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Posted inNews

PapayaMobile Announces IPO On NEEQ For International Expansion

Programmatic advertising technology company PapayaMobile has announced their initial public offering (IPO) on China’s National Equities Exchange and Quotations Index, also known as the New Third Board. With a valuation of 2.2 billion yuan ($337 million USD), PapayaMobile is projecting a revenue of 1 billion yuan ($153.3 million USD) with 100 million yuan ($15.34 million USD) in […]

Posted inNews

Google Play Store Will Come To China In 2016: Reports

This September Google-watchers were buoyed by reports that the play Store may be entering China this fall. However according to sources cited by Reuters, the launch of a China-side Play Store has a much looser timeline: 2016.  Google has regulatory hurdles to overcome before they are allowed to pre-install the official version of their app store […]

Posted inNews

How Korean Startup CEOs Joined Forces To Track The MERS Virus

Middle East Respiratory Syndrome (MERS) continues to spread in South Korea. The number of fatalities stands at 27 of a total 179 MERS diagnoses, with more than 3,000 people currently under MERS quarantine. But medical officials aren’t the only ones fighting back, a series of CEOs from Korean startups stepped up and produced a crowdsourced map that tracks the virus […]

Posted inNews

Tencent to Restructure Mobile Business Again?

Rumor has been whirling recently that Tencent is about to restructure its Mobile Internet Group again after last year’s major reorganization in which the company was divided into six business groups. Local portal site Sina Tech reported that Liu Chenming, EVP of Tencent and president of Tencent MIG (Mobile Internet Group) confirmed his resigning. Ren […]

Posted inNews

Qunar Restructures, Implying Imminent IPO?

In January this year, Chinese OTA (online travel agency) Qunar told us that it planned to go public once market stabilized. While according to the latest updates from insiders, the Beijing-based company is packing for an IPO in the States no later than the first half of 2013. Qunar created a new option pool to […]

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