Shenzhen-based Tencent Holdings (0700.H) is set to purchase a 10% stake in Russian investment firm Digital Sky Technologies (DST) for US$300 million, the Wall Street Journal reported. DST ch... Read more
Alibaba Group, parent of B2B giant Alibaba.com (1688.HK), has been issued a license to provide small business loans to mainland companies, the South China Morning Post reported. "We are... Read more
China Mobile, the country's largest mobile phone operator, has teamed up with the official Xinhua News Agency to launch a mobile digital newspaper for the upcoming 2010 Shanghai World Expo. Read more
Nokia has launched a music subscription service called Comes With Music in China. It will offer DRM-free downloads to computers and mobile phones. Read more
China has set a new target of 150 million 3G mobile subscribers by 2011, state media reported. The Ministry of Industry and Information Technology (MIIT) has also announced that the country... Read more
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