... ort said. NASDAQ-listed Baidu closed a US$1.9 billion deal to acquire 91 Wireless Websoft, a major Chinese smartphone application distributor, in August. In May, Baidu spent US$370 million to acquire ...More
EJ Insight2014-04-16
... ech-heavy NASDAQ which tumbled 3 percent overnight, its worst finish in more than two years, sending related counters in Asia off kilter. Tencent (00700.HK) slumped 6.75 percent, the worst hit among b ...More
EJ Insight2014-04-11
... 2.18. The NASDAQ surged 1.72 percent or 70.91 points to finish at 4,183.9. Minutes of a March meeting of the Federal Open Market Committee revealed that many members believed the market had over-inter ...More
EJ Insight2014-04-10
Fast rising search operators Qihoo 360 (NYSE: QIHU) and Sogou may be challenging sector heavyweight Baidu (Nasdaq: BIDU) in terms of market share, but they're having far more difficulty finding an aud ...More
EJ Insight2014-04-09
Hong Kong stocks retreated Monday on heavy selling in technology counters after the NASDAQ index took a freefall overnight Friday. The Hang Seng Index lost 130 points, or 0.59 percent, to close at 22 ...More
EJ Insight2014-04-07
... public in Nasdaq in June 2011, may push forward its plan to float in the United States in the second quarter of this year, Sohu.com reported previously. In 2011, the deal scrapped as Xunlei faced copy ...More
EJ Insight2014-04-04
... iting the Nasdaq-listed company. Baidu will initially partner with Huawei Securities, Guangfa Securities, Harvest Fund and Fullgoal Fund. It joins Alibaba and Tencent in the nascent third-party fund p ...More
EJ Insight2014-04-04
... nt on its NASDAQ debut last week. Focus Media Holding, China's largest outdoor advertiser, is seeking to reenter the market not in the US but in Hong Kong. It was among a slew of Chinese companies pr ...More
EJ Insight2014-04-02
... ), Baidu (Nasdaq: BIDU.US) and possibly even Internet stalwart Sina (SINA.US). The rapid rise of these new media companies has posed an unprecedented challenge for traditional players like SMG, which ...More
EJ Insight2014-04-02
... t of all, NASDAQ stocks are trading at an average of 30 times price-to-earnings multiple. Twice in as many trading sessions -- Friday and Monday -- the index fell amid abnormally high transaction volu ...More
EJ Insight2014-03-26
... ng mobile Nasdaq-listed Facebook draws the bulk of its revenue from advertising. Mobile advertising has gained weight quickly, making up 53 percent of the company's advertising revenue for the fourth ...More
EJ Insight2014-03-17
... ions. The Nasdaq-listed company has earmarked US$200 million to acquire mobile games, US$200 million for mobile game marketing over the next two years and US$200 million for revenue-sharing arrangemen ...More
EJ Insight2014-03-13
... rd on the NASDAQ market. The counter surged from its US$27 offer price to US$122.54 on its debut, and is now trading around US$180. Sadly, domestic investors have not benefited from the stock's strong ...More
EJ Insight2014-03-11
... y Google (Nasdaq: GOOG) when it launched its search service in China nearly a decade ago, choosing the Chinese name Guge which translates to the poetic sounding "song of the valley". Of course, we all ...More
EJ Insight2014-02-25
Reports of major new funding for online travel site TongCheng are putting the spotlight on a sudden rise in competition for the sector, which for years was dominated by industry leaders Ctrip (Nasdaq: ...More
EJ Insight2014-02-18
Shanghai Fosun Pharmaceutical (Group) Co. Ltd. (00656.HK, 600196.CN) has teamed up with private-equity firm TPG Capital to acquire Nasdaq-listed Chindex International Inc. for US$369 million, the Chin ...More
EJ Insight2014-02-18
... in 2017. Nasdaq-listed Equinix (EQIX.US), the world’s largest player, is pushing ahead with its upstream strategy of offering only co-location facilities to multinational clients. But Asia's Pacnet i ...More
EJ Insight2014-02-17
... a unit of Nasdaq-listed Wynn Resorts, started work on its US$4 billion Cotai project, which is will be up and running in the first half of 2016. Just under a year later, MGM China Holdings Ltd. (02282 ...More
EJ Insight2014-02-14
... tal Sohu (Nasdaq: SOHU) and online real estate services firm Soufun (NYSE: SFUN) kicked off the latest earnings season with release of their fourth-quarter results. The surprising lack of movement in ...More
EJ Insight2014-02-11
... Co. Ltd. (NASDAQ:AMAP) it does not own for US$21 per American depository share, or US$5.25 in cash per ordinary share, AutoNavi said in a filing Monday. Alibaba already holds 28 percent of the digital ...More
EJ Insight2014-02-11
