Posts Categorized: Business


Samsung vs HTC

Smartphone boom means a record quarter for Samsung, but HTC pulls in a $101 million loss

In a very telling clash of contrasting fortunes, both Samsung (005930:KS) and HTC (TPE:2498) revealed their latest quarterly financial resul...

  • October 4, 2013
  • at 6:15 pm
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Apple India franchise stores

Apple reportedly keen to open franchise stores in 50 smaller Indian cities

Apple (NASDAQ:AAPL) looks set to try a new retail strategy in India, opening up as many as 100 Apple franchise stores in major and smaller c...

  • October 4, 2013
  • at 3:56 pm
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Alibaba invests $50 million in US-based app search engine Quixey

Chinese e-commerce giant Alibaba has invested $50 million into mobile app search engine Quixey, the California-based company announced last ...

  • October 4, 2013
  • at 12:37 pm
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mig33

First results in for mini-blog Mig33: 180,000 daily active users, 4M messages sent daily

Back in August, Mig33 said that it’s evolving to become a mini-blogging platform. While there are tens of millions of feature phone users ...

  • October 3, 2013
  • at 5:08 pm
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letv screenshot

LeTV boosts original video content with acquisition of production studio for $260 million

Chinese video portal LeTV (SHE:300104) announced today it has acquired Flower TV (花儿影视) for nearly RMB 1.6 billion ($261 million)....

  • October 1, 2013
  • at 6:21 pm
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Baidu Qunar funding

Baidu’s travel site Qunar aims to raise $125 million in US IPO

Baidu’s (NASDAQ:BIDU) online travel site Qunar has filed for its much-anticipated US IPO. The site hopes to raise as much as $125 mill...

  • October 1, 2013
  • at 10:15 am
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Xiaomi vs Qihoo battle

In a battle over pre-installed apps, Qihoo makes a new enemy in Xiaomi

China’s most combative web company, Qihoo (NYSE:QIHU), has yet another enemy. The web portal and search engine company has ruffled the...

  • September 30, 2013
  • at 3:00 pm
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Apple’s iPhone 5C is selling terribly in China

I’ve been pretty bearish on the iPhone 5C’s prospects in China since it was initially announced, and it’s no secret that t...

  • September 26, 2013
  • at 10:23 pm
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China Mobile Users in Beijing Can Get 4G Right Now_Thumbnail

China will get 4G before year’s end, says MIIT chief

It has been speculated for quite a while that China would be getting its first 4G network this year, and the fact that even the State Counci...

  • September 26, 2013
  • at 9:00 am
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Thai IT industry focuses on iOS and Android, not so much on cloud computing

Engineers and developers in Thailand are focusing on making smartphone apps and developing for trendy niches like business intelligence. Tho...

  • October 4, 2013
  • at 5:30 pm
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twitter sina eye

How Twitter’s IPO affects Sina Weibo

Sina (NASDAQ:SINA) investors are keeping a watchful eye on the news about Twitter‘s IPO. Despite the Chinese web giant’s more ...

  • October 4, 2013
  • at 1:00 pm
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the-great-gatsby-toast

Lessons and impact: the Rocket Internet empire in Asia

Rocket Internet is an incubator that hatches online businesses across the world. In Asia, Stefan Jung co-founded and spearheaded its operati...

  • October 3, 2013
  • at 9:38 pm
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metal gear solid social ops gree

GREE offers voluntary retirement to 11% of workforce, shuts Osaka office

Today it came to light that GREE is planning to offer voluntary retirement plans to about 200 employees, or 11 percent of its entire workfor...

  • October 3, 2013
  • at 10:21 am
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BlackBerry

BlackBerry was close to a joint venture in China, but the plan came to nothing

The Globe and Mail’s chronology of BlackBerry’s crumbling empire includes a fascinating – and overlooked – section on a top ...

  • October 1, 2013
  • at 3:30 pm
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Prices emerge for China Mobile’s 4G TD LTE network

We know officially that China is getting 4G this year and that the first network on offer will be China Mobile’s TD-LTE network. Now, ...

  • October 1, 2013
  • at 3:15 am
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china-internet-cafe-thumb

Shanghai’s new free trade zone bans online gaming, internet cafes, and media businesses

Shanghai’s local government this morning announced a series of measures to control foreign investment in its newly-launched free trade zo...

  • September 30, 2013
  • at 2:30 pm
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Thai telcos talk about the chat app era (INTERVIEW)

We’ve noticed the trend of chat apps becoming more and more popular in Asia. It’s basically destroying SMS in India as Indians now only ...

  • September 26, 2013
  • at 4:00 pm
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China’s new visa rules screw over startups and entrepreneurs

Foreign entrepreneurs constantly face the risk of being forced out of China. Visas have never been a ‘sure thing’ here, and the uncertai...

  • September 25, 2013
  • at 6:00 pm
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