China Tech Newsletter – Dec. 21, 2015

LinkedIn has had 13 million registered users in China, according to Derek Shen, CEO of LinkedIn China.

LinkedIn marketing and advertising solutions will be available in China in January 2016. (via Sina Tech)

*The Sina Tech report said China had overtaken the U.S. to become LinkedIn’s largest market in terms of registered users, which seems wrong as LinkedIn had 122 million registered users in the U.S. as of the third quarter of 2015.

Memblaze, a Beijing-based flash memory company, announces Series C round of funding from Qualcomm Ventures and The General Technology Venture Capital.

Founded in 2011, the company’s clients include three major Chinese internet companies, Baidu, Tencent and Qihoo 360.

Content distribution network (CDN) startup CloudTrop, announces Series A round of funding from a group of investors including Xunlei.

Xunlei unveiled a CDN earlier this year. CloudTrop was co-founded by Lu Peng, former vice president at Alibaba, in 2014. (via Sina Tech)

NetEase has established a film and television production company which will produce films and TV dramas adapted from its online games together with third-party production companies.

Alibaba Group names head of intellectual property enforcement.

Lightinthebox reportes 29% year-over-year decrease in revenue in the third quarter.


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