Momo Buys Tantan for $600 Million

Momo Inc., the operator of a Chinese dating app similar to Tinder, has agreed to wholly acquire Tantan Culture Development Beijing Co. Ltd.,

China Literature Raises Around $1B in its IPO

A Tencent-backed Chinese ebook publisher just had a smashing first day as a public company. Called China Literature, the company raised around $1 bill...

Google sells Motorola Mobility unit to Lenovo

Google has sold struggling US mobile phone company Motorola Mobility to Chinese computer maker Lenovo for $2.91bn, in a surprise move.

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