Xunlei Partners With China Construction Bank For Pre-IPO Financing

Chinese Internet company Xunlei has formed a strategic partnership with China Construction Bank’s Shenzhen branch to gain a CNY10 billion loan and a customized capital management program for Xunlei over the next three years. Luo Lan, vice president of Xunlei, said that the cooperation aims to provide financial security for Xunlei’s rapid expansion, enhance the […]

Copyright Problems: Xunlei’s Gougou.com Terminates Chinese Search Service

Chinese Internet company Xunlei announced that its search service Gougou.com will soon terminate operations.

China’s Xunlei Preps Tech IPO Plans In The USA

China-based Xunlei Limited, a digital media content platform, announced it plans to sell 7.6 million American Depositary Shares in its initial public offering on Nasdaq.