Posts Tagged: earnings

tumbleweed

Renren, once hailed as China’s Facebook, is dead in the water as active user numbers drop

Renren, the social network once lauded as “China’s Facebook”, is on a slow and agonizing path towards its own vanishing point.

  • August 28, 2014
  • at 3:11 pm
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Youku mobile

Youku reaches half billion visitors for first time, but share price tumbles on pessimism

Youku reached 500 million monthly unique visitors for the first time, the company said today in its Q2 2014 earnings report.

  • August 20, 2014
  • at 11:19 am
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Weibo grows to 156.5 million monthly active users, but still losing money in Q2 2014

Weibo grows to 157 million monthly active users, but still losing money in Q2

The Twitter-esque Sina Weibo (NASDAQ:WB) is now up to 156.5 million monthly active users (MAUs), according to the company’s Q2 2014 earnin...

  • August 15, 2014
  • at 11:24 am
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Gree admits failure with browser-based mobile gaming, shifts half of workforce to make native games for iOS and Android

In response to crashing revenue and net income, Gree is leaving browser games behind in favor of native mobile games.

  • August 13, 2014
  • at 4:39 pm
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Facebook Asia ARPU is $1

Facebook hits new milestone, now makes an average of $1 from each of its 410 million active users in Asia

The newest Q2 2014 earnings release from Facebook shows yet more strong growth for the social network in Asia.

  • July 24, 2014
  • at 5:05 pm
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Alibaba issues new IPO filing, reveals people spent $272 billion on Taobao and Tmall in past year

Alibaba issues new IPO filing, reveals people spent $272 billion on Taobao and Tmall in past year

China’s ecommerce titan Alibaba filed new information with the SEC overnight. It includes details about spending and growth on its two mai...

  • June 17, 2014
  • at 11:02 am
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Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

Weibo just released its first earnings report since IPO, racks up a $47.4 million loss

China's Weibo pulled in $67.5 million in revenue in Q1 2014. This is the first earnings report since its IPO.

  • May 22, 2014
  • at 10:54 am
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Facebook numbers in Asia

Facebook still unstoppable as it grows to 390 million active users in Asia

Facebook now has 390 million monthly active users (MAUs) in Asia, from a grand total of 1.276 billion around the world.

  • April 24, 2014
  • at 11:57 am
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Alibaba thumbnail - logo

Alibaba’s profit doubles to $1.36 billion in Q4 ahead of long-awaited IPO

The Chinese ecommerce juggernaut pulled in US$3.06 in revenue in Q4 2013, which is up 66 percent on the same period a year before.

  • April 16, 2014
  • at 10:44 am
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tokopedia-5th-thumb

Tokopedia turns 5 years old, touts 24 million products sold last year

Tokopedia is one of Indonesia’s largest marketplace sites. The startup shares a few new stats on its fifth anniversary.

  • August 20, 2014
  • at 1:30 pm
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JD boosted by WeChat, sees $10 billion in consumer sales in Q2

JD gets online shopping boost from WeChat, sees $10 billion in consumer sales in Q2

JD, China’s second biggest ecommerce company, saw RMB63.0 billion (US$10.2 billion) in consumer sales in Q2 2014, the firm revealed today.

  • August 15, 2014
  • at 6:21 pm
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Boosted by WeChat, China's mobile gaming market worth $590 million in Q3 2013

WeChat reaches 438 million monthly active users as growth slows

WeChat is now at 438.2 million monthly active users (MAUs). The messaging app helped Tencent pull in over US$480 million from social gaming ...

  • August 13, 2014
  • at 5:17 pm
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Baidu's search engine reaches 500 million active users on mobile

Baidu’s search engine reaches 500 million active users on mobile

Baidu CEO Robin Li hails the fact that the company’s mobile revenue now accounts for 30 percent of the web giant's total revenue.

  • July 25, 2014
  • at 4:14 pm
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 Apple sees growing $5.94 billion revenue in China from April to June

China excites, Japan disappoints in Apple’s newest earnings

Apple’s newest financial earnings report (for fiscal 2014 Q3; or April to June in human time) shows stellar growth in China.

  • July 23, 2014
  • at 1:18 pm
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profits

Never made a profit? Don’t worry. Here are 5 US-listed Chinese tech companies that haven’t, either

In China, some of the biggest tech companies still aren't turning profits, instead emphasizing investments, R&D, marketing, and, of course,...

  • June 9, 2014
  • at 11:00 am
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Lenovo sold 50 million smartphones globally last year, remains China's number 2 smartphone brand

Lenovo sold 50 million smartphones globally last year, remains China’s number 2 smartphone brand

Lenovo sold 50 million smartphones and 9.2 million tablets in the previous year, marking the fourth quarter in a row that it has sold more t...

  • May 21, 2014
  • at 6:40 pm
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Sina Weibo IPO

Weibo posts net loss one day before IPO, user engagement casts a shadow

Weibo yesterday made a final amendment to its prospectus, showing the social network's financial performance during the first quarter of thi...

  • April 16, 2014
  • at 11:58 am
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Baidu Logo rough

On pace with Alibaba and Tencent, Baidu will continue its acquisition spree in 2014

Baidu‘s (NASDAQ:BIDU) revenues rose 50.3 percent year-on-year last quarter to RMB 9.52 billion (US$1.55 billion), according to its la...

  • February 27, 2014
  • at 11:48 am
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