• Company Updates
Company Updates

LeEco will buy Vizio for $2 billion        2016-07-27

Chinese tech company LeEco announced on Tuesday that it will acquire Vizio, a major TV brand in the US, for $2 billion in cash as it expands globally.

Tencent's music services merged with CMC        2016-07-16

Tencent Holdings Ltd said on Friday that it will merge its QQ music service with China Music Corp, a move combining some of the country's most popular streaming music platforms to build a giant in the digital music market.

Alibaba luxury auction sales to expand        2016-07-15

E-commerce conglomerate Alibaba Group's Xianyu Auction platform is gearing up its expansion in used luxury sales, by cooperating with the China Certification & Inspection Group luxury identification center.

Baidu vows to further help Chinese developers expand overseas        2016-07-15

Chinese Internet giant Baidu Inc opened "Du Ad Platform (DAP) Forum" on Thursday, aiming to support domestic mobile Internet developers to make profits overseas.

Alibaba opens info security tech platform        2016-07-14

Alibaba Group Holding Ltd is gearing up to open up its information security technologies to other e-commerce players, as the online shopping giant sees the industry-wide data security market as the cornerstone for it to reach its goal of selling 6 trillion yuan ($896.8 billion) of goods on all its platforms in 2020.

Lenovo acquires NEC stake in joint venture        2016-07-06

The company will continue its PC-centric strategy MA SI