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Rumor: Telstra to Acquire Pacific Online
Sohu IT, 7/31/13
According to industry insiders, Australian telecom operator Telstra will soon announce the acquisition of Chinese vertical portal operator Pacific Online (0543.HK) for USD 800 mln. Read More
Rumor: Mobile Photo-Sharing Startup Wins Angel Funding
DoNews, 5/04/11
An industry source has revealed that Wang Feng - former senior VP of Beijing-based software company Kingsoft (3888.HK), founder and CEO of game maker Linekong, and venture capitalist - recently invested in Chinese mobile photo SNS startup TuiTu (Mzpai.com). Read More
CBSi Acquires Three Vertical Websites
Sina Tech, 1/14/11
CBSi Consumer Group, which operates Chinese IT products portal ZOL (www.zol.com.cn), recently completed acquisitions of three vertical marketing websites: fashion and cosmetics site Haibao.cn, cosmetics and beauty products site Kimiss.com, and dream interpretation site 51jiemeng.com. Read More
Pacific Online H1 2010 Profit Up 64% YoY
Hong Kong Exchange, 8/23/10
Chinese vertical portal operator Pacific Online (0543.HK) has announced its unaudited financial results for H1 2010, with revenue up 43% YoY to reach RMB 202.6 mln compared to RMB 141.8 mln for the six months ended June 30, 2009. Read More
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