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Apple Adopts New iPhone Sales System In Hong Kong (Feb 6)
Apple is adopting a new sales method for the iPhone 4S in Hong Kong to ward off scalpers. Customers who want to buy the products need to first submit reservation applications via the Internet, and then they can pickup the iPhones. According to information published on Apple's Hong Kong official website, from 09:00 to 12:00 [...]


Amazon Tries To Save Cash By Halting Free Deliveries In China (Feb 6)
Amazon.cn, the Chinese branch of the American Internet retailer, has adjusted its delivery standards and will now charge a CNY5 delivery fee for any order under CNY29. Amazon is the latest Internet B2C retailer to give up the free delivery policy for all shipments in China, following 360buy.com and Newegg.com.cn. Wang Hanhua, president for Amazon.cn, [...]


Former Oracle Global VP Joins 360buy.com (Feb 6)
Chinese B2C e-commerce website 360buy.com has announced that Wang Yaqing, former global vice president for Oracle, has joined the company to become its first chief technology officer. Wang studied in Shanghai Tongji University and Shanghai Jiaotong University, and he gained his masters from University of Connecticut in 1995. Prior to joining 360buy.com, Wang worked for [...]


Chinese Internet Advertising Revenue Reached CNY14.87 Billion In Q4 2011 (Feb 3)
Chinese Internet websites have continued to benefit from the maturing demand for online branding, Internet promotions, and e-commerce sales. EnfoDesk, Analysys International's business information service branch focusing on the new media economy, has published a monitoring report for the Chinese Internet advertising market in the fourth quarter of 2011, stating that the market scale of [...]


Chinese Electronics Retailer Signs Development Agreement (Feb 1)
Electronics and home appliances retailer Suning and the home appliances maker Midea have reportedly signed a three-year strategic cooperating agreement, and the two parties will implement binding development over the next three years. Under the agreement, Midea's products will be sold in Suning's Expo super flagship stores, flagship stores, community stores, boutique stores, and Laox [...]


China Telecom To Launch CDMA-based iPhone 4S (Feb 1)
Chinese telecom operator China Telecom has reportedly reached an agreement with Apple to introduce the CDMA version of the iPhone 4S into China. The latest news released by Chinese local media stated that China Telecom has been preparing for the launch of CDMA-based iPhone 4S; and the new product will be available at the end [...]


Inspur International To Sell Chinese E-government Business (Jan 30)
Hong Kong-listed information technology and outsource software development company Inspur International has published a report, stating that it will sell its e-government business, Shandong Inspur E-Government Software Limited, to Shandong Inspur Software Company Limited for CNY23 million. Inspur International is expected to gain about CNY259,000 from the disposal, and the capital gained will be used [...]


CNNIC: China's Microblog Users Reached 250 Million In 2011 (Jan 29)
China Internet Network Information Center has published a new statistics report, stating that there were 250 million microblog users in China by the end of 2011, a year-on-year increase of 296%. Meanwhile, the use of traditional Internet communication applications like email and forums saw significant declines. Microblogging has become one of the most important Internet [...]


China's Tencent To Acquire 49% Stake In Foreign Game Publisher (Jan 29)
Chinese Internet company Tencent Holdings Limited has announced that it will invest USD26.95 million to acquire 49% of the issued shares of Level Up. Meanwhile, under the option agreement signed by the two parties, Tencent has the ability to spend USD9.9 million to increase its stake in Level Up to 67%. Founded in Singapore, Level [...]


Shareholder Disputes Settled For Chinese Media Firm (Jan 29)
Chinese multi-platform media company SearchMedia Holdings Limited says it has reached settlement agreements for the arbitration between the company and certain of its predecessor shareholders. The arbitration was filed between SearchMedia Holdings Limited versus two groups composed first of settling defendants China Seed Ventures, LP; Qinying Liu; Deutsche Bank AG Hong Kong Branch; and Le [...]