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Wanda, Baidu, Tencent set up e-commerce JV

Friday 29 Aug 2014 | 10:12 CET | News
Chinese entertainment conglomerate Wanda Group, Chinese internet company Baidu and Chinese internet and mobile services provider Tencent have established an O2O e-commerce joint venture dubbed. The JV will invest initial capital of RMB 5 billion (approximately USD 814 million), with Wanda Group holding 70 percent equity, while Baidu and Tencent each own a 15 percent stake, respectively. Wanda ...

Wanda, Baidu, Tencent set up e-commerce JV

Friday 29 Aug 2014 | 10:12 CET | News Chinese entertainment conglomerate Wanda Group, Chinese internet company Baidu and Chinese internet and mobile services provider Tencent have established an O2O e-commerce joint venture dubbed. The JV will invest initial capital of RMB 5 billion (approximately USD 814 million), with Wanda Group holding 70 percent equity, while Baidu and Tencent each own a 15 percent stake, respectively. Wanda ...

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Seven operators to deploy SEA-US submarine cable system

29 Aug 2014 09:56 CET | Asia
A consortium of seven international telecommunication companies have teamed up to build a new submarine cable system directly ...

NXP to supply NFC chip for next iPhone - report

29 Aug 2014 09:24 CET | World
NXP Semiconductors will supply NFC technology for the new iPhone, people familiar with Apple's plans told the Financial Times. ...

Google tests drones for product delivery

29 Aug 2014 09:17 CET | Australia
Google has built and tested autonomous aerial vehicles, which it believes could be used for delivering goods. The project is ...

Vivendi opts for exclusive talks with Telefonica on GVT sale

28 Aug 2014 16:37 CET | Brazil
Vivendi has decided to enter exclusive negotiations with Telefonica on the sale of its Brazilian broadband operator GVT. The ...

National eID card launched in Nigeria

29 Aug 2014 13:54 CET | Nigeria
The Nigerian Identity Management Commission (NIMC) said it will issue MasterCard-branded identity cards with electronic payments ...
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51.7%
of Dutch VoIP lines uses cable
Netherlands  |  2014 Q1