Marbridge Daily

<- May 18, 2011 ->

Featured Articles

Ku6 Lays Off 20% of Workforce

Sina Tech, 5/18/11

Shanda Interactive's (Nasdaq: SNDA) online video subsidiary, Ku6 (Nasdaq: KUTV), today announced that the company plans to reduce its total staff by approximately 20%, entirely from the sales department, over the next two weeks.   Read More...

Children's Book Publishers Condemn 360Buy Discounts

Chinaxwcb.com, 5/18/11

A consortium of 24 children's literature publishers, including China Youth and Children's Publishing House and Jieli Publishing House, have issued a joint statement criticizing Beijing-based B2C e-commerce platform 360Buy for selling their works below production costs.   Read More...

Qiyi Releases Premium Online Video Service

BiaNews, 5/18/11

Chinese internet company Baidu's (Nasdaq: BIDU) online video joint venture, Qiyi, recently introduced a premium membership service (vip.qiyi.com), subscribers to which gain access to films and documentaries for RMB 9.8 per month.   Read More...

MediaV Obtains USD 50 Mln in Third-Round Funding

Beijing Morning Post, 5/18/11

Shanghai-based online advertising firm MediaV announced that it has successfully obtained USD 50 mln in a third round of funding led by Quantum Strategic Partners and supported by GGV Capital and LightSpeed Venture Partners.   Read More...

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Rumor: Ku6 Sacks Two VPs

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