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.
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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…
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…
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…
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.
