Posts Tagged ‘Hurray’

Deciphering Alibaba CEO’s Letter To Investors

China’s Alibaba starts selling stakes in its Cayman Island company Alibaba Group Holding Limited today in the United States. In a “Letter From Jack Ma” which was filed last Friday with the Securities and Exchange Commission, Ma “Jack” Yun outlines expectations, caveats, and hopes for armchair investors in his extended family of Chinese e-commerce businesses. […]


Thirty Chinese Mobile Service Providers Punished For Irregular Operations

According to Cctime.com, a Chinese communications industry portal, 30 Chinese mobile service providers, including Hurray and Sohu, have been punished for various irregular operations in recent weeks in Shandong.
The website reported that these 30 service providers are involved in irregular service billing, fake promotions, irregular operation of short message order services, non-standard pricing, and confusing […]


Net Loss For Chinese Wireless Firm Hurray

Chinese wireless value-added services firm Hurray (HRAY) has reported a net loss of USD9.2 million for the third quarter ended September 30, 2008.


Hurray Reports Board Changes In China

Forlorn Chinese wireless value-added services firm Hurray (HRAY) says the company’s co-founder and director Jesse Liu has resigned from the board.


Wireless Financial Results Plummet For China’s Hurray

Chinese wireless value-added services company Hurray (HRAY) just announced its unaudited financial results for the second quarter ended June 30, 2008 and said unsurprisingly that total revenues were only USD12.8 million, a decline of 3.7% quarter-over-quarter and 12.4% year-over-year.


Enlight Media Gains CNY100 Million Bank Loan

Enlight Media has announced that the company gained CNY100 million credit from Bank of Beijing, which will be a preparation for restarting of the company’s listing plan in China.


Rumor: Focus Wireless Will Disband, Dismiss Chinese Employees

Chinese media has more rumors that Focus Wireless, a subsidiary of Focus Media (FMCN), will soon disband and dismiss most of its employees as a result of the wireless spam incident in March this year.


Hurray’s President Quits While Company Attempts To Save Sinking Business In China

Embattled wireless value-added services provider Hurray (HRAY) announced that Sean Wang, the company’s president, COO, and acting CFO, left the company on June 20, 2008.


Total Revenues Sink For Hurray’s Troubled China Mobile Business

Chinese wireless value-added services company Hurray (HRAY) unveiled its unaudited financial results for the first quarter ended March 31, 2008 and said its total revenues hit US$13.2 million, representing a decline of 16.7% quarter-over-quarter and 19.5% year-over-year.


Hurray Terminates Enlight Media Merger, Announces 2007 Financial Results

Chinese wireless value-added services firm Hurray (HRAY) says it has agreed with Enlight Media to terminate a proposed business combination announced on November 19, 2007, and it also reported an annual decline in overall revenue growth.