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  1. Chinese forum aggregation site Daqi.com formally announced its closure

    by , 08-05-2015 at 06:50 AM
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    Chinese forum aggregation site Daqi.com formally announced its closure.

    Daqi.com published a notice on its official website which says they terminated the offering of content services with immediate effect. They apologize for inconvenience caused and appreciate the understanding of users.

    Founded in November 2004, Daqi.com was originally known as ChinaBBS.com and it is one of the earliest media platforms that focused on the ...
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  2. Kingsoft With HP For Cloud Computing - cloud businesses in China, Zhang Hongjiang

    by , 08-04-2015 at 10:57 PM
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    Kingsoft Cloud has reached a deal with HP to provide medical, banking, and gaming industry customers with platform and application services based on private and mixed clouds.

    As both companies have private cloud businesses in China, Zhang Hongjiang, chief executive officer of Kingsoft, said HP has a deep understanding of the Chinese market. When launching cloud services in the country, HP needs a better Chinese partner though, ...
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  3. Lower PC Demand Sinks Asus Shipment Figures - affected by the decrease of demands for PCs around the world

    by , 07-22-2015 at 03:14 PM
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    Taiwanese PC maker Asus published its operating revenue statistics for the second quarter of 2015, stating that the company's operating revenue was NTD108.403 billion, which was about CNY21.69 billion, representing a year-on-year increase of 3.05% and a decrease of 3.12% compared with the first quarter of 2015.

    Meanwhile, Asus revealed that its operating revenue in June 2015 was NTD41.68 billion, a year-on-year increase of 22.91% ...
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  4. China's Online Travel Sector Finds Big New Investment

    by , 07-14-2015 at 11:12 PM
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    Who said only Ctrip and eLong ruled the Chinese Internet travel world?

    LY.com, one of China's many privately-run travel booking websites, announced that they have gained over CNY6 billion new investments from Wanda Culture Industry Group, Tencent Industry Win-Win Fund, and CITIC Capital.

    As the lead investor, Wanda Culture Industry Group invested CNY3.58 billion in the tourism website.

    For many years, ...
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  5. What Interests Alibaba And Foxconn About SoftBank's Robot Subsidiary?

    by , 07-02-2015 at 11:02 PM
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    Alibaba Group announced that the company and Taiwan-based Foxconn have made strategic investments of JPY14.5 billion, which is about CNY732 million, into SoftBank Robotics Holdings Corporation.
    Under the agreement signed by the three parties, Alibaba and Foxconn will hold a 20% stake in SBRH, respectively; while SoftBank will own the remaining 60%.

    Alibaba, Foxconn and SoftBank will work together to promote the global ...
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