Searching for "home shopping"
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TV and online shopping channel operator Happigo Home Shopping (300413.SZ), a subsidiary of Hunan Broadcasting System (HBS) company Mango Media, recently announced that the China Securities Regulatory Commission has approved its major asset restructuring and RMB 2 bln fundraising program, under which it will acquire five HBS subsidiaries including Kuaile Yangguang Interactive Entertainment Media (Mango TV), online and mobile game developer Mango Interactive Technology, TV production firm EE-Media, film studio Mango Studios, and entertainment content developer Mango Entertainment for a total of RMB 11.5 bln. Read More
According to an investor in Chinese media conglomerate Shanghai Media Group (SMG), e-commerce giant Alibaba Group (NYSE: BABA) will make an RMB 9-digit strategic investment in an unnamed publicly traded media company. Read More
Chinese media company Shanghai Media & Entertainment Group (SMEG) has announced that the company will merge two of its subsidiary companies, TV service operator BesTV New Media (600637.SH) and media company Shanghai Oriental Pearl Group (600832.SH), as well as carry out a non-public share issuance for the newly merged company. Read More
CCTV Home Shopping (IGoCCTV.com) recently announced a RMB 10 bln procurement plan and its strategic supplier policy during a recent meeting in Beijing. Read More
Japanese consumer electronics manufacturer Casio announced yesterday that it has discovered numerous Chinese websites reselling Casio watches fraudulently claiming to be authorized resellers. Read More
According to China's State Administration of Radio, Film and Television (SARFT), China's TV and radio broadcasting industry revenue exceeded RMB 210 bln in 2010, with CCTV, Shanghai Media Group (SMG), and Hunan Broadcasting System (HBS) each taking in over RMB 10 bln in revenues. Read More
The Shanghai Administration of Industry and Commerce (SHAIC) has begun monitoring sales of 3C products (digital cameras, video cameras and mobile phones) by six TV and online shopping firms in response to a recent rash of consumer complaints. Read More
China's State Administration of Radio, Film and Television (SARFT) has officially released regulations for broadcast television advertising to take effect January 1, 2010, as well as a notice tightening regulation of paid programming and home shopping channels. Read More
Li Ruigang, VP of the Shanghai Media Group (SMG) recently stated SMG will transform into a holding corporation. Read More
Chinese television shopping revenue reached RMB 15.6 bln in 2008. Read More