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Push Notification Service Getui Announces Eight-digit Dollars Series B Funding

Getui, a Beijing-based third-party push notification service provider, has closed an eight-digit dollars of Series B financing led by SAIF Partners, with the participation of all existing Series A investors including U.S. venture firm WI Harper. According to the company, the proceeds will be used for research and development, marketing and branding. Upon release of the funding […]

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[Update] Alibaba Starts to Sells First Ever Private Brand Hardware Tmall Box for 299 Yuan

Alibaba starts to sell set-top-box Tmall Box today on its B2C e-commerce site Tmall. This is the first time for the Chinese Internet giant to commercialize private brand hardware, although it has released last year another set-top box Wasu Rainbow together with Wasu Media, one of the several state-authorized content providers. [Update] 5,000 Tmall Boxes […]

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[Update] Suning Commerce Fully Acquires Group-purchasing Site Manzuo with Nearly 10 Million Dollars

Suning Commerce (SZ:002024) announced that it fully acquired group-buying site Manzuo for nearly $10 million (source in Chinese), continuing its expansion into Internet industry after becoming the largest shareholder of peer-to-peer video streaming service PPTV last year. In addition to maintaining independent operation, Manzuo will also take over the group-buying and travelling businesses under Suning. Feng Xiaohai, founder of […]