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Alibaba Group to Pay USD 433.5 Mln to Settle Shareholder Class Action Lawsuit
Alibaba Group, 10/27/24
Chinese e-commerce giant Alibaba Group (NYSE: BABA; 9988.HK) announced today in a filing with the Hong Kong Stock Exchange that it had agreed to pay USD 433.5 mln to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices. Read More
MIIT: China's Mobile Subscriber Base Up 4 Mln in May 2024
MIIT, 6/24/24
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of May 2024, during which China's total number of mobile service subscribers increased by 4.25 mln to reach approximately 1.763 bln. Read More
MIIT: China's Mobile Subscriber Base Up 4 Mln in Apr 2024
MIIT, 5/21/24
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of April 2024, during which China's total number of mobile service subscribers increased by 4.04 mln to reach approximately 1.759 bln. Read More
MIIT: China's Mobile Subscriber Base Up 8.8 Mln in Mar 2024
MIIT, 4/19/24
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of March 2024, during which China's total number of mobile service subscribers increased by 8.83 mln to reach approximately 1.755 bln. Read More
JD.com Announces Updates of Share Repurchase Program
JD.com, 4/18/24
Chinese B2C e-commerce platform operator and retail infrastructure service provider JD.com (Nasdaq: JD; 9618.HK) today announced that, during the quarter ended March 31, 2024, the company repurchased a total of 87.5 mln Class A ordinary shares (equivalent of 43.8 mln ADSs) for a total of USD 1.2 bln. Read More
MIIT: China's Mobile Subscriber Base Up 2.4 Mln in Jan-Feb 2024
MIIT, 3/25/24
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the period from January-February 2024, during which China's total number of mobile service subscribers increased by 2.41 mln to reach approximately 1.746 bln. Read More
MIIT: China's Mobile Subscriber Base Up 470,000 in December 2023
MIIT, 1/24/24
China's Ministry of Industry and Information Technology (MIIT) has released its national telecom industry statistics for the month of December 2023, during which China's total number of mobile service subscribers increased by just 470,000 to reach approximately 1.727 bln. Read More
China's Three Main Telcos Add 25 Mln 5G Subs in December 2023
Marbridge Consulting, 1/23/24
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of December 2023, including a combined net increase of approximately 24.82 mln 5G package subscribers in China, boosting their combined 5G package subscriber base to nearly 1.373 bln. Read More
China's December 2023 Domestic Handset Shipments Up 2% YoY, Down 9% MoM
CAICT, 1/22/24
A total of 28.28 mln mobile handsets were shipped in China in December 2023, up 1.5% YoY but down 9.4% MoM, according to new figures released by the China Academy of Information and Communications Technology (CAICT), a department of China's Ministry of Industry and Information Technology (MIIT). Read More
China's Three Main Telcos Add 26 Mln 5G Subs in November 2023
Marbridge Consulting, 12/21/23
The listed arms of China's three main telecom operators have announced their subscriber totals for the month of November 2023, including a combined net increase of approximately 25.95 mln 5G package subscribers in China, boosting their combined 5G package subscriber base to nearly 1.348 bln. Read More
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