Marbridge Daily

<- July 25, 2011 ->

Featured Articles

China's Telephone Users Up 2.5% QoQ in Q2 2011

MIIT, 7/25/11

New figures from China's Ministry of Industry and Information Technology (MIIT) indicate that at the end of Q2 2011 there were a total of 1.21 bln telephone users in China - up 2.54% QoQ - and that mobile phone use had grown fastest, with a total of 920 mln subscribers.   Read More...

China's H1 2011 Radio & TV Revenue Up 22% YoY

SARFT, 7/22/11

Revenue from China's radio and TV industry rose 22.2% YoY to RMB 101.97 bln in H1 2011.   Read More...

Business SNS Dajie Obtains USD Eight-Digit Funding

Tencent Tech, 7/25/11

Beijing Dajie Zhiyuan Information Technology, operator of professional SNS Dajie.com, announced today that it has obtained USD eight-digit venture capital funding from Fidelity Growth Partners Asia, Chinese education services provider New Oriental (NYSE: EDU), and Hotung Venture.   Read More...

Alipay Express Checkout Users Exceed 20 Mln

Sina Tech, 7/25/11

Chinese online payment platform Alipay announced today that its Express Checkout online payment-by-credit-card service now has more than 20 mln users and accounts for 36% of all transactions made through Alipay, an increase of nearly 6 percentage points since early June.   Read More...

Netease E-Mail Reaches 400 Mln Registered Users

Sina Tech, 7/25/11

According to the latest figures released by Chinese internet firm Netease (Nasdaq: NTES), Netease's e-mail services now have more than 400 mln registered users.   Read More...

Jiangsu Broadcasting, Jiangsu Telecom Partner on Mobile Video

DCBCN, 7/25/11

The Jiangsu Broadcasting Corporation and Jiangsu Telecom held a signing ceremony for their new 3G "E-Surfing Changjiang Mobile TV Station" on July 23.   Read More...

 

Telecom

Loyalty Alliance to IPO on Nasdaq

SEC, 7/22/11

Hong Kong-based Loyalty Alliance, which provides direct marketing services to China Unicom (NYSE: CHU; 0762.HK; 600050.SH) and China Telecom (NYSE: CHA; 0728.HK), plans to issue 5.03 mln American Depositary Shares (ADSs) on the Nasdaq Global Market priced between USD 14-16 per share under the ticker symbol "LAEC."   Read More...

ZTE Wins Mauritius Police Network Contract

ZTE, 7/22/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) has established a national security network for the Mauritius Police based on ZTE's GoTa (Global open Trunking architecture) professional digital trunking and location-based services to provide dispatch and emergency services support.   Read More...

ZTE Finance Subsidiary Commences Operations

ZTE, 7/25/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) today announced that it has established a group finance company, ZTE Group Finance Co. Ltd. (ZTEFC), representing a new chapter in the company's strategic collaboration with the banking system.   Read More...

 

Wireless

Huawei Device H1 2011 Sales Exceed RMB 7.5 Bln

Sina Tech, 7/25/11

Yang Xiaozhong, China region president of Chinese telecom equipment and terminal manufacturer Huawei's terminal subsidiary Huawei Device, said at a recent industry meeting that Huawei Device had seen sales of more than RMB 7.5 bln during H1, including sales of more than 5 mln smartphone handsets.   Read More...

Tencent Takes 58% Share of China's Q2 Mobile IM Users

The9, Eitarosoft to Co-Launch Mobile Dating Game in China

PRNewswire, 7/23/11

Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) and Japanese mobile game developer Eitarosoft have concluded a license agreement to jointly deploy a dating simulation mobile game aimed at female players, "Last Precious," in the Chinese market.   Read More...

 

Internet

Baidu Debuts "Baidu Connect" Open Log-In Platform

Netease Tech, 7/25/11

Chinese internet company Baidu (Nasdaq: BIDU) recently unveiled its new Baidu Connect open log-in platform (http://dev.baidu.com/connect/).   Read More...

Rumor: Baidu Pays Record Labels RMB 37 Mln in Licensing Fees

DoNews, 7/25/11

Chinese internet company Baidu (Nasdaq: BIDU) has paid approximately RMB 37 mln in music licensing fees to Universal Music, Warner Music Hong Kong and Sony BMG Music Entertainment Hong Kong, and will also split ad revenue from its online music services with the three labels.   Read More...

Hisap Launches B2C E-Commerce Mall

CCID, 7/22/11

Chinese IT products retail chain Hisap recently launched its own foray into the B2C e-commerce market, Huimai100.com.   Read More...

FTuan, VCotton Pair Up on Underwear Group Buy Deals

Tencent Tech, 7/25/11

Chinese group buy site FTuan recently partnered with Chinese fashion B2C e-commerce sock retailer VCotton to offer group buy deals on underwear.   Read More...

Former CNTV Technical Director Joins PPTV

Sina Tech, 7/25/11

Chinese P2P streaming video platform PPLive (PPTV) has confirmed that Steven Shan, former technical director of CNTV, CCTV International Networks national online TV station, as well as former head of CNTV's preparatory office, recently joined PPLive to serve as vice president and general manager of the company's terminals (e.g.   Read More...

China Education Alliance Acknowledges Unusual Market Activity

PR Newswire Asia, 7/23/11

Chinese online and on-site education provider China Education Alliance (NYSE: CEU) has acknowledged that it is aware of the unusual market activity in the company's stock today.   Read More...

Xunlei Releases Game Download Rankings

Xunlei, 7/25/11

Download accelerator software provider Xunlei has released its game client software download ranking for the week from July 18 to July 24.   Read More...

Sina Games Releases 'Most Anticipated Games' Ranking

Sina Games, 7/25/11

Chinese online gaming portal Sina Games has released its "Most Anticipated Games" ranking for the week ending July 25, 2011, with ranking determined by votes cast online by players.   Read More...

Shanda Games to Release New Version of MMO

17173.com, 7/25/11

Shanghai-based online game developer and operator Shanda Games (Nasdaq: GAME) has announced that it will soon release a new version of its self-developed MMORPG Legend of Immortals, titled "Wubian Haiyu," featuring new settings, monsters, and bosses.   Read More...

Snail Game to Begin OB of MMO

17173.com, 7/25/11

Online game developer and operator Snail Game has announced that it will begin open beta testing of its MMORPG The Chosen on August 8.   Read More...

Shanda to Release New Expansion Pack for Latale

People.com.cn, 7/22/11

Chinese online game developer and operator Shanda (Nasdaq: SNDA) has announced that it will release a new expansion pack for its self-developed MMORPG Latale on July 22, called "Xin Shijie (unofficial translation: The New World)," with new maps and occupations.   Read More...

Perfect World Licenses Game Development Rights from Sega

PR Newswire Asia, 7/25/11

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) today announced that, together with its controlled entity Beijing Perfect World Network Technology Co., Ltd., Perfect World has obtained a license from Sega Corporation to develop and operate an online game titled "Saint Seiya Online" in China.   Read More...

Giant to Begin Initial CB of MMO

17173.com, 7/25/11

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced that it will begin initial closed beta testing of its licensed 3D MMORPG Allods Online in mid-August.   Read More...

Giant to Begin CB of MMO

17173.com, 7/23/11

Chinese online game developer and operator Giant Interactive (NYSE: GA) has announced that it will begin closed beta testing of its licensed 3D MMORPG Elsword on July 26.   Read More...

The9 to Release New Version of MMO

17173.com, 7/25/11

Chinese online game developer and operator The9 (Nasdaq: NCTY) has announced that it will release a new version of its self-developed side-scrolling online fighting game World of Fighter this summer, titled "Woshen Zhi Chao," featuring new skills and equipment.   Read More...

Changyou to Open New Servers for MMO

17173.com, 7/23/11

Beijing-based online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Sohu (Nasdaq: SOHU), has announced that it will open six new servers for its self-developed 3D MMORPG The Duke of Mount Deer on July 23.   Read More...

Fantasy Age to Release New Expansion Pack for MMO

17173.com, 7/22/11

Beijing-based online game developer and operator Fantasy Age Network Technology has announced that it will release a new expansion pack for its self-developed Chinese fantasy MMORPG Xiyou Tianxia titled "San Da Baigujing" on August 11.   Read More...

 

Television

VisionChina Appoints New Director

PR Newswire Asia, 7/22/11

Chinese mass-transit digital advertising operator VisionChina Media (Nasdaq: VISN) today announced the appointment of Kit Leong Low, executive director and chief financial officer of Chinese digital media and Internet advertising operator Focus Media (Nasdaq: FMCN), to VisionChina Media's board of directors.   Read More...

 

Hardware & Software

MIIT: China's Jan-June 2011 IT Exports Up 16% YoY

MIIT, 7/25/11

China's Ministry of Industry and Information Technology (MIIT) has announced IT product export statistics for the first six months of 2011, with total national import/export value up 15.6% YoY to reach USD 525.4 bln.   Read More...

35 Companies Form Cloud Computing Alliance in Tianjin

HC360, 7/22/11

HP and Chinese internet giant Tencent (0700.HK) are among 35 high-tech sector companies which recently formed a cloud computing alliance based in the National Supercomputer Center, which also houses China's Tianhe-1A supercomputer, in Tianjin's Binhai New Area.   Read More...

Inspur Group Builds Cloud Computing Center in Jinan

DVB CN, 7/25/11

Chinese computing platforms and IT application solutions provider Inspur Group recently established its Jinan Cloud Computing Center in Jinan, Shandong province.   Read More...

YLMF CEO Resigns to Develop Online Storage Spin-Off

Tencent Tech, 7/25/11

Lai Linfeng, CEO of Dongguan-based operating system developer and Internet portal operator YLMF Computer Technology, has resigned to focus on developing a spin-off company, Guangdong 115 Technology Co., Ltd., which operates personal cloud storage service 115 Cloud Drive (u.115.com).   Read More...

CDC Receives Nasdaq Non-Compliance Letter

CDC Corporation, 7/22/11

Chinese global enterprise software and new media company CDC Corporation (Nasdaq: CHIND) announced today that it received a non-compliance notice from the NASDAQ Stock Market stating that the company was not in compliance with NASDAQ Listing Rule 5250(c)(1) because the company has not timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2010.   Read More...

CDC Software Receive Nasdaq Non-Compliance Letter

CDC Software, 7/22/11

Chinese enterprise software provider CDC Software (Nasdaq: CDCS) announced today that it received a non-compliance notice from the NASDAQ Stock Market stating that the company was not in compliance with NASDAQ Listing Rule 5250(c)(1) because the company has not timely filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2010.   Read More...

BCD Semiconductor Q2 2011 Profit Down 27% YoY

BCD Semiconductor, 7/25/11

Chinese analog semiconductor device manufacturer BCD Semiconductor (Nasdaq: BCDS) has announced its financial results for the second quarter of 2011.   Read More...

 
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