Dot-Com becoming Dot-Con?
2011-06-22 09:57:00
Just a couple of months ago the debate was still open as to whether there was a bubble in US-listed Chinese Internet stocks. Today, it's hard to deny that the bubble is there - unless it has already burst.
Softbank CEO says deal with Alibaba is due 'soon'
2011-06-21 13:43:18
Softbank expects to reach an agreement "soon" with Alibaba Group over ownership of China's leading e-payment provider, Alipay, the Japanese mobile carrier's CEO said on Monday.
Cyber wars between stores are heating up
2011-06-20 11:16:21
According to a report issued by Nuremberg-headquartered German research firm GFK Group, China's online shopping market reached revenues of 498 billion yuan ($76.88 billion) in 2010, rising by 96 percent over the previous year. Online household appliance sales experienced even faster growth, up by 200 percent to about 80 billion yuan.
Advertising experiences a boom
2011-06-20 11:01:18
Group-purchasing websites have the most potential for advertisers, who are witnessing a boom for their industry on the Internet thanks to the increasing number of netizens and the development of online companies in China, according to a new report.
3G drives up phone contracts
2011-06-20 09:59:09
The fast growth in China's third-generation (3G) cell phone network usage is driving up customer numbers at China Telecom Corp Ltd. It aims to achieve 200 million mobile subscribers by the end of 2014.
Lenovo seeks to become the Apple of world's eye
2011-06-20 09:20:19
By vowing to give Steve Jobs' company a run for his money earlier this year, Liu Chuanzhi shocked the IT world. But analysts of the industry are heavily divided on this heroic attempt.
Software bugs discovered in Chinese-made applications
2011-06-18 09:55:17
A Chinese software maker has been ordered to notify its clients after bugs which could be exploited by hackers were discovered in two of its applications.
Taobao split into three companies
2011-06-17 09:17:24
China's e-commerce giant Alibaba Group Holding Ltd reorganized its online retail unit Taobao into three separate companies, a move that highlights the company's fighting back to rising e-commerce rivals amid fierce competition.
Changing isn't easy when they've got your number
2011-06-17 10:13:49
Only 50,000 mobile subscribers have successfully changed their operators during the past six months and the government has said it's studying ways of increasing the number.
Tencent plans $3b open platforms
2011-06-16 09:10:50
China's largest Internet company, Tencent Holdings Ltd, will share its 670 million users via a series of open platforms in the hope of creating a 20 billion yuan ($3 billion) business enjoyed together with partners and third-party developers.
Alibaba's Ma: Compensation talks ongoing
2011-06-15 10:19:10
Jack Ma, founder and chief executive of Alibaba Group Holding Ltd, said compensation negotiations between the management and Yahoo Inc and Softbank Corp are still going on, and he declined to say when they might be completed.
HP shakes up managers, aims at China, India
2011-06-14 11:01:51
Hewlett-Packard Co moved a veteran executive onto its board and announced the departure of two senior officers in a major ongoing management shake-up, and put new focus on China and India.