Beijing based StumbleUpon like service Quzhai has sent out an email to all its users that the service will be shut down very soon. Quzhai learns users' interest by asking them to click like or dislike button on its toolbar.

Lots of discussion on the news that Masayoshi Son's Softbank will lead an investment totaling $430 million for approximately 35% stake of Oak Pacific Interactive (OPI), whose main asset currently is Xiaonei.com, a Facebook clone, can be found on the

Qiushibaike.com , an interesting website that let users to share their embarrassed stories online, is trying to sell its banner ads and feed ads in Chinese C2C website Taobao.com. (via Webleon ) Till now, Qiushibaike has over 12000 stories shared

CHINICT , an event focused on the promising high tech companies from China and the West, will take place for the 3rd time in Beijing, on May 22nd and 23rd 2008 . The most promising IT companies from China and

It has been rumored for quite a long time, Tudou , the largest video sharing website in China, finally officially announced its $57 million series D financing at a $150 million valuation , which is the largest round of funding

When Google launched it OpenSocial plan in last year, Tianji.com is the only one from China on the partners list. But we did not hear any news on Tianji's OpenSocial development. Now CityIn.com , an emerging SNS , announced its

Sina, the most popular Chinese web portal, today quietly launched a new product called Sina Mofun with an iPhone-like interface. Sina Mofun, similar to Yahoo Widgets, is a desktop widgets client, which closely integrated with Sina's web 2.0 services, including

It is reported today that Baidu will partner with online game operators to operate online game service soon, the official news will be announced early next week. Acutally, you can access the Baidu online game channel already. Baidu now partners

Baidu has launched personal startpages . Unlike iGoogle, Baidu doesn't let you add your own news feeds, not to say programmable gadgets. Currently all you can customize are a couple of handy assistants, news aggregation and search keyword trends. Since

CityIn.com , a new SNS with some innovative features, continues adding new features since it launched about one month ago, such as face-detecting tech for photo tag. It now rolled out a new content aggregation feature, similar to what Hainei.com

Taobao, the dominating C2C platform in China owned by Alibaba Group, released its sales stats for Q1 of 2008, and launched an important new service, Taobao Mall. According to Taobao, it recorded RMB 18.8 billion Yuan sales volume in 2008

Just two weeks after Baidu Hi launched its public beta test, Baidu announced on yesterday that over 1 million users has tried Baidu Hi. An IM service from Baidu will definitely attracts users' attention, similar to Google's GTalk. The real