Chinese internet video site set for IPO
Tudou, one of China’s leading video websites, is preparing an initial public offering with hopes of raising at least $100m, amid fierce competition in the sector
Intel Invests In Chinese Video Surveillance Provider
Intel has announced strategic cooperation with the Chinese video surveillance provider NetPosa, and will invest in the latter to develop the Chinese digital security surveillance market. Financial terms of the deal have not been released. The two parti…
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October 26th, 2010 | Comments Off | Posted in Asia, Business, China, Investment, Technology, World |
Russell Brand and Katy Perry’s very big day
Elephants, celebs and a fortune-telling parrot feature in the extravagant wedding celebrationsRussell Brand and Katy Perry tied the knot in India over the weekend at a luxury resort within a Rajasthani tiger reserve. The most extravagant wedding of the year reportedly featured:▶ A Bollywood banquet with drummers, dancers, fire eaters and snake charmers.▶ Camels, horses [...]
Hunt for missing 21 unnerves Taiwan tourism
The island has been shocked by the loss of a group of tourists from China in a bus accident at a time when the number of mainland visitors has been rising fast
Beijing’s closer look at renminbi
China is keen to avoid being tagged a manipulator as its currency continues to appreciate with varying pace over coming months
Sohu Posts Growing Online Media Revenues In China
Chinese online media company Sohu.com Inc. today reported its unaudited financial results for the third quarter ended September 30, 2010, and showed total revenues were USD164.1 million, up 20% year-on-year, and 12% quarter-over-quarter. Brand advertis…
Online Game Revenues Rise In China For Changyou.com
Chinese online game developer Changyou.com Limited today announced its unaudited financial results for the third quarter ended September 30, 2010. Total revenues reached USD85.6 million, an increase of 10% quarter-over-quarter and 25% year-over-year, w…
Hon Hai To Invest USD260 Million In Mainland China
Hon Hai Precision Industry has published seven investment plans for the Chinese mainland market, covering Kunshan, Qinhuangdao, Shenzhen, and Tianjin, and the total investment amount will reach USD260 million, according to reports in Taiwanese local me…
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October 25th, 2010 | Comments Off | Posted in Asia, Business, China, Investment, Manufacturing, Technology, World |
Alibaba Opens Local Customer Service Business In India
Chinese e-commerce company Alibaba.com has announced that it has launched local customer service business in India to increase its investments in this key marketplace. Alibaba.com stated in a report that its new customer service center, which is opened…
Russell Brand and Katy Perry marry in India
Celebrity couple’s wedding held on Saturday in the Ranthambhore tiger sanctuary near JaipurThe singer Katy Perry and entertainer Russell Brand were married on Saturday at a “private and spiritual ceremony” at a wildlife sanctuary in India. The wedding took place at the Aman-e-Khas luxury resort outside the Ranthambhore tiger sanctuary, 80 miles from the “pink [...]
Japan and India meet as fears about China grow
Manmohan Singh, India’s prime minister, is to meet with his Japanese counterpart Naoto Kan for talks on regional security, against a backdrop of anxiety about China’s greater assertiveness over its territorial boundaries
Baidu’s Search Engine Profit In China Jumps 112.4%
Chinese search engine Baidu Inc. posted a 76.4% revenue increase as the company announced its unaudited financial results for the third quarter ended September 30, 2010. Total revenues in the third quarter of 2010 were CNY2.256 billion, a 76.4% increas…
China Unicom Begins Mobile Payment Services Soon
A representative from China Unicom’s product innovation department revealed that the operator’s mobile phone payment service is undergoing trial use in four cities, including Beijing, Shanghai, Guangzhou, and Chongqing, and the service will be formally…