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Chinese internet and mobile services firm Tencent (0700.HK) announced today that it intends to increase its equity voting interest - from 50% to 51.2% - in the consortium that currently indirectly holds an 82.2% interest in Finnish mobile games developer Supercell. Read More
Lv Cheng (Jesse Lv), head of Chinese internet conglomerate Baidu's (Nasdaq: BIDU) Raven Studio Workshop, a smart hardware business division under its Smart Living Group, resigned from Baidu in June. Read More
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
Hangzhou-based Danyue Technology, operator of children's online English education platforms 360ABC and Landi English, recently announced completion of RMB 520 mln in Series C funding from unspecified investors. Read More
Shanghai-based Suoluo Information Technology, developer of subscription-based cat food m-commerce platform MollyBox, recently announced completion of USD 7-digit Series A funding led by DCM Ventures with participation by Unity Ventures and Atom Ventures. Read More
San Diego, California-based online game developer Daybreak Game Company has announced that it has partnered with Chinese internet conglomerate Tencent (0700.HK) to officially bring Daybreak's massively multiplayer arena shooter game H1Z1 to China. Read More
Beijing-based Huajuan Technology, operator of mobile video shopping app Huajuan, recently announced completion of USD 40 mln in Series B funding led by Sinovation Ventures with participation by prior-round investors Evolution Media China (EMC), Ventech China, and Vertex Ventures, as well as new investor Zhiping Capital. Read More
Beijing-based voice recognition technology provider Yunzhisheng Information Technology (Unisound) recently announced completion of RMB 300 mln in strategic funding from undisclosed investors. Read More
Luo Yonghao, CEO of Beijing-based handset and mobile OS developer Chuizi Technology (Smartisan), recently said at the GeekPark Rebuild 2017 conference held in Beijing that Chuizi has completed RMB 1 bln new funding. Read More
Taicang-based Juyitang Network Technology, operator of video gamecasting platform Longzhu Games Broadcast, will invest RMB 1 bln in the gamecasting industry, and will look to gain a foothold in the gaming, sports, broader entertainment, and e-commerce industries, announced CEO Chen Qidong. Read More