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21Vianet Q2 revenue, profit decline, net loss narrows

Published 23 Aug 2017 13:07 CET | China

Chinese data centre operator 21Vianet saw its second-quarter revenues reach CNY 878.7 million (approximately USD 129.6 million), down from CNY 910.8 million in the same ...

China Telecom's H1 profit jumps 7%, revenue up 4%

Published 23 Aug 2017 12:27 CET | China

China Telecom reported operating revenues of CNY 184.1 billion in the first half of 2017, which represents an increase of 4.1 percent year-on-year. Service revenues amounted ...

Tencent becomes NFL's streaming partner in China

Published 23 Aug 2017 07:41 CET | China

The National Football League (NFL) and Tencent have signed a 3-year partnership agreement to make Tencent Sports the exclusive live streaming partner of the American football ...

China operators add nearly 24 million 4G customers in July

Published 23 Aug 2017 07:32 CET | China

China Mobile added 3.35 million new mobile customers in July, ending the month with a total of 869.8 million customers. China Telecom attracted 2.98 million new mobile ...

YY reports full exercise of over-allotment option

Published 18 Aug 2017 13:31 CET | China

Chinese online social platform YY has announced that the underwriters of its previously announced offering of 5.75 million American depositary shares have fully exercised ...

Alibaba nearly doubles quarterly profit as sales jump 56%

Published 18 Aug 2017 10:42 CET | China

Alibaba nearly doubled its net profit in the e-commerce giant's fiscal first quarter to June, as sales growth exceeded its annual forecast. Net profit rose to CNY 14.683 ...

China Unicom's H1 profit jumps 69%, revenue declines

Published 16 Aug 2017 21:31 CET | China

China Unicom saw its profit jump 68.9 percent year-on-year to CNY 2.42 billion in the first six months of 2017. The group reported total revenue for the first half of 2017 ...

Tencent's Q2 profit jumps 68%, revenues climb 59%

Published 16 Aug 2017 21:07 CET | China

Chinese internet group Tencent reported second-quarter total revenues of CNY 56.6 billion (approximately USD 8.35 billion), which represents an increase of 59 percent ...

Chinese internet majors to invest in telecom operator Unicom

Published 16 Aug 2017 16:08 CET | China

China's top internet companies have agreed to invest in telecom operator China Unicom, marking a new step in opening up the state-controlled telecom sector to outside ...

YY prices American depositary share offering

Published 16 Aug 2017 14:55 CET | China

Chinese online social platform YY has announced the pricing of 5.75 million American depositary shares, each representing 20 Class A common shares of the company at USD 70 ...

China tops 751 million internet users in June

Published 16 Aug 2017 09:30 CET | China

China's internet user base jumped 5.86 percent year-on-year to 751.16 million in June, equivalent to a penetration rate of 54.3 percent, according to a report from China ...

Coolpad to launch Cool Play 6 smartphone in India on 20 August

Published 15 Aug 2017 14:40 CET | China

Chinese smartphone maker Coolpad will launch its Cool Play 6 smartphone in India on 20 August. According to Coolpad's official Facebook page, Coolpad will announce pricing ...

Spreadtrum launches lines of LTE SoC platforms

Published 15 Aug 2017 11:34 CET | China

Spreadtrum successfully held on 15 August its 2017 Global Partners Conference, "Infinite Chip, Infinite Intelligence", in Shenzhen. Intel, China Mobile, China Unicom, China ...

YY launches 5.7 mln American depositary share offering

Published 15 Aug 2017 10:51 CET | China

Chinese online social platform YY has launched an offering of 5,750,000 American depositary shares (ADSs), each representing 20 Class A common shares of the company. YY will ...

Netflix intros first Chinese language original series

Published 15 Aug 2017 09:14 CET | China

Netflix has introduced the first Chinese language Netflix original series from Taiwan: Bardo. The eight-episode thriller will be available to all Netflix members around the ...

China Unicom H1 profit up 69% on lower revenues

Published 14 Aug 2017 09:08 CET | China

China Unicom said it expects its service revenue for the first half of 2017 to reach CNY 124.1 billion, which represents an increase of 3.2 percent year-on-year. Mobile ...

Facebook tests 'Moments' lookalike app in China

Published 14 Aug 2017 08:46 CET | China

It shares the look, function and feel of Facebook's Moments app, but Colorful Balloons connects users through China's biggest social network, WeChat. The app is designed to ...

China app developers accuse Apple of monopolistic behavior

Published 12 Aug 2017 08:03 CET | China

A group of 28 Chinese app developers has filed a complaint against Apple, accusing the US-based giant of antitrust violations over the App Store. The Chinese app developers ...

YY's Q2 profit jumps 67%, revenue grows 31%

Published 11 Aug 2017 14:33 CET | China

Chinese online social platform YY achieved net revenues of CNY 2.6 billion (approximately USD 384.8 million) in the second quarter of 2017, which represents an increase of ...

NASDAQ accepts ChinaCache plan to regain compliance

Published 11 Aug 2017 09:21 CET | China

The NASDAQ Stock Market has granted Chinese internet content and application delivery services provider ChinaCache International an exception to file its Form 20-F for the ...

21Vianet prices USD 200 mln note offering

Published 11 Aug 2017 07:19 CET | China

The holders of the notes will have the right to require the company to repurchase for cash all of their notes or any portion of the principal thereof that is equal to USD ...

China Mobile's H1 revenue grows 5%, profit up 3.5%; offers special dividend

Published 10 Aug 2017 09:42 CET | China

China Mobile posted operating revenue of CNY 388.9 billion for the first six months of 2017, which represents an increase of 5 percent from the year-earlier period. EBITDA ...

Oppo launches FC Barcelona edition of R11 handset

Published 10 Aug 2017 09:24 CET | China, Spain

Chinese handset maker Oppo has announced the launch of a special FC Barcelona edition of its popular R11 handset. The device features a rear case with the blue and claret ...

Sina's revenues jump 47%, profit nearly halves in Q2

Published 09 Aug 2017 14:57 CET | China

Chinese internet portal Sina saw its revenues increase 47 percent year-on-year to USD 358.9 million in the second quarter ended 30 June. Advertising revenues jumped 44 ...

Weibo's Q2 revenues jump 72%, profit up 184%

Published 09 Aug 2017 14:35 CET | China

Chinese messaging service Weibo reported revenues of USD 253.4 million for the second quarter ended 30 June 2017, which represents an increase of 72 percent year-on-year, ...

 

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