Posted by: Cherry Zhang on Nov 20 2009

Shenzhen-based telecom and software company Montnets has signed agreements to receive RMB 35 million in venture capital from three investors: Tiantu Capital, Green Pine Capital Partners and U.S./Indonesian "Xiong Shi" ("Bear Clan") Group, reports Shenzhen Special Zone Daily...

Posted by: Tom Telford on Nov 20 2009

Software and service company eFuture Information Technology Inc. (Nasdaq:EFUT) made a net loss of RMB 11.38 million ($1.67 million) in the quarter ended September 30, the company's fiscal second quarter, compared with a net income of RMB 0.97 million in the same period last year, the company announced November 20...

Posted by: Tom Telford on Nov 17 2009

Finance industry software and service provider Longtop Financial Technologies Ltd. (NYSE:LFT) reported GAAP net income of $18.9 million in the quarter ended September 30, 2009, the company's fiscal second quarter, representing a 33.2% increase against the year-ago period...

Posted by: Tom Telford on Nov 17 2009

Offshore software developer VanceInfo Technologies Inc. (NYSE:VIT) made net revenues of $40.2 million in the third quarter of 2009, up 45.2% year-on-year. The company attributed the increase primarily to the expansion of its China business, which accounted for $18.8 million, or 46.7%, of net revenues in the quarter...

Posted by: Cherry Zhang on Nov 16 2009

Alibaba's online payment tool Alipay plans to release payment software for mobile platforms including Google's (Nasdaq:GOOG) Android and Research In Motion's (Nasdaq:RIMM) BlackBerry, and it does not exclude the possibility of pre-installing software in handsets, reports pchome.net quoting Alipay Wireless
Team Leader Zheng Lei...

Posted by: Sophia Fu on Nov 12 2009

Beijing-based applications software developer Bright Oceans Corporation (600289.SH) and Korean software company TmaxSoft signed a mutual agreement on November 11 to promote the other party's products before competing products in their own countries, Bright Oceans announced November 12...

Posted by: Ana Swanson on Nov 11 2009

Beijing-based IT solutions provider Digital China Holdings (0861.HK) announced November 10 that it recorded profit attributable to shareholders of HK$412 million in its first fiscal half, the six months ended September 30, up 69.10% year-on-year...

Posted by: Sijia Xie on Nov 10 2009

China Unicom's (NYSE:CHU, 0762.HK, 600050.SH) communication technology subsidiary Vsens (600410.SH) has completed its acquisition of a 68.4% equity interest in Hong Kong-based Automated Systems Holdings Limited (ASL) (0771.HK), Science and Technology Daily reported November 9...

Posted by: Sijia Xie on Nov 09 2009

An unnamed China Unicom (NYSE:CHU, 0762.HK, 600050.SH) revealed November 6 that China Unicom is developing an application store to work in conjunction with Apple's (Nasdaq:AAPL) AppStore, donews.com reports...

Posted by: Sophia Fu on Nov 06 2009

Fortune Venture Capital agreed to invest RMB 20 million Zhengcai Software Technology in an agreement signed November 5, reports ChinaVenture. Based in Zhuhai, Guangdong province, Zhengcai Software was established in May 2003 with registered assets of HK$5.75 million.

Posted by: Cherry Zhang on Nov 05 2009

Shenzhen-based enterprise software company Kingdee (0268.HK) has added a new subsidiary with the acquisition of a previous partner in Xuzhou, Jiangsu province, reports TechWeb. Xuzhou-based Biside Software, a Kingdee partner since 1998, changed its name to Kingdee Xuzhou in 2008 and officially became a Kingdee subsidiary in October, said the report.

Posted by: Sijia Xie on Nov 05 2009

European mobile software supplier Myriad (SIX:MYRD) intends to restructure its research & development base in Chengdu, Sichuan province into a new R&D center, Chengdu Daily reported November 3 citing a company announcement...

Posted by: Ana Swanson on Nov 05 2009

Beijing-based IT solutions provider Digital China Holdings (0861.HK) announced November 2 that its non-wholly owned subsidiaries Digital China Software and King Tech Service will acquire 23.65% and 6.96% equity interest, respectively, in Japanese IT company SJI (Jasdaq:2315) before the end of 2009...

Posted by: Cherry Zhang on Nov 04 2009

NetEase's (Nasdaq:NTES) Hangzhou Institute has developed an in-game voice instant messaging tool "NetEase CC" for use in its MMORPGs, the company's portal 163.com reported November 4. A director of the project said client-end software for the voice tool will be offered free-of-charge permanently and that an in-game version of the tool will be available in NetEase's in-house developed 3D MMORPG Tian Xia Er ("TX2") after updates released on November 4.

Posted by: Cherry Zhang on Nov 04 2009

Sohu's (Nasdaq:SOHU) search engine Sogou has released a cloud computing-based Sogou Pinyin Input Method Editor (IME) on November 2, cnbeta.com reports. Sogou claims the IME offers improved vocabulary and can be used with operating systems including Microsoft's (Nasdaq:MSFT) "Windows," "Linux", Google's (Nasdaq:GOOG) "Android" and Apple's (Nasdaq:AAPL) "iPhone OS", and with browsers including Microsoft "Internet Explorer," Mozilla's "Firefox", and Sogou's own browser, said the report.