Nasdaq is losing its status in China. KongZhong, which went public as a mobile value-added service company in 2004, is …

Chinese telecom operator China Mobile held a global developer conference in Guangzhou, and Li Yue, chief executive officer of China Mobile, revealed during the conference that the company plans to launch its own-brand devices and accessories. Li said that China Mobile's own-brand devices will not lead to competition with the mobile industry. He said they […]

Chinese online firm Linktone Ltd. announced its financial results for the second quarter ended June 30, 2011, and said both that its revenue dropped in the past and will most likely continue to fall in the future. The company's gross revenues for the second quarter ended June 30, 2011, were a mere USD14 million, down […]

Chinese online media and mobile value-added services firm Sina Corporation says its profit fell more than 50% as it announced its unaudited financial results for the second quarter ended June 30, 2011. While the company's net revenues grew 20% year over year to USD119.0 million, net income attributable to Sina for the second quarter of […]

Chinese Internet search engine company Baidu Inc. and Japanese communications giant NTT DoCoMo have established a joint venture in Japan. According to reports in Chinese Internet media, NTT DoCoMo will buy two batches of newly issued shares of the joint venture this year, totaling USD22.5 million. Baidu and NTT DoCoMo will finally own a 80% […]

Chinese Internet giant Tencent has announced that it is cooperating with China Telecom and five mobile phone manufacturers in the launch of six smartphone products, which have the embedded QQ-service platforms. These six smartphone products are made by five Chinese mobile phone makers, including Huawei, ZTE, Coolpad, K-Touch, and Hisense. Based on China Telecom's CDMA […]

Chinese wireless value-added services and digital entertainment company KongZhong Corporation announced its unaudited first quarter 2011 financial results. Total revenues for the first quarter of 2011 increased 11% quarter-over-quarter to USD40.1 million. Net loss in for the quarter however was USD0.46 million, including a change in the fair value of the Dacheng contingent consideration of […]

Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped. Total revenues from continuing operations were USD6.6 million, up 178.5% from USD2.4 million in the first quarter of 2010, and down 3.0% […]

Chinese online and mobile company Tencent Holdings Limited today announced its unaudited consolidated results for the year's first quarter ended March 31, 2011. Tencent, which uses the International Financial Reporting Standards and is listed in Hong Kong, says its total revenues were USD966.8 million, an increase of 14.7% over the fourth quarter of 2010 or […]

The Russian innovation company i-Free has announced in Beijing that it will launch its top mobile phone applications products in the mainland China market. These products include PowerAMP Music Player, a non-game application; some casual games produced by Alawar Entertainment, an international publisher and distributor of casual games; Smartive, i-Free self-developed mobile software which help […]

Revenue increased slightly but full year net income dropped for Chinese wireless value-added services firm KongZhong Corporation as it announced its unaudited fourth quarter 2010 and full year 2010 financial results. Total revenues for the fourth quarter of 2010 increased 5% year-over-year to USD36.0 million, while net income in the fourth quarter was USD5.01 million, […]

Chinese wireless value-added service firm Linktone Ltd. unveiled its unaudited financial results for the third quarter ended September 30, 2010, and stated that gross revenues climbed, but profit was still small. The company had gross revenues of USD19.8 million, representing 17% sequential increase compared with USD16.9 million in the second quarter of 2010, and 43% […]

Chinese wireless value-added services company KongZhong Corporation revealed its unaudited third quarter 2010 financial results and stated its total revenues increased 7% year-over-year to USD37.67 million. However, the company says it expects total revenues for the fourth quarter to be within the range of USD35.5 million to 36.5 million. KongZhong's total gross profit for the […]

Chinese online and wireless value-added service media company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2010, and said net revenues grew 12% year over year to USD108.2 million but the company expects lower results in the following quarter. Advertising revenues grew 27% year over year to USD81.0 million, and […]

China-based Ku6 Media Company Ltd., which previously flew its technology media brand under the name Hurray Holding, announced that its net loss narrowed as it presented unaudited financial results for the third quarter ended September 30, 2010. Total revenues from the company's continuing operations, representing advertising revenues contributed by online video portal and online radio […]

Embattled Chinese wireless services firm Linktone Ltd. announced its unaudited financial results for the second quarter ended June 30, 2010, and showed a drop in both revenue and profit. Linktone's gross revenues for the second quarter were USD16.9 million, compared with USD19.0 million in the first quarter of 2010 and USD18.3 million in the second […]

Chinese mobile Internet company KongZhong Corporation today announced its unaudited second quarter 2010 financial results. Total revenues for the quarter increased 9% year-over-year to USD35.3 million and total gross margin was 48% in the second quarter of 2010, an increase of 44% from the previous quarter in 2010. Net income was USD2.6 million, and KongZhong […]

Chinese online game firm Shanda Interactive Entertainment Limited announced that it has completed its business swap with Ku6 Media Company Limited. The companies entered into the transaction on June 1, 2010. Ku6 has now acquired 75% of an online audio business from Shanda in exchange for 415,384,615 newly issued ordinary shares of Ku6, and it […]

Chinese online media company Sina Corporation today announced its unaudited financial results for the quarter ended June 30, 2010, and stated net revenues grew 10% year over year. Sina reported net revenues of USD99.4 million, compared to USD90.3 million for the same period last year. Advertising revenues for the second quarter of 2010 were USD73.1 […]

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 […]