Posts Tagged ‘revenue’

China’s Kingsoft Posts Annual Report For 2008

Chinese security, office software and online game provider Kingsoft has published its financial report for the fourth quarter and the entire year of 2008, and the company states that its total revenue in 2008 increased by 47% year-on-year to CNY820.9 million, of which, 67% was from its online game sector while 32% was from software.
Kingsoft […]


Taobao.com Trade Value Reached CNY99.96 Billion In 2008

Chinese Internet auction and e-commerce website Taobao.com has announced that its trade value in 2008 reached CNY99.96 billion, making it one of the largest comprehensive shopping platforms in China.


Buynow To Open Five New Stores In China In 2009

Chinese electronics chain department store Buynow has announced plans to accelerate its deployment plans in 2009 with the company planning to open at least five large IT stores in such cities as Beijing, Shanghai, and Qingdao.


Kingsoft Earmarks CNY1 Billion To Build Headquarters In Zhuhai

Chinese software provider Kingsoft plans to invest CNY1 billion to build a 96,000-square-meter headquarters and research center in Zhuhai, Guangdong province.


Huawei Sales Up 46% In 2008

Chinese telecommunications equipment maker Huawei Technologies increased its sales by 46% year-on-year to USD23.3 billion in 2008.


Financial Crisis Hits China’s Lenovo As Company Cuts Worldwide Staff

The global financial crisis has hit Chinese PC maker Lenovo (LNVGY) as it today announced cutting approximately 11% of its total global workforce, and the company expects to report a loss for the fiscal quarter that ended December 31, 2008.


Report: China’s Mobile Phone Sales Decreased 2.7% In Q3 2008

According to the latest report on China’s mobile terminal market in the third quarter of 2008 released by the market research firm Analysys International, 34.79 million mobile phones were sold in China from July to September 2008, decreasing 2.7% compared with the second quarter of 2008.


China’s E-commerce Scale Increased 20% In 2008

The market research company IDC has published a white paper about China’s e-commerce industry, and it states the trade volume of China’s e-commerce increased by about 20% in the year 2008, forming a big contrast with the macroeconomic downturn.


Google China Made CNY973 Million Revenue In First Three Quarters Of 2008

According to a report on Chinese search engine market in 2008 released by the Chinese market research firm Analysys International, Google (GOOG) China made CNY973 million revenue in the first three quarters of 2008.


China’s Software Revenue Up 30.8% In First 11 Months

According to the latest statistics from China’s Ministry of Industry and Information Technology, the accumulated revenue of China’s software businesses reached CNY697.73 billion in the first 11 months of 2008, a year-on-year increase of 30.8%.