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Tag | online game

Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services

26 July 2010

Chinese online services company Sohu.com Inc. today reported unaudited financial results for the second quarter ended June 30, 2010. Total revenues for the second quarter ended June 30, 2010 were USD146.1 million, up 15% year-over-year and 13% quarter-over-quarter. Of that total, brand advertising revenues totaled USD53.2 million, up 22% year-over-year and 35% quarter-over-quarter, and online [...]

China's Shanda Games To Launch Products For iPhone, iPad In 2010

28 June 2010

According to Tan Qunzhao, chairman and CEO of the Chinese online game developer and operator Shanda Games, the company plans to launch several games for Apple's iPhone handsets and iPad tablet computers in the third quarter of 2010.
According to reports in local media, Tan explained that these games will mainly target overseas users. Because Apple [...]

QoQ Internet Advertising And Wireless Revenues For NetEase.com In China Fall

20 May 2010

Chinese mobile services and Internet portal company NetEase.com Inc. announced its unaudited financial results for the first quarter ended March 31, 2010, and stated its total revenues for the first quarter of 2010 were CNY1.2 billion, compared to CNY1.3 billion and CNY781.7 million quarter-on-quarter and the first quarter of 2009, respectively.
Revenues from online games were [...]

Linktone Provides Insight Into Its Mobile Business In China

19 March 2010

Chinese wireless value-added services firm Linktone Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
CEO Hary Tanoesoedibjo said, "Although Linktone has not been immune to the challenges faced by our industry, we were pleased to deliver full year financial results that were above our expectations. During 2009, [...]

Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China

01 February 2010

Chinese online media company Sohu.com Inc.'s revenues rose 12% year-on-year in the last quarter, according [...]

Linktone Pays USD9 Million For Controlling Stake In Chinese Mobile Game Company

13 January 2010

Chinese wireless value-added services firm Linktone Ltd. has entered into a definitive agreement to acquire [...]

KongZhong Makes New Online Game Acquisition In China

16 December 2009

Just a week after announcing that its revenue would be greatly impacted by new anti-pornography [...]

China's Kingsoft Launches New Website For Mobile Phone Users

29 October 2009

Chinese software, security, and online game provider Kingsoft has announced the formal launch of its wireless Internet site, wap.shouji.cn, providing various mobile phone application services to users who surf via mobile phones.
Li Wanqiang, general manager of this new website, told local media that as the mobile phone WAP site of Kingsoft, the new website is [...]

Board Changes: Bruno Wu Dumps Shanda, Moves To Hurray

08 September 2009

On the same day Chinese online game company Shanda Interactive Entertainment Limited announced that Bruno Wu had resigned from the company's board of directors, Chinese wireless value-added services firm Hurray Holding Company Ltd. revealed the appointment of Wu to their own board.
"We highly appreciate Bruno's dedication and contribution to Shanda's fast growth over the years. [...]

China Telecom Guangdong Plans To Support Online Game Industry

04 August 2009

China Telecom Guandgong, the company's largest branch in China, has announced plans to further support the development of China's online game industry.
Based on its eight million broadband user group, China Telecom Guangdong's new plan will cover channel-sharing promotion, flexible service cooperation, online game exhibition, and online game competition.
For channel-sharing promotion, China Telecom Guangdong will launch [...]

Shanda To Spend USD46.2 Million Buying Majority Stake In Mobile Firm

09 June 2009

Ending weeks of speculation and public whining, Chinese online gaming firm Shanda Interactive Entertainment Limited is planning to buy a majority stake in wireless value-added services company Hurray.
Chen Tianqiao, chairman of the board of Shanda, stated, "We respect the work by Hurray's board and management and their efforts in defining Hurray's strategies and direction and [...]

Hurray's Mobile Revenues Fall In China As It Drops Further Investor Guidance

22 May 2009

Embattled Chinese wireless value-added services firm Hurray Holding Company Ltd. says its total revenues plummeted 18.5% quarter-over-quarter to USD11.8 million as it announced its unaudited financial results for the first quarter ended March 31, 2009, and stated it would not continue to provide quarterly guidance.
The company's USD11.8 million in total revenues was also a decrease [...]

Best Prospect Begs For Hurray To Engage In Acquisition Talks

20 May 2009

Best Prospect Overseas Limited's Jacky Tung has bedeviled Chinese wireless value-added services firm Hurray with another open letter that practically begs for more acquisition talks.
Addressing the open letter to Qindai Wang, chairman of Hurray, Tung responds today to Hurray's press release of May 14, in which the company says it is not interested in a [...]

New Venture Capital Pours In For Techfaith's Mobile Game Subsidiary In China

18 May 2009

IDGVC Partners and Infiniti Capital are splitting a USD20 million investment in a Chinese mobile gaming developer.
Based in Beijing, One Net Entertainment is targeting both the mobile and online PC gaming markets through its websites 798uu.com and 798game.com, respectively. Three massive multiplayer online role-playing games are planned to launch in 2009 for online PC users [...]

Hurray's Statement Still Leaves Doubt About Chosen Suitor

15 May 2009

After days of rumors and press releases surrounding possible acquisitions of China's beleaguered wireless value-added services firm Hurray, the company has issued a statement about where it stands on the issue.
The statement reads: "Hurray! Holding Co. Ltd. announced that it had received from Best Prospect Overseas Limited an expression of interest in acquiring a 51% [...]

Shanda Rumored To Be Buying Hurray While Best Prospect Whines About Acquisition

13 May 2009

In a letter to shareholders of Chinese wireless value-added services firm Hurray, Best Prospect Overseas Limited has stated that Hurray's management and board "seems to believe that they do not need to answer, or even listen, to Hurray!'s shareholders".
Best Prospect is trying to buy a 51% stake in the beleaguered WVAS firm, and in its [...]

China Telecom Chooses Nortel As CDMA Provider In Seven Chinese Provinces

12 November 2008

China Telecom has selected Nortel as its major provider for CDMA wireless network development in seven Chinese provinces.

KongZhong's Game Passes China Mobile's Test

12 September 2008

Chinese wireless value-added services company KongZhong (KONG) says its Tian Jie Online game passed China Mobile's testing and was launched on China Mobile's Mobile Online Game Platform two days ago.

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