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Make Your Own iPhone!
[Translate] China Daily reported today that Police in Shanghai have arrested 5 suspects for manufacturing counterfeit iPhone’s. Craftily, the suspects scavenged through e-waste transported from South China’s Guangdong province and found genuine components from discarded real iPhone’s and combined them with fake components to create the counterfeit version. That’s why they look so real! Over 200 fake iPhones and 5,000 accessories at a value of...
Can Blackberry Go From Enterprise to Consumer ?
[Translate] When I worked in the corporate world, everyone had a Blackberry phone. I also had one for a while. For me, I liked having my calendar synced the most. Getting email was cool for a while too, but became annoying when I got too much at bad times, like when I was trying to...
Sina Internally Testing Micro Account, to Compete with QQ?
[Translate] After releasing a new beta version with layout similar to common social networking service and feature resembles web IM, Sina Weibo is still at it. According to people familiar with the matter, the most popular microblogging service is internally testing a new feature dubbed “micro account” (微号) with an aim to launch soon. So...
55Tuan to Swerve from Daily Deal to Life Service Platform
[Translate] 55Tuan always is the noisemaker in Chinese group buying market which has already been flooded with bad news. Jieshi.com, a daily deals aggregator which was just bought by 55Tuan in June of this year was reportedly shedding staff on large scale as the site is considering a significant revamp or even shutting down. After...
FTuan Lands $60M In Series C
[Translate] FTuan, a Chinese group buying service is on track to raise US$ 60M in Series C round of funding with previous investor Tencent participating, according to its founder and CEO Lin Nin. He didn’t reveal anything about the investors though. He also said that the Beijing-based company would set up a JV with...
VIPStore.com Raising New Round Led By Intel Capital
[Translate] VIPStore.com, Chinese online retailer of luxury goods announced raising a new round of tens of millions dollars led by Intel Capital with other participants including GSR Ventures, Taishan Invest AG, Litian Investment and HGI Capital. The funding will go towards boosting global supply chain system and user experience, according to Yang Peifeng, CEO of...
Xiaomi Miliao Releases LBS Chat Feature, Secret Love Edition
[Translate] DoNews reported that, following the updates of Tencent’s Weixin mobile app; Xiaomi Miliao has also released a new version of it’s free instant messaging client Miliao with LBS capability to help locate nearby friends. You can also tag someone with a ‘like’ label to star them. If a user also ‘like’s’ you back, Miliao...
CODE_n:Invitation to Apply For International Innovation Contest On New IT Based Business Models
[Translate] GFT, a German based IT Solutions Company has kick-started a global innovative initiative called “CODE_n” on the theme of “Shaping mobile life”. Start-ups around the world can apply for being one of the 50 innovators getting presentation space at the world’s most important technology fair CeBIT 2012, in Hanover, Germany. Winners will receive the...
What’s Wrong With Chinese Job Search Sites?
[Translate] It’s expected that in 2011 there will be 7.58million graduates looking for job in China. Job search sites are the key channel for young generation for job-hunting. Finding a good job is that easy, unfortunately those popular Chinese job search service could really drive you mad too. ChinaHR, Zhaopin, 51job, they are huge and...
Yeahka, the First Square-like Mobile Payment Solution Launched to Public
[Translate] In China, no matter what you do, the competition could be always tough. And if you have to face a few competitors, the most important factor to win the market is the Speed, i.e. fast development, quick execution plus efficient marketing. QFPay is the first Square-like mobile payment solution we reported in early August,...
VANCL Filing Prospectus Aiming for Q4 IPO
[Translate] Chinese online-only apparel site VANCL is reportedly filing its IPO prospectus in next month in an aim to raise between $750 million and US$1 billion in a U.S. IPO. The deal, which is targeted for the fourth quarter of this year, could be the largest initial public offering from China in the U.S. this...
Renren Snags up 56.com for $ 80M in Cash
[Translate] Renren Inc., one of the largest real-name social networking services in China that listed in NYSE (RENN) couple months ago announced buying video site 56.com for $ 80 million in cash. After the acquisition, which is expected to be completed in the fourth quarter of 2011, 56.com will become a wholly-owned subsidiary of Renren....
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