Marbridge Daily

<- February 24, 2012 ->

Featured Articles

Shanghai Court Rules iPad Sales May Continue for Now

Sohu IT, 2/24/12

The Shanghai Pudong New Area People's Court issued rulings yesterday in both Shenzhen-based display device manufacturer Proview Technology's suit seeking an injunction to block sales of the Apple iPad and in Apple's motion to suspend hearings.   Read More...

Wanda Group to Go Online

Southern Metropolitan News, 2/24/12

A well-placed source in the e-commerce industry claimed today that Dalian-based Wanda Group is hiring new staff in preparation for an entry into the e-commerce field.   Read More...

Taobao to Require Real Name Merchant Verification

Legal Evening News, 2/24/12

Hangzhou-based B2C and C2C e-commerce site Taobao.com has announced that new and existing merchants will be required to verify their real name credentials by June 30, 2012.   Read More...

Baidu, Singaporean Government Establish Joint Research Lab

Tencent Tech, 2/23/12

Chinese Internet search giant Baidu (Nasdaq: BIDU) and Singapore's Institute for Infocomm Research (I²R), a member of the Singapore government's Agency for Science, Technology, and Research (A*STAR), have agreed to set up a joint laboratory in Singapore where research and development will focus initially on underlying network technologies such as natural language processing of Southeast Asian Languages.   Read More...

MIIT: Operators' 2012 WLAN Capex to Exceed RMB 3 Bln

CCTime, 2/24/12

The Chinese Ministry of Industry and Information Technology's (MIIT) Department of Industrial Policies recently estimated that China's three telecom operators will invest a combined total of over RMB 3 bln in WLAN equipment in 2012.   Read More...

 

Wireless

China's 3G User Base to Reach 200 Mln by 2012

C114, 2/23/12

Wang Zhiqin, head of the Communications Standard Research Institute at the Chinese Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunication Research (CATR), recently disclosed that China's 3G user base is expected to reach 200 mln in 2012, accounting for 20% of total mobile users, with 2G comprising the remaining 80%.   Read More...

China Ships Over 200 Mln 3G Terminals in 2011

C114, 2/24/12

Wang Zhiqin, director of the Telecommunications Standards Research Institute at the Chinese Ministry of Industry and Information Technology's (MIIT) China Academy of Telecommunication Research (CATR), said recently that China had shipped more than 200 mln 3G terminals in 2011, more than in 2009 and 2010 combined.   Read More...

Rumor: iPhone 5 to Pre-Install Tmall, 360Buy

Ebrun, 2/24/12

Industry sources have revealed that Alibaba Group's B2C e-commerce site Tmall and Beijing-based B2C e-commerce platform 360Buy have entered into an agreement with Apple to include their B2C applications on the iPhone 5, tentatively grouped under the name the Product Store.   Read More...

China's Mobile Reading Market Flat in Q4 2011

UC Mobile Confirms Exploit in UCWeb iPhone Client

National Business Daily, 2/23/12

Yu Yongfu, chairman and CEO of Chinese mobile browser maker UC Mobile, posted a microblog update yesterday confirming recent reports that a hacker had exposed a major security hole in the company's UCWeb browser for iOS.   Read More...

China Construction Bank, UMPay Partner on SMS Remittance

 

Internet

eLong Q4 2011 Profit Up 258% YoY

PR Newswire Asia, 2/24/12

Chinese online travel service provider eLong (Nasdaq: LONG) today reported unaudited financial results for the fourth quarter and full year ended December 31, 2011.   Read More...

eLong CEO Enjoins Baidu to Maintain Fair Rankings

Sina Tech, 2/24/12

At an annual financial report meeting today, Cui Guangfu, CEO of Chinese online travel service provider eLong (Nasdaq: LONG), noted search company Baidu's (Nasdaq: BIDU) investment in online travel platform Qunar and expressed the hope that Baidu would "restrain itself" and become a fair platform.   Read More...

Ctrip Breaks Ground on West China HQ in Chengdu

West China Metropolis Daily, 2/24/12

Chinese online travel service provider Ctrip (Nasdaq: CTRP) has broken ground on a RMB 300 mln western China headquarters in the Chengdu Hi-Tech Industrial Development Zone.   Read More...

Sina Microblog Targets 1 Mln Enterprise Users in 2012

Sina Tech, 2/23/12

In a keynote speech yesterday at the CommonWealth Economic Forum in Taipei, Charles Chao, CEO and president of Chinese internet company Sina (Nasdaq: SINA), said that social networks continue to grow in importance as sales channels, and that Sina's target for 2012 is to raise the number of corporate users of its Weibo microblogging platform from the current figure of 100,000 to at least 1 mln.   Read More...

51job Q4 2011 Profit Up 70% YoY

PR Newswire Asia, 2/24/12

Chinese online recruitment site 51job (Nasdaq: JOBS) announced today unaudited financial results for the fourth quarter and full year ended December 31, 2011, with net revenue for the fourth quarter up 22.6% YoY to RMB 369.8 mln (USD 58.8 mln), within 51job's guidance range of RMB 360 mln to RMB 370 mln.   Read More...

Dangdang Records Q4 2011 Loss of RMB 130 Mln

Dangdang, 2/23/12

Chinese B2C e-commerce site Dangdang (NYSE: DANG) today announced its unaudited financial reports for the fourth quarter and full year ended December 31, 2011, with total net revenue for the quarter up 73% YoY to RMB 1.23 bln (USD 195.7 mln).   Read More...

Dangdang to Expand Open Platform Partnerships

DoNews, 2/24/12

During Chinese B2C e-commerce site Dangdang's (NYSE: DANG) recent Q4 2011 earnings call, chairwoman Peggy Yu did not deny rumors of cooperation with home appliance and consumer electronics retailer Gome (0493.HK), adding that in 2012 Dangdang will launch Shangye Jie ("Commerce Street") to enrich Dangdang's product offerings.   Read More...

VCotton Faces Millions of RMB in Ad Debts

Beijing Business Today, 2/24/12

Chinese B2C e-commerce sock retailer VCotton is several million RMB in debt after overspending on its last advertising campaign, according to an industry insider.   Read More...

Meituan Aims to Be China's 3rd Largest E-Commerce Site in 2012

Xinhuanet, 2/24/12

Wang Huiwen, VP of Chinese group buy site Meituan, has revealed that as the shape of the group buy industry becomes clearer, Meituan aims to become China's third-largest e-commerce site by the end of 2012.   Read More...

Online Rebate Site 51Fanli Registered Users Exceed 6 Mln

Sohu IT, 2/24/12

Chinese online rebate and consumer directory website 51Fanli.com has reached over 6 mln registered users, gaining 1.5 mln in two months since it reaching 4.5 mln in December 2011, five years after it launched in 2006.   Read More...

Rumor: Jiayuan Wireless Manager Resigns to Join Soufun

DoNews, 2/24/12

According to an industry source, Liu Zhijue, general manager of wireless for Beijing-based online matchmaking site operator Jiayuan.com (Nasdaq: DATE), has resigned from her post and joined online real estate site Soufun as GM of its wireless department.   Read More...

Netease iTown Platform Offers 80% Revenue Share

Guangzhou Daily, 2/24/12

Chinese internet company Netease (Nasdaq: NTES) recently launched iTown, an open game development platform.   Read More...

17173 Releases 'Most Anticipated Games' Ranking

17173.com, 2/24/12

Chinese online gaming portal 17173 has released its "Most Anticipated Games" ranking for the week ending February 24, 2012, with ranking determined by votes cast online by players.   Read More...

Shanda Games to Begin CB of FPS

17173.com, 2/24/12

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive, has announced that it will begin closed beta testing of its self-developed first-person shooter (FPS) Rapid Fire on March 9.   Read More...

Xunlei to Release New Expansion Pack for FPS

17173.com, 2/24/12

Guangdong-based online game operator Xunlei has announced that it will release a new expansion pack for its self-developed first-person shooter (FPS) Final Combat on February 24.   Read More...

Heaven Releases New Expansion Pack for MMO

17173.com, 2/24/12

Shenzhen-based online game developer and operator Heaven Network Technology (previously known as Shenzhen Yi Tong Da) has announced that it released a new expansion pack for its licensed 3D MMORPG Tian Jing on February 17, titled "Rongyao Zhi Guang."   Read More...

Yingjia Shiji to Begin Initial CB of MMO

17173.com, 2/24/12

Shenzhen-based online game developer and operator Yingjia Shiji Network Technology has announced that it will begin initial closed beta testing of its new self-developed fantasy MMORPG The Source in Q1 2012.   Read More...

Lanhai Shikong to Begin CB of MMO

17173.com, 2/24/12

Chengdu-based online game developer and operator Lanhai Shikong Technology has announced that it will begin closed beta testing of its self-developed 3D fantasy MMORPG Xin Xi You Ji on March 2.   Read More...

Yi Jian to to Extend CB of MMO

17173.com, 2/24/12

Shanghai-based online game developer and operator Yi Jian Information Technology has announced that it will extend closed beta testing of its licensed 2.5D MMORPG Xian Men, but has not yet released a specific date to which the closed beta will be extended.   Read More...

 

Television

China's Internet TV Market to Reach USD 1.4 Bln by 2016

TechWeb, 2/24/12

China's internet TV market revenue is expected to grow from USD 50 mln in 2010 to USD 1.38 bln in 2016, with users exceeding 100 mln, according to UK-based Digital TV Research.   Read More...

SARFT to Drive CBC, China Mobile, CCTV to Cooperate on CMMB

CCTime, 2/24/12

Zeng Qingjun, deputy director of the Chinese State Administration of Radio, Film and Television's (SARFT) Department of Science and Technology, recently announced that SARFT will continue to encourage mobile phone TV operator China Broadcasting Corporation (CBC), China Mobile (NYSE: CHL; 0941.HK), and national TV operator China Central Television (CCTV) to cooperate on building and optimizing China's CMMB-based mobile TV network.   Read More...

Sumavision Wins Inner Mongolia CMMB Supply Contract

Sumavision PR, 2/23/12

Beijing-based digital video and IPTV system provider Sumavision (300079.SZ) recently won supply contracts to provide CMMB head-end and transmission equipment for the Inner Mongolia subsidiary of national CMMB mobile phone TV operator China Broadcasting Corporation (CBC).   Read More...

CCTV to Adopt Panasonic Equipment in 2012 Olympics

People.com.cn, 2/23/12

China's national broadcaster China Central Television (CCTV) and Panasonic held a signing ceremony in Beijing yesterday to mark an agreement under which Panasonic will provide 3D broadcast technology and equipment support for CCTV's coverage of the 2012 Olympic Games.   Read More...

 

Hardware & Software

Proview Sues Apple in US

Sina Tech, 2/24/12

Shenzhen-based display device manufacturer Proview Technology, a subsidiary of Proview International Holdings (0334.HK), has initiated legal proceedings against Apple in the United States.   Read More...

HP, Dell Concerned Over China's Rising Labor Costs

Tencent Tech, 2/23/12

HP and Dell both said yesterday that China's rising labor costs are being closely monitored.   Read More...

360Buy Releases Smart TV App

DoNews, 2/24/12

Beijing-based B2C e-commerce platform 360Buy today announced its launch of a client for smart TV sets through which users will be able to browse and purchase products from the platform.   Read More...

City of Zhenjiang Taps IBM for Smart City Solutions

IBM PR, 2/24/12

IBM and the city of Zhenjiang, Jiangsu Province have announced that IBM is helping to change the city's public transportation system.   Read More...

China Shipping Network 2011 Profit Up 17% YoY

CNInfo.com.cn, 2/24/12

Shanghai-based transportation systems development and integration provider China Shipping Network Technology (002401.SZ) released its annual performance report for 2011 today, showing operating revenues of RMB 486.2 mln for the year, up 11.16% YoY over 2010, and net shareholder profits of RMB 42.1 mln, up 16.91% YoY.   Read More...

 
Drop Shadow