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Communications PaaS Provider Speedtong Lands USD 70 Mln Series C

36Kr.com, 7/05/16

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

Communications PaaS 'Cloopen' Lands USD 4 Mln Funding

36kr, 11/28/13

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

Rumor: Suspects in China Mobile Data Services Scandal Exceed 60

itxinwen.com, 6/01/11

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

Sina Q2 2010 Profit Up 89% YoY

PRNewswire-Asia, 8/05/10

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

Linktone Q1 2010 Profit Down 71% YoY

Linktone PR, 5/21/10

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

KongZhong Q1 2010 Profit Up 26% YoY

KongZhong PR, 5/19/10

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

Sina Q1 2010 Profit Up 152% YoY

PRNewswire-Asia, 5/18/10

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

Linktone Q4 2009 Net Loss Nears USD 2 Mln

Linktone Press Release, 3/19/10

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

China Telecom Launches New Open Development Platform

Molei.net, 12/02/09

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

Linktone Records Q3 2009 Net Profit of USD 700K

PR Newswire, 12/01/09

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