Tencent-Backed Laundry App Edaixi Nabs $100M USD From Baidu

Chinese on-demand laundry app Edaixi (E-washing) announced today that it has…


Tencent-Baidu-Wanda Unveil E-commerce Site Ffan To Compete With Alibaba

One year after its establishment, Tencent-Baidu-Wanda’s e-commerce joint…


eLong Announces Privatization Bid From Tencent

 ELong, one of China's largest online travel services, today announced that…


Ex-Baidu Founder Shakes Hands With Tencent In $85M USD Renrenche Funding Boost

Used-car sales platform Renrenche has scooped $85 million USD in Series C…


Almost 1 in 5 People In China Group-Bought In June 2015, And It's Rising

China's appetite for e-retail and O2O has made them insatiable group buyers,…


Tencent Comes Out On Top In China Mobile Game Wars

As mobile connectivity surges in China, a handful of companies are battling it…


Tencent Game Pushes Global Expansion with Glu Mobile Purchase

Chinese internet giant Tencent has agreed to purchase 21 million or 14.6%…


Tencent's Messaging Apps Driving 20% of JD.com's New Customers

JD Operates the Shopping Channel on WeChat JD.com was made the only shopping…


Alibaba and Peking University Establish Chinese MOOC Platform

Chinese MOOCs - an online course platform for the global Chinese-speaking…


Capstone Partners and Tencent lure Chinese gamers with Korean offerings

Korean game companies have been widely welcomed in China since The Legend of…