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Jaunts Inc. Opens Virtual Reality Company in China

Jun 03, 2016 05:26 PM EDT

One of the biggest tech companies in the world, Jaunt Inc., has launched a virtual reality venture in China in partnership with Shanghai Media Group and China Media Capital.

Alibaba Branches Into Financial Media with RMB1.2 Billion Investment in China Business News

Kwao Peppeh |

Jun 04, 2015 01:14 PM EDT

Alibaba Group Holdings Limited has signed an agreeement with China Business News (CBN) that will see the e-commerce company invest up to RMB1.2 billion ($193.6 million) in the media company.

PlayStation 4 to Launch in China Soon, But it Could Be a Gaming Disaster

Cory Doyle |

Dec 02, 2014 02:49 PM EST

"Bringing foreign games into the country doesn't make BesTV money....so relying on selling discs is definitely not what we want," says Shanghai Media Group