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Top 15 apps you need for living in China

Say goodbye to Facebook, Twitter, and Instagram and welcome your new favorite apps. Here is everything you will need to navigate your China life. 1. Communication: WeChat (微信) The app to rule them all, WeChat is the very definition of indispensable in China. This is where you will connect with your friends, communicate with your […]

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Market Expertise Still More Important Than Tech And Capital In China: Qunar Founder

Despite the fact that the Middle Kingdom is currently bursting with investment capital, the secret to successfully launching in China is still relationships and market knowledge, according to Qunar co-founder Frederick Demopoulos who spoke at TechCrunch Shanghai this Monday. Qunar, one of the country’s largest travel service websites, is among the most successful foreign co-founded companies currently […]

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eLong Announces Privatization Bid From Tencent

 ELong, one of China’s largest online travel services, today announced that its board of directors have received a privatization offer from existing shareholder Tencent, which hopes to acquire all remaining shares in the company.  Tencent offered shareholders $18 per American Depositary Receipt (ADR), a 27 percent premium to Monday’s closing price in New York, according to […]

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Three Big Opportunities For China Entrepreneurs According To Premier Li Keqiang

The National People’s Congress (NPC), China’s unicameral parliament, convened last Saturday to kick off its annual meeting which runs until March 16th. It’s a lot of pomp and circumstance, with the NPC widely dismissed as a “rubber stamp” parliamentary for the Chinese Communist Party. Nevertheless, the meetings offer valuable insight into the Chinese government’s priorities and ambitions for the […]

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Priceline Group Announces Additional US$250M Investment in Ctrip

The overseas online travel service company Priceline Group Inc. today announced that it will invest an additional US$250 million in Ctrip.com International, Ltd. , China’s leading online travel company.  This investment follows a commercial relationship established between the two companies in 2012, which was expanded in August 2014 along with the US$500 million investment by The Priceline Group. Immediately following issuance of the […]

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Qunar Joins Ongoing Open Platform Fight

Chinese online travel company Qunar launched a new cloud-based open platform recently, opening its data, access, resources, supply chain, customers, and capital to the entire travel industry. In terms of capital support, Qunar announced that it will provide a combined RMB1 billion (around US$161 million) incubation funding for projects under the platform. “We will offer RMB500,000 […]