Post Tagged with: "China"

Alibaba Rumored to be Seeking Media Acquisitions, Disposals
/ November 24, 2015 3:39 pm
Alibaba Rumored to be Seeking Media Acquisitions, Disposals

Variety reports "A succession of media reports have emerged this week suggesting that Alibaba is negotiating to buy a controlling stake in the SCMP, an English-language newspaper publisher based in Hong Kong. The seller is the Kuok family, a wealthy Malaysian Chinese family that also controls the Kerry Group, with substantial property and logistics interests.". Read More

Apple iPhone sales keep growing despite China’s slowdown
/ October 27, 2015 3:27 pm
Apple iPhone sales keep growing despite China’s slowdown

Mashable reports "The world's biggest company reported on Tuesday that it saw a year-over-year increase of 99% on iPhone sales in China on otherwise strong results, assuaging investor worries that the country's economic turbulence in the past few months might have hurt demand in the country where Apple has been growing its business most.". Read More

Apple Music, iTunes Movies And iBooks Launches In China
/ September 30, 2015 9:22 am
Apple Music, iTunes Movies And iBooks Launches In China

TechCrunch reports "China is already Apple’s largest market for app downloads and the company hopes consumers will be just as eager to try out Apple Music. The streaming music service launched there today, along with iTunes Movies and iBooks. After a three-month trial membership, Apple Music will cost 10 RMB per month, or about $1.60, which means it is the same price as a premium membership on Tencent’s QQ Music. The service will also be available for Android (which holds a 70 percent market share in China) later this fall.". Read More

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Australia’s Quickflix Cancels China Takeover Deal
/ August 24, 2015 1:59 pm

Variety reports "Australian streaming video company Quicklix says it has called off a deal announced earlier this month to acquire a Chinese film and TV firm. The cancellation is a further blow to Quickflix which is struggling to make headway in the newly competitive Australian online video sector, and follows the cancellation of a previously announced sub-distribution deal with Presto, a larger rival.". Read More

Nintendo had its best fiscal Q1 since 2012 as it beats analyst expectations
/ July 29, 2015 6:28 pm

VentureBeat reports "This morning, the publisher reported the results of the first quarter of its fiscal 2016, which represents the three months ending on June 30. And the company revealed that it generated more than $729 million (90 billion yen) in sales. That is up from $603 million (75 billion yen) during the same period last year.". Read More

Game companies must temper expectations for Chinese market
/ July 21, 2015 5:50 pm
Game companies must temper expectations for Chinese market

Gamesindustry.biz reports "Superdata's Joost van Dreunen on why Western companies will find China a hard market to crack for some time.". Read More

Eight Reasons Why Netflix Will Struggle In China
/ June 17, 2015 4:19 pm
Eight Reasons Why Netflix Will Struggle In China

Variety reports "This week’s first-time disclosure by Chinese online video firm iQIYI of its subscriber numbers and the confirmation that Alibaba will soon be ramping up its own subscription video service have put a new spotlight on the financial feasibility of China’s video streaming sector.". Read More

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