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Eric Alexander: Flipboard Entered Chinese Market at a Good Timing

Flipboard Chinese Team, Eric Alexander (R3) The Chinese team of mobile social magazine Flipboard recently released the latest update for its Chinese edition. The new version provides a more localized Flipboard experience with curated contents on regionally-relevant topics and localized features. Eric Alexander is the vice president of Flipboard, mainly in charge of international business development. He […]

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Chinaccelerator Graduates Nine New Startups in Shanghai

After moving from Dalian to Shanghai at the beginning of this year, startup acceleration program Chinaccelerator unveiled the fifth batch of nine startups running through its three-month project. Most of the startups are founded by foreign entrepreneurs with their own insights on Chinese market or Chinese with overseas backgrounds. The nine startups are engaged in a […]

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Alibaba Acquires 10.35% Stake in Singaporean Logistics Company SingPost

Alibaba Group announced today it has acquired 10.35% stake in Singapore Post Limited (SingPost) for S$312.5 million(US$249mn), through Alibaba Investment Limited. The two companies will further negotiate a joint venture for e-commerce logistics. The deal must help Alibaba to expand its marketplace business to Southeast Asia. The Chinese e-commerce giant has been actively expanding to […]

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Rebate Site 51fanli Raises $20mn Series B Funding for Offline Expansion

Chinese online rebate and consumer directory website 51Fanli.com announced on its microblog that it has secured $20 million of Series B funding from SIG China Investment. The company has raised eight-digit first-round USD funding jointly led by Qiming Venture Partners and Disney’s venture capital firm Steamboat Ventures in 2011. 51Fanli’s founder and CEO Gary Ge said […]

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Firefly, an Events Social Service Aiming to Light Up Your Life

Social networking services bring people together, but they do not necessarily ensure close friendship. Without face-to-face communication which guarantees intimacy and close bonding, people are still drifting apart with friends, even though we can know exactly what our friends are doing through their microblogs or WeChat moments. Firefly, an events social app developed by Shanghai-based […]

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