Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped. The company stated that while consolidated net revenues increased 4% quarter-over-quarter and increased 10% year-over-year to USD200.6 million, Shanda Games’ revenue decreased 3% quarter-over-quarter and decreased 4% [...]
Posts Tagged ‘Business’
Shanda’s China Game Revenue Falls
Posted in Internet, Mobile, Mobile Social, Social networking, social media
Tags: Business, Hurray, Internet game, ku6, online game, Shanda, Shanda Games, Shanda Online, Wireless
No Comments »ZTE, UCell To Launch LTE Network In Uzbekistan
Chinese telecom equipment maker ZTE has announced that it has cooperated with the Uzbekistan cellular communications provider UCell in the launch of a LTE network in Tashkent, capital of Uzbekistan. The construction of the network is based on ZTE’s UniRAN solution using the advanced SDR technology. The network can support LTE services, including high definition [...]
Posted in 3G, 4G, Mobile, Mobile Social, Social networking, social media
Tags: Business, LTE, Tashkent, Telecom & Wireless, TeliaSonera, Ucell, Uzbekistan, VOIP, Wireless, ZTE
No Comments »Alipay.com Launches Joint Security Campaign With Chinese Banks
Alipay.com, the Chinese third-party Internet payment platform and a subsidiary of the B2B e-commerce group Alibaba, has launched a joint security and risk control program with major Chinese banks. Starting from last month, if the identity information of the person who orders goods via the Internet is not the same as that of the one [...]
Wireless Revenues In China Sink For Linktone
Embattled Chinese wireless services firm Linktone Ltd. announced its unaudited financial results for the second quarter ended June 30, 2010, and showed a drop in both revenue and profit. Linktone’s gross revenues for the second quarter were USD16.9 million, compared with USD19.0 million in the first quarter of 2010 and USD18.3 million in the second [...]
Posted in 3G, Mobile, Mobile Social, SMS, Social networking, social media
Tags: Business, education, edutainment, Hary Tanoesoedibjo, Innoform, IVR, Java, Linktone, MMS, MVAS, Telecom & Wireless, WAP, Wireless, WVAS
No Comments »China’s Mofcom To Regulate Internet Sales Of Foreign Enterprises
China’s Ministry of Commerce has issued a notice to regulate the sales activities of foreign-invested enterprises that are engaged in either Internet sales or vending machine sales. According to the notice, foreign enterprises who want to operate Internet sales business should submit applications to the respective provincial commerce departments and the departments will examine and [...]

