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Posted inNews

Kabam, Social MMO Game Company, Raises US$85mn to Attack a US$47bn Market

On 26 May, Kabam, a leading free-to-play MMO social games company headquartered in Redwood City, San Francisco announced series D funding of US$85 million. The round was spear-headed by Google Ventures and Pinnacle Ventures. Additional funding was provided by Performance Equity and SK Telecom Ventures, as well as previous financial investors Canaan Partners, Redpoint Ventures […]

Posted inNews

Third-Party Online Payment Services Got Licenses, Finally

This post was submitted by our contributor Kathy Yang, who was a former project engineer at Advanced Semiconductor Engineering Group. She’s interested in Web and mobile products, with hundreds of articles introducing Silicon Valley products/services published on QQ.com, the Tencent portal. Now she is introducing Chinese technological progress and development to the rest of the […]

Posted inNews

Paypal’s X.com Puts Money in the Cloud

At our recent Collide Conference, Michael Zhao, Director of Paypal China talked about helping people make transactions over the cloud. I asked him specifically about their new aptly named product, X.com which allows developers to define how payments are made. Of course when we normally think about transactions, it is usually the receiver who asks […]

Posted inNews

Hengzhi – the Real Chinese LinkedIn ??

Beijing based Hengzhi (www.hengzhi.cc) was launched in Feb 2010, by serial entrepreneur Tong Li. Although it is still invite-only, the professional social network has grown to more than 600,000 members. Hengzhi users come from China’s main stream business and professional communities, including governments, state-owned enterprises, private sectors, and multinationals, said its founder, Tong Li. Hengzhi is […]

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