Letv.com Says Chinese Internet Video Business Is Hot
In the face of massive competition from state-owned businesses, stalwarts like Youku Tudou, and mobile-only start-ups, Chinese Internet video website Letv.com says it’s profits are bursting. Letv.com published its unaudited annual performance pre-announcement for 2013, stating that the company expects to see net profit between CNY250 million and CNY270 million, a year-on-year increase of 30% […]
Social TV Comes To China: Kaixin001.com Teams With Samsung, Haier, Hisense
Chinese social networking site Kaixin001.com recently published its software client for smart TV, which will be pre-installed on smart TV products manufactured by Samsung, Haier, and Hisense.