24. February 2014
China E-Commerce Alibaba May Buy AutoNavi Alibaba Group Holdings revealed that they are interested in buying Autonavi. The E-commerce enterprise has provided a non-binding proposal letter to digital map content and navigation company AutoNavi, purposing $1.1 billion to make it a wholly owned subsidiary. Currently Alibaba holds about 28% of AutoNavi’s shares. If the deal goes through, Alibaba said the goal is to improve customer service capacity by sharpening the competitiveness of AN’s map...
17. August 2009
In response to Serkan Toto's Post on Japan's most valuable Internet Companies, we compiled a list with the Top 30 Internet & Telecommunication Companies on the Chinese market. They are ranked according to their market capitalization, whenever possible we link to the English Version of their homepage. Note: Market Cap is based on the stock prices of the 18th of August 2009, for their current value click on the Stock Exchange Link. While currently most companies are listed either in the US...
20. April 2009
Back in 2008 Baidu launched its online gaming platform wanba.baidu.com. Now, the Chinese search engine giant has announced a strategic partnership with online gaming company Kylin for their long anticipated MMORPG 'Genghis Khan'. Beijing based Kylin started development in 2007 and has so far spent RMB 100 Million (US$ 14,7 Million) in producing the game. The company hopes to benefit from Baidu's large user base and their strong media presence. Baidu on the other hand expects to win a...
20. April 2009
Robin Lee, CEO of leading Chinese search engine Baidu, is currently attending the Boao Forum for Asia. He there announced that his company is planning to heavily expand its international business, hoping to generate 70% of its revenues from foreign markets by 2025 at the latest. Key markets will be the US and Japan, said Lee. The Boao Forum is an annual conference for Asia's most influential leaders in government, business & academia.