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Microblogging Platform Weibo to Invest USD 142 Mln in Didi Kuaidi
Weibo, 5/26/15
Chinese microblogging platform operator Weibo Corporation (Nasdaq: WB) has revealed in a US Securities and Exchange Commission (SEC) filing that it has agreed to invest USD 142 mln in mobile taxi booking apps Didi Dache ("Didi Taxi") and Kuaidi Dache ("Kuadi Taxi") in their latest round of equity financing. Read More
Chukong Technology to Delay Nasdaq IPO
China News, 5/22/14
Chen Haozhi, CEO of Beijing-based mobile game developer and operator Chukong Technology, revealed in an internal email yesterday that the company has decided to postpone its initial public offering due to a low valuation given to the company by the US capital market. Read More
iQiyi Spends RMB 200 Mln on Online Broadcast Rights
Tencent Tech, 11/07/13
Chinese internet firm Baidu's (Nasdaq: BIDU) online video subsidiary iQiyi has obtained the exclusive online broadcast rights for the 2014 seasons of five television shows, including Dad, Where Are We Going?, Kangxi Lai Le, Happy Camp, Day Day Up, and Your Face Sounds Familiar. iQiyi paid more than RMB 200 mln for the broadcasting rights, according to an industry source. Read More
Rumor: 58.com to Submit IPO Prospectus to SEC Tomorrow
Netease Tech, 9/27/13
According to an industry insider, Chinese online classifieds site 58.com will submit an IPO prospectus to the US Securities and Exchange Commission (SEC) tomorrow morning. Read More
Lashou Abandons Nasdaq IPO Plans
SEC, 6/19/12
Chinese group buying site Lashou today submitted a request to the US Securities and Exchange Commission (SEC) to withdraw its previously submitted application for a Nasdaq IPO. Read More
China Accounts for 32% of Qualcomm Revenue
Netease Tech, 1/18/12
Paul Jacobs, chairman and CEO of global wireless chipset manufacturer and technology provider Qualcomm, has disclosed in an interview with Netease Tech that the Mainland China market accounted for 32% of the company's revenue for the fiscal year 2011. Read More
Lashou Files for Nasdaq IPO
SEC, 10/28/11
Chinese group buy site operator Lashou Group has filed its IPO prospectus with the Securities and Exchange Commission (SEC) to list Class B ordinary shares on the Nasdaq Global Market under the ticker symbol "LASO." Read More
Sina Acquires 9% Stake in Tudou for USD 66 Mln
SEC, 8/29/11
According to a recent SEC filing by Chinese online video site operator Tudou Holdings Limited (Nasdaq: TUDO), Chinese internet company Sina (Nasdaq: SINA) has acquired a 9.05% stake in Tudou. Read More
Longtop Delisted on NYSE, Moves to Pink Sheets
Tencent Tech, 8/19/11
The New York Stock Exchange recently announced that it has filed a Form D25 to officially delist Chinese financial services software developer Longtop (NYSE: LFT), and Longtop has transferred its American Depository Shares (ADSs) listing to an OTC "Pink Sheet" under the symbol LGFTY. Read More
Tudou to Raise USD 144 Mln in IPO
SEC, 8/03/11
Chinese online video site operator Tudou Holdings Limited has filed an amended IPO with the US Securities and Exchange Commission (SEC) stating it plans to raise approximately USD 143.5 mln, by issuing 6 mln American Depositary Shares (ADSs) representing 24 mln Class B ordinary shares at USD 28-30 per ADS on the Nasdaq Global Market under the symbol "TUDO." Read More
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