China Dongxiang To Invest USD100 Million In Alibaba Group
China Dongxiang has published a report, stating that it will invest USD100 million in the Chinese B2B e-commerce group Alibaba via its wholly-owned subsidiary.
Russia
Russian MVAS Provider Distributes New Products In China
The Russian innovation company i-Free has announced in Beijing that it will launch its top mobile phone applications products in the mainland China market.
Kingsoft To Enter European And North American Game Markets In 2011
According to Wang Donghui, chief financial officer of Kingsoft, the company plans to enter the European and the North American game markets with two online games in 2011, and the company predicted its revenue from…
China’s Tencent Buys USD300 Million Stake In Eastern European Internet Firm
China’s Tencent Holdings Limited announced a USD300 million investment in Digital Sky Technologies Limited, a large Internet company focused on Russian-speaking and Eastern European markets.
