CNET China Acquired 55BBS

CNET China announced yesterday that it has acquired an online lifestyle forum site 55BBS.com. According to report by Sina, Lu Wang, president of CNET China said the acquisition amount is over RMB 10 million yuan, and paid by cash.
55BBS.com, established in May 2004 by Hua Han, is an online forum for users to discuss [...]

mInfo Acquires Mobile Search Service Guanxi

mInfo, a Shanghai-based mobiel search service provider, announced to acquire another Shanghai-based mobile search service Guanxi SMS from Mailman Ltd.
Guanxi was established in early 2002, offers local directory services via SMS using English and Chinese in 20 major cities via SMS, its target users are mainly expatriates in China.
Alvin Wang Graylin, CEO of mInfo [...]