Chinese telecom operator China Mobile has finally published an official announcement, confirming that it will invest CNY39.8 billion to acquire a 20% stake in Shanghai Pudong Development Bank.
China Mobile Guangdong and SPD Bank have signed an agreement, under which China Mobile Guangdong will conditionally acquire the stake for cash consideration of CNY39.8 billion; while SPD [...]

According to China's Vsens, the wholly-owned customized terminal subsidiary of China Unicom, its new customized 3G smartphone, XT701, made by Motorola, is now ready for sale.
This is China Unicom's first smartphone product based on the latest Android 2.0 platform and the product, with Wi-Fi function, is sold at the price of CNY4,299.
Consumers who are interested [...]

Taobao.com, the Internet shopping subsidiary of the Chinese business-to-business e-commerce group Alibaba, has announced that [...]

China Southern Airlines Company Ltd. and China Telecommunications Corporation have inked a strategic cooperation framework [...]

China UnionPay and China Unicom have signed an agreement in Beijing to form a strategic [...]

Taobao.com, the Internet shopping subsidiary of the Chinese B2B e-commerce group Alibaba, has announced that it will cooperate with China Mobile to launch a new mobile phone short message-based price comparison service.
With this new service, mobile phone users will be able to inquire about the prices of goods sold on Taobao.com when they are shopping [...]

Youa, Chinese search engine company Baidu.com's online shopping platform, has announced that China Telecom Beijing has opened an official flagship store on its website, focusing on 3G mobile products.
To enable China Telecom Beijing to complete registration and open its online store as soon as possible, Youa has opened an express channel for the company. The [...]

Starting tomorrow and lasting for three days, GoIndustry DoveBid will be hosting an inaugural online auction for Motorola in China to rid the company of a large quantity of mobile telecom test equipment used by Motorola in its Hangzhou facility.
The sale will include over 500 lots including GSM, CDMA and EDGE type test and measurement [...]

China Telecom Beijing branch has opened a flagship store on the Internet e-commerce website Taobao.com, providing 3G terminal products such as 3G network interface cards, 3G mobile phones, and 3G netbooks as well as communications services such as wireless broadband service, 3G wireless packages, and voice service packages.
Compared with products sold in China Telecom's business [...]

Chinese B2B e-commerce giant Alibaba Group has confirmed that the company has acquired a small amount of shares in the Guangzhou-based mobile phone software technology provider Ucweb and the news has also been confirmed by a representative from the marketing department of Ucweb, without mention of the investment value.
According to Zhang Wei, the person in [...]

Chinese telecommunications operator China Mobile has signed a framework agreement with the Guangdong government to invest CNY80 billion in the province in the next five years to support its network construction and business development in Guangdong.
According to the agreement, China Mobile and the Guangdong government will jointly implement ten projects, including the leading information network [...]

Alipay, the Internet payment subsidiary of the Chinese B2B e-commerce group Alibaba, has confirmed that after a one-year distribution timeline, its mobile phone payment service will enter an official promotion stage this year.
At present, Alipay has published recruitment information to hire wireless development engineers, including mobile phone product developers, wireless product managers, and wireless system [...]

China Mobile Zhejiang branch has announced plans to cooperate with Zhejiang Alipay Internet Technology, the online payment subsidiary of the Chinese B2B e-commerce company Alibaba Group, to provide an additional payment channel for the customers of its online store.
With the cooperation, China Mobile Zhejiang will connect its system to that of Alipay to make the [...]

China Mobile is continuing to insist on managing the online sales for Apple's iPhone apps in China, so its negotiation with Apple about introducing the iPhone into China has now stalled.
Quoted by Chinese technology website ZOL.com.cn, an unnamed insider from China Mobile's research institute says China Mobile's chairman Wang Jianzhou revealed that over the past [...]

Nokia Siemens Networks and China Mobile's (CHL) Fujian branch are working together to help bleed China's peasants of their hard-earned cash through a new marketing platform that will allow urbanites to sell to farmers via the Internet.