Featured Articles

Rumor: Huawei to Raise USD 1.5 Bln

Securities Daily, 5/23/11

According to multiple industry sources, Chinese telecom equipment and terminal manufacturer Huawei will raise USD 1.5 bln in new financing, with approximately 10 banks competing to participate.   Read More...

Rumor: 55Tuan Obtains USD 200 Mln in Funding

Sina Tech, 5/23/11

According to an industry source, Chinese group buy site 55Tuan has completed a new round of funding worth USD 200 mln from Goldman Sachs.   Read More...

Dangdang Q1 2011 Profit Up 204% YoY

PR Newswire Asia, 5/20/11

Chinese B2C e-commerce site Dangdang (NYSE: DANG) today announced its unaudited financial reports for the first quarter ended March 31, 2011.   Read More...

La Miu Completes USD 20 Mln in Second-Round Funding

Wabei, 5/20/11

Chinese lingerie e-commerce site La Miu recently announced that it has finished securing USD 20 mln in second-round funding, led by Silicon Vally-based VC firm DCM.   Read More...

Phoenix New Media Launches New Online Video Strategy

PR Newswire Asia, 5/20/11

Wireless and TV new media company Phoenix New Media (PNM) (NYSE: FENG), a subsidiary of Phoenix TV (2008.HK), held its first video strategy press conference in Beijing on May 18.   Read More...

Three Dead in Foxconn iPad 2 Plant Explosion

JRJ Finance, 5/23/11

An explosion occurred at a polishing workshop in Taiwanese electronics manufacturer Foxconn's (2038.HK; 2354.TW) Chengdu production facility on May 20, leaving three people dead and 16 more injured, two of whom were seriously wounded.   Read More...

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