Rumors about hardware are flying. What’s for sure is 2013 will turn out to be a year of hardware to China’s tech industry. Aliyun Set-top Box It is reported that Aliyun plans to launch a set-top box. Different from what LeTV and PPTV do — partnering with license holders for content, Aliyun set-up box will […]
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Youku Joining in China’s Already-crowded Internet TV Market
Youku Tudou, one of the leading online video services in China, reportedly is working on an Internet TV strategy. A R&D team and a large amount of money have been in place for developing a set-top box and Internet TV. (via Sohu IT) iQiyi, the online video service of Baidu’s, has reportedly reached partnership with TV […]
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Chinese Online Video Sites Closer to Breaking-even
Gong Yu, CEO of iQiyi, expected online video ad rates to go up by 30% in the first half of 2013. At the same time, video copyright prices decreased by an average of one third in 2012 year-on-year, according to the same report. The Youku-Tudou merger that happened in last year stopped the competition in video […]
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PPTV and WASU to Team Up and Bring Innovation to Internet TV in China
This post was contributed by Josh Fenn. PPTV and WASU, two of the most popular internet video-on-demand services in China, announced plans to form a strategic partnership and enter the internet TV space at this year’s Consumer Electronics Show in Las Vegas. During the announcement, WASU president Mr. Qiang Cao and PPTV CEO Dr. Vincent […]
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PPTV will go IPO in 6 months
PPTV, the leading peer-to-peer video download services in China, will go for IPO in the U.S. in 6 months, said an investment banking source. Founded in 2004 as PPLive, the Shanghai base was one of the first China online video media. It changes its name to PPTV in 2010 to better reflect its business. Most people […]
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M & A: Good Solution for China Video Sites, For Now
There is speed, and there is Chinese speed. Everything seems to happen faster in China, and such seems to be the same for online video sites. Only last year, these sites were flushed with cash, and they were paying obscene amount of money for contents. This year, however, has been a different story. Money seems to have disappeared like Houdini, not only are the sites lowering their offer for TV dramas and movies, but many of them seem to be incapable of carrying on.
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Baidu Releasing Revamped Homepage and Mobile Platform At Annual Conference
At today’s Baidu World 2011 annual conference, Robin Li, founder and CEO of the China’s largest search engine, announced that the internet powerhouse is releasing a revamped homepage with customization feature that let users personalize their Baidu homepage by adding in several new modules including “Bookmarks”, “Apps”, “Feeds”, “Search Trends”. The new homepage is a […]
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Youku acquiring Tudou rumor signals cost and copyright problems in online video market
It’s rumored that Youku is planning acquire Tudou in the wake of the latter’s IPO halt. According to people involved with Tudou’s IPO process, the company has been drifting apart from investment banks, “With ever-rising copyrighted content prices and competitors has gone(Youku) or about to go(Xunlei, PPStream) IPO, the only way Tudou’s investors could make […]
