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Sohu Unifies User Accounts across 6 Platforms
[Translate] Sohu.com Inc. (NASDAQ: SOHU) announced lately that the user accounts for six of its interactive products will be unified as of December 1 of this year, including My Sohu(i.sohu.com), Sohu Microblog(t.sohu.com), Sohu Video (tv.sohu.com), Sohu Blog(blog.sohu.com), Sohu Pinglun (a news comments aggregator that aggregates all the hot comments on Sohu News, pinglun.sohu.com), and Sohu’s...
6 Startups Make It to the TechCrunch DisruptBJ Battlefield Final!
[Translate] Out of the 500+ companies that submitted their applications to TechCrunch Disrupt, 17 startups each had 6 mins to present their products and service at the Startup Battlefield of TC Disrupt Beijing conference yesterday. This morning, the final six are annouced which will have their very final Battlefield in front of a panel of all-star...
Baidu Launches Baidu Yi, Partners with Dell on Devices
[Translate] China’s top search engine Baidu Inc. recently launched a new mobile software platform, Baidu Yi (meaning “easy”), previewed at its annual World forum in Beijing. According to people familiar with the matter, Dell is teaming up with Baidu for manufacturing mobile devices and smartphones based on the Yi platform, which is expected to unveil...
Sohu Announces US$100 Million Stock Buy-back Plan
[Translate] Aug. 29, 2011, Sohu.com Inc. (Nasdaq: SOHU)announced that its Board of Directors has authorized the company’s plan to buy back up to US$100 million of the outstanding American Depositary Shares (ADS) of Changyou.com Limited (Nasdaq: CYOU), Sohu’s online gaming subsidiary, and/or outstanding shares of common stock of Sohu over a one-year period from Sep.1, 2011...
Hudong, China’s Wikipedia, Obtains US$15.6 Million Third Round
[Translate] Pan Haidong, CEO of Hudong.com, announced on Weibo that the company has recently raised RMB100 million (US$15.6 million) in its third round of financing. The company intends to use the fundding to accelerate monetization and to enhance its presence in the mobile Internet sector. Founded on July 18th, 2005 at Zhongguancun (Chinese Silicon Valley),...
Mecox Lane Stock Price Has Dropped 90% Within A Year
[Translate] Due to the stock market wobbles in the past few weeks, not only the market lost ground, but also brought disaster to some US- listed Chinese companies. Mecox Lane Limited, China’s leading online retailer of apparel and accessories(M18.com), who got listed on NASDAQ for less than a year, has dropped from $17.26 to less...
Sogou claims to Overrun Google China in a Year
[Translate] After Google’s pulling out of mainland China, the world’s biggest internet market last year, it left a huge market share for many competitors looking for a piece of the lucrative pie. Sogou, the search engine unit of Chinese portal Sohu.com, is aiming to overtake Google Inc by market share in China within a year,...
Meituan Obtains Eight-digit USD Second Round Funding
[Translate] Chinese group buying site Meituan, has announced that it recently obtained tens of millions USD sum in its second-round funding, from Chinese B2C e-commerce giant Alibaba Group, Northern Light Venture Capital and its first round investor Sequoia Capital. The site targets sales of RMB 1.6 billion this year, according to the source. Meituan said...
Seven China IPOs Raised $1.3 Billion in First Half
[Translate] Built on last year’s strong activity with a record of 22 Chinese IPOs in 2010, the NYSE maintains its leading position in attracting Chinese listings this year. Statistics released by NYSE show that, by June 30, there are already 7 Chinese firms went public on NYSE in the first half of the year. Out...
Sina Weibo Teams up with Find Japan for Local Expansion
[Translate] Jun.28, on the press conference in Tokyo, Find Japan announced that it would partner with Sina Corp. to market its Twitter-like Weibo service in Japan. Sina will authorize Find Japan as the exclusive partner to verrify celebrity Weibo accounts in Japan, which means Sina weibo officially taps into Japanese market. The service is set...
Food SNS Douguo Raise US$ 1.54 million in Shanda Funding
[Translate] June 24, China’s first and one of the largest food recipe sharing SNS Douguo.com announced the winning of first round funding of up to RMB 10 million (US$ 1.54 million) from Chinese online game vendor Shanda Interactive, which is a record high in the food SNS field and the first investment made by Shanda...
Diandian Founder Jack Xu: we grow as five times as the rate of Facebook
[Translate] June 21, Diandian.com held its press conference to celebrate its million users and moving out from Innovation Works, the startup incubator founded by Kaifu Lee. Diandian founder Jack Xu stated on the conference, the number of Diandian register users has reached 1 million on June 3rd, which means Diandian gains 11 users every minute...
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