Marbridge Daily

<- March 16, 2012 ->

Featured Articles

Sina Microblogging Users Ignore Real-Name Requirement

Marbridge Consulting, 3/16/12

While Chinese Internet firm Sina (Nasdaq: SINA) and other Beijing-based microblogging platform providers were supposed to have fully implemented real-name registration requirements today, by midday reportedly only 19 mln of Sina's over 300 mln microblogging account holders had complied.   Read More...

La Miu to Obtain USD 8-Digit Third-Round Funding

DoNews, 3/15/12

Hao Jianyao, co-founder and vice president of Chinese lingerie e-commerce site La Miu, has revealed that before the end of March the company will complete an 8-digit US dollar third round of funding.   Read More...

China Mobile to Add 30 Mln TD-SCDMA Subs in 2012

TechWeb, 3/16/12

China Mobile (NYSE: CHL; 0941.HK) CEO Li Yue recently said the company's goal for TD-SCDMA net user growth this year is 30 mln.   Read More...

Rumor: Dangdang to Launch In-House Apparel Brand

Sina Tech, 3/16/12

The general manager of an apparel supplier to Chinese B2C e-commerce site Dangdang (NYSE: DANG) revealed today that the supplier had committed to designing and manufacturing apparel for a new line of in-house Dangdang apparel, to be launched in April.   Read More...

BesTV Secures RMB 4 Bln Line of Credit

NetEase Tech, 3/16/12

In a public filing today, Shanghai Media Group IPTV subsidiary Shanghai BesTV New Media (600637.SH) announced that it had signed a strategic partnership framework agreement with the Bank of China under which BesTV will be able to secure up to RMB 4 bln in authorized credit from the bank.   Read More...

 

Telecom

Ministry of Agriculture, China Telecom Partner on Rural Informatization

Netease Tech, 3/16/12

China Telecom (NYSE: CHA; 0728.HK) and China's Ministry of Agriculture today signed a strategic framework agreement in Beijing to cooperate on rural agricultural informatization efforts.   Read More...

 

Wireless

China Mobile Chairman: Ready to Retire

Securities Times, 3/16/12

During China Mobile's (NYSE: CHL; 0941.HK) full-year 2011 financial results conference yesterday, Chairman Wang Jianzhou said he has already served long enough and is ready for retirement, but his departure still depends on higher level decision makers.   Read More...

China Mobile VP Resigns

China Mobile PR, 3/15/12

The Board of Directors of China Mobile (NYSE: CHL; 0941.HK) has announced that Lu Xiangdong, an Executive Director and Vice President, has resigned from his positions at China Mobile with effect from March 15, 2012 due to his inability to perform his duties under his current personal circumstances.   Read More...

China Mobile Demos TD-LTE Network in Shenzhen

Guangzhou Daily, 3/16/12

On March 15, China Mobile (NYSE: CHL; 0941.HK) hosted a TD-LTE demonstration in Shenzhen offering three months of free TD-LTE data card service to ten university students, providing them free TD-LTE internet access on their notebook computers, tablet devices, and other mobile terminals.   Read More...

China Unicom Offers RIM's BIS to Post-Paid Users

Beijing Times, 3/16/12

China Unicom (NYSE: CHU; 0762.HK; 600050.SH) yesterday announced that it will officially launch BlackBerry Internet Service (BIS) for all individual and SME post-paid mobile WCDMA users.   Read More...

China Telecom to Offer Naked iPhone 4S

Netease Tech, 3/16/12

China Telecom (NYSE: CHA; 0728.HK) announced today that it will begin authorizing non-carrier channels to sell contract-free CDMA iPhone 4S handsets starting March 17.   Read More...

MIIT Orders China Telecom to Crack Down on Spam SMS

Sina Tech, 3/16/12

In response to China Central Television (CCTV)'s March 15 Consumer Day TV expose of China Telecom's (NYSE: CHA; 0728.HK) provincial subsidiaries illegally selling SMS spam services, the Ministry of Industry and Information Technology (MIIT) today announced that it has ordered China Telecom to conduct an investigation, draft a plan for reform and preventative measures, and punish those involved.   Read More...

China Telecom Investigates CCTV SMS Spam Charges

TechWeb, 3/16/12

China Telecom (NYSE: CHA; 0728.HK) has announced it will launch a group-wide investigation following a report on China Central Television (CCTV)'s annual expose TV special on World Consumer Rights Day (March 15) which alleged that China Telecom branches in Dongguan, Guangzhou, Shanghai, and Suizhou offered a spam SMS service that violated company policies.   Read More...

China to Become Largest Market for Smartphones in 2012

IDC PR, 3/15/12

China will become the leading country-level market for smartphone shipments in 2012, according to the latest smartphone forecast from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker report.   Read More...

Alibaba, Roboo Partner on M-Commerce

Qianlong, 3/16/12

Chinese e-commerce company Alibaba Group's third-party payment processor Alipay recently signed an agreement with mobile search provider Roboo for partnerships and platform connectivity deals in the areas of mobile e-commerce, mobile advertising, and mobile payment.   Read More...

AutoNavi Launches Group Buy Channel

iMeigu, 3/16/12

Chinese digital map provider AutoNavi (Nasdaq: AMAP) launched a group buy channel today offering users news about the latest discounts on lifestyle services including clothing, food, travel, health and beauty, entertainment, education, and medical services.   Read More...

Netease Updates iOS Client with E-book Feature

Sohu IT, 3/16/12

Chinese internet company Netease (Nasdaq: NTES) has added "e-book platform" functionality to the new version of its Netease Reader app, which it has submitted to Apple's App Store for review.   Read More...

 

Internet

Tencent May Slow Investments in 2012

Netease Tech, 3/16/12

CEO Pony Ma and President Martin Lau of Chinese Internet giant Tencent (0700.HK) have both indicated that the company may slow investments in 2012.   Read More...

300K Developers Join Tencent Open Platform

TechWeb, 3/16/12

Chinese internet giant Tencent (0700.HK) today announced that as of the end of 2011 nearly 300,000 developers had joined its open platform, with over 40,000 applications submitted for approval.   Read More...

Qihoo 360 Appoints Chief Privacy Officer

Beijing Times, 3/16/12

Chinese Internet services and security software provider Qihoo 360 (NYSE: QIHU) has appointed Tan Xiaosheng as its new Chief Privacy Officer (CPO).   Read More...

Dangdang to Halt Ad Spend on Directory Sites

Ebrun.com, 3/16/12

Li Guoqing, CEO of Chinese B2C e-commerce site Dangdang (NYSE: DANG), recently revealed on his personal microblog that Dangdang is halting advertising on web directory portals as prices remain high and are not declining, and will reinvest those funds in customer service.   Read More...

360Buy Open Platform 2011 Transactions Reach RMB 2.6 Bln

Ebrun.com, 3/16/12

Beijing-based IT products B2C e-commerce platform 360Buy has announced that the transaction volume from its open platform reached RMB 2.6 bln in 2011, led by general merchandise products.   Read More...

Update: Vipku Chairman and CEO Resigns

Sina Tech, 3/16/12

Huang Zhengrong, a partner in Hangzhou-based Haowangjiao Investment Management's Qihang E-Commerce Fund, has disclosed that Hou Yujiang has been sacked as chairman and CEO of Beijing-based luxury discount B2C platform Zunku Jizhi Technology (Vipku.com) due to three major issues, including financial irregularities.   Read More...

Meituan FY 2011 "Expiry Refunds" Total RMB 78 Mln

Tencent Tech, 3/16/12

Chinese group buy site Meituan has announced that in the last fiscal year (March 2011 to February 2012), "expiry refunds" to customers reached RMB 78 mln, accounting for approximately 4.3% of total sales.   Read More...

Xunlei Upgrades Cloud Storage Product

Sina Tech, 3/16/12

Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei has renamed its online cloud storage product from "Xunlei Net Drive" to "Xunlei Fangzhou" ("Xunlei Ark"), and yesterday began internal testing.   Read More...

Perfect World Q4 2011 Profit Up 108% YoY

Perfect World PR, 3/16/12

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) has announced its unaudited financial results for the fourth quarter and full fiscal year ended December 31, 2011, with net revenues reaching RMB 776.4 mln, up 32.2% YoY from RMB 587.2 mln in Q4 2010, and up 9.5% QoQ from RMB 658.2 mln.   Read More...

Perfect World Appoints New COO

PR Newswire Asia, 3/16/12

Beijing-based online game developer and operator Perfect World (Nasdaq: PWRD) has appointed Robert Xiao (Xiao Hong), the company's senior vice president, as Chief Operating Officer.   Read More...

17173 Releases 'Most Anticipated Games' Rankinga

17173.com, 3/16/12

Chinese online gaming portal 17173 has released its "Most Anticipated Games" ranking for the week ending March 16, 2012, with ranking determined by votes cast online by players.   Read More...

Changyou to Release New Expansion Pack for MMO

17173.com, 3/16/12

Chinese online game developer and operator Changyou (Nasdaq: CYOU), a subsidiary of Sohu (Nasdaq: SOHU), has announced that it will soon release a new expansion pack for its self-developed 3D MMORPG The Duke of Mount Deer, titled "Longqi Zhange."   Read More...

The9 to Begin CB of MMO

17173.com, 3/16/12

Shanghai-based online game developer and operator The9 (Nasdaq: NCTY) has announced that it will begin closed beta testing of its licensed 3D MMORPG Rosh on March 28.   Read More...

CDC Games Stops Operation of MMO

Sina Games, 3/15/12

CDC Corporation's (PINK: CDCAQ) online gaming subsidiary, CDC Games, has announced that it officially stopped operating its licensed 3D MMORPG Lord of the Rings Online in Mainland China and closed all its servers on February 21.   Read More...

JoyChina to Begin OB of MMO

17173.com, 3/16/12

Beijing-based online game developer and operator JoyChina has announced that it will begin open beta testing of its self-developed 3D MMORPG Hunter Blade on March 30.   Read More...

Lugood to Begin Elite Test of MMO

People.com.cn, 3/16/12

Xi'an-based online game developer and operator Lugood Network Technology has announced that it will begin elite testing of its self-developed 2.5D MMORPG Long Zhi Chuanqi on March 30.   Read More...

Taole to Release New Version of MMO

Sina Games, 3/16/12

Shenzhen-based online game developer and operator Taole Network Technology, operator of gaming platform Leyoo.com, has announced that it will release a new version of its self-developed MMORPG Tao Hua Yuan Ji Online on March 16, titled "Tiantian Xiangshang."   Read More...

Yi Jian to Begin CB of MMO

17173.com, 3/16/12

Shanghai-based online game developer and operator Yi Jian Information Technology has announced that it will begin closed beta testing of its licensed 2.5D MMORPG Xian Men on March 23.   Read More...

 

Television

Jetsen to Acquire Four Companies

Shanghai Securities News, 3/16/12

Beijing-based AV media management platform provider Jetsen Technology (300182.SZ) revealed stock acquisition plans for four companies today.   Read More...

 

Hardware & Software

Update: Taiwan Allows More Mainland Investment in Panels, Semicon

China News, 3/16/12

According to a report in the Taiwanese Economic Daily News, on March 15, the Taiwanese Legislative Yuan concluded review of plans for a third relaxation of restrictions on Mainland investment in Taiwanese manufacturers of LED panels, semiconductors, tooling machinery, integrated circuitry, and production equipment used in the manufacture of electronics and semiconductors.   Read More...

Gome Reduces iPad 2 Price to RMB 3K

Chongqing Morning News, 3/16/12

Chinese home appliance and consumer electronics retailer Gome (0493.HK) has announced that in all of it stores and online malls the price of the 16GB Wi-Fi iPad 2 will drop to RMB 2988, in line with Apple's official announcement, due to presently abundant inventory.   Read More...

Kingsoft Releases Free Enterprise Anti-virus Software

Sohu IT, 3/16/12

Chinese software company Kingsoft (3888.HK) today officially launched a free version of Kingsoft Internet Security, Enterprise Edition 2012.   Read More...

Rumor: Lenovo Vice President Resigns

Tencent Tech, 3/16/12

A spokesperson from Chinese laptop, PC, and handset manufacturer Lenovo (0992.HK) has reported that Tang Jie, Lenovo vice president and general manager of Lenovo's greater China channel business and consumer division, has recently resigned and will be succeeded by general manager of Lenovo Russia Bai Yuli.   Read More...

CIT Terminates Share Repurchase Plan

PR Newswire Asia, 3/16/12

Chinese information security and geographic data solutions provider China Information Technology (CIT) (Nasdaq: CNIT) today announced that its board of directors has approved the termination of its stock purchase plan.   Read More...

China Star Launches 110-inch Quad Full HD 3D LCD Display Screen

China Business Times, 3/16/12

Shenzhen-based LCD panel manufacturer China Star Optoelectronics Technology has announced the release of a 110-inch, Quad Full HD 3D LCD display screen.   Read More...

 
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