<- November 25, 2009 ->

Featured Articles

Rumor: Shanda Acquires Ku6

Sina Tech, 11/25/09

Reliable industry sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) has reached an acquisition agreement to acquire online video site Ku6 at a valuation of USD 44 mln in exchange for shares of Shanda subsidiary Hurray (Nasdaq: HRAY). Read More...

PPStream Starts New Round of Funding, to IPO

BiaNews, 11/25/09

President Xu Weifeng of Chinese online P2P video service PPS (PPStream) revealed that the company recently began a new round of funding, and could become China's first video-sharing site to make a public listing. Read More...

Giant Interactive Q3 2009 Net Profit Up 48% YoY

PR Newswire, 11/25/09

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced its unaudited financial results for Q3 2009, with net revenues reaching RMB 290.2 mln, up 9.4% year-on-year and down 20.3% quarter-on-quarter. Read More...

China Reaches 7 Mln 3G Subscribers

Netease Tech, 11/25/09

Zhang Xinsheng, counsel at the Ministry of Industry and Information Technology's (MIIT) Telecommunications Administration Bureau, said at the "New-Generation Broadband Mobile Communications Development Forum" in Beijing that as of the end of September, China is home to nearly 7 mln 3G subscribers. Read More...

Baidu Launches Two Mobile Products

Sina Tech, 11/25/09

Chinese internet company Baidu (Nasdaq: BIDU) convened a press conference today to announce two new mobile products: Zhangshang Baidu ("Baidu Palm") and its new Baidu mobile Chinese input method editor (IME). Read More...

China Cuts Fixed-Line Fees for First 3 Minutes 50%

Modern Express, 11/25/09

As per the revised regulations concerning local fixed-line tariffs recently jointly issued by China's Ministry of Industry and Information Technology (MIIT) and National Development and Reform Commission (NDRC), the three standard rates for the first three minutes of local fixed-line calls have each been lowered by 50%. Read More...