Sectors
Content Media acquires Chinese media producer Alive Group
Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
US game monetization firm Mochi Media to shut down on March 31
San Francisco, US-based Flash game development and monetization platfrom Mochi Media will shut down on March 31, 2013 as it no longer has a solid future with Flash games.
OKCoin raises $10M in Series A round to become China's biggest Bitcoin exchange
OKCoin raised $10 million in a Series A funding round led by Chinese venture capital firm Ceyuan to become the biggest Bitcoin exchange in China according to trading volume.
YTS revives Argentine movie streaming app Popcorn Time
After gaining popularity last week for its easy-to-use movie streaming interface and being shut down shortly after that, Buenos Aires, Argentina-based app Popcorn is being revived by torrent site YTS.