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Ku6.com's Financials Show Chinese Internet Video Sector Instability
May 24, 2011Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped.
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Losses Continue In China For Internet Video Website
February 28, 2011Chinese online video portal Ku6 Media Company Ltd., which was formerly named Hurray Holding Company Ltd., said it widened its net losses as it announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.
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Youku And Tudou Are Not The Chinese Internet Video YouTubes
December 8, 2010Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.
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Rumor: Shanda To Cut Over 400 Employees In China
December 8, 2010According to rumor spreads on the Chinese Internet, Shanda Interactive Entertainment Limited, a top interactive entertainment media and online game company in China, plans to cut over 400 employees.
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Ku6 Media Posts Results From Its China Internet Business
November 15, 2010China-based Ku6 Media Company Ltd., which previously flew its technology media brand under the name Hurray Holding, announced that its net loss narrowed as it presented unaudited financial results for the third quarter ended September 30, 2010.
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Shanda's China Game Revenue Falls
September 9, 2010Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped.
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Ku6 Extends Loss From Chinese Online Video Biz After Dumping Wireless Services
August 30, 2010China's Ku6 Media Company Ltd., which boasts a new focus on Internet video services after dumping its poor wireless services offerings and its old name of Hurray, today announced its unaudited financial results for its second quarter ended June 30, 2010.
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Hurray To Sell Chinese Music, Wireless Value-added Businesses To Shanda
June 2, 2010Hurray, a subsidiary of the Chinese media and game company Shanda Interactive Entertainment Limited, has announced that it will sell its music and wireless value-added businesses to the parent company.
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Thirty Chinese Mobile Service Providers Punished For Irregular Operations
March 3, 2010According to Cctime.com, a Chinese communications industry portal, 30 Chinese mobile service providers, including Hurray and Sohu, have been punished for various irregular operations in recent weeks in Shandong.
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Wireless Revenue Slumps For Hurray In China
March 1, 2010Chinese wireless value-added services company Hurray Holding Company Ltd. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
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Looking Back At China's Top Technology News In 2009
January 7, 2010It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]
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China's Youku.com Gains Investment Of USD40 Million
December 22, 2009Chinese video website Youku.com is riding the Chinese online video bubble with an announcement that it has just completed its latest round of financing and gained USD40 million from private equity firms.
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Bad Wireless Revenues In China For Hurray
December 16, 2009Chinese wireless value-added service firm Hurray Holding Company Ltd. announced its unaudited financial results for the third quarter ended September 30, 2009.
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Hurray Buys Chinese Internet Video Firm Ku6.com
November 30, 2009The rumors from last week are correct: Chinese online video service Ku6.com has been purchased by Shanda's wireless subsidiary Hurray! Holding Company Ltd.
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Board Changes: Bruno Wu Dumps Shanda, Moves To Hurray
September 8, 2009On the same day Chinese online game company Shanda Interactive Entertainment Limited announced that Bruno Wu had resigned from the company's board of directors, Chinese wireless value-added services firm Hurray Holding Company Ltd. revealed the appointment of Wu to their own board.
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