Featured Articles

Renren Raises IPO Share Price

SEC, 4/29/11

Beijing-based social networking site operator Renren Inc., formerly Oak Pacific Interactive, has amended its IPO filing with the U.S. Securities and Exchange Commission to raise its initial share price range to between USD 12 and USD 14 per American Depositary Share (ADS).   Read More...

Rumor: Shanda's Cloudary to Raise USD 500 Mln in IPO

DoNews, 5/03/11

Chinese online media provider and game operator Shanda Interactive's (Nasdaq: SNDA) wholly owned online literature subsidiary, Cloudary Corporation (formerly known as Shanda Literature), reportedly plans to raise up to USD 500 mln in an initial public offering on a U.S. stock exchange in the second half of 2011.   Read More...

Lekutian Begins Online Book Sales

Tencent Tech, 5/03/11

Chinese online e-commerce site Lekutian.com, operated by Chinese internet company Baidu (Nasdaq: BIDU) and Japanese e-commerce retailer Rakuten, recently began offering books, with 20 bookstores opening storefronts on the platform.   Read More...

Rumor: E-Commerce Outsourcing Firm Xilang Receives USD Funding

Tencent Tech, 5/03/11

A source inside Hangzhou-based e-commerce services outsourcing provider Xilang Information Technology has revealed that the company recently obtained an eight-figure USD sum in new funding.   Read More...

35% of iOS Devices in China Are Jailbroken

Sohu IT, 5/03/11

According to recently released figures from mobile application analytics platform Umeng, one of Chinese venture capital firm Innovation Works' start-up firms, 34.6% of iOS devices in China are jailbroken.   Read More...

Suning Q1 2011 Profit Up 27% YoY

Shenzhen Stock Exchange, 4/30/11

Chinese electronics retailer Suning (002024.SZ) has released its financial results for the first quarter of 2011, with operating revenues reaching RMB 20.58 bln, up 23.2% YoY.   Read More...

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