Marbridge Daily

<- June 02, 2010 ->

Featured Articles

Shanda Games Q1 2010 Profit Up 7% YoY

Shanda Games, 6/01/10

Chinese game developer and operator Shanda Games (Nasdaq: GAME) today announced its unaudited consolidated financial results for the first quarter ended March 31, 2010.   Read More...

China to Begin E-Commerce Real Name Regulation July 1

China News, 6/01/10

According to China's State Administration for Industry and Commerce (SAIC) official website, SAIC will implement the "Provisional Regulations on the Management of E-Commerce and Related Services" on July 1.   Read More...

Internet

Expedia Increases Stake in eLong

Sina Tech, 6/02/10

American online travel services provider Expedia has increased its stake in Chinese online travel service provider eLong (Nasdaq: LONG) to 16.9%.   Read More...

Rumor: ConnGame to Purchase Stake in The9

DoNews, 6/02/10

Shanghai-based online game developer ConnGame, a subsidiary of New Huadu Industrial Group, will reportedly purchase a major stake in Chinese online game operator The9 (Nasdaq: NCTY) the day after The9 releases its Q1 2010 fiscal report as part of ConnGame's plans to list on the Nasdaq stock exchange.   Read More...

Taobao, Yahoo Japan Launch E-Commerce Platforms

Sina Tech, 6/02/10

Chinese B2C and C2C e-commerce site Taobao and Yahoo Japan simultaneously launched their new jointly developed e-commerce platforms yesterday - Taojapan.com, aimed at Chinese shoppers, and Chinamall.yahoo.co.jp, aimed at Japanese shoppers.   Read More...

China Telecom's Best Tone Directory Launches Shopping Site

Sina Tech, 6/01/10

China Telecom (NYSE: CHA; 0728.HK) officially launched its BestGo shopping site (http://bestgo.js118114.com) on May 28.   Read More...

Okaybuy to Begin Second-Round Funding

Netease Tech, 6/02/10

Chairman Lu Ming has revealed that Beijing-based apparel e-commerce firm Okaybuy is undertaking a second round of funding to be completed in one or two months.   Read More...

Shanda Q1 2010 Profit Down 36% YoY

Shanda IR, 6/01/10

Chinese interactive entertainment media company Shanda Interactive Entertainment (Nasdaq: SNDA) has announced its unaudited consolidated financial results for the first quarter ended March 31, 2010.   Read More...

Shanda Games: 18 Capital Funds Over RMB 650 Mln

GameLook, 6/01/10

Joe Zuo, VP of Chinese online game developer and operator Shanda Games (Nasdaq: GAME) and partner of its "18 Capital" incubation plan, recently disclosed that Shanda's 18 Capital Fund has invested over RMB 650 mln in 40 projects and companies, and that 18 Capital-funded games will be released worldwide in the future.   Read More...

Rumor: Shanda Begins Testing Experimental Microblog

Tencent Tech, 6/01/10

An industry source has revealed that Chinese online entertainment company Shanda Interactive (Nasdaq: SNDA) is conducting internal beta testing of a new interactive entertainment product, "Tangguo" (meaning "Candy") (t.sdo.com), which will consolidate Shanda's various interactive entertainment resources in one location, and is expected to launch in half a year's time.   Read More...

Shanda Initiates USD 200 Mln Share Repurchase Plan

Shanda IR, 6/01/10

Chinese digital entertainment and online literature company Shanda Interactive (Nasdaq: SNDA) today announced that its Board of Directors has approved a share repurchase program.   Read More...

ChinaEdu Announces Share Repurchase Program

PRNewswire-Asia, 6/01/10

Chinese education services provider ChinaEdu (Nasdaq: CEDU) has announced that its board of directors has approved a share repurchase program, to repurchase up to USD 3 mln of ChinaEdu's outstanding American Depositary Shares (ADSs).   Read More...

CRIC Teams with Real Estate Associations on New Service

PRNewswire-Asia, 6/01/10

Chinese online real estate service provider China Real Estate Information Corporation (Nasdaq: CRIC) has announced that it has reached a framework agreement with the China Real Estate Research Association ("CRERA") and the China Real Estate Association ("CREA") to form an exclusive cooperation to provide evaluations, rankings, indexes, ratings and related services for China's real estate industry.   Read More...

Netsun Teams with Banks on SME Fundraising Product

Zhejiang Daily, 6/02/10

On June 1, Chinese B2B e-commerce solutions provider Netsun Toocle (002095.SZ) announced the launch of GoldTrust.cn, a new online fundraising services product aimed at small- to mid-sized enterprises.   Read More...

Rumor: Dreamwork Net to IPO in 2011

Sina Games, 6/02/10

Chengdu-based online game developer and operator Dreamwork Net has reportedly resolved to IPO next year, according to an industry source.   Read More...

Rumor: Baidu Chief Architect Joins Tianya

Beareyes.com, 6/02/10

Wu Xuejun, former chief architect at Chinese internet company Baidu (Nasdaq: BIDU), has reportedly resigned to join online community site Tianya as VP of technology.   Read More...

Rumor: DKMGame to Purchase Former The9 R&D Firm

17173.com, 6/02/10

Pi Dafu, CEO of Chengdu-based game developer DKMGame, has reportedly resolved to acquire Wangrun Science & Technology, which previously developed a 2.5D MMORPG for Chinese game operator The9 (Nasdaq: NCTY).   Read More...

Shenzhen Baiyouhui to Begin OB of MMO Expansion Pack

17173.com, 6/01/10

Shenzhen-based online game developer and operator Baiyouhui Network Technology has announced that it will begin open beta testing of the first expansion pack for its licensed MMORPG Lian Yu on June 13, titled "Jue Wang Zhi Cheng," with new monsters, maps and play modes.   Read More...

SkyUnion Digital to Begin Fourth-Round CB of MMO

Ifeng.com, 6/01/10

Fuzhou-based online game developer and operator SkyUnion Digital has announced that it will begin fourth-round closed beta testing of its self-developed 3D side-scrolling MMORPG Mengxiang Dao on June 9.   Read More...

Shanda to Open New Server for MMO

Tencent Games, 6/02/10

Online game developer and operator Shanda Games (Nasdaq: GAME) has announced it will open a new server for its co-operated MMORPG, JX Online World, on June 2.   Read More...

T2CN to Release New Version of MMO

People.com.cn, 6/02/10

Shanghai-based online game developer and operator T2CN has announced that it will release a new version of its self-developed 3D martial arts MMORPG, Xiake Liezhuan, on June 4, with a new system and player kill mode.   Read More...

Hug Entertainment to Begin Technical Test of MMO

Tencent Games, 6/02/10

Shanghai-based online game developer and operator Hug Entertainment has announced that it will begin technical testing of its licensed 3D MMORPG Wulin Zhizun Online on June 2.   Read More...

 
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