| 06/23 18:23 | Shanghai Moushi Trading lands $10 mln in VC funding |
| 11/20 15:26 | Kaixin001 secures $20 mln in second-round funding |
The rapidly spreading popularity of group discount sites in China is giving physical small and medium sized enterprises (SME) across the country a way to market themselves online. The unique business model may prove a serious new competitor in China’s lucrative online shopping sector.
Mixed second quarter results this year from China's leading online game operators show a leveling off in the robust growth of the industry that has lasted for over a decade. Not only is the online games industry going through a short-term transition, according to analysts, it is facing a challenging long-term slowdown.