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I have to commend Alibaba founder Jack Ma for his ability to keep his company in the headlines with growing frequency lately, as he seeks to build hype in the run-up to the e-commerce leader’s massive IPO. At the same time, however, Ma runs the very real risk of media burnout if his company continues to flood the market with this steady stream of news bits, even if many of them are truly newsworthy. Read Full Post…
I’ve written too much recently about neglected web portal Sohu (Nasdaq: SOHU), but the latest rumors of a potential tie-up between the company and PPTV, operator of one of China’s leading video websites, are just too irresistible for me to ignore. Those rumors say Sohu is in talks to combine its own online video business with PPTV to create one of the nation’s top 3 players. News of such talks comes just a couple of weeks after leading search engine Baidu (Nasdaq: BIDU) purchased another top video site, PPS, for $370 million, and indicates a new wave of consolidation in China’s Internet space may be gaining momentum. Read Full Post…
After years of inactivity, China’s Internet sector has seen a sudden flurry of M&A deals with potential to consolidate the fragmented space and create some truly world class companies that could one day compete with the likes of Amazon and Google. While commercial factors are mostly behind this sudden M&A spring, Beijing could also play a limited role by encouraging more consolidation, helping to lay the foundation for a vibrant and sustainable Internet sector that could become a global leader. Read Full Post…
A sudden flurry of activity has caught my attention at Sohu (Nasdaq: SOHU), one of China’s oldest Internet portals, which has splashed into the headlines several times in the last couple of months after years of being ignored by investors. What has most caught my attention most this time around was a comment in one of the recent reports that Sohu founder and Chairman Charles Zhang was recently experiencing some kind of emotional fatigue, which leads me to wonder if the company may be headed for a breakup. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 11-13. To view a full article or story, click on the link next to the headline.
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Less than 2 weeks after buying a major stake in leading Chinese microblogging site Sina (Nasdaq: SINA) Weibo, e-commerce leader Alibaba is back on the acquisition track with word that it’s on the cusp of another deal to buy a similar strategic stake in mapping services firm AutoNavi (Nasdaq: AMAP). While this newest deal would be a bit smaller than the Weibo tie-up, it marks the latest transaction in a nascent M&A wave among China tech firms that looks set to gain momentum during the rest of the year. Read Full Post…
The following press releases and media reports about Chinese companies were carried on May 10. To view a full article or story, click on the link next to the headline.
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The following press releases and media reports about Chinese companies were carried on December 12. To view a full article or story, click on the link next to the headline.
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