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Sun Peng, CEO of online literature site Hongxiu.com, a property of Shanda Interactive (Nasdaq: SNDA) subsidiary Cloudary, revealed yesterday that the site reached nearly RMB 100 mln in revenue in 2011. Read More
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