investment

Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China

Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout,…

16 years ago

China’s 360buy.com To Acquire Apparel Shopping Website

Chinese electronics-oriented B2C website 360buy.com has reached an acquisition agreement with Qianxun.com, a Korean-style apparel and accessories Internet shopping website.…

16 years ago

Ctrip.com Announces Hong Kong Investment, Annual Earnings

Profits rose at the end of last year for Chinese online travel company Ctrip.com International Ltd. according to the company's…

16 years ago

China’s Baidu.com Will Build International Headquarters In Shenzhen

Chinese search engine company Baidu has signed a strategic cooperation agreement with the municipal government of Shenzhen, marking the comprehensive…

16 years ago

Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China

Chinese online media company Sohu.com Inc.'s revenues rose 12% year-on-year in the last quarter, according to its newly-reported unaudited financial…

16 years ago

Cloud Computing Center Planned In Taiwan

Chunghwa Telecom, Trend Micro, Taiwan's Industrial Technology Research Institute, and Taiwan's Institute for Information Industry will jointly set up a…

16 years ago

Shanda Games CEO Jumps Ship In China After Online Game Acquisition Spree

Shanda Games Limited announced over the weekend that Diana Li has resigned as the company's chief executive officer and a…

16 years ago

Alibaba Spars With Yahoo About Google’s China Problems

Chinese e-commerce behemoth Alibaba Group is sparring with Yahoo, one of its partners, over statements Yahoo reportedly made last week…

16 years ago

Taobao.com Spends CNY10 Million Supporting Independent Developers

Chinese online auction website Taobao.com has announced that Taobao Open Platform will spend CNY10 million to support the winners of…

16 years ago

Baidu Begins New Internet Video Enterprise In China

Chinese search engine firm Baidu Inc. is launching a new company to provide advertising-supported online video services in China. (more…)

16 years ago