Chinese Internet video company Letv.com has announced that it will invest about CNY6.3 million to set up wholly-owned subsidiaries in Hong Kong and Taiwan to expand the overseas market and improve its visibility.
Earlier this month, Chinese online video website Ku6.com announced it was downsizing staff by up to 20%. But now local media reports state those layoffs are not legal.
Chinese 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.
Chinese Internet video website Ku6.com has announced that to simplify operations, control costs, and improve efficiency, the company has decided to restructure its sales department.
Chinese online video website Youku.com Inc. today announced its unaudited financial results for the first quarter ended March 31, 2011, and provided investors with an 8% net loss.
Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.
Chinese Internet video company Ku6.com has announced that Li Shanyou, founder and chief executive officer of Ku6.com, has resigned for career development reasons; however, he will still be director of the company and will offer operational guidance for Ku6.com.
Chinese online video website Youku.com Inc. announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.
Chinese 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.
Chinese online game developer and operator The9 has announced that it has reached an agreement with Walt Disney Company (Shanghai) to distribute game contents that include Disney cartoon characters on the Chinese mainland.
Huanqiu.com, the website sponsored by Global Times, has confirmed to Chinese media that it will cooperate with the Internet video website Ku6.com to launch a new online movie channel.
China-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.
Chinese video website Letv.com and China Research Society of Urban Development have signed a strategic agreement to jointly provide video technical platform support to hundreds of cities across China.
Chinese video technology company Bokecc.com has announced on its official website and microblog that its new third-party service platform based on the cloud computing technology will soon be launched.
China’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.
Chinese video website Tudou.com has announced that it has completed its fifth round of financing and has gained new investments of USD50 million, including USD35 million from Singapore-based Temasek Holdings.
A representative from China Hualu Group has revealed that the video website Hualu5.com developed by its subsidiary Hualu Culture Industry Company is expected to be launched in a month.
Hurray, 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.
Xia Xiaohui, deputy general manager of China Network Television (CNTV), revealed during an Internet economy development forum in the Yangtze River Delta that CNTV.cn and CCTV.com will be merged at the end of May 2010 and CCTV.com will become a sub-brand of CNTV.cn.
Chinese Internet portal Sohu.com Inc. says its revenues rose by 12% year-over-year as it reported unaudited financial results for the first quarter ended March 31, 2010.
Chinese video website Youku.com has launched an independent video search website Soku.com, which allows users to search for videos on Youku.com as well as those on other websites.
Chinese Internet portal Sohu.com has announced the official launch of the new 2.0 edition of its Sogou browser.
Chinese video website Youku.com has announced that it has reached an agreement with the South Korean television station SBS to buy all TV series produced by the TV station.
Nasdaq OTCBB-listed Mezabay International Inc., Singapore’s Legend Venture Pte Ltd., and Beijing Mayi Interactive Network Technology Company Ltd. have signed an investment agreement, under which Mezabay will acquire a 51% stake in Mayi.com.
Qiyi.com, the independently operated video website created by the Chinese search engine Baidu Inc, has launched its beta test and is now open to invited users.
As news that Tom Online has ended its relationship with Google, the Chinese Internet community Tianya.cn has now announced that as a result of Google’s relocation of its Chinese business from the Chinese mainland to Hong Kong, Tianya.cn will suspend cooperation of several projects with Google.
Chinese online game operator 9you.com has announced that the company has gained an Information Network Communicated Audio-Video Program License, with the license number of 0910541, enabling it to operate online video businesses in China.
According to local media reports, rival Chinese video websites Youku.com and Tudou.com have formed an alliance and jointly launched a new online video joint broadcast model, sharing the copyright of each other’s exclusive videos.
