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Posted inNews

Alipay Shifted to Jack Ma’s Private Company To Speed Up Getting Government LicenseAlipay Shifted to Jack Ma’s Private Company To Speed Up Getting Government LicenseAlipay Shifted to Jack Ma’s Private Company To Speed Up Getting Government License

According to a SEC filing, Alipay, the payment business of Alibaba Group was restructured so that it is now controlled by a separate company, owned mostly by Alibaba Group Chief Executive Officer Jack Ma.  Yahoo said the shift was necessary to expedite getting a license for Alipay. Last year, Chinese government started to formally regulate its […]

Posted inNews

US Startup – Minus Makes File Sharing Simple

With cloud computing increasingly becoming more common, so is file sharing. As the name suggests, Minus aims to strip away all the unnecessary things away from file sharing to make it an extremely simple and quick experience that people just get straight away. I interviewed the young co-founder of Minus, John Xie to get insight […]

Posted inNews

Phoenix Video To Introduce Discovery Channel, Along With Other BBC Programs

Phoenix Video (V.iFeng) announced that it signed contract with BBC, a latest step to turn its documentary channel into a platform for documentaries home and abroad. In addition to its current 4,000 hours’ video clips on its documentary channel, V.ifeng is introducing a large quantity of new content, especially on historical culture and exploring natural environment. V.ifeng […]

Posted inNews

Renren Almost Dropped Below Its IPO Price

In just four trading days, Renren dropped almost below its IPO price. Yesterday, the stock fell another 8% to close at US$14.75, which is almost equal to IPO price of US$14. The so-called China’s Facebook seems to be losing its luster.  In fact, as we have previously noted, besides a valuation too high, the company has […]

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