Haha Pinche successfully raised $10 million during its Series A funding round. Its backers include Innovation Works and Sequioa Capital. Haha Pinche is a Chinese carpooling application that connects drivers and passengers...
China
Heinz to tighten supplier controls in China after infant food scare
U.S. foodmaker H.J. Heinz Co said on Tuesday it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves due to excess levels of lead.
Community Health says data stolen in cyber attack from China
Community Health Systems Inc (CYH.N), one of the biggest U.S. hospital groups, said on Monday it was the victim of a cyber attack from China, resulting in the theft of Social Security numbers and other personal data belonging to 4.5 million patients.
China's July economic data points to further softness
China's economy showed further signs of softening in July despite a burst of government stimulus measures, suggesting more policy support may be needed to keep growth on track as a property downturn worsens.
China posts record trade surplus, but domestic economy may lag
China's buoyant exports pushed its trade surplus to a record in July, fuelling optimism global demand will help counter pressure on the domestic economy from a weakening property sector.
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Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.
China's Huawei Technologies Co Ltd said smartphone shipments in the first half rose 62 percent year-on-year, as it targets the more expensive smartphone sector dominated by Samsung Electronics Co Ltd and Apple Inc.
A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp (MSFT.O) because the firm has not fully disclosed information about its Windows operating system and Microsoft Office software.
JD.com Inc, China's second-biggest e-commerce company by market share, will accept pre-orders for Microsoft Corp's Xbox One games console in China from July 28 to July 30, the firm said on Monday.
The mobile industry has long held that Samsung's broad range of mobile devices makes it nimble in changingmarkets, while Apple loses out by rigidly sticking to its high-end gadgets.
China will crack down on smartphone apps featuring pornography and obscene content, the government said on Tuesday, the latest move in an official campaign to 'clean the Internet'.
Production has been indefinitely halted at a Chinese supplier to Samsung Electronics Co Ltd (005930.KS) after the factory was suspected of using child workers.
NQ Mobile Inc, a Chinese mobile security software maker facing allegations of fraud from short-seller Muddy Waters Research Group, said it dismissed PricewaterhouseCoopers Zhong Tian LLP as its independent auditor.
Yahoo Inc cannot seem to part ways with Alibaba. And with Yahoo's business continuing to deteriorate, some Wall Street analysts say it is hard to blame the company.
