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Tencent Buys Google Social Networking(0)China’s largest Internet company Tencent Holdings Ltd has bought a Google-backed Chinese social networking company for more than $60 million, the China Business News reported on Tuesday. |
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Video Tudou 50 Million(0)Chinese online-video website Tudou.com said it raised $50 million in its latest round of financing, the bulk of which is an investment from Singapore’s state-owned investment firm, Temasek Holdings Pte. Ltd., reported Wednesday’s Dow Jones. |
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Chinese SNS: Perish Before Old(0)These days, almost all Chinese SNS sites seem losing their momentum to grow, especially compared with their American counterpart – Facebook.com |
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Youku CEO said: ‘Video industry is take off the hat of burning money’(0)A large-scale video website should across at least three ’100 million’ thresholds to be successful: the threshold of more than 100 million yuan capital investment; the threshold of more than 100 million video traffic; thresholds of advertising revenue exceeded 100 million yuan. |
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China accepted WTO ruling allowing joint ventures to distribute music online(0)US and China said that China agreed to abide by World Trade Organization (WTO) ruling, would by March 19 2011 to further open up entertainment product market. |
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