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Searching for "March 2009"
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Sina Fully Acquires Online Lottery Site Aicai.com
Techweb, 6/19/14
Chinese internet company Sina (Nasdaq: SINA) has completed its acquisition of a 100% stake in Shenzhen Zhong Wang Cai Network Technology, operator of online lottery website Aicai.com. Read More
Rumor: China Mobile, MIIT Discuss CMMB for 2G Handsets
Sohu IT, 3/22/12
An industry source reported recently that China Mobile (NYSE: CHL; 0941.HK) started discussions with the Ministry of Industry and Information Technology (MIIT) last year regarding CMMB mobile television service for 2G (GSM and CDMA) handsets. Read More
Alibaba-invested Courier Firm Stars Express Bankrupt
iFeng Tech, 3/05/12
Chen Ping, founder of Beijing-based express delivery service Stars Express, has revealed in a text message that the company has gone bankrupt, with investor B2B e-commerce company Alibaba.com (1688.HK) losing RMB 70 mln and Chen losing RMB 50 mln. Read More
Rumor: China Mobile, CBC to Continue CMMB Cooperation
Netease Tech, 2/07/12
An industry source revealed today that China Mobile (NYSE: CHL; 0941.HK) has plans to purchase shares in mobile phone TV operator China Broadcasting Corporation (CBC), and to continue working with CBC in its China Multimedia Mobile Broadcasting (CMMB) operations. Read More
Xunlei Files for Nasdaq IPO
SEC, 6/08/11
Chinese online P2P video service provider, download accelerator software developer, and online game operator Xunlei Limited has filed an IPO prospectus with the U.S. Securities and Exchange Commission to list on the Nasdaq Global Market under the ticker symbol "XNET." Read More
Online Travel Site Tuniu Lands USD 50 Mln in Funding
Sina Tech, 4/12/11
Chinese online travel site Tuniu announced today that it had completed a USD 50 mln third round of funding from Sequoia Capital, the Lotte Group, DCM, and Highland Capital Partners. Read More
Ex-Google Technology Director Joins MediaV as CTO
Tencent Tech, 9/08/10
Shanghai-based online advertising firm MediaV has stated that Ms. Hu Ning, former director of technology at Google, has joined MediaV as CTO. Read More
Chinese Video Site 6Rooms Achieves Profitability
Netease Tech, 7/12/10
CEO Liu Yan of Chinese video site 6Rooms has revealed that the site has seen 16 consecutive profitable months since March 2009, with monthly profit ranging in the millions of RMB. Read More
Dangdang De-Emphasizes Book Sales
CCID, 4/26/10
Zhang Ying, senior marketing director at Chinese B2C e-commerce site Dangdang, recently said that Dangdang will invest heavily in 2010, not only on personnel, facilities construction, and national expansion, but also on new product lines to bolster the company's B2C merchandise offerings. Read More
Update: Shanda-Ku6 Acquisition Rumor
DoNews, 11/26/09
Knowledgeable sources have revealed that Chinese online game developer and operator Shanda (Nasdaq: SNDA) will acquire 58% of Chinese video website Ku6 via a private offering of shares from Shanda subsidiary Hurray (Nasdaq: HRAY). Read More
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