Chinese social networking site Renren.com filed plans to sell up to nearly USD675 million worth of shares in an initial public offering in the United States this year.
Chinese Internet community website Tianya.cn has announced that it completed a buy-back of a stake previous held by Google, which invested in Tianya.cn in 2007, and the company now plans to start expanding into the overseas markets by opening offices in Singapore and the U.S. in the first half of 2011.
According to a document submitted by Qihoo 360 to the U.S. supervision organization, the Chinese Internet security company plans to launch its initial public offering in New York Stock Exchange, with the share code of QIHU.
Chinese B2C e-commerce website Dangdang.com has announced that it will continue to follow a low-price strategy for its users and has invested CNY40 million to launch promotional activities, covering books, digital products, cosmetics, and maternal and baby products.
Amidst a shuffle of blog posts and news reports in China, rumors are forming that Chinese e-commerce company Dangdang.com is planning an initial public offering on Nasdaq sometime in the next few weeks.
Chinese Internet shopping website Dangdang.com, which focuses on the sale of books, has confirmed that Conor Yang, former chief financial officer of AirMedia Group, has joined the company as chief financial officer, preparing for the initial public offering of Dangdang.com.
