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JD.com Records RMB 169 bln GMV During 18-day Anniversary Promotion
JD.com, 6/19/20
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) announced today that transaction volume on the platform during the company's 618 Grand Promotion anniversary sale (held June 1-18) exceeded RMB 269.2 bln, up 33.6% YoY. Read More
Rumor: Moonbasa to IPO in Late 2011
Sina Tech, 6/15/11
Chinese B2C e-commerce company Moonbasa plans to raise USD 150 mln in an IPO on the Nasdaq Stock Market in late 2011, industry sources recently told Bloomberg News. Read More
Rumor: Baidu to Embed Bing English Search Results
DoNews, 5/26/11
Chinese internet company Baidu (Nasdaq: BIDU) and Microsoft may partner to offer English-language search results from Microsoft's Bing search engine for English-language queries on Baidu, according to an industry source. Read More
Huawei, ZTE Deny Plans to Acquire Alcatel-Lucent
Sina Tech, 3/03/11
Chinese telecom and terminal manufacturers Huawei and ZTE (0763.HK; 000063.SZ) recently denied reports that either plans to acquire Alcatel-Lucent as rumors once again swirled that the Paris-based telecom equipment maker will be bought by a Chinese firm. Read More
Groupon Confirms Mainland China JV Plans
DoNews, 2/10/11
According to Bloomberg, Danny Yeung, CEO of Groupon Hong Kong, announced in a briefing in Hong Kong today that Groupon will enter the Chinese mainland "very soon" through a joint venture. Read More
China Mobile, Xinhua Search Engine Due Next Year
Sina Tech, 9/16/10
China Mobile (NYSE: CHL; 0941.HK) has begun to expand its mobile data business in the face of slowing market growth, according to overseas media, including launching an online search engine next year to compete with Baidu (Nasdaq: BIDU). Read More
Rumor: Youku, Tudou to IPO
Sina Tech, 9/14/10
Industry sources have told overseas media that Chinese video sites Youku and Tudou are reportedly both planning to IPO overseas. Read More
Lenovo Sued Overseas for Patent Infringement
Netease Tech, 3/11/09
Bloomberg reports that video compression patent holder MPEG LA has sued the Lenovo Group (0992.HK) in Germany and the United States, charging that the computer maker's computers, Blu-ray drivers, DVD drivers, and other software components make unauthorized, infringing use of its digital video compression codec patents. Read More
SARFT Approves 33 Foreign Satellite Channels
SARFT, 3/18/08
On February 18, the State Administration of Radio, Film and Television (SARFT) provided provincial broadcasting authorities with a list of 33 overseas satellite channels that hotels and other venues may apply to show in 2008. Read More
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