYSE: BABA) B2C e-commerce site Tmall, has launched a cross-border goods tracking plan. Read More
Jointown Begins OB of Mobile Healthcare Management Platform 'Jiankang 998'
Yigoonet.com, 12/06/16
Pharmaceuticals and medical equipment trade company Jointown Pharmaceutical Group (600998.SH) said recently that public beta testing has begun for its mobile healthcare management platform Jiankang 998, operated by Wuhan-based subsidiary Jointown Health Management. Read More
DJI Announces Agricultural Market Strategy for China
DJI, 3/21/16
Shenzhen-based consumer drone maker DJI Technology recently announced its strategy for the agricultural market in China, and provided additional details on its crop-spraying drone MG-1 which was previously unveiled in November 2015. Read More
Ourpalm to Buy 19% Stake in Korean Gaming Firm Webzen
Ourpalm, 3/08/16
Beijing-based mobile game developer Ourpalm (300315.SZ) recently announced that it will spend RMB 1.10 bln to purchase a 19.24% stake in South Korean game developer and operator Webzen, in order to support its overseas expansion strategy. Read More
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