Marbridge Daily

<- January 31, 2012 ->

Featured Articles

Baidu Games to Shift to Independent Operations Model

Sina Tech, 1/31/12

Wang Fei, general manager of Chinese internet company Baidu's (Nasdaq: BIDU) gaming division, has revealed that while Baidu has previously pursued a co-operation model for gaming, Baidu Games will shift to an independent game operations model in 2012.   Read More...

Giant to Build Employee Housing

China Business News, 1/31/12

Shi Yuzhu, CEO of Chinese online game developer and operator Giant Interactive (NYSE: GA), revealed today that Giant plans to purchase land in Shanghai's Songjiang district to build employee housing as a benefit measure.   Read More...

Internet

Sina Microblog Peak Number of Posts Outstrips Twitter

Sina Tech, 1/30/12

According to Times Magazine, on the first day of the Lunar New Year, Sina Weibo set a new record with a total of 481,207 tweets within the first minute of the New Year.   Read More...

Baidu Takes 31% Share of China's Q4 2011 Online Ad Market

Tencent Tech, 1/31/12

Chinese internet company Baidu (Nasdaq: BIDU) captured 30.5% of China's online advertising market in Q4 2011, followed by e-commerce conglomerate Alibaba Group with 17.4% and Google China with 6.5%, according to Chinese internet research firm Analysys.   Read More...

55Tuan: IPO Proceeding According to Plan

Sina Tech, 1/31/12

Chinese group buy site 55Tuan reported today that work on its IPO was proceeding according to plan, and that the company was currently waiting for a window of market opportunity.   Read More...

Ex-Oracle VP Joins 360Buy as CTO

DoNews, 1/31/12

Beijing-based B2C e-commerce platform 360Buy announced that Wang Yaqing, former VP of Quality for global enterprise software vendor Oracle, was recently appointed as 360Buy's new CTO.   Read More...

Acer Executive Denies Plan to Join 360Buy

Chongqing Economic Times, 1/31/12

Lan Ye, head of Taiwanese computer manufacturer Acer's (2353.TW) mainland China Key Accounts Department, has denied speculation that he recently joined Beijing-based B2C e-commerce platform 360Buy as the company's new CMO.   Read More...

Letao to Expand Workforce 20%

Beijing Times, 1/31/12

Online B2C retailer Letao has announced plans to hire over 100 people in 2012, representing at least a 20% increase to the size of its existing staff.   Read More...

China 2012 Browser Game User-Base to Increase 36%

17173.com, 1/31/12

A recent report from Beijing-based consulting firm Analysys predicts that the Chinese browser game market will grow to 75 mln users in 2012, up 36.4% YoY.   Read More...

Rumor: Dreamwork COO Resigns

DoNews, 1/31/12

An industry source has reported that Xu Yubing, COO of Chengdu-based online game developer and operator Dreamwork Net resigned recently, and will join with Chen Mo, producer of browser game Aojian, in a new browser game venture.   Read More...

Shanda Games to Begin CB of MMO

People.com.cn, 1/31/12

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive (Nasdaq: SNDA), has announced that it will begin closed beta testing of its self-developed MMORPG Chuanshi Wushuang in February.   Read More...

Shanda Games to Release New Version of MMO

Netease Games, 1/31/12

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 self-developed MMORPG Legend of Immortals, titled Xing Chen Zhi Ge.   Read More...

Powerleader Expects 2011 Net Profits Down 32%-38%

Shenzhen Stock Exchange, 1/31/12

In a public filing today, Shenzhen-based online game developer Powerleader Network Technology (a.k.a ZQGame) (300052.SZ) predicted 2011 revenues totaling between RMB 130 and 132 mln, up 63% to 66% from 2010's RMB 79.6 mln, with net profits for the listed company of RMB 22 mln to 24 mln, down 32% to 38% from 2010's RMB 35.52 mln.   Read More...

Lianyi to Release New Version of MMO

People.com.cn, 1/30/12

Beijing-based online game developer and operator Lianyi Interactive Network Technology has announced that it will release a new version of its first self-developed Chinese fantasy 3D MMORPG Shen Diao .   Read More...

 
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