November 2006 - Posts

• Are You Reaching Your 1.3 Billion Customers?

  Wednesday, November 29, 2006 11:05 PM

  From ChinaBiz / China Herald : By Fons Tuinstra "Twenty percent of the so-called media time is the Chinese on average spending on the internet. Since only ten percent of the population is online, those figures will vary enormously. Compared to that the ad revenue flowing to this medium, 0 Read More Posted by Johannes 0 Comments Go to top

• Yahoo China President Resigns

  Wednesday, November 29, 2006 11:04 PM

  " Yahoo China President Xie Wen resigned his position after only 40 days in office, amid rumors that Yahoo headquarters disapproved of his plans to take the site in a Web 2.0 direction. Jack Ma, chief executive of Alibaba.com , which took control of Yahoo China in October 2005, announced Mr Read More Posted by Johannes 0 Comments Go to top

• Lenovo CEO Has Global Ambitions

  Tuesday, November 21, 2006 12:52 PM

  From CHINAdaily : "Bill Amelio, the American running the biggest computer company operating in China, has an ambitious agenda. In the next year, the chief executive of Lenovo Group Ltd. aims to boost the company's brand in the US and break into key emerging markets -- and beat the company's Chinese chairman, Yang Yuanqing, at ping pong Read More Posted by Johannes 0 Comments Go to top

• WR Hambrecht Research Report on Baidu

  Tuesday, November 21, 2006 12:51 PM

  From WR Hambrecht : "We are initiating coverage of Baidu.com , Inc. with a Buy rating and a 12-month price target of $130 per share. The company is the largest search engine in China, leveraging its large traffic volume to drive online advertising revenues Read More Posted by Johannes 0 Comments Go to top

• Wikipedia Ban Back On In China

  Tuesday, November 21, 2006 12:51 PM

  From webpronews.com : "Only one week after the Chinese government released the ban placed on encyclopedia site Wikipedia , the ban appears to be back in effect. Wikipedia had only regained the ability to reach Chinese viewers with their free encyclopedia site one week ago, however the good news was short-lived Read More Posted by Johannes 0 Comments Go to top

• Record Companies Lose Lawsuit against Baidu

  Tuesday, November 21, 2006 12:50 PM

  From Forbes : "A Beijing court has ruled in favor of Baidu , China's biggest Internet search company, in a copyright suit brought on by seven global music companies, the official China Business News reported. Ren Xuyang, assistant to Baidu's president, was quoted as saying that the ruling is the first positive development for Baidu since it was sued for its MP3 search technology, which provided links to illegal downloads of copyrighted music Read More Posted by Johannes 0 Comments Go to top

• Baidu and eBay to collaborate in China

  Wednesday, November 08, 2006 4:25 PM

  From BusinessWeek : "Chinese Web portal Baidu Inc. said Wednesday it signed a multi-year, cross-promotional partnership with eBay EachNet , a Chinese commerce site that was bought by eBay in 2002. Under terms of the agreement, Baidu will promote PayPal Beibao, PayPal's service in China, as the preferred payment method on Baidu Read More Posted by Johannes 0 Comments Go to top

• China Buys $1.9 Bln of Africa's Ores, Builds Network

  Tuesday, November 07, 2006 7:30 PM

  From Bloomberg : " Chinese companies including ZTE Corp. and Huawei Technologies Co. today signed 16 contracts with 11 African nations to buy minerals, build infrastructure and phone networks, in the country's biggest investments on the continent. ZTE signed two $30 million contracts to provide phone equipment to Lesotho and Ghana, while Huawei will help Ghana set up village phone networks for $30 million and help Kenya set up an Internet-based electronic government network, according to contracts signed today in Beijing Read More Posted by Johannes 0 Comments Go to top

• First Vodafone-branded 3G Phone Manufactured by Huawei

  Tuesday, November 07, 2006 7:28 PM

  From 3G.co.uk : "Vodafone has started to market the first mobile phone under its own brand in Portugal." "The Vodafone 710 is the first mobile phone manufactured for the Vodafone Group by the Chinese company Huawei Technologies as the result of the strategic alliance between them was signed in February 2006 Read More Posted by Johannes 0 Comments Go to top

• Shanda Cashes in on Sina Shares

  Tuesday, November 07, 2006 7:28 PM

  From ShanghaiDaily : "Shanghai online games company Shanda Entertainment Ltd said yesterday it would sell part of its stake in Sina Corp to Citigroup , in a move that shows it has finally given up on attempts to acquire Sina and form China's biggest online firm Read More Posted by Johannes 0 Comments Go to top

• China's Communications Industry Soars

  Tuesday, November 07, 2006 7:27 PM

  From Asia Times Online : "China's communications industry registered 1.11311 trillion yuan (US$141.3 billion) in business volume in the first nine months of 2006, increasing by 25.1% year on year. In a breakdown, telecom business revenue reached 1.05892 trillion yuan, up 25 Read More Posted by Johannes 0 Comments Go to top

• Lenovo Ready to Pull Plug on IBM

  Thursday, November 02, 2006 7:56 PM

  From ZDNet Asia : " Lenovo is now ready to remove the IBM logo from its products, 18 months after finalizing its acquisition of IBM's PC division, according to a senior company executive. The Chinese PC giant intends to keep the IBM logo on its computers for consumers, while its large enterprise customers will have the option of having the IBM logo removed by the end of this year, Deepak Advani, senior vice president and chief marketing officer of Lenovo, said at a media briefing held here last week Read More Posted by Johannes 0 Comments Go to top

• TCL to Close European Operations

  Thursday, November 02, 2006 7:56 PM

  From CHINAdaily : " TCL Multimedia Technology Holdings, which reported a nine-month loss of HK$1.52 billion (US$195 million), said Tuesday that it would shut its European unit in an effort to return to profit. " "TCL Multimedia joins Asian companies including Lenovo Group and Benq in posting losses after making overseas acquisitions Read More Posted by Johannes 0 Comments Go to top

• Yahoo China to Be Community-Based Portal

  Thursday, November 02, 2006 7:55 PM

  From cio.com : " Alibaba.com plans to turn the Yahoo China website into a community-based portal that relies on users for the bulk of its content, the company’s top executive said Wednesday." "Alibaba acquired Yahoo’s Chinese operations in 2005 as part of a deal that saw Yahoo invest more than US$1 billion in the Chinese e-commerce company Read More Posted by Johannes 0 Comments Go to top

• China Goes it Alone on Mobile TV Standard

  Thursday, November 02, 2006 7:54 PM

  From electronicsweekly.com : " China is reported to be going its own way on mobile TV with the announcement of a home-grown, recommended standard for the technology. The standard, called GY/T220.1-2006, is expected to be formally implemented by China’s State Administration of Radio, Film and Television (SARFT) on 1 November 2006 Read More Posted by Johannes 0 Comments Go to top

• Sohu To Broadcast NBA Games

  Thursday, November 02, 2006 7:54 PM

  From Sun-Sentinel.com : "Fans in China will have a chance to watch a webcast of the Heat's opener through a partnership the NBA has with Internet company NuSports , which along with another Internet firm, Sohu , will stream 87 games in Chinese this season on NBA Read More Posted by Johannes 0 Comments Go to top

• Alibaba Invests in Classified Listings Web Site

  Thursday, November 02, 2006 7:53 PM

  From Red Herring : " Alibaba.com , China’s largest e-commerce company, said Monday it had made a strategic investment in Koubei.com , a classified listings and community web site based, like Alibaba, in the East China city of Hangzhou." "Koubei.com, founded in 2004, offers local classified ads and discussion forums in major Chinese cities Read More Posted by Johannes 0 Comments Go to top

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