Marbridge Daily

<- May 31, 2010 ->

Featured Articles

ConnGame to List on Nasdaq

Netease Tech, 5/31/10

Tang Jun, CEO of the New Huadu Industrial Group, said at the 2010 China Webmaster Conference in Beijing this weekend that ConnGame, the Shanghai-based online game developer in which he has invested, will list on the Nasdaq within the next three months.   Read More...

China's Gaming Parental Supervision Program Exits Trial

Wabei, 5/30/10

China's Ministry of Culture has announced that all remaining online gaming companies that have not yet joined on to its parental supervision program for minors will be inducted into the program beginning June 1, with full industry coverage expected by year-end.   Read More...

Liba to Transform into Construction Material B2C

Netease Tech, 5/31/10

Chinese home-decoration and wedding e-commerce site Liba has begun its move into sales of construction materials, transforming itself from a platform for B2C e-commerce to a B2C vendor.   Read More...

DCCI, Comsenz Issue China SNS Report

DCCI, 5/31/10

The Data Center of the China Internet (DCCI) and Chinese social platform and service provider Comsenz have jointly released the 2010 China Social Network Service Report.   Read More...

Ganji Wins USD 20 Mln Led by Nokia Growth Partners

Sohu IT, 5/31/10

Chinese online classifieds site Ganji has announced the completion of nearly USD 20 mln in funding, in a round led by Nokia Growth Partners and previous Ganji investor BlueRun Ventures.   Read More...

Internet

Baidu Union 2009 Revenue Share Tops RMB 700 Mln

Netease Tech, 5/29/10

Chu Dachen, general manager of Baidu Union, the online advertising network of Chinese Internet company Baidu (Nasdaq: BIDU), revealed at the 2010 Fifth Annual Chinese Webmaster Conference held in Beijing on May 29 that Baidu Union had over 300,000 advertising clients in 2009 and distributed over RMB 700 mln in ad revenue share to its partners.   Read More...

58.com Confirms Group Buying Platform

Tencent Tech, 5/28/10

Yao Jinbo, CEO of Chinese online classifieds site 58.com, recently said that 58.com will launch its group purchasing platform in nearly 20 cities nationwide in early June, offering multiple products in various districts of each city.   Read More...

CBSi China Considers SNS Acquisition

Netease Tech, 5/31/10

Liu Xiaodong, senior VP and GM for consumer groups at online media company CBS Interactive's (CBSi's) China subsidiary, revealed that the company could acquire a social networking site this year, and is also exploring opportunities in gaming and wireless services.   Read More...

Kaixin001 Breaks Even

Tencent Tech, 5/31/10

Hans Tung, a partner of Qiming Venture and investor in Chinese social networking site Kaixin001, has reported that Kaixin001 has broken even.   Read More...

Netease Denies Shutting IM

CNET, 5/28/10

On the evening of May 28, Chinese internet company Netease (Nasdaq: NTES) issued a statement denying rumors that it would close "Popo," its IM service, to the public.   Read More...

Youku Eyes Growth Potential in Chengdu

Chengdu Daily, 5/31/10

Editor-in-chief Zhu Xiangyang and Southwest China branch general manager Lei Di of Chinese video site Youku recently disclosed that due to the future potential of the online video market in the Chengdu area, Youku headquarters is considering opening a Chengdu-specific channel.   Read More...

Bank of China Issues 500,000 Taobao Credit Cards

Sina Tech, 5/31/10

According to figures from the Bank of China (BoC) and Chinese third-party payment service AliPay, some 500,000 credit cards featuring joint branding from the Bank of China and AliPay sister company, B2C and C2C platform Taobao, have been issued over the past four to five months.   Read More...

4399.com Claims 20-30% Browser Game Market Share

Netease Tech, 5/31/10

Cai Wensheng, chairman of Chinese browser game site 4399.com, recently disclosed that 4399.com has captured 20%-30% of the browser gaming market.   Read More...

Shanda Games to Begin Initial Technical Test of MMO

People.com, 5/31/10

Online game developer and operator Shanda Games (Nasdaq: GAME) has announced that it will begin initial technical testing of its self-developed MMORPG Legend of Immortals in late June or early July.   Read More...

Tencent to Begin Initial CB of Browser Game

Tencent Games, 5/31/10

Online game developer and operator Tencent (0700.HK) has announced that it will begin initial closed beta testing of its licensed browser game Qi Xiong Zheng Ba on May 31.   Read More...

Kylin, Chinagames to Co-Operate MMO

Tencent Games, 5/31/10

Chinese online game developer Kylin has announced that it has signed a strategic partnership agreement with Chinagames.net, the online casual gaming subsidiary of China Telecom (NYSE: CHA; 0728.HK), to cooperate on joint operation of Kylin's "Chinggis Khan II" (Genghis Khan II) in the second half of this year.   Read More...

Yoyo to Begin CB of MMO

17173.com, 5/31/10

Online game developer and operator Shanghai Yoyo Software Technology has announced that it will begin closed beta testing of its licensed MMORPG Xenjo Journeys on May 31.   Read More...

Shanghai Yiwei to Begin CB of MMO

Tencent Games, 5/31/10

Shanghai-based online game developer and operator Yiwei Network, which operates the 9igame.com gaming platform, has announced that it will begin closed beta testing of its licensed turn-based MMORPG Star Legend on May 31.   Read More...

 
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