As demand for VR-related experiences continues to grow and the China government has been aggressively pushing establishment of VR industry alliances, players including High Tech Computer (HTC), Intel, AMD, Nvidia and ARM have all increased ...
Tags: VR industry, VR device
China set up an industry alliance for virtual reality (VR) on Thursday, in a move to accelerate the application of VR in entertainment, education and manufacturing. The Industry of Virtual Reality Alliance includes more than 170 ...
Tags: Virtual Reality, headset
China's consumer goods retail sales grew 10.6 percent year on year in August, accelerating from the 10.2-percent growth posted in July on the back of robust online sales. Total retail sales of consumer goods amounted to 2.75 trillion yuan ...
Tags: consumer goods, retail sales
New Zealand-based dairy co-operative Fonterra is set to test online sales of its Tip Top ice cream brand in China. The company plans to sell Tip Top ice creams online through TMall platform operated by Chinese e-commerce major Alibaba. ...
Tags: Tip Top ice creams, TMall, Fonterra
Mondelez International has entered into a strategic partnership with Chinese ecommerce company Alibaba Group to expand its presence in China. The alliance enables Chinese consumers to lay hands on a complete range of Mondelez products, ...
With China's virtual reality (VR) market heating up, China-based VR start-ups have begun to push what they calim to be their unique VR technologies. China-based first-tier Internet service providers Baidu, Alibaba and Tencent have also been ...
Tags: virtual reality, VR market
Apple, partnering with Chinese bankcard association UnionPay, launched its mobile payment system Apple Pay on Thursday in China, one of the world's largest mobile-payment markets -- but one already dominated by local players like Alibaba ...
China's outbound M&A volume increased for the sixth consecutive year to a record high of $111.9 billion in 2015, breaching the $100 billion mark for the first time ever, says a recent report from Dealogic, an international information ...
Tags: Outbound M&A
More and more Chinese enterprises are choosing India as a destination for investment, as the country is becoming more open to foreign capital. In a keynote speech at the China-India Business Forum in Shanghai, made during his visit to ...
Tags: Investment Destination, India
Le Vision Pictures, an affiliate of LeTV, is planning to seize a piece of China's video market. The company says it will release 20 of its own movies, 13 Sino-US coproduction films, and 30 Internet dramas in 2016. Meanwhile, Le Vision ...
Tags: Levp, Domestic Video Market
China's central bank released detailed regulations of online payment services by non-bank institutions on Monday in the latest effort to contain possible risks in the booming Internet finance industry. The new rules require real-name ...
Tags: China Central Bank, Online Payment
China and Finland have set up a fund that will pool money from Chinese and Finnish enterprises to invest in innovative startups and joint tech projects. The 40-million-euro fund, agreed at a forum in Beijing technology hub Zhongguancun on ...
Tags: Tech Fund
Chinese tech companies are making good on President Xi Jinping's promise that China will provide investment and technical support to expand Internet access in developing countries. They are busy advertising international projects and ...
Tags: China's Race
Alibaba has agreed to buy some 30 percent stake into China's food delivery service Ele.me, valued at 1.3 billion U.S. dollars. The deal is expected to be completed after the Spring Festival in Feburary of next year. After completion, it ...
Hong Kong has replaced New York this year as the world's biggest IPO market by the amount of funds raised. According to data from Reuters, companies have raised 25 billion U.S. dollars from initial public offerings in Hong Kong so far ...
Tags: IPO Capital