Marbridge Daily

<- November 15, 2011 ->

Featured Articles

Rumor: MIIT Preparing Response to Broadband Antitrust Probe

Dfdaily.com, 11/15/11

China's Ministry of Industry and Information Technology (MIIT) has convened a panel of experts and expects to have an official response in the next 1-2 weeks regarding the National Development and Reform Commission (NDRC) antitrust investigation of China Telecom (NYSE: CHA; 0728.HK) and China Unicom (NYSE: CHU; 0762.HK; 600050.SH), according to a source within MIIT.   Read More...

China Mobile Partners with Game Developer PopCap

TechWeb, 11/14/11

Liu Kun, mainland China GM of U.S. social game developer and operator PopCap, has announced a partnership with China Mobile (NYSE: CHL; 0941.HK).   Read More...

Sohu Merges User Accounts Across 6 Web Platforms

BiaNews, 11/15/11

Chinese internet firm Sohu (Nasdaq: SOHU) has announced that it will unify accounts for six of its products as of December 1.   Read More...

Changyou Licenses Korean MMO 'Grand Chase'

People.com.cn, 11/15/11

Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Sohu (Nasdaq: SOHU), has announced that it has licensed the mainland China operating rights to MMOACT (massively multiplayer online action game) Grand Chase from Korean online game developer KOG.   Read More...

LG to Bundle Kaixin001 App with Smart TVs

Nfdaily.cn, 11/15/11

Chinese SNS site Kaixin001.com partnered with LG recently to bundle the smart TV client for Kaixin001 with LG TV sets.   Read More...

Adobe Unveils Online Store in China

Sohu IT, 11/15/11

Adobe recently launched an online store (shop.adobe.com/cn) for the mainland China market featuring boxed products with Chinese-language descriptions and prices listed in RMB.   Read More...

 

Telecom

Huawei Wholly Acquires Huawei Symantec

Symantec, 11/14/11

Chinese telecom equipment and terminal manufacturer Huawei has announced it will acquire security and anti-virus software maker Symantec's 49% stake in the two companies' joint venture Huawei Symantec for USD 530 mln.   Read More...

21Vianet Q3 2011 Profit Reaches RMB 88 Mln

21Vianet PR, 11/14/11

Chinese Internet data center service provider 21ViaNet (Nasdaq: VNET) today announced its unaudited financial results for the third quarter of 2011, with net revenues up 114.8% to RMB 261.6 mln (USD 41.0 mln) from RMB 121.8 mln in Q3 2010, and up 13.6% sequentially from Q2 2011.   Read More...

 

Wireless

China Mobile 'GoTone Unity' Users Reach 21 Mln

Sohu IT, 11/15/11

China Mobile (NYSE: CHL; 0941.HK) said today that following its May 17 introduction of its new 'GoTone Unity' data and voice calling plans, total subscribers to the new plans grew to more than 21.2 mln as of November 12, adding that the lowered fees continue to attract more than 117,000 new subscribers each day.   Read More...

Guangdong Unicom Launches Mobile Phonebook App

CCTIME, 11/15/11

Guangdong Unicom recently released Yunque ("Skylark"), a cloud-enabled phonebook application for the iOS and Android platforms.   Read More...

MIIT Issues 493 Network Access Permits in Late Oct

CCTIME, 11/14/11

In the second half of October, China's Ministry of Industry and Information Technology (MIIT) issued a total of 483 network access permits, including 17 for CDMA2000 EV-DO/GSM handsets, 25 for CDMA2000 EV-DO handsets, 41 for TD-SCDMA/GSM dual-mode handsets and 46 for WCDMA handsets.   Read More...

Sky-Mobi Q2 FY2012 Profit Reaches RMB 7 Mln

Sky-Mobi, 11/14/11

Hangzhou-based mobile software platform developer Sky-Mobi (Nasdaq: MOBI) today announced its unaudited financial results for the fiscal second quarter ended September 30, 2011 (Q2 FY2012).   Read More...

Baidu Releases iOS Client for Baidu Post Bar

CCID, 11/15/11

Chinese internet giant Baidu (Nasdaq: BIDU) has released an iOS client for its Baidu Post Bar forums, allowing users to browse discussion threads, receive instant updates, post content, and interact with other users in real-time.   Read More...

Netease Launches Casual Mobile Game for Android

Netease Tech, 11/15/11

At a joint press conference with Android app store AppChina today, internet company Netease (Nasdaq: NTES) announced Fanshu Dazuozhan, a casual game for the Android platform.   Read More...

ZTE Pre-Installs Mobile SNS App on Handsets

PR-USA, 11/14/11

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) has signed an agreement to pre-install US-based mobile software developer Vringo's Facetones mobile application on its Android handsets.   Read More...

Trunkbow Q3 2011 Profit Up 58% YoY

PR Newswire Asia, 11/14/11

Beijing-based wireless value-added services (WVAS) and mobile application provider Trunkbow International (Nasdaq: TBOW) today announced financial results for its third quarter ended September 30, 2011.   Read More...

GrenTech Receives "Going Private" Proposal

PR Newswire Asia, 11/14/11

Chinese wireless solutions provider GrenTech (Nasdaq: GRRF) today announced that its board of directors has received a proposal letter dated November 12, 2011 from its chairman and CEO Gao Yingjie to acquire all of the outstanding shares of GrenTech not currently owned by Gao, certain members of the management and their affiliates in a going private transaction for USD 3.10 per American Depositary share ("ADS", each ADS representing 25 ordinary shares) in cash, subject to certain conditions.   Read More...

SinoHub Q3 2011 Profit Down 57% YoY

PR Newswire, 11/14/11

Shenzhen-based mobile device component supply chain management (SCM) service provider SinoHub (NYSE Amex: SIHI) today announced its unaudited financial results for the third quarter ended September 30, 2011.   Read More...

 

Internet

Tudou Q3 2011 Profit Exceeds USD 8 Mln

PR Newswire Asia, 11/15/11

Chinese online video site operator Tudou (Nasdaq: TUDO) today announced its unaudited financial results for the third quarter of 2011.   Read More...

Ku6 Q3 2011 Loss Reaches USD 13 Mln

PR Newswire Asia, 11/14/11

Shanda Interactive's (Nasdaq: SNDA) online video subsidiary Ku6 (Nasdaq: KUTV) today announced its unaudited financial results for the third quarter ended September 30, 2011.   Read More...

Shanda Selects Advisors for Chairman's Buyout Proposal

SEC, 11/14/11

The special committee of the board of directors formed by Chinese online media and game operator Shanda Interactive (Nasdaq: SNDA) to consider chairman and CEO Chen Tianqiao's proposal to acquire all outstanding shares has appointed Bank of America Merill Lynch as its financial advisor, Weil, Gotshal & Manges LLP as its United States legal counsel and Maples and Calder as its Cayman Islands legal counsel to assist the Special Committee in its work.   Read More...

Baidu Post Bar Investigates Forum Moderator Bribery

DoNews, 11/14/11

Chinese internet giant Baidu (Nasdaq: BIDU) has reportedly rescinded a moderator's privileges on Baidu Post Bar after the individual was found to have accepted payment in return for deleting certain forum posts.   Read More...

eLong Q3 2011 Profit Up 718% YoY

PR Newswire Asia, 11/15/11

Chinese online travel service provider eLong (Nasdaq: LONG) today reported unaudited financial results for the third quarter ended September 30, 2011.   Read More...

China's Apparel E-Commerce Transactions Up 65% YoY

Netease Tech, 11/14/11

China's apparel e-commerce transaction volume grew 65.2% YoY and remained flat QoQ to reach RMB 44.05 bln in Q3 2011, according to Chinese market statistics firm Analysys.   Read More...

Apparel B2C E-commerce Firm AsOriginal.com Launches

Sina Tech, 11/15/11

AsOriginal.com, an original fashion site overseen by Chinese TV presenter Li Bin, recently began B2C sales online.   Read More...

B2C VIPShop Opens Chengdu Logistics Center

Qianlong, 11/15/11

After half a year of development, Chinese B2C brand-name discount site VIPShop.com opened its new Southwest China logistics center in Chengdu today.   Read More...

Qinqin Purchases New Domain Name for RMB 1 Mln

DoNews, 11/15/11

Chinese cosmetics group buy site operator Jining Qinqin Network Technology (Qinqin.net) has acquired the domain name Qinqin.com for RMB 1 mln.   Read More...

ChinaNet Q3 2011 Profit Down 73% YoY

ChinaNet, 11/15/11

Chinese online and TV advertising firm ChinaNet Online Holdings (Nasdaq: CNET) has announced its financial results for the three months ended September 30, 2011.   Read More...

Online Ticketing Site Lands RMB 10 Mln in Funding

Netease Tech, 11/15/11

Online ticketing B2C site Piaochong.com, operated by Zhongpiao Online (Beijing) Co,.   Read More...

Ambow Q3 2011 Profit Up 10% YoY

Ambow, 11/15/11

Chinese education service firm Ambow Education Group (NYSE: AMBO) today reported its unaudited financial results for the third quarter of 2011, with net revenues reaching USD 72.8 mln, up 42.6% year-over-year from USD 51.1 mln for the same period in 2010.   Read More...

Rumor: Renren May Spin Off Gaming Division in IPO

ChinaByte, 11/15/11

Beijing-based social networking site operator Renren (NYSE: RENN) reportedly could spin off its games division as an independent listed company.   Read More...

Perfect World to Release New Expansion Pack for MMO

People.com.cn, 11/15/11

Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will soon release a new expansion pack for its self-developed 3D MMORPG Perfect World, titled "Heiye Chuanshuo."   Read More...

Powerleader to Begin Unlimited CB of MMO

17173.com, 11/15/11

Shenzhen-based online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced that it will begin unlimited closed beta testing of its licensed 2.5D MMORPG Bing Wang on December 8.   Read More...

Powerleader to Release New Version of MMO

17173.com, 11/15/11

Shenzhen-based online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced that it will release a new version of its self-developed war-of-resistance themed MMORPG Liangjian (Bright Sword) on November 25.   Read More...

Wende Hudong Announces New MMO

17173.com, 11/15/11

Beijing-based online game operator Wende Hudong Information Technology has announced that it will soon release its new licensed 3D fantasy MMORPG Argo.   Read More...

Onwind to Begin Unlimited CB of MMO

People.com.cn, 11/15/11

Xiamen-based online game developer and operator Onwind Digital has announced that it will begin unlimited closed beta testing of its self-developed fantasy-themed 3D MMORPG Yongzhe Zhi Yi on November 21.   Read More...

 

Television

Suning, CMM Release Report on China's 2011 TV Set Market

Wldbs.net, 11/15/11

China's TV set demand will reach 43 mln units in 2012, with market size reaching RMB 180 bln, according to a report issued by Chinese consumer electronics and home appliances retailer Suning (002024.SZ) and Beijing-based market research firm China Market Monitor.   Read More...

Dayang Wins Zhejiang IPTV Platform Supply Contract

Dayang PR, 11/14/11

Broadcasting system management products provider Dayang Technology Development has won a supply contract to provide Zhejiang Guangdian New Media with an IPTV integrated broadcast and control platform.   Read More...

VisionChina Q3 2011 Loss Nearly USD 1 Mln

PR Newswire, 11/15/11

Chinese mass-transit digital advertising operator VisionChina Media (Nasdaq: VISN) today announced its unaudited financial results for the third quarter ended September 30, 2011.   Read More...

 

Hardware & Software

Intel Capital Invests in Two Mainland China Firms

Intel, 11/15/11

Intel Capital recently announced at 12th annual Intel Capital Global Summit in Huntington Beach, California that it is investing USD 40 mln in ten Asian companies, including two in mainland China.   Read More...

SAP to Invest USD 2 Bln in China by 2015

PRNewswire, 11/15/11

European management software provider SAP today announced plans to spend more than USD 2 bln through 2015 to grow its business in China.   Read More...

Rumor: Lenovo to Release Tegra 3 Tablet in 2011

Tencent Tech, 11/15/11

Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) reportedly plans to release a Tegra 3-based tablet by the end of this year, according to Engadget.   Read More...

HiSoft Q3 2011 Profit Down 8% YoY

PR Newswire Asia, 11/15/11

Chinese IT outsourcing firm HiSoft (Nasdaq: HSFT) today announced its unaudited financial results for the third quarter 2011 ended September 30, 2011.   Read More...

iSoftStone Q3 2011 Profit Rises 166% YoY

PR Newswire Asia, 11/14/11

Chinese IT outsourcing and consulting provider iSoftStone (NYSE: ISS) today reported its unaudited financial results for the third quarter 2011.   Read More...

Yucheng Appoints 3 New Directors

PR Newswire Asia, 11/14/11

Chinese banking IT solutions provider Yucheng Technologies (Nasdaq: YTEC) today announced it has added three new members, Li Yingjun, Chang Zhengong, and Jia Ning, to its board of directors.   Read More...

eFuture Q3 2011 Loss Reaches RMB 2.5 Mln

eFuture, 11/14/11

Beijing-based retail software solutions provider eFuture (Nasdaq: EFUT) today announced its unaudited financial results for the third quarter ended September 30, 2011.   Read More...

TransInfo Q3 2011 Profit Down 24% YoY

PR Newswire Asia, 11/14/11

Beijing-based intelligent transportation systems provider China TransInfo Technology (Nasdaq: CTFO) today reported its financial results for the third quarter ended September 30, 2011.   Read More...

Sgoco Sells Hong Kong Subsidiary Honesty Group

QuoteMedia, 11/15/11

Fujian-based LCD display manufacturer and distributor Sgoco Group (Nasdaq: SGOC) announced the sale of 100% of the shares of its Hong-Kong-based subsidiary Honesty Group Holdings to Apex Flourish Group, a BVI company, for USD 76 mln.   Read More...

 
Drop Shadow