Remember last week when Rocket Internet announced a US$445 million investment from Philippine Long Distance Telephone Company (PLDT) in exchange for a 10 percent stake in the company? That values the ...
China’s ecommerce titan Alibaba filed new information with the SEC overnight. It includes details about spending and growth on its two main estores, Tmall and Taobao.
China's Weibo pulled in $67.5 million in revenue in Q1 2014. This is the first earnings report since its IPO.
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 tablets and smartphones than PCs.
New figures out today show that spending on China’s ecommerce sites keeps growing, hitting a grand total of RMB 446.44 billion (US$74.03 billion) in Q1 2014.
Chinese web giant Tencent (HKG:0700) had a blockbuster Q1, according to its new financial report today.
Boosted by buyers in China, half of the worldwide top 10 phone brands are now Chinese. Huawei is third, Lenovo fourth, Xiaomi debuts in sixth, Coolpad is eighth, and ZTE is ninth.
Facebook now has 390 million monthly active users (MAUs) in Asia, from a grand total of 1.276 billion around the world.
Only 16.8 million of Weibo’s 20 million shares have been sold, meaning that Sina Weibo will raise just $286 million from its IPO - not the $400+ million that some expected.
In Q1 2014, China's revenue growth was stronger than download growth for the first time. Games accounted for the majority of that rise.
Weibo yesterday made a final amendment to its prospectus, showing the social network's financial performance during the first quarter of this year.
Xiaomi founder Lei Jun is spewing out more numbers than the Count in Sesame Street today. After saying that Xiaomi plans to sell 100 million smartphones next year, the phone-maker boss revealed that t...