Telecommunications
Victor Ai awarded Forbes 2020 Top 100 Venture Capitalist in China
BEIJING, Dec. 31, 2020 /PRNewswire/ -- Recently, Forbes released the 2020 Top 100 Venture Capitalist list inChina, the definitive ranking of the top investors of this year. Victor Ai is awarded one of the top 100 venture capitalists of this year inChina. He is recognized for his excellent leaders...
Renren Announces Unaudited First Half 2020 Financial Results
BEIJING, Dec. 30, 2020 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a premium used auto business inChina through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) ("Kaixin") as well as several U.S.-based SaaS businesses, today announced its unaudited finan...
'People' chosen as Chinese character of the year
BEIJING, Dec. 30, 2020 /PRNewswire/ -- A news report by China.org.cn on China's Chinese character of the year:   In a recently published list of buzzwords in China, "min", meaning "people," was chosen as the Chinese character of 2020, while "poverty alleviation" was crowned as ...
DXY completes USD 500 million financing, to enhance its professional role in healthcare sector
HANGZHOU, China, Dec. 29, 2020 /PRNewswire/ -- On December 28, DXY, a leading digital healthcare technology company inChina, announced the completion of a USD 500 million financing. This financing was led by Trustbridge Partners, and followed byTencent Investment and GL Ventures. Li Tiantian, Fou...
China Finance Online Reports Third Quarter and First Nine Months of 2020 Unaudited Financial Results
BEIJING, Dec. 29, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities tra...
CLPS Incorporation Acquires Remaining Ownership Stake of Ridik to Further Advance Global Footprint
HONG KONG, Dec. 29, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its indirectly wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has acquired the remaining 20% ownership stake in Ridik Pte. Ltd. ("Ridik"), aSinga...
SOS Ltd. Announces Partnering with Zhonglu P&C Insurance
QINGDAO, China, Dec. 29, 2020 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS") announced today that it entered into a strategic cooperation agreement with Zhonglu Property And Casualty Insurance Co, Ltd ("Zhonglu ") to cooperate in the area of big data precision marketing, insu...
SINA to Deliver Authorization Notice to Shareholders Validly Objecting to the Merger
BEIJING, Dec. 28, 2020 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (Nasdaq: SINA), a leading online media company servingChina and the global Chinese communities, will deliver authorization notice as required by the Companies Act of theCayman Islands (the "Companies Act") to all th...
TAL Announces Agreements for US$3.3 Billion of Private Placement with Silver Lake and Other Investors
BEIJING, Dec. 28, 2020 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced that a group of investors has agreed to invest an aggregate of$3.3 billion in the Company through private placement, of ...
Flight Centre Travel Group Transforms its Customer Experience with K2 Cloud
Global travel agency leverages digital process automation software to transform and drive operational efficiencies AUCKLAND, New Zealand, Dec. 29, 2020 /PRNewswire/ -- Nintex, the global standard for process management and automation, today announced thatFlight Centre Travel Group(ASX: FLT), one...
Oceanpine Capital Hits $400Mn Final Close of Fund II
BEIJING, Dec. 28, 2020 /PRNewswire/ -- This is the first time Oceanpine has sought funding from external LPs since its inception inDec 2016. That year, the firm set up its $400 million debut fund using GP's internal capital. Founder Dave Chenn, who previously established a multi-billion-dollar...
What does the new joint measurement of Mt. Qomolangma mean for China-Nepal relations
BEIJING, Dec. 28, 2020 /PRNewswire/ -- A news report by China.org.cn on the joint measurement of Mt. Everest byChina and Nepal:   Mount Qomolangma, the world's tallest mountain, has got a new height. Recently,China and Nepal jointly announced that the mountain's new height, inc...
TTC and UsableNet Announce Organizational Partnership
SYDNEY, Dec. 28, 2020 /PRNewswire/ -- TTC and UsableNet have announced a new organizational partnership to expand digital accessibility services in the AU and NZ regions, combining UsableNet's award-winning accessibility solutions and technology with TTC's leading software assurance and digital t...
Papalook Ramps Up Its Business Expansion in Europe with Product Plan Focusing on Livestreaming and Video Conferencing
LONDON, Dec. 28, 2020 /PRNewswire/ -- Papalook, an industry-leading webcam expert seeking to connect people with technology, is set to strengthen its business expansion inEurope as it moves into 2021. Already, this year, the company has generated sales of more than200,000 cameras in the European ...
500.com Limited Announces Management Change
SHENZHEN, China, Dec. 28, 2020 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider inChina , today announced that Mr. Zhaofu Tian has resigned as Chief Technology Officer of the Company due to personal reasons, effectiveDecember 31. ...
China Finance Online to Report 2020 Third Quarter and First Nine Months Ended September 30, 2020 Unaudited Financial Results on December 29, 2020
BEIJING, Dec. 28, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese individual investors with fintech-powered online access to securities tra...
Coupang Dives into Video Streaming with Launch of Coupang Play
SEOUL, South Korea, Dec. 28, 2020 /PRNewswire/ -- Coupang, one of Asia's largest eCommerce companies, added video streaming as its latest offering to WOW members with the launch of Coupang Play. At no additional cost, subscribers to Coupang's premium membership service will now be able to enjoy...
NetEase Cloud Music Concert by TFBOYS Breaks Guinness World Records for Most Viewed Paid Concert
HANGZHOU, China, Dec. 27, 2020 /PRNewswire/ -- NetEase Cloud Music, a leading interactive music streaming service provider inChina, today announced that a concert by TFBOYS, one ofChina's most popular boybands, held on its platform has broken the Guinness World Records for the most viewed paid co...
Terminus Group: AI CITY reshapes life when productivity returns
BEIJING, Dec. 25, 2020 /PRNewswire/ -- How will the future city look like? It's not that hard to give an accurate answer to that question if you are familiar with the latest research in the field of urban digitalization. Yet it's still not easy to pinpoint every aspect contributing to the success...
Online Orders on Yiwugo Doubled, over 80% of Which were Placed by Cellphone Users
YIWU, China, Dec. 24, 2020 /PRNewswire/ -- Yiwugo.com is the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world. According to the back-office statistics about transactions on Yiwugo, as of the end of December, the total number of online ord...
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