Menlo Park, US-based social media giant Facebook will be kicking off its yearly Hacker Cup competition at the company's head office today with 25 participants from North America, Asia, and Europe.
Tags: China
Walt Disney Studios inks deal with Shanghai Media Group Pictures to grow presence in Chinese entertainment
An agreement was entered into between Walt Disney Studios and Shanghai Media Group Pictures to allow writers and filmmakers in the US and China to work together in producing Disney movies with Chinese themes, Reuters reported.
Chinese pet e-commerce site Boqii lands $25M in Series B funding
Shanghai, China-based pet e-commerce site Boqii landed $25 million in a Series B funding led by undisclosed US investors to fuel its brand building and expansion efforts.
Chinese photo app Camera360 releases update with new features
Chengdu, China-based photo editing mobile app Camera360 released its updated version which now has streamlined design and packed features, including one that lets users store photo data in the app's cloud service.
Chinese messaging app WeChat undergoes major upgrade
With the spotlight suddenly turned on messaging apps after Facebook acquired WhatsApp, Chinese app WeChat released a major upgrade for the iOS and Android versions with new features such as real-time location sharing and chat history search.
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San Francisco, US-based venture capital fund network IDG Ventures is currently raising $100 million for its third fund, the IDG Ventures III, to invest in early-stage startups in the US.
China-based Social media marketing firm KMSocial has raised tens of millions of dollars in a Series B funding round led by Fosun Venture Capital Investment. Existing investor Fidelity Growth Partners Asia also participated in the said round, according to VentureBeat.
Singapore-based data analytics firm Crayon Data secured INR7.3 crore in a venture round from Jungle Ventures and Spring Seeds Capital for its expansion into the US, UK, Middle East, and China.
Canonical, the parent firm of UK-based operating system Ubuntu, partnered with Chinese electronics firm Meizu and Spanish mobile gadget firm Bq to build the first Ubuntu Mobile phones this year.
US-based non-profit technology transfer center for bakers and food processors American Institute of Baking (AIB) added Beijing, China-based certification body Beijing Sino-Swiss ADC Service Co Ltd (SSADC) for an undisclosed amount.
Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.
Chinese car manufacturer Beijing Automobile Group signed a deal to purchase 25.02% of the shares of Mountain View, US-based new energy firm Atieva for an undisclosed amount, and is later expected to launch a high-end electric vehicle.
In 2010, China has blocked American cloud storage service Dropbox for an unconfirmed reason, but last week, the Asian country has once again opened its access to Dropbox, according to Tech In Asia.
Beijing, China-based software company Kingsoft will sell a a 4.7% stake worth $20 million in its game developing subsidiary Westhouse to Chinese smartphone manufacturer Xiaomi.
