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.
Tags: China
Singaporean data analytics firm Crayon Data secures INR7.3 crore for expansion
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.
China's Meizu and Spain's Bq to build first Ubuntu Mobile phones this year
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.
American Institute of Baking acquires China-based certification body SSADC
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.
China's Fosun Group invests $30.7M in Malaysian restaurant chain Secret Recipe
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.
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Chinese bloggers asked for the help of US Secretary of State John Kerry to help push for Internet freedom in China in a meeting at the US Embassy in Beijing, Bloomberg reported.
US-based art startup Instapainting turns any photos into a hand-painted oil painting for $53 to $130, beating most of its competitors with its pricing and speed in delivering the finished product.
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
The value of digital currency Bitcoin plunged 21% to $619 from $783 after Tokyo, Japan-based exchange paused its trading because of an increase in withdrawal requests.
San Francisco, California-based mobile video advertising startup Vungle snagged $17 million in a Series B funding round led by Thomvest Ventures to build monetization tools for developers of mobile apps.
Tech giant Apple has cleared the App Store of all Bitcoin mobile wallet apps by pulling Blockchain from the store on Wednesday without a clear explanation for the move, but retained other non-wallet Bitcoin apps in the said store.
BTC China, the biggest bitcoin exchange in the world, has begun allowing users to buy the digital currency using Chinese yuan again, just a month after it halted renmibi deposits because of a bank warning.
Bangalore, India-based startup Lumos Design Technology made unbreakable waterproof bags with a built-in battery than can charge mobile gadgets with the use of solar power.
Dublin, Ireland-based pharmaceutical firm Actavis sold its stake in Chinese subsidiary Actavis (Foshan Pharmaceutical Co) for an undisclosed sum because of its limited presence in the country.
