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Beijing-based integrated voice and communications platform operator Speedtong Information Technology recently announced completion of USD 70 mln Series C funding led by Sequoia Capital with participation from Series B investor Trust Bridge Partners and new international strategic investors. Read More
Beijing-based Speedtong Information Technology, a subsidiary of Hisunsray Information Technology and operator of cloud communications PaaS (Platform as a Service) Cloopen, has announced the closing of USD 4 mln in series-A funding from Sequoia Capital, to be used primarily for R&D, hiring of additional personnel, and advertising purposes. Read More
An industry source recently told Economic National Weekly that the investigation of Ma Li, VP of data services at China Mobile (NYSE: CHL; 0941.HK), has grown to encompass more than 60 suspects and persons of interest throughout government, telecom operators, and WVAS providers. Read More
Chinese online media company and wireless value-added service (WVAS) provider Sina (Nasdaq: SINA) has announced its unaudited financial results for the quarter ended June 30, 2010, with net revenues up 10.1% YoY to USD 99.4 mln. Read More
Chinese wireless value-added service provider Linktone (Nasdaq: LTON) has announced its unaudited financial results for the first quarter ended March 31, 2010, with net revenues up 28.6% YoY to reach USD 18.4 mln. Read More
Chinese mobile Internet company KongZhong (Nasdaq: KONG) has announced its unaudited financial results for the first quarter ended March 31, 2010, with total revenues up 37% YoY to USD 40.64 mln, above KongZhong's revised Q1 2010 revenue guidance of USD 37.5 mln. Read More
Chinese online media company and wireless value-added service (WVAS) provider Sina (Nasdaq: SINA) has announced its unaudited financial results for the quarter ended March 31, 2010. Read More
Chinese wireless value-added services provider Linktone (Nasdaq: LTON) has announced its unaudited financial results for the fourth quarter and fiscal year 2009, with total revenues for Q4 2009 reaching USD 15.4 mln, down 20.6% year-on-year and up 11.6% quarter-on-quarter. Read More
According to a representative from China Telecom's (NYSE: CHA; 0728.HK) research institute, China Telecom's "Open Abilities" initiative has been listed as a major national project. Read More
Chinese wireless value-added services provider Linktone (Nasdaq: LTON) has announced its unaudited financial results for Q3 2009, with gross revenues reaching USD 13.8 mln, down 16.9% year-on-year and down 24.6% quarter-on-quarter. Read More