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<- May 22, 2012 ->

Featured Articles

MSN China to Launch E-Commerce Business

Sina Tech, 5/22/12

Liu Zhenyu, general manager of MSN China, announced today that MSN China is planning a move into the e-commerce market that will coincide with the end of beta testing for the company's Bing search engine and an expanded push into the competitive Chinese search market.   Read More...

Rumor: The9 Online Gaming President Resigns

DoNews, 5/22/12

An industry source revealed today that Tony Park, president of Shanghai-based online game developer and operator The9's (Nasdaq: NCTY) online gaming division, stopped appearing at company meetings some days ago.   Read More...

Internet

Rumor: Mbaobao Lands Fourth-Round Funding

Sina Tech, 5/22/12

Ye Haifeng, CEO of Chinese handbag B2C e-commerce firm Mbaobao, recently reported that the company has obtained a fourth round of funding exceeding USD 30 mln, in response to recent rumors that Mbaobao has been suffering financially.   Read More...

Mecox Lane Announces USD 10 Mln Share Repurchase Program

Mecox Lane PR, 5/21/12

Chinese B2C mail-order e-commerce company Mecox Lane (Nasdaq: MCOX) today announced that its board of directors has approved a share repurchase program.   Read More...

Children's Literature Comprises 25% of Dangdang Book Sales

Tencent Tech, 5/22/12

Chinese B2C e-commerce site Dangdang (NYSE: DANG) today announced that its bookstore now offers 790,000 different book and publication titles, with children's literature accounting for 25% of all Dangdang's bookstore sales.   Read More...

Tudou Shaves Q1 2012 Loss to RMB 135 Mln

Tudou PR, 5/21/12

Chinese online video site operator Tudou (Nasdaq: TUDO) today announced its unaudited financial results for the first quarter of 2012.   Read More...

Microblog Zuosa to Halt Operations in June

Sootoo.com, 5/21/12

No longer able to guarantee the necessary human and material resources required for normal operations, independent Chinese microblogging platform Zuosa has announced that it will shut down on June 1.   Read More...

Universal Travel Group Q4 2011 Profit Up 10%

PR Newswire, 5/21/12

Chinese online and offline travel services provider Universal Travel Group (PINK: UTRA) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2011.   Read More...

Travelzoo Lv You Zu, CYTS Partner on Travel Deals

PR Newswire, 5/21/12

Travelzoo Lv You Zu, owned and operated by Travelzoo Asia Pacific, a licensee of global Internet media company Travelzoo Inc., today announced that it has reached a strategic partnership agreement with Chinese travel company China CYTS Tours Holding Co. Ltd. Under the agreement, CYTS will offer exclusive travel deals through Travelzoo Lv You Zu's core products, Top 20 and Newsflash, to nearly 1 mln Chinese subscribers.   Read More...

ChinaNet Online Records Q1 2012 Net Loss of USD 400K

ChinaNet, 5/22/12

Chinese online and TV advertising firm ChinaNet Online Holdings (Nasdaq: CNET) has announced its financial results for the first quarter of 2012.   Read More...

Dreamwork Net to Launch Browser Games Platform

DoNews, 5/22/12

Wei Xiao, CEO of Chengdu-based online game developer and operator Dreamwork Net, has announced that Dreamwork Net will develop a browser games platform, 1732.com, and launch a number of client-based games including a 3D game in H2 2012.   Read More...

Shanda Games to Release New Version of MMO

17173.com, 5/22/12

Chinese online game developer and operator Shanda Games (Nasdaq: GAME), a subsidiary of Shanda Interactive, has announced that it will soon release a new version of its licensed casual side-scrolling MMORPG GranAge Online.   Read More...

Perfect World to Begin OB of New Version of MMO

People.com.cn, 5/22/12

Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced that it will begin open beta testing of a new version of its self-developed 3D fantasy MMORPG Forsaken World on May 24, titled "Bing Fenggu."   Read More...

Perfect World to Release New Version of Dancing Game

17173.com, 5/22/12

Chinese online game developer and operator Perfect World (Nasdaq: PWRD) has announced that will release a new version of its self-developed casual dancing game Hot Dance Party II, the sequel to Hot Dance Party on May 24.   Read More...

NetDragon to Release New Expansion Pack for MMO

17173.com, 5/22/12

Chinese online game developer and operator NetDragon Websoft (0777.HK) has announced that it will soon release a new expansion pack for its self-developed 3D MMORPG Eudemons Online.   Read More...

ZQGame to Begin Initial CB of MMO

Sina Games, 5/21/12

Shenzhen-based online game developer and operator ZQGame (Zhongqingbao Interaction Network) (300052.SZ) has announced that it will begin initial closed beta testing of its self-developed 3D fantasy MMORPG Lietian Zhiren on May 31.   Read More...

Kunlun Wanwei to Begin OB of MMO

17173.com, 5/22/12

Beijing-based online game developer and operator Kunlun Wanwei has announced that it will begin open beta testing of its licensed 3D cartoon-style MMORPG Shengjing Chuanshuo on June 14.   Read More...

Xunlei to Begin CB of MMO

People.com.cn, 5/22/12

Guangdong-based online game operator Xunlei has announced that it will begin closed beta testing of its licensed 3D fantasy MMORPG Xuan Tian Bian on May 22.   Read More...

Ferry to Begin CB of MMO

People.com.cn, 5/22/12

Hangzhou-based online game developer and operator Ferry Network Technologies has announced that it will begin closed beta testing of its self-developed 2.5D fantasy MMORPG Shenyu on May 24.   Read More...

CloudToad to Begin CB of MMO

People.com.cn, 5/22/12

Shanghai-based online game developer CloudToad Network Technology has announced that it will begin closed beta testing of its self-developed 2.5D martial arts MMORPG Xiake Wushuang on June 6.   Read More...

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