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ChinaNetCenter to Raise RMB 3.6 Bln to Develop Cloud and CDN Services

ChinaNetCenter, 6/13/15

Shanghai-based IDC and CDN service provider Wangsu Science & Technology (ChinaNetCenter) (300017.SZ) has announced a plan for a private offering of additional shares targeting the following group of potential investors: Industrial Securities Asset Management, JT Asset Management, Bosera Asset Management, Ping An Asset Management, and Taikang Asset Management. Read More

Alibaba Announces AliCloud CDN Commercial Services

Shenzhen Economic Daily, 3/06/14

Alibaba Cloud Computing (AliCloud), a subsidiary of Chinese e-commerce conglomerate Alibaba Group, yesterday announced the opening of its content delivery network (CDN) services for commercial operation, making the services available to enterprise clients both in China and overseas. Read More

ChinaNetCenter: China's Q1 2012 Internet Speeds Up 3% QoQ

CCTIME, 7/03/12

Shanghai-based IDC and CDN service provider ChinaNetCenter (300017.SZ) recently issued its Q1 2012 Research Report on Chinese Internet Applications, which found average downstream speeds of 429 kB/s for civilian networks in Q1 2012, an increase of 3.1% over Q4 2011's 416 kB/s. Read More

ChinaNetCenter H1 2011 Profit Up 32% YoY

Netease Tech, 7/29/11

Shanghai-based IDC and CDN service provider ChinaNetCenter (300017.SZ) has announced its financial results for H1 2011, with revenue up 55.3% YoY to RMB 233 mln. Read More

Rumor: MIIT Drafting New Telecom VAS Licenses

21st Century Business Herald, 6/14/11

An industry source recently told 21st Century Business Herald that China's Ministry of Industry and Information Technology (MIIT) is in the process of developing a completely new categorization system for enterprises providing telecom value-added services (VAS), and is preparing new licensing standards for the industry that will more clearly delineate the scope of operations and enterprise qualifications for license holders. Read More