• Tsinghua Unigroup Ltd and RDA Microelectronics Inc jointly announced on Friday the closing of the approximately $907 million merger.
 
  • JD.com on Thursday relaunched its Paipai online marketplace, opening a new front in its escalating battle against Alibaba Group Holding.
 
  • China's online video portal LeTV Group has set up subsidiaries in Los Angeles and Silicon Valley with the aim of expanding its business in North America.