Marbridge Daily

<- May 23, 2011 ->

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...

 

Wireless

China Telecom Incorporates Qualcomm GPS Technology

CCID, 5/23/11

China Telecom (NYSE: CHA; 0728.HK) has adopted Qualcomm's gpsOne handset-embedded GPS chipset in its industry informatization services in conjunction with its MegaEyes video monitoring service and GIS location data services, for its "digital urban management" and "Baoxian eTong" insurance claims agent support services, among other applications.   Read More...

China Telecom, Motorola Release 3G Dual-Mode Smartphone

Motorola PR, 5/23/11

Global mobile device manufacturer Motorola Mobility and China Telecom (NYSE: CHA; 0728.HK) today announced the mainland China release of the MOTO XT882, an Android 2.3 (Gingerbread) CDMA EV-DO/GSM dual-mode, dual-standby smartphone.   Read More...

Beijing Telecom Launches Contactless Payment Service

Sina Tech, 5/28/11

Beijing Telecom recently released its E-Surfing public transport contactless payment service, allowing users to swipe their phone to ride Beijing's subway and public buses and to make purchases at participating stores.   Read More...

Comba Launches Distributed Antenna Solution for North American Market

Comba PR, 5/23/11

Chinese integrated wireless solutions and sub-systems provider Comba Telecom (2342.HK) today announced the launch of its next generation of distributed antenna system (DAS) solutions for the North America market.   Read More...

2 more Wireless articles available to premium subscribers.

 

Internet

People's Bank of China Formally Establishes Payment Association

China Economics, 5/23/11

Confirming earlier speculation, the Chinese Payment and Clearings Association (CPCA) formally announced its establishment today, but third-party payment licenses, which were expected to be issued today, failed to materialize.   Read More...

Vancl to Build Warehouses in 28 Cities Next Year

Tencent Tech, 5/23/11

Chinese B2C clothing website Vancl has stepped up its expansion into regional markets recently, and reportedly plans to build 28 regional warehouses around the country over the next year.   Read More...

Letao Places Video Ads on UUSee

Sina Tech, 5/20/11

Chinese online video company UUSee announced today a partnership with Letao to feature the B2C online shoe retailer's ads on the UUSee platform.   Read More...

Orange Hotel CEO Accuses Gaopeng of False Advertising

Chinaz.com, 5/21/11

Wu Hai, founder and CEO of Chinese hotel chain Orange Hotel, today accused Gaopeng.com, Groupon and Tencent's (0700.HK) group buy joint venture, of false advertising.   Read More...

Group Buy Search Engine Jutao Partners with 1,000 Sites

BiaNews, 5/21/11

Chinese group buy search engine Jutao.com has partnered with over 1,000 group buy sites.   Read More...

Letyo Denies Obtaining RMB 15 Mln Funding

CCID, 5/23/11

Chinese group buy navigation site Letyo.com issued a statement this afternoon dismissing earlier rumors that the company had received RMB 15 mln in investment from Matt Coffin, founder of U.S.-based online local daily deal site DailyD.   Read More...

TravelSky, Daodao Share Users' Hotel Reviews

Qianlong, 5/23/11

Chinese airline ticketing and aviation IT services provider TravelSky Technology (0696.HK), a subsidiary of state-owned enterprise China TravelSky Holdings, has signed a strategic cooperation agreement with Chinese travel services site Daodao.com under which TravelSky will show Daodao.com's information on hotels, especially users' reviews of hotels.   Read More...

Rumor: Shanda Games VP Joins Kunlun Wanwei

17173.com, 5/23/11

According to an employee of Beijing-based online game developer and operator Kunlun Wanwei, an internal memo sent out last week stated that Chen Haojian, a former vice president at Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has joined the company as a vice president of research and development.   Read More...

Xunlei Releases Game Download Rankings

Xunlei, 5/23/11

Download accelerator software provider Xunlei has released its game client software download ranking for the week from May 16 to May 22.   Read More...

Changyou to Begin CB of MMO

17173.com, 5/20/11

Shanghai-based online game developer and operator Ice Entertainment, a subsidiary of Sohu's (Nasdaq: SOHU) Changyou (Nasdaq: CYOU), has announced that it will soon begin closed beta testing of its self-developed 3D turn-based MMORPG Taoyuan.   Read More...

Kingsoft to Begin CB of FPS

17173.com, 5/23/11

Chinese online game developer and operator Kingsoft (3888.HK) has announced that it will begin closed beta testing of its self-developed first person shooter (FPS) game, Rush Team, on May 31.   Read More...

CDC Games to Release New Version of MMO

17173.com, 5/23/11

CDC Corporation's (Nasdaq: CHIND) online gaming subsidiary, CDC Games, has announced that it will soon release a new version of its licensed 3D MMORPG Yulgang titled "V6.0 - Rexue Shengzhan."   Read More...

Youlark to Begin Unlimited CB of MMO

17173.com, 5/23/11

Shanghai-based online game developer and operator Youlark Network Technology has announced that it will begin unlimited closed beta testing of its self-developed MMORPG Cangmang Shijie on June 10.   Read More...

Yetime to Begin Technical Testing of MMO

17173.com, 5/23/11

Shanghai-based online game developer and operator Yetime Network Technology has announced that it will begin technical testing of its licensed Q-style fantasy MMORPG Legend of the Ring (Mojie Chuanqi) on May 26.   Read More...

 

Television

Gehua Launches HD Downloadable Content Service

DVB CN, 5/23/11

Beijing-based cable and broadband operator Gehua CATV Network (600037.SH) recently launched its iHD content delivery service.   Read More...

 

Hardware & Software

Hasee to Release RMB 1,999 Tablet

Tencent Tech, 5/23/11

According to an industry source, Shenzhen-based computer manufacturer Hasee Computer will soon release an Android based tablet called the LiPad, priced at RMB 1,999.   Read More...

 
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