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Market Cap of China's Listed Internet Firms Up 5.6% QoQ in Q4 2020

CAICT, 1/07/21

As good fiscal stimulus and vaccine news in countries around the world boosted global stock markets in Q4 2020, total market cap of China's publicly traded Internet companies rose 5.6% QoQ to RMB 17.8 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Number of Foreign-Invested Telecom Enterprises in China Up 39% Since End of 2019

CAICT, 7/08/20

As of the end of June 2020, China's total number of foreign-invested telecom enterprises reached 266, up more than 39% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Down 4.2% QoQ in Q1 2020

CAICT, 4/30/20

Battered by the COVID-19 pandemic in Q1 2020, total market cap of China's publicly traded Internet companies dropped 4.2% QoQ to RMB 11.10 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Number of Foreign-Invested Telecom Enterprises in China Up 21% Since End of 2019

CAICT, 4/09/20

As of the end of March 2020, China's total number of foreign-invested telecom enterprises reached 232, up more than 21% from the end of December 2019, reports the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Up 18.3% QoQ in Q4 2019

CAICT, 1/14/20

Buoyed by a general rise in the global stock market in Q4 2019, total market cap of China's publicly traded Internet companies increased 18.3% QoQ to reach a record-high RMB 11.59 trln, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Market Cap of China's Listed Internet Firms Up 0.5% QoQ in Q3 2019

CAICT, 10/15/19

The market value of China's publicly traded Internet companies continued to fluctuate in Q3 2019 against the backdrop of ongoing Sino-US economic and trade frictions, reaching a total market cap of RMB 9.8 trln, up 0.5% QoQ, reports the Policy and Economics Research Institute of the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More

Alibaba, Yunfeng Capital Lead RMB 1 Bln Investment in Cloud Storage Provider Qiniu

iHeima, 8/28/17

Shanghai-based cloud storage and computer technology developer Qiniu Information Technology recently announced completion of RMB 1 bln in Series E funding led by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA) and Yunfeng Capital, the private equity company co-founded by Alibaba Group chairman Jack Ma. Read More

Six Leading Chinese Cable TV Operators Form Cable Broadband JV

Hubei Radio & Television, 7/19/17

Beijing-based cable TV network operator Gehua Cable TV Network (600037.SH) and Hubei Radio and Television Information Network (000665.SZ) recently announced plans to establish a cable broadband joint venture, which is temporarily called the "China Broadcasting Broadband Operating Company." Read More

Enterprise Cloud Service Provider Huayun Raises RMB 500 Mln Series D+

Lieyunwang, 5/11/17

Wuxi-based enterprise cloud service provider Huayun Data Technology Services recently announced the completion of RMB 500 mln in Series D+ funding from Tongkong Investment Management, Haitong Leading Capital Management, and other investment organizations. Read More

ChinaCache to Use Youku Tudou's Wi-Fi Routers as CDN Nodes

DoNews, 8/26/15

Content delivery network (CDN) service provider ChinaCache (Nasdaq: CCIH) has reached a partnership with online video site operator Youku Tudou (NYSE: YOKU) to use Youku's Wi-Fi routers as a storage device for network content. Read More