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Business / Trendsetter

Alibaba to buy out UCWeb in China's 'biggest' Internet merger

[2014-06-11 12:28]

The e-commerce giant's deal for remaining shares of mobile browser UCWeb adds to a $4.8b spending spree ahead of Wall Street listing.

Weibo taps into mobile gaming

[2014-06-11 11:22]

Weibo, the United States-listed Chinese social media platform, has officially tapped into mobile gaming by launching its first game on its new app on Tuesday.

Sharp to provide highest resolution LCD to Chinese firms

[2014-06-11 10:41]

Japan's Sharp Corp is planning to provide Chinese communications device makers with its low temperature polysilicon liquid crystal panel with the world's highest-level resolution.

Alibaba, SMG team up to create new media platform

[2014-06-11 09:15]

Alibaba Group has unveiled a deal with Dragon TV to jointly create an entertainment platform that combines traditional media, the Internet and mobile communications.

E-commerce firms set foot on land circulation

[2014-06-10 16:55]

The mechanism of the online farming project would not only raise funds efficiently, but lower investment risk since the crops grown are already ordered by the customers.

Microsoft, Qihoo 360 sign tie-up deal

[2014-06-10 09:15]

Microsoft and China's leading Internet security company Qihoo 360 signed a cooperation deal covering mobile Internet and artificial intelligence.

Huawei gets $600m order from Russian wireless firm

[2014-06-10 07:26]

OAO MegaFon, Russia's second-largest wireless operator, agreed to buy at least $600 million of equipment from Huawei Technologies Co at a time when ties between Russian and Chinese companies are strengthening.

Traditional trade fair embraces online platform

[2014-06-10 07:26]

Cross-border e-commerce platforms are getting better positioned to identify needs and match Chinese exporters with foreign customers, industry experts said.

Floats receive US momentum

[2014-06-10 07:26]

Chinese companies making their US stock market debuts in the past year have rewarded their buyers with the best returns among global peers.

New entrants face wrath of media old guard

[2014-06-10 07:26]

Clashes between traditional and new media are set to intensify further in China with the established players looking to counter the unbridled growth of online news apps through a slew of measures.

Online beer sellers cheer on soccer frenzy

[2014-06-10 07:25]

Beer consumption is set to soar at the upcoming FIFA World Cup after falling in recent years. And e-commerce sites are giving sales an added push as they entice customers with large discounts and home delivery.

China Mobile creates arm to tackle bad info

[2014-06-09 11:04]

China Mobile is setting up a subsidiary to handle the spreading of "unhealthy information" on its network, sources told China Daily on Monday.

Alibaba to gain brandvantage with soccer club deal

[2014-06-07 07:18]

The investment of Chinese e-commerce giant Alibaba Group Holding Ltd in a top soccer club could be more about building an international brand and preparing for a massive initial public offering in the United States than a move into sports, analysts said.

Huawei sets sights on Japan growth

[2014-06-07 07:18]

Telecommunication equipment major Huawei Technologies Co Ltd said on Friday that it anticipates a substantial pickup in its corporate business in Japan by 2017.

Qualcomm to sell its first China-specific chips this year

[2014-06-06 10:41]

Qualcomm Inc plans to sell its first smartphone chips tailored to China this year, said David Tokunaga, a senior director in product management.

Shanda's hardware arm enters routers market

[2014-06-05 17:17]

Shanda Networking Co Ltd's smart devices arm launched its first Wi-Fi router product on Thursday in a bid to tap into China's growing smart home market.

China's e-commerce giant joins Chinese soccer

[2014-06-05 13:56]

Alibaba Group has become part owner of the country's top soccer club Guangzhou Evergrande on Thursday. Alibaba bought 50 percent of Evergrande's stake, worth 1.2 billion yuan.

Alibaba preps employees for $40b windfall

[2014-06-05 08:07]

While some staffers have enquired if premium brand BMW sells cars in Alibaba's corporate orange, others may invest windfall stock gains in property in North America.

ST Electronics looks to begin competing overseas

[2014-06-03 07:12]

Guangzhou-based ST Electronics-PCI Co, one of China's largest providers of electromechanical systems for metro networks, wants to compete in overseas markets by 2015.

Apple unwraps 'Healthkit' to propel mobile-health ambitions

[2014-06-03 04:09]

Apple took the wraps off a mobile APP that can collect and analyze users' health data, part of a suite of new features outlined for its computing and mobile software at the WWDC 2014 in California.

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