Marbridge Daily

<- January 12, 2012 ->

Featured Articles

Rumor: Youku Suffers String of Employee Resignations

ChinaVenture, 1/11/12

Chinese online video site Youku (NYSE: YOKU) has reportedly seen a recent spate of resignations, including employees who were with the company in its startup days.   Read More...

Tudou, Sohu, LeTV Block Youku's Video Search Engine

Tencent Tech, 1/12/12

Chinese online video site operator Tudou (Nasdaq: TUDO) has announced that it - along with Sohu (Nasdaq: SOHU), LeTV (Leshi) (300104.SZ), and other online video sites - have adopted technical measures to prevent rival Youku's (NYSE: YOKU) video search engine, Soku, from indexing content on their sites.   Read More...

Xunlei Prepares for Second IPO Attempt

DoNews, 1/12/12

Billy Wang, CMO of Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei, said today that the company had completed IPO preparations.   Read More...

China Telecom Becomes Topway's 2nd Largest Shareholder

Sohu IT, 1/12/12

Chinese cable TV operator Topway (002238.SZ) issued a public filing today announcing that former shareholder Shenda Telephone, a Shenzhen-based telephone maker, had sold the entirety of its 31.2 mln shares in Topway to China Telecom Corporation Limited (NYSE: CHA; 0728.HK).   Read More...

MIIT Investigates Telecom Operators' Construction Deals

Ce.cn, 1/12/12

China's Ministry of Industry and Information Technology's (MIIT) website has announced that it has launched investigations into engineering projects undertaken by China's three major telecom operators.   Read More...

 

Telecom

China Unicom to Upgrade Broadband Nationwide

Netease Tech, 1/12/12

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) recently announced that it will upgrade connection speeds for all urban broadband subscribers to 4 Mbps this year, with users in some areas standing to receive upgrades to between 10-20 Mbps.   Read More...

Beijing Telecom Offers Dedicated Lines for Enterprise

Netease Tech, 1/12/12

China Telecom's (NYSE: CHA; 0728.HK) Beijing branch, Beijing Telecom, has announced that it will provide a special dedicated Internet access line for enterprise users in the Beijing area.   Read More...

ZTE Deployed-Network in Bangladesh Reaches 200K Subscribers

ZTE, 1/12/12

Chinese telecom equipment and terminal manufacturer ZTE (0763.HK; 000063.SZ) today announced that the WiMax network it implemented in Bangladesh in cooperation with mobile operator Banglalion has reached 200,000 subscribers.   Read More...

 

Wireless

Update: China Mobile Adds 3 More TD-LTE Trial Cities

CCID, 1/12/12

Yang Hua, secretary-general of China's TD-SCDMA Industry Alliance, confirmed recently that China Mobile's (NYSE: CHL; 0941.HK) TD-LTE trials will be expanded to 10 cities in 2012.   Read More...

Brazil Considers Limiting Chinese Handset Imports

Netease Tech, 1/12/12

The Brazilian government recently began considering restricting the import of mobile phones from China, according to the Financial Times.   Read More...

Xiaomi Sells Over 300K Smartphones in 8.5 Hours

Sina Tech, 1/12/12

Beijing-based Android handset developer Xiaomi began a third day of public sales of its Android handsets yesterday, selling more than 300,000 handsets within 8.5 hours.   Read More...

Chaohu City Halts PHS Services

mediaxinan.com, 1/11/12

Following approval from both China's Ministry of Industry and Information Technology (MIIT) and the Hunan Province Telecommunications Network Restructuring Leading Group, Personal Handyphone System (PHS) services were officially halted in Chaohu, Hunan province yesterday.   Read More...

Tangram to Begin OB of Mobile MMORPG

Spforum.com, 1/12/12

Tangram Innovation, a Tianjin-based developer and publisher for mobile games and wireless entertainment, will begin open beta testing of its mobile strategy MMORPG Tieqi Online on January 16.   Read More...

 

Internet

Alibaba Denies Plan to Spin Off TMall for IPO

Securities Daily, 1/12/12

Chinese e-commerce conglomerate Alibaba Group denied an industry rumor today that the name change for Taobao Mall to TMall was intended to prepare the site to IPO independently, reiterating that Alibaba had no plans to spin off the property.   Read More...

China's 2011 SME B2B E-Commerce GMV Up 36% YoY

E-Commerce SNS Mogujie Lands USD 20 Mln in Funding

DoNews, 1/12/12

Li Yanzhu, founder of social e-commerce company Hangzhou Juan Gua Network (Mogujie.com), has announced the company has landed two rounds of funding totaling nearly USD 20 mln.   Read More...

China's 2011 Online Shopping GMV Grows 68% YoY

Rumor: Xiu.com Lays Off Staff, Closes Beijing Office

Sina Tech, 1/12/12

Fashion B2C Xiu.com has reportedly begun laying off staff, and transferred its Beijing branch office to its Shenzhen headquarters.   Read More...

Ad Agency Protests Outside 55Tuan Headquarters

Tencent Tech, 1/12/12

A number of employees of Beijing-based online and mobile advertising agency Emar Online Technology gathered outside the Beijing headquarters of group-buy site 55Tuan today, unfurling banners calling for 55Tuan to pay money it owes Emar.   Read More...

Letyo Launches Travel Channel

DoNews, 1/12/12

Chinese group buy directory Letyo.com recently launched a travel channel (letyo.com/channel/travel), which, at present, features 24,000 different group buy travel deals for 19 cities, and includes flight and hotel room search functionality.   Read More...

Alipay Launches Open Platform for Enterprise Payment

DoNews, 1/12/12

Chinese third-party payment processor Alipay today launched "Zhi Qi Zhi Lian," a new open enterprise payment solution, which will be available to software service developers to allow them to tie together and synchronize enterprise payments with information management.   Read More...

AsiaPay Launches Asia-Pacific Debit Payment Platform

PR Newswire Asia, 1/11/12

Internet and mobile payment services provider AsiaPay has launched a new debit payment platform for the Asia Pacific region called the "PayDollar Debit" payment service.   Read More...

Sohu Reveals 2012 Olympic Games Strategy

China Business Times, 1/12/12

Liu Chun, editor-in-chief of Chinese Internet portal Sohu (Nasdaq: SOHU), speaking recently at the Sohu World Marketing Conference in Beijing, revealed the company's strategy for the upcoming London 2012 Olympic Games.   Read More...

Hudong Suffers Content Spam Attack

Ccidnet.com, 1/12/12

Chinese wiki-based encyclopedia site Hudong has announced that on January 10 it suffered a malicious attack that added massive amounts of junk content into the site.   Read More...

ChinaEdu Appoints New CEO

PR Newswire Asia, 1/11/12

Chinese education services provider ChinaEdu (Nasdaq: CEDU) today announced that president and COO Shawn Ding will resign from his current roles to become the company's CEO, effective immediately.   Read More...

CGame Appeals Nasdaq Delisting

Beijing Times, 1/11/12

Steven Zhixin Xing, CEO of Shanghai-based online game developer and operator ConnGame, a subsidiary of China CGame (Nasdaq: CCGM), revealed yesterday that CGame filed an appeal with the Nasdaq Global Market before the January 11 deadline regarding its possible delisting.   Read More...

Tencent to Begin Initial CB of MMO

17173.com, 1/12/12

Chinese online game developer and operator Tencent (0700.HK) has announced that it will begin initial closed beta testing of its licensed 3D MMORPG Blade & Soul in April.   Read More...

Bazhuayu to Release New Version of MMO

17173.com, 1/12/12

Fuzhou-based online game developer and operator Bazhuayu Network Technology has announced that it will release a new version of its licensed 3D cartoon-style MMORPG Luna2 on January 12, titled "Keai Daduijue," with new maps and play modes.   Read More...

Xing Wu to Begin Second-Round CB of MMO

Sootoo.com, 1/12/12

Chengdu-based online game developer and operator Xing Wu Interactive Technology has announced that it will begin a second round of closed beta testing of its self-developed 3D fantasy MMORPG Rising on January 16.   Read More...

Langqi Game to Begin Elite Test of MMO

17173.com, 1/12/12

Guangzhou-based online game developer and operator Langqi Game has announced that it will begin elite testing of its self-developed turn-based MMORPG Xiyou III on January 13.   Read More...

 

Television

LeTV, CNTV Partner on Internet TV

Oriental Morning Post, 1/12/12

Chinese online video site LeTV (Leshi) (300104.SZ) has announced it has signed a one-year strategic framework agreement to cooperate with CCTV's national online TV station CNTV on Internet TV services.   Read More...

PPTV, Wasu Partner on Internet TV

Donews, 1/12/12

Chinese P2P streaming video platform PPLive (PPTV) and Hangzhou-based DTV, IPTV, and Internet TV operator Wasu Digital Television Media Group have announced a strategic partnership on new media development and applications as well as all-in-one and set-top box Internet TV devices at the 2012 Consumer Electronics Show (CES) in Las Vegas.   Read More...

SARFT to Limit Cinema Ticket Prices

Xinhuanet, 1/11/12

Tong Gang, head of the State Administration of Radio, Film and Television's (SARFT) Film Bureau, said on January 9 that the Film Bureau would introduce a set of recommended film ticket prices and price ceilings this year.   Read More...

CMMB Coverage Reaches Over 500 Mln People

China Business Times, 1/11/12

Mobile phone TV operator China Broadcasting Corporation (CBC) has deployed more than 2,200 high-power, single-frequency China Mobile Multimedia Broadcasting (CMMB) broadcast nodes providing 98.2% signal coverage in urban areas, reaching over 500 mln people in 336 cities and more than 850 counties.   Read More...

Skyworth VP: Chinese Firms Should Not Develop TV Operating Systems

The Beijing News, 1/12/12

Yang Dongwen, vice president of consumer electronics manufacturer Skyworth Digital Holdings (0751.HK), has stated that he believes Chinese enterprises do not currently have sufficient capability to develop TV operating systems, and should not waste resources trying to do so.   Read More...

Enlight Media Faces Allegations of IPO Fraud

Beijing Business Today, 1/11/12

Chen Rui, board member of Ruize Capital, has accused Chinese TV production company Beijing Enlight Media of publishing false information in its IPO prospectus in August 2011, namely alleging independent director Zha Yang holds a US passport.   Read More...

CCTV Launches CCTV Africa in Kenya

China Network Television, 1/12/12

CCTV has officially launched its CCTV Africa station, as well as its online TV station CNTV's "I Love Africa" mobile TV service, at a ceremony in Nairobi, Kenya.   Read More...

 
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