China Digital
Tencent’s WeChat App to Offer Coupons and Local Deals?
Tencent’s WeChat messaging app is about to get even more useful and become equipped with local deals and discount coupons. This will happen via the acquisition of a company called TongCard by Tencent. TongCard, founded in 2006, is a platform for retailers to reach out to consumers via promotions and coupons, and is one of China’s top O2O companies. It’d also see Tencent make a huge leap in its O2O service strength, growing to beat major web companies and startups such as DDMap or Baidu
Source: Tech In Asia
China Digital
360 Expands Mobile with VIVA Investment
VIVA, one of the largest digital magazine publishers in China, recently completed Series B round of financing. The funding would go towards “ramping up VIVA mobile magazine” to turn it into the most influential wireless new media. Han Yin, founder of the company, believes VIVA is on track to become a new media platform for quality and social reading, and with Qihoo360’s huge user and channel resources, is the reason why Han Yin has selected them among others.
Source: Tech Node
China Digital
Youku Tudou Strengthens with Sony Pictures Television Partnership
Chinese online streaming video company Youku Tudou, has just announced an agreement with Sony Pictures Television to bring over 300 titles to its paid Youku Premium platform. Other agreements have been made also with Dreamworks, Paramount, Disney and Lionsgate, and now Sony Television on board; Youku Tudou will have licensed offerings from all major Hollywood studios.
Source: Tech In Asia