Posts Tagged ‘Web 2.0’

Chinese Internet Travel Websites Enhance User-generated Commenting Systems

Two of China’s biggest Internet travel service providers are using enhanced systems for their respective users to comment on hotels booked through them, and they are rating the hotels based on these comments.

China’s 263 Buys Stake In America’s iTalk Global Communications

According to local media, the Chinese Internet and communications technology company 263 Network Communication Co. Ltd. has bought a 50% stake in the U.S. telecommunications operator iTalk Global Communications, marking 263’s entry into the North American VoIP market. Launches Official Chinese Version Of Sogou Browser

After speculation last week, Chinese portal website (SOHU) has now launched an official version of its Sogou Internet browser.

Alibaba To Invest CNY300 Million In Yahoo Koubei

Chinese e-commerce giant Alibaba has announced plans to invest CNY300 million in the newly merged Yahoo (YAHOO) Koubei Company in 2009 to develop the lifestyle services business of the company.

South Korea’s Largest SNS Website To Withdraw From Taiwanese Market

Proving perhaps that Internet communities are local, and foreign interlopers have difficulty breaking into new markets, South Korea’s largest social networking website Cyworld has announced its decision to withdraw from the Taiwanese market.

Two Chinese Game Companies Gain Shanda Investment

Shanda’s (SNDA) business unit Shanda Games has made investments into Shanghai Wei Lai Information Technology Co. Ltd and Shanghai Cai Qu Network Technology Co. Ltd, under its “18 Plan”. Launches Chinese Internet Lottery Sales Platform

China’s Web 2.0 community website has launched a lottery sales platform, on which users can buy lottery tickets and withdraw lottery prizes via the Internet.’s Advertising Revenue Reached CNY11.296 Million In H1 2008

Chinese video website announced at the product conference of its high-definition channel that the company made CNY11.296 million in the advertising sector in the first half of 2008 — much more than that of its competitor but still an overall paltry amount in China’s advertising sector.

Ctrip Flexes Its Chinese Search Engine Muscle In Beijing Court

Internet travel search website says the People’s Court of Haidian District in Beijing has failed to come to a decision regarding the case filed by China’s top travel website (CTRP) in which Ctrip contends that Qunar willfully broke copyright regulations pertaining to Ctrip.

Nokia Siemens Networks Greater China Chairman Resigns

The international telecommunications equipment manufacturer Nokia Siemens Networks has confirmed that David Ho, chairman for Nokia Siemens Networks Greater China, formally departed from his position on October 31, 2008.