China’s Renren To Separate Video Social Platform

Renren.com screenshotChina’s social networking and Internet financial company Renren announced plans to separate its newly established subsidiary named SpinCo. SpinCo will …

China.com Finds New Buyer For CNY150 Million

China.com ScreenshotChina.com, the first big tech IPO from China and one-time darling of netizens of Beijing in the late 1990s before …

Chinese Matchmaking Website To Acquire Its Peer

Nasdaq-listed Chinese online dating website Jiayuan.com announced a merger with its peer Baihe.com. With this deal, Baihe.com will acquire Jiayuan’s American depositary shares and ordinary shares for consideration of between USD240 million and USD250 million. On the completion of the acquisition, Jiayuan will be delisted from Nasdaq. In addition, Wu Linguang, chairman and chief executive […]

Baidu’s Financials Disappoint Investors Looking For China Internet Growth

Chinese Internet search engine company Baidu Inc. disappointed investors as it posted its fourth quarter and fiscal year 2012 financial results.

UCWeb CFO: UCWeb To Launch IPO In 2013

Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.

China’s Shanda Games To Repurchase USD100 Million Over 12 Months

Chinese online game developer and operator Shanda Games Limited has published its unaudited financial report for the first quarter ended March 31, 2012, and said the company will repurchase up to USD100 million American depositary shares during the next 12 months.

AdChina’s IPO Reveals Worries Of Foreign Investment In Chinese Internet Sector

AdChina Ltd., an Internet advertising company in China, has issued its draft prospectus for an eventual initial public offering of its Cayman Island entity on Nasdaq under the symbol ADCN.

China.com’s Parent Internet Company Files For Bankruptcy Protection

CDC Corporation, the first Chinese Internet company listed in Nasdaq, has reportedly filed for bankruptcy protection.

China’s Xunlei Preps Tech IPO Plans In The USA

China-based Xunlei Limited, a digital media content platform, announced it plans to sell 7.6 million American Depositary Shares in its initial public offering on Nasdaq.

China’s Tudou.com Reinvigorates IPO Plans As CEO Settles Marital Dispute

Amid a thunderous drop in Chinese companies’ market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.

Rumors Flow In China For Dangdang.com’s E-Commerce IPO In The USA

Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.

Ku6 Extends Loss From Chinese Online Video Biz After Dumping Wireless Services

China’s Ku6 Media Company Ltd., which boasts a new focus on Internet video services after dumping its poor wireless services offerings and its old name of Hurray, today announced its unaudited financial results for its second quarter ended June 30, 2010.

Hurray To Sell Chinese Music, Wireless Value-added Businesses To Shanda

Hurray, a subsidiary of the Chinese media and game company Shanda Interactive Entertainment Limited, has announced that it will sell its music and wireless value-added businesses to the parent company.

Mezabay To Enter Chinese Internet Sector With Stake In Mayi.com

Nasdaq OTCBB-listed Mezabay International Inc., Singapore’s Legend Venture Pte Ltd., and Beijing Mayi Interactive Network Technology Company Ltd. have signed an investment agreement, under which Mezabay will acquire a 51% stake in Mayi.com.

AirMedia’s Former CFO Joins Dangdang.com In China

Chinese Internet shopping website Dangdang.com, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of Dangdang.com.

Revenue Rises In China for CDC Corporation

Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009.