the-end Archives - Elite Sites

Netflix to launch in South Korea, Singapore, Hong Kong, Taiwan early next year

September 9, 2015 publisher alina-selyukh, china, early-next, encinitas, game-consoles, launching-two, national-intelligence, netflix, singapore, south, taiwan, the-end

(Reuters) – Netflix Inc said it would launch its movie and TV streaming service in South Korea, Singapore, Hong Kong and Taiwan early next year. The move is part of the U.S.-based streaming pioneer's global expansion plans

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Egypt seeks 50 percent Internet penetration by end-2016: minister

August 16, 2015 creative egypt, increase-its, internet, match-feature, reuters, start, the-end, the-minister, the-start

By Ehab Farouk CAIRO (Reuters) – Egypt is looking to add 500,000 new Internet users by the end of 2015 and increase its internet penetration rate to 50 percent from 34 percent by the end of 2016, communication minister Khaled Ali Negm said.

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China car services firm Tuhu raises $100 million from Joy Capital, Welkin

August 11, 2015 creative capital, chinese, funding, funding-round, internet, investors, legend-capital, match-feature, private-equity, reuters, start, the-end, the-start, venture-capital

Tuhu, a Chinese online platform for automobile services and products, said on Tuesday it raised about $100 million from a group of investors including venture capital firm Joy Capital, looking to expand its distribution network and warehouses. Joy Capital, whose founders include the former head of telecommunications investments at Legend Capital, led the funding round, Tuhu Founder and Chief Executive Min Chen said. Other investors included private equity firm Welkin, leasing company Far East Horizon Ltd and existing Tuhu investors such as Legend Capital and Qiming Venture Partners.