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| Sina Q1 Revenues Up 39% YoY To $71M |
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May 15 2008 [EARNINGS] - Chinese Internet company Sina Corporation (Nasdaq: SINA) announced first quarter results after market on Wednesday. The company reported net revenues of $71.3 million, up from $70.7 million in the previous quarter and 39 percent year-on-year. Net income was $16.1 million, up 87 percent year-on-year and down from $17.5 million in the previous quarter...
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| PE Interview With Baidu TV Operator Adsit |
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May 14 2008 [INTERVIEW] - Online advertising in China is still mostly about banner ads on the major portals, but some companies are starting to look at doing targeted and rich media ads. Beijing-based Adsit is one of several companies looking into video ads. Adsit has developed a targeted video advertising platform that serves video ads based on the content of publishers' websites...
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| Economy Hotels: Home Inns (HMIN) May Update |
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This month's report includes data from daily calls to economy hotels of seven different chains made throughout April. We called nearly 1,000 total hotels during the month. We estimate that Home Inns opened approximately 10 hotels in April, bringing its total number of hotels to 309. Home Inns' occupancy rate continued to improve month-on-month in April. The occupancy rates for the other six chains that we track also improved this month. |
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Ctrip Reports Q1 Revenue Of $49M
EARNINGS
Online travel services provider Ctrip (Nasdaq: CTRP) announced first quarter results after market on Wednesday. Net revenues were $49 million, up 47 percent year-on-year and down four percent from the...
May 15 2008
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China Digital TV Q1 Income Up 84% YoY
EARNINGS
China Digital TV Holding, Co. Ltd. (NYSE: STV) reported $17.2 million in net revenues, up 65.4 percent year-on-year, and down 11.8 percent quarter-on-quarter, for the first quarter of 2008 after market...
May 15 2008
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Baidu, Tencent, China Mobile Release Earthquake-Related Services 
PRODUCTS & SERVICES
Baidu (Nasdaq: BIDU) changed its homepage logo on May 13 in honor of earthquake survivors. The gray logo is centered on a red cross and the date of the disaster. Clicking on the logo takes users to earthquake...
May 14 2008
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Alibaba Subsidiaries Provide Donation Platforms
STRATEGY
Alibaba's consumer-to-consumer (C2C) site Taobao.com opened an online store to donate product proceeds to earthquake victims on May 14, reports Hexun. Approximately 3,000 Taobao sellers with 30,000 goods...
May 14 2008
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SNS Site Zhanzuo Negotiates New Investment
CAPITAL RAISING
Chinese university-focused SNS site Zhanzuo.com expects to receive third round investment of tens of million of dollars as early as year end, reports Reuters quoting Zhanzuo CEO Zhang Fan on May 13. Zhang...
May 14 2008
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NetDragon Q1 Revenue Up 64% YoY
EARNINGS
Chinese online game company NetDragon (8288.HK) reported first quarter revenue of RMB 175.6 million, up 63.7 percent year-on-year, and profit of RMB 70 million, up 19.9 percent year-on-year, on Wednesday....
May 14 2008
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ReneSola Q1 Revenue Up 242% YoY, Increases Outlook
EARNINGS
Solar wafer manufacturer ReneSola Ltd (NYSE: SOL) reported first quarter revenue of $123 million, up 242.4 percent year-on-year and 28 percent quarter-on-quarter, before market open on Wednesday. Net income...
May 14 2008
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Tencent Books Q1 Revenue of $204M
EARNINGS
Chinese Internet company Tencent (0700.HK) announced first quarter results after market close on Wednesday. The company booked $204.1 million in revenue, up 27.7 percent quarter-on-quarter and 85.4 percent...
May 14 2008
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