Digital China Wants to Watch You
The South China Morning Post reports:
Digital China Holdings, the mainland’s largest distributor of information technology products, says a newly formed joint venture that starts operations next month will launch an initial public offering in a few years and bring in technology from its Israeli partner.
In July, Digital China said it would inject 500 million yuan [...]
Kingsoft Sinks AV Pirates
China Tech News reports:
Kingsoft has released its Q2 financial report and interim report, which say that the company’s revenue increased by 42% to CNY346.8 billion in the first half of 2008 with online games and software contributing 66% and 34% of the total revenue, respectively.
…In the first half of 2008, Kingsoft’s software business made revenue [...]
Suing Microsoft: All Together Now
The South China Morning Post reports:
A mainland competitor of Microsoft Corp is urging a united front against the world’s largest software company for alleged monopolistic practices in the country.
Evermore Software, a developer of a productivity application suite that competes with Microsoft Office, wants to help a Beijing-based lawyer instigate a government probe into the United [...]
E-House: CRICkey!
Pacific Epoch reports:
Shanghai-based real estate services company E-House (China) Holdings Limited (NYSE: EJ) reported second quarter revenues of $43 million, up 79% year-on-year, before market open on Wednesday. Net income was $11.7 million, up 85% from the year-ago period.
Primary real estate agency services brought in $28.3 million of E-House revenue, increasing 38% from a year [...]
Microsoft Makes Ketchup
China Tech News reports:
Hong Lei, the webmaster of Chinese download website Tomatolei.com and writer of Windows XP Tomato Edition, reportedly has been taken into custody by the Suzhou Public Security Bureau.
Tomatolei.com was founded in 2003 and offers the download of the latest Windows XP Tomato Edition and also other useful software, as well as online [...]
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