Searching for "market entry"
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According to an industry insider, Hangzhou-based Tiange Group, operator of online karaoke SNS 9158.com, online video chat platform Sina Show (show.sina.co.cn), and microblog-based interactive video community V-girl (vgirl.weibo.com), plans to raise approximately USD 300 mln (HKD 2.34 bln) through an initial public offering on the Hong Kong Stock Exchange (HKSE) as early as H2 2014. Read More
Informed sources close to Facebook revealed that Mark Zuckerberg has made many private trips to China to meet with Chinese web site managers allegedly regarding the acquisition of a Chinese website for the purpose of entering the Chinese market, according to foreign media reports. Read More
Li Guoqing, CEO of Chinese B2C e-commerce site Dangdang (NYSE: DANG), said today that the profit margins on e-book sales are considerably higher than those from sales of printed materials, reaching an estimated 20%. Read More
China's Energy Efficiency Restrictions and Efficiency Rankings for Flat-Panel Televisions, issued by the China National Institute of Standardization's National Standardization Technical Committee 20 on Energy Fundamentals and Management, take effect starting today. Read More
Chinese department store chain Intime Group has announced that its apparel e-commerce site Yintai.com would begin accepting public registrations today in advance of an expected October launch. Read More
Lv Wensheng, CEO of Chinese video site Joy.cn, has responded to rumors that Joy.cn would partner with YouTube on the site's entry to the China market, saying that the two companies had not formally decided on any partnership. Read More
In a speech at Tsinghua University in Beijing yesterday, Hulu CEO Jason Kilar said Hulu plans to eventually launch services in China, and is currently considering allowing users to upload videos. Read More
Industry sources have revealed to Marbridge that Facebook's rumored China entry plans may have been spawned from misinterpretation by Chinese media of a recent job posting from an unrelated social game developer. Read More
Baidu (Nasdaq: BIDU) chairman and CEO Robin Li posted the question "Should Baidu enter the Hong Kong market?" on Baidu Post Bar yesterday morning. Read More
Chinese online video content provider Netmovie has announced the formation of Beijing Netmovie Digital Cinemas, thereby entering the cinema distribution market. Read More