Marbridge Daily

<- November 22, 2011 ->

Internet

Rumor: Vancl Postpones IPO

Caixin, 11/22/11

Chinese B2C clothing website Vancl has reportedly postponed plans to IPO on a US stock exchange.   Read More...

Rumor: Merchants to Protest at Taobao Headquarters

DoNews, 11/22/11

The Anti-Taobao Coalition reportedly plans to protest outside B2C and C2C e-commerce company Taobao's headquarters in Hangzhou on November 23 and demand to speak directly with Jack Ma, chairman of Taobao parent company and e-commerce conglomerate Alibaba Group.   Read More...

360Buy Launches Luxury B2C 360Top.com

Sina Tech, 11/22/11

Beijing-based B2C e-commerce platform 360Buy has officially launched its luxury B2C site 360Top.com.   Read More...

Ex-Alibaba.com VP Joins Meituan as COO

Sina Tech, 11/22/11

Chinese group buy site Meituan announced today that Gan Jiawei, former VP of Chinese B2B e-commerce company Alibaba.com (1688.HK), has been appointed as the company's new COO.   Read More...

Nuomi Gross Profit Margin Drops to 10%

Sina Tech, 11/22/11

Shen Boyang, general manager of SNS Renren's (NYSE: RENN) group buy site, Nuomi.com, said today that Nuomi's profit margin currently sits at approximately 10%, down from a steady rate of around 15% at the time of Nuomi's launch in June 2010.   Read More...

Expedia Acquires Renren's Stake in eLong

PR Newswire Asia, 11/21/11

Expedia and Beijing-based social networking site operator Renren (NYSE: RENN) jointly announced today that Renren has sold its investment in Chinese online travel service provider eLong (Nasdaq: LONG) to Expedia for approximately USD 72.4 mln.   Read More...

Ctrip CEO Purchases USD 2 Mln in Shares

Ctrip, 11/22/11

Chinese online travel service provider Ctrip (Nasdaq: CTRP) today announced that president and CEO Fan Min used his personal funds to purchase an aggregate total of approximately USD 2 mln worth of the company's American Depositary Shares ("ADSs") in open market transactions.   Read More...

Baidu Ad Union Grows to 350,000 Websites

Beijing Times, 11/22/11

Wang Zhan, VP of sales at Chinese internet company Baidu (Nasdaq: BIDU), has revealed that on the tenth anniversary of Baidu's paid search advertising business, Baidu Ad Union has reached 350,000 partner websites, together offering 8 bln display ad opportunities daily.   Read More...

Phoenix New Media Q3 2011 Profit Nearly RMB 59 Mln

PR Newswire Asia, 11/22/11

Chinese wireless and TV new media company Phoenix New Media (PNM) (NYSE: FENG), a subsidiary of Phoenix TV (2008.HK), today announced its unaudited financial results for the third quarter ended September 30, 2011, with total revenues up 81.3% to RMB 270.8 mln (USD 42.5 mln) from RMB 149.4 mln in Q3 2010.   Read More...

Phoenix New Media to Double Ad Rates in 2012

Netease Tech, 11/22/11

During the Q3 2011 earnings call of Chinese wireless and TV new media company Phoenix New Media (PNM) (NYSE: FENG), a subsidiary of Phoenix TV (2008.HK), CEO Liu Shuang disclosed that the company will increase its online advertising prices to double that of average portal advertising rates in 2012.   Read More...

Qiyi Licenses Own Content to The Travel Channel

BiaNews, 11/22/11

Chinese internet company Baidu's (Nasdaq: BIDU) joint-venture online video site Qiyi announced recently that it would partner with Chinese cable TV channel The Travel Channel to broadcast Qiyi's self-produced web series "Zai Xian Ai" ("Online Love") starting December 4.   Read More...

PPTV Releases Korean TV Drama Channel

Tencent Tech, 11/22/11

Chinese P2P streaming video platform PPLive (PPTV) announced the launch of a new Korean soap opera channel in Beijing today.   Read More...

China Internet Cafe Holdings Q3 2011 Profit Up 42% YoY

China Internet Cafe Holdings, 11/21/11

Chinese internet cafe operator China Internet Cafe Holdings Group (CICC) (OTCBB: CICC) today announced its financial results for the third quarter ended September 30, 2011, with net revenue up 47% to USD 8.6 mln, compared to USD 5.8 mln in Q3 2010.   Read More...

ChinaEdu Q3 2011 Profit Down 49% YoY

PR Newswire Asia, 11/22/11

Chinese education services provider ChinaEdu (Nasdaq: CEDU) today announced its unaudited financial results for the third quarter and nine months ended September 30, 2011.   Read More...

Perfect World Q3 2011 Profit Down 33% YoY

PR Newswire Asia, 11/22/11

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) today announced its unaudited financial results for the third quarter ended September 30, 2011.   Read More...

Perfect World Announces Recent Developments

PR Newswire Asia, 11/22/11

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) today announced its recent business developments as of November 21, 2011.   Read More...

Perfect World to Open New Servers for MMO

17173.com, 11/22/11

Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will open two new servers for its self-developed 3D MMORPG Zhu Xian 2 on November 25.   Read More...

Perfect World to Open New Server for MMO

Sina Games, 11/21/11

Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will open a new server for its self-developed cartoon-style 3D MMORPG Legend of Martial Arts on November 25.   Read More...

Tencent Casual Game Hits 2 Mln PCU

Sina Games, 11/21/11

Chinese online game developer and operator Tencent (0700.HK) has announced that peak concurrent users (PCU) of its licensed 3D casual game QQ Dancer recently reached 2 mln.   Read More...

Tencent to Begin CB of MMO

17173.com, 11/22/11

Chinese online game developer and operator Tencent (0700.HK) has announced that it will begin closed beta testing of its self-developed 3D MMORPG Legend of Yulong on December 25.   Read More...

Shanda Games to Release New Version of MMO

17173.com, 11/22/11

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has announced that it will release a new version of its licensed 3D MMORPG Dragon Nest on November 24, tilted "Zaibian Qianye."   Read More...

Kingsoft to Open New Servers for MMO

17173.com, 11/22/11

Chinese online game developer and operator Kingsoft (3888.HK) has announced that it will open three new servers for its self-developed flagship MMORPG JX Online World on November 22.   Read More...

Powerleader to Release New Expansion Pack for MMO

17173.com, 11/22/11

Chinese online game developer and operator Powerleader Network (a.k.a ZQGame) (300052.SZ) has announced that it will release a new expansion pack for its new self-developed MMORPG Zhanguo Qunxiong in December.   Read More...

Guangyu to Release New Version of MMO

17173.com, 11/22/11

Beijing-based online game developer and operator Guangyu, a subsidiary of Coslight Technology International Group (1043.HK), has announced that it will soon release a new version of its licensed turn-based MMORPG Wendao Waizhuan with new bosses and play modes.   Read More...

HunanTV.com to Begin CB of MMO

People.com.cn, 11/21/11

Hunan Satellite TV's online game operator, HunanTV.com, has announced that it will begin closed beta testing of its licensed Three Kingdoms-themed 2.5D MMORPG Zhan Online on December 16.   Read More...

Frozen Peak Announces New MMO

17173.com, 11/22/11

Zhejiang-based online game developer and operator Frozen Peak has announced that it will soon release its new self-developed 3D fantasy MMORPG Lie Hun.   Read More...

CloudToad to Begin Initial CB of MMO

17173.com, 11/22/11

Shanghai-based online game developer CloudToad Network Technology has announced that it will begin initial closed beta testing of its self-developed 2.8D martial arts MMORPG Xiake Wushuang on November 30.   Read More...

Yi Jian to Begin New-Round Technical Test of MMO

17173.com, 11/21/11

Shanghai-based online game developer and operator Yi Jian Information Technology has announced that it will begin a new round of technical testing of its licensed 2.5D MMORPG Xian Men on November 24.   Read More...

China CGame Q3 2011 Net Loss Reaches 2.6 Mln

SEC, 11/22/11

Online game developer and operator China CGame (Nasdaq: CCGM), formerly known as China Architectural Engineering, has announced its unaudited Q3 2011 financial results with zero revenue excluding revenue from discontinued operations.   Read More...

 
Drop Shadow