Chinese Internet security provider Qihoo 360 announced the establishment of a new enterprise security group. Qi Xiangdong, president of Qihoo 360, will be chief executive officer of this new enterprise security group. Financial details, including capitalization structure for the technology business, were not made available by the company. Using the research resources of Qihoo 360's mobile security research institute, network ...
Chinese mobile game developer and publisher Linekong announced that the company has reached an agreement with 228.com.cn, an online ticket provider in China, to invest CNY23 million in the latter. This is reportedly the first capital strategic layout of Linekong since its IPO in Hong Kong at the end of December 2014. 228.com.cn is a Chinese ticket provider in entertainment and sports ...
Chinese smartphone maker Xiaomi plans to open 100 experience stores in India in 2015. According to Xiaomi, those experience stores will not sell any products. Instead, they will become channels for Indian consumers to experience Xiaomi products. Xiaomi entered the Indian market in July 2014 and its products are mainly sold via the local e-commerce operator Flipkart.com. India is ...
Alibaba's cloud computing service Aliyun announced that its data center in Silicon Valley has started trial operation and is providing cloud services to users in North America and around the world. This is reportedly Aliyun's sixth data center, following those opened in Hangzhou, Qingdao, Beijing, Hong Kong, and Shenzhen. It also means that Aliyun will start competing with Amazon's AWS ...
Chinese classified information website 58.com officially announced that the company has acquired the real estate information website Anjuke.com for USD267.01 million in cash and stock. After the acquisition, 58.com will establish a real estate business cluster to integrate the real estate businesses of 58.com and Anjuke.com and the company will develop a full-sector business covering ...
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