Alibaba affiliate buys its way into China’s lottery…

[caption id="attachment_6454" align="aligncenter" width="600"] Picture from Sina Sports[/caption] Alibaba has now set its sights on China's lottery market, with its financial affiliate Ali Fortune becoming a major shareholder of the Hong Kong-listed company Asia Gaming…

Alpha Animation increases IP content with aims to…

[caption id="attachment_6378" align="aligncenter" width="600"] Alpha at China Licensing Expo 2015 (picture from Tencent Comic)[/caption] Leading Chinese animation producer Alpha Animation launched a new investment to produce more IP content, following previous investments in virtual reality…

LeCloud completes Series A financing, likely pushing valuation…

[caption id="attachment_6265" align="aligncenter" width="600"] Picture from LeEco[/caption] LeCloud, the cloud platform of China’s internet behemoth LeEco, announced that it has completed its Series A Funding on Sunday, the amount of which was not disclosed. LeCloud…

Home-service platform Ayibang outsources to keep its edge…

[caption id="attachment_6207" align="aligncenter" width="545"] Wan Yong, the CEO of Ayibang[/caption] The CEO of Beijing-based home-service platform Ayibang told AllChinaTech on Wednesday that they are expanding services by engaging partners in other cities and outsourcing services to…