Tom Group’s newly appointed CEO Yang Guomeng says the company’s big loss was mainly due to a one-time expenditure, particularly the payment for the use of eBay platform and the cost of promotion, but he does not say when eBay Eachnet can make up the deficit.
Tang Meijuan, former CEO of Tom Group, who has reportedly resigned because of personal reasons, says the company’s acquisitions in the year also attributed to about RMB164 million in losses.
Source : Chinatechnews
 |
Analysts said Alibaba may acquire Yahoo all assets in AsianComments OffAlibaba had already hired Duberstein Group (an American company), they will negotiate for acquiring Yahoo asset. Analysts thought Alibaba might buy Yahoo all Asian assets. Softbank Corporation who has a 30 percent stake in Alibaba and also is Yahoo’s a partner in Japan becomes a lobby group with Alibaba. September, Alibaba founder Jack Ma had |
|
Sohu Q2 China Online Ad Sales(0)Sohu.com Inc., operator of China?s fourth most-visited Web portal, posted second-quarter profit that beat analysts? estimates, after the company increased online advertising sales, reported Monday’s Bloomberg. |
|
The number of Nasdaq listed Chinese companies has reached 145(0)According to foreign media reports, Gao De software had the initial public offering (IPO) at Nasdaq market which made the number of Nasdaq-listed Chinese companies reach 145. |
|
Huayi Brothers invested 149 million yuan to obtain shares of Beijing palm fun Science and Technology(0)Huayi Brothers released foreign investment announcement, using 148.5 million yuan for shares of Beijing palm fun sicence and technology, that is by shares acquisition and increasing capital to own 22% of the equity. |
|
China’s first cultural media industry fund is in operation; 2 billion yuan collected(0)Recently, first domestic fund focusing on culture and the media industry investment and financing private equity fund of RMB – the Chinese Cultural Industry Investment Fund (ChinaMediaCapital, hereinafter referred to as CMC) announced the completion of the first phase of 2 billion yuan of funds raised and put into operation. |
Contacts and information
|
Social networks |
Most popular categories |
0 comments
Add your comment
Commenting is allowed only for registered users.