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With China's Travel Sector Possibly Depressed, What Will Qunar.com Do With Investment Money?
April 16, 2013With worries that the new bird flu outbreak could constrict the Chinese travel sector, tourism company Qunar.com has plowed ahead and closed its latest investment round, gaining USD57 million from Baidu.com, Hillhouse Capital, and GGV Capital.
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SAP May Launch IPO In Shanghai
November 28, 2012German software giant SAP is reportedly preparing a listing on the Shanghai Stock Exchange, aiming to gain financial support from the Chinese market.
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Chinese Company YY Submits IPO Application In U.S.
October 24, 2012Chinese social networking VoIP company YY Inc. is tempting fate with its just-submitted initial public offering application to the U.S. Securities and Exchange Commission.
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China's 360buy.com Launches Overseas Service In Potential IPO Move
October 24, 2012With an eye towards a potential overseas initial public offering, Chinese B2C e-commerce website 360buy.com has started the public beta testing of its English-language website, directly selling products to overseas buyers.
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Nokia To Build Innovation Center In Beijing
September 27, 2012Nokia will build an experience innovation center in Beijing to provide a mobile Internet entrepreneurial solutions platform; serve developers and entrepreneurs; and promote the building of a world-class software ecological park in Beijing.
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UCWeb CFO: UCWeb To Launch IPO In 2013
August 21, 2012Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg's office in San Francisco that the company plans to launch its initial public offering in 2013.
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China's Meituan.com Reports Semi-annual Sales Of CNY1.916 Billion
July 10, 2012Chinese group buying website Meituan.com published its latest sales statistics, claiming that the company achieved sales of CNY440 million in June 2012.
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Apple Settles China Trademark Spat For USD60 Million
July 2, 2012By paying only USD60 million, Apple appears to have gained the upper hand in a trademark dispute against a Chinese technology company.
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Internet Death Knell As Group Discount Buying Websites Merge In China
June 28, 2012Ftuan.com, a Chinese group buying website, and Gaopeng.com, the joint venture between Tencent and Groupon, have reportedly completed their merger and integration, and the new company will be led by Lin Ning from Ftuan.com.
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AdChina's IPO Reveals Worries Of Foreign Investment In Chinese Internet Sector
February 20, 2012AdChina Ltd., an Internet advertising company in China, has issued its draft prospectus for an eventual initial public offering of its Cayman Island entity on Nasdaq under the symbol ADCN.
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Rovio Eyes IPO In Hong Kong In 2013
December 23, 2011Rovio, developer of the gaming application Angry Birds, reportedly plans to launch IPO in Hong Kong in 2013.
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Foreigners Can Now Invest In Xinhua News Agency's Video Offspring
December 12, 2011China Xinhua News Network Corporation, the Chinese state-owned television network owned by the Xinhua News Agency, announced that the restructuring and listing of the video assets of the Xinhua News Agency has been completed in Hong Kong, providing international capital market platform support to the development of the overseas television business of Xinhua News Agency.
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Top Executives Quit Chinese Internet Advertising Company
November 9, 2011Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.
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Lenovo's Founder Liu Chuanzhi Steps Down
November 3, 2011Liu Chuanzhi, Lenovo Group's founder and chairman, is moving aside for CEO Yang Yuanqing to assume the dual role of chairman and CEO.
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China's Tudou Disappoints On First Day Of Trading
August 18, 2011Tudou means potato in Mandarin Chinese, and online video website Tudou.com's market debut today showed the company was more of a couch potato as it lazily watched its overvalued aspirations sink on the first day of trading.
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