Summary:

China is hot. Mobile connections there just overtook those in the U.S. for the first time. Here is a glut of deals news today illustrating t…

Shanghai skyline, China
photo: Robert S. Donovan

China is hot. Mobile connections there just overtook those in the U.S. for the first time. Here is a glut of deals news today illustrating the boom…

» Changyou, the online gaming arm of Sohu (NSDQ: SOHU) announced that it has agreed to acquire 17173.com – a news site for games – from Sohu for US $162.5 million. Via Technode

» Social Gaming Veterans SNS+ Raise $12.2 Million For Its Asia-Focused Titles. Via Penn Olson.

» New Weibo Games Stats Reveal How Sina (NSDQ: SINA) Cracked Social Gaming.

» Baidu (NSDQ: BIDU) is spinning off its ecommerce unit Youa to a separate company, raising tens of millions for it from IDC-Accel and Qiming. Via Technode.

» Follow5, a service which syncs microblog (“weibo”) updates across multiple services, may sell to browser firm Qihoo360. Via Technode.

» Angry Birds Landing in Japan. But Will It Succeed? Via Penn Olson

» More Evidence of Mobile Gaming on the Rise in Asia. Via Penn Olson

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