Posts Tagged ‘merger’

What’s The Future For Taxi Apps In China?

On Valentine’s Day, two of China’s taxi-hailing apps agreed to merge. But is this a good business decision and does it benefit consumers in China? China’s two leading taxi-hailing apps Didi Dache and Kuaidi Dache jointly announced on February 14, 2015, that the two companies will realize a strategic integration and they will hold an […]

Kingsoft Acquires MyDrivers For Up To CNY18 Million

Chinese software provider Kingsoft Corporation Limited has revealed in its financial report for the second quarter of 2011 that it has completed the acquisition of MyDrivers, a Chinese software download service provider, for up to CNY18 million. Kingsoft said that the acquisition was completed via Beike Internet Security Technology Company Ltd., a subsidiary of Kingsoft. […]

China’s 360 To Explore Mobile Phone Security Industry

Chinese Internet security software provider 360 has announced plans to acquire, a Chinese mobile […]

China Unicom Beijing Launches Nationwide Mobile Phone Rechargeable Card

After selling its CDMA network to China Telecom, China Unicom has started to upgrade its voucher system and the company’s Beijing branch has announced that it has launched a new-generation rechargeable card for mobile phone users to replace its original rechargeable card.

New China Unicom Managers Will Be Selected From High Levels Of China Unicom, China Netcom

After Chang Xiaobing was assigned as president and CEO of the newly reconfigured China Unicom (CHU), China Unicom says that after the merger of China Unicom and China Netcom, the management tier of the new China Unicom will be selected from the current senior managers of the two companies.

China Unicom Will Have New Name

According to a report of Hong Kong Exchanges and Clearing Limited, China Unicom Limited has announced that after the mergence with China Netcom, the new company may be named, quite originally, China Unicom (Hong Kong) Limited.

China Yahoo Merges With

Chinese e-commerce provider Alibaba announced that it has integrated its affiliates China Yahoo and into one company.

Great Wall Denies Plans To Acquire Amoi’s Laptop Business

Shenzhen-based Great Wall Computer Company has denied a rumor saying that Great Wall Computer will acquire the laptop computer business of Amoi.

Hurray Terminates Enlight Media Merger, Announces 2007 Financial Results

Chinese wireless value-added services firm Hurray (HRAY) says it has agreed with Enlight Media to terminate a proposed business combination announced on November 19, 2007, and it also reported an annual decline in overall revenue growth.