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China Unicom confirms Alibaba, Baidu, Tencent as new shareholders

2017-08-16 02:00:00| Total Telecom industry news

As expected, China Unicom on Wednesday confirmed that Web giants Alibaba, Baidu, and Tencent are among more than a dozen companies that will invest a combined 74.72 billion yuan (€9.53 billion) in the operator in a bid to revive its fortunes. Alibaba rival JD.com and ride-hailing firm Didi are part of the group as well (see below for a full list). China Unicom said it expects net proceeds to come in at CNY61…read more on TotalTele.com »

Tags: china alibaba shareholders confirms

Amazon, Tencent invest in Android founder's new Essential smartphone

2017-08-10 08:59:00| Telecompaper Headlines

(Telecompaper) Amazon and Tencent are among the investors in the new smartphone maker Essential started by Android creator Andy Rubin. The company announced that its earlier disclosed funding round of USD 300 million was led by Access Technology Ventures, the venture capital arm of industrial group Access Industries, with a US 100 million investment.

Tags: amazon essential invest smartphone

China Unicom fuels investor speculation with Alibaba, Tencent deals

2017-08-07 02:00:00| Total Telecom industry news

China Unicom has partnered with Alibaba and Tencent, fuelling speculation that it could soon count the online giants among its shareholders. C114 reported last week that the operator has agreed to establish "…read more on TotalTele.com »

Tags: china deals investor alibaba

TCL Multimedia and Tencent announce Smart TV collaboration

2017-07-05 15:10:50| Digital TV News

FFalcon Technology, a wholly-owned subsidiary of TCL Multimedia (HKSE: 1070.HK) and Tencent Digital have announced that they plan to work together to accelerate the promotion of a 'Smart + Internet' business model.

Tags: multimedia smart collaboration announce