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Qihoo Phone to Continue the Same Profit-Making Story on Mobile Front
[Translate] Like I said, don’t claim yourself to be a major Internet company in China now if you haven’t come up with your own brand smart phone. With Tencent, Alibaba, Baidu and so on all debuted their device for quite a while, Qihoo 360 the digital world‘s safeguard unexpectedly made public its smartphone scheme lately...
Baidu to Launch Cloud-Powered Photo Sharing Service: Baidu Xiangce
[Translate] A new photo sharing service Baidu Xiangce (translates to Baidu Album) was launched secretly by Baidu lately. This is part of the broad strategy of the search giant to expand its business into cloud forefronts. According to Wang Jing, the vice president of its engineering division and head of mobile, “We have a few...
Are You the Chinese Jeff Bezos?
[Translate] Lei Jun, the renowned Internet tycoon and CEO of Xiaomi, had a lot to say in the recent Global Internet Mobile Conference, where he shared his thoughts on a number of topics. For example, Mr. Lei claims that traditional business logic does not apply to the Internet. There is certainly some truth to that....
E-Reading App Maker Duokan Received US$ 10M from Leijun
[Translate] Local news broke that Duokan, a Beijing-based e-reading app maker has received US$ 10 million from China’s well-known angel Leijun among other investors including Xu Xiaoping and MorningSide Ventures. Founded in 2010, with Leijun and Xu Xiaoping, founder of ZhenFund and a well-respected Chinese angel sitting on its board, Duokan earned its early fame...
Chinese OTA 17u.cn Raises New Round, Preps for IPO
[Translate] Chinese online travel agency 17u.cn announced raising RMB ten of million from the Internet juggernaut Tencent. The deal valued the travel site at RMB over 500 million, industry insider speculated. 17u has initiated the IPO process after the financing, according to people familiar with the matter. Wu Zhixiang, CEO of the China southern Suzhou-based...
Luxury Site Secoo Raising US$ 30M
[Translate] Chinese luxury B2C site Secoo raised a new round of US$ 30 million from investors including VentechCapital(a France-based investment firm), IDGVC Partners, Bertelsmann Asia Investments and CreholChina. Founded in 2008, Secoo is an online consignment store for luxury items. One can either buy directly from its website, or go directly to its brick-and-mortar stores operated...
Flipboard CEO: iPad and Mobile Internet Revolutionized Publishing Industry
[Translate] Mike McCue, founder and CEO of Flipboard, believed that the invention of iPad and the flourish of mobile Internet has revolutionized the publishing industry while giving a speech at the Global Mobile Internet Conference held in Beijing. He also shared Flipboard’s practice about how to design and develop products for mobile devices. In engineer-driven...
PopCap to Debut China-Tailored Games with Tencent Partnership
[Translate] PopCap Games, maker of popular titles like Plants vs. Zombies, Zuma and so forth, announced today to launch two new franchises of Plants vs. Zombies, namely PvZ Great Wall edition and PvZ Kingdoms with Tencent partnership for the latter’s QQ Game center, a move of the company’s broader plan to dive deeper into local...
Evernote Announcing China Effort with Localized Product
[Translate] Phil Libin, CEO of Evernote the popular notebook app announced today at the Global Mobile Internet Conference held in Beijing that the company is on track to speed up its China effort with the debut of its China-tailored Evernote dubbed YingXiang BiJi, literally translated to Impression Note. Evernote China version, or Impression Note, will...
Internet Community Mop Relocating to Nanning
[Translate] Mop, the Internet community service of NYSE-listed Renren Inc. announced lately that it would move it’s headquarter from Beijing to Nanning, the provincial capital of China’s southern Guangxi province. According to mop, all it’s staff could choose to either a) relocate to Nanning, or b) stay in Beijing and work with Renren.com. This will...
KingSoft To Release a Dual-Core Browser, Promises Three Times Faster Than Chrome
[Translate] KingSoft, one of the most famous software companies which developed KingSoft Office (replacement of MS Office), PowerWord (dictionary) and Kingsoft Antivirus etc, is testing its own web browser, named Liebao (meaning Cheetah). We are still waiting for the invitation code to test it out. But according to its newly launched official site, this dual-core (built...
Kanbox Looks to Become the Internet File System and Storage Infrastructure
[Translate] April 24, just one day after Microsoft added couple clients (for Windows, Mac, Windows Phone and iDevices) and a new pricing plan to its 5-year-old online storage service SkyDrive, the long-rumored Google’s approach to cloud storage Google Drive at long last made its debut with 5 gigabyte free space, across the board support for...




