Two offshore Internet investment funds have paid a combined RMB1 billion ($163 million) for stakes in Wanda E-Commerce.
China has arrested over 30,000 people in connection with the spread of pornography and online gambling.
Chinese Internet group Baidu is said to be in the process of making an investment in Uber, the controversial taxi hailing app.
Giant smart phone maker now has stakes in rival online video companies.
HONG KONG – Baidu, China's search engine giant, saw net earnings grow by 27% in the third quarter, less than stock market forecasts, as revenues rose by 52%. Total revenues in the third quarter of…
Appropriately named "Golden Era" is first investment for new fund.
Trio of companies will put up $814 million in bid to create world's largest O2O player
New alliance makes bridges gaps between real and online worlds, has multiple implications for entertainment sector, and increases competition for Alibaba
Digital and demographic changes force traditional film companies into rethink. Co-productions lose allure.
Site could be spun off from Baidu