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Chinese Twitter Clone Zuosa to Stop Operating in June
[Translate] Zuosa.com, one of the first Chinese Twitter clones announced on its website to stop operating in next month citing inadequate resources to sustain the service. Zuosa translates to “what are you doing”. zuosa announcement on homepage Founded in 2007, two years before Sina Weibo’s inception in late 2009, Zuosa is among the first batch...
Vacation Rental Service Tujia.com Raising from LightSpeed
[Translate] Tujia.com an online vacation rental service in China targeting middle to high-end Chinese travelers has just raised a new round of funding from investors including LightSpeed Venture Partners, CDH Investments, Ctrip and HomeAway, the largest vacation rental in the world. Luo Jun, CEO of Tujia.com, said the funding will be used to expand its...
NetEase to Make Smartphones Pricing under RMB 1,000
[Translate] NetEase reportedly will be marching into the Smartphone market to launch a joint-force smartphone characterized by 4.3 inch display, 1.5 GHz dual-core processor and most importantly Android 4.0 system and a price tag under RMB 1,000. If this turns out to be true, then it’ll make NetEase the sixth Chinese Internet company which shows...
A New round of EComm War: Tencent and 51Buy Show Confidence
[Translate] Yesterday we reported that Tencent was restructured into six groups, through which the Penguin Emperor set up a wholly owned subsidiary called Tencent E-Commerce Holding Company. It seems that Tencent’s grander plan of intensifying the Chinese e-commerce competition just surfaces. On May 16th, B2C site 51buy.com (Yixun in Chinese) announced that Tencent had taken...
Sina Debuts Social Magazine Sina View
[Translate] Sometimes I am such a fossil, when I want to read news I’ll only refer to news sites, and when I feel like interacting with friends I’ll use SNS apps. And if I incidentally have access to too much irrelevant information while I’m reading news or communicating with friends, I could have been annoyed,...
Infographic: Tencent Restructure 2012′
[Translate] Tencent today officially announced its restructure plan to reorganized the heavy-weighted company into six business groups, including TEG (Technical Engineering Group), SNG (Social Networking Group), CDG (Corporate Development Group), IEG (Interactive Entertainment Group), MIG (Mobile Internet Group), and OMG (Online Media Group), which again are consisted of numerous departments and offices, the infographic pictured below could...
China’s UC Browser to Branch out into U.S.
[Translate] UC Browser, the largest mobile browser in China by adoption will be opening an office in the U.S. in the second half of this year, according to Yu Yongfu, founder and CEO of the company. Not only UCWeb will compete with those homegrown rivals in the U.S. market like Apple’s Safari for mobile, the...
Tencent to Restructure into Six Groups
[Translate] Tencent, the Chinese Internet juggernaut was rumored to undergo a major overhaul of its businesses through which the company would be reorganized into six groups, local portal site Sohu reported citing sources. The six groups include: TEG (Technical Engineering Group, consisted of Tencent Research and operating divisions), SNG (Social Networking Group, consisted by its...
Jiepang Celebrates Two Year Anniversary with New App
[Translate] Jiepang, China’s location-based service today announced a brand new Jiepang 5 app in a celebration for the company’s two-year anniversary. The new app, which according to David Liu co-founder and CEO of the Beijing-based startup would be made available in App Store soon, will adopt a new interface design that highlights some new functions...
Sina: We’ll Keep on Investing in Weibo
[Translate] Sina’s latest earnings report show that the leading Chinese online portal site’s net revenue increased 6% year over year to US$106.2 million whereas its loss reached US$13.7 million. “Our brand advertising business got off to a relatively slow start in the first quarter due to the softening of macroeconomic conditions in China,” said Charles...
Tencent Invests US$63M into KakaoTalk the Korean WeChat
[Translate] Tencent revealed in its latest financial report that the company has acquired 13.54% of Korean mobile communication app KakaoTalk with US$ 63.7 million. The deal was completed in last month. KakaoTalk, which supports iOS, Android, Blackberry and of course Samsung’s Bada platform, shares the similar functions that Tencent’s WeChat has, like free text messaging,...
Baidu To Release a New Mobile OS and A New Phone With a Secret Partner
[Translate] Baidu the leading Chinese search engine seems to be determined to enter the smartphone market. The company was said to release a new mobile operating system Baidu Yun next week with a hardware vendor to jointly announce a device based on the OS. Rumors said that the partner is ZTE (a leading Chinese telecom...
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