The maker of Momo, one of the first mobile apps in China that enables people to locate and chat with others nearby, and possibly more infamously linked to its “one-night-stand” trait, is reportedly preparing for an initial public offering in the US this year.
View from China
Based in Beijing, ZDNet bloggers report on ICT industry developments from the Chinese perspective.
<p> <a href="http://www.zdnet.com.cn/"><b>ZDNet China</b></a> is run by Ken Gao, Editor-in-Chief of ZDNet China and his editing group, whose members have an average of 10-year-plus working experience in this field.It aims both at providing a China's perspective for the International IT events and offering an international perspective to Chinese IT companies.</p> <p> Found in 1997, ZDNet China is one of the earliest IT websites in China. Currently, ZDNET China covers a range of topics, including technique and application of cloud computing, innovative internet business modes, management and strategies of multi-national companies, and neotechnology such as low-carbon and new energy.
Priced at 449 euros, the new quad-core, 5-inch FHD Gorilla Glass 3 screen smartphone debuted in Paris.
The three largest telcos will spin off part of their business into a jointly owned tower firm to coordinate tower facilities construction in China.
The Chinese e-commerce giant now plans to add new shares to the deal, making its initial public offering the largest one in history, according to a Wall Street Journal report.
World's third biggest smartphone maker is learning from Apple and Samsung but taking a different path.
Police raid Kuaibo, a prominent Chinese online business
Air China, the country’s national flag carrier, said more passengers will soon be able to enjoy free broadband browsing services at 32,000 feet after a successful trial run on Wednesday.
“50 percent of us are the top scoring students in the national college entrance examination. 50 percent are majored in mathematics, and 50 percent are from Microsoft,” says group's co-founder.
Market research says Apple and Samsung accounted for 85 percent of 4G smartphone sales in China in the first two months of 2014. Chinese chip manufacturers worry the market will be monopolized by Western chip makers Qualcomm and Marvell.
Jack Ma, founder of China's biggest e-commerce company and Shi Yuzhu, famous internet venture capitalist, make their move in the booming new media industry in China.
China's plan to impose a value-added tax (VAT) on telecom services since April will reportedly be postponed. This will be slight relief for carriers, whose profits worth of tens of billions yuan will be dented once it is implemented.
More than a thousand workers at the Dongguan-based Shanmukang Technology managed to not only win a better overtime rate on weekdays and weekends, but also double their monthly pay, after a simultaneous strike staged by workers from different depts.
The EU will not take action against Chinese mobile telecom equipment maker including Huawei and ZTE, in order to maintain European manufacturers a place in the world’s second-largest economy.
Well-establihsed Business-to-customer platforms, including Amazon and Dangdang.com, were found selling counterfeit cosmetics products in China from third parties.
The Chinese Internet giant's IPO launch could be the biggest among Internet companies in history, even overtaking Facebook's US$104 billion valuation.