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  • October 31, 2014
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  1. Business - China Business - COMMUNICATIONS

    China Mobile to branch into internet business

    Posted Dec 06th 2012, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Telecoms giant confirms forming internet venture amid saturated mobile-phone market China Mobile casts net into online business China Mobile, the world's biggest wireless network operator, has confirmed it is working on setting up an internet company, ending months of speculation. Chief executive Li Yue verified the move in Guangzhou yesterday, ...

  2. Business - Companies - RETAIL

    Big music retailers diversify to survive in internet age

    Posted Oct 29th 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com CD sales are a fraction what they were but video sales are helping to keep sellers afloat Big music retailers diversify to survive in internet age The torrent ... - locally produced music sold elsewhere - dwindled from HK$1 billion to almost zero over the same period. According to industry experts, this has mainly happened because of the internet, where ...

  3. News - China - E-COMMERCE

    62 million users duped by internet shopping cheats

    Posted Aug 14th 2012, 12:00am by Li Jing

    ... users duped by internet shopping cheats Nearly one-third of online shoppers in the mainland were cheated an average of about 500 yuan in the past year, a Xinhua report said yesterday. Internet fraud cost more than 60 million mainland internet users 30 billion yuan (HK$36.7 billion) in the past year, and may become a major impediment for further expansion of online retail businesses, ...

  4. Internet use rises in HK homes, study finds

    Posted May 30th 2012, 12:00am

    ... Christy Choi christy.choi@scmp.com Home internet access has seen strong growth in the past decade and is now part and parcel of life in Hong Kong, government statistics show. Almost four out of five homes were connected to the internet in 2010, compared with only half with web access in 2001, the Census and Statistics Department found in a household survey. The figures ...

  5. More older people turn to the internet

    Posted Mar 29th 2012, 12:00am

    ... there was a surge in the number of people aged over 50 using the internet more, with 40 per cent of older internet users now using blogs, personal webpages, uploading videos and audio compared with just 25 ...

  6. HK a prime spot for internet data centres

    Posted Oct 05th 2011, 12:00am

    ... Sandy Li sandy.li@scmp.com Internet service providers are on the prowl for space in which to house data centres, as demand among their customers for data storage rises. 'We ... links to the internet. To house its data centre, Google has acquired 2.7 hectares of land on the Tseung Kwan O Industrial Estate, and expects to start using the facility within one or two years. ...

  7. Most mainland internet users open to courting by brands, says expert

    Posted Jul 04th 2011, 12:00am

    ... on their privacy, said a branding and marketing expert. Professor John Quelch, dean of the China Europe International Business School, cited research that showed 48 per cent of mainland internet users were ... Thomas Isaac, commercial director of market research firm TNS, said the motivations for using social media networks differed slightly on the mainland. 'In the West, people treat the internet ...

  8. Power of internet can't be ignored

    Posted May 17th 2011, 12:00am

    ... Celine Sun in Beijing celine.sun@scmp.com No luxury brand can afford to dismiss the power of the internet when doing business on the mainland, the second-largest luxury goods market ... purchases through the web. KPMG, a global audit and advisory services firm, issued the report yesterday, saying the internet has become an increasingly popular and effective tool for mainland ...

  9. HK wired for internet shopping

    Posted May 15th 2011, 12:00am

    ... Lana Lam There are two things Hongkongers love, and both are fuelling the internet's growth as an inseparable part of the city's financial DNA: shopping and smartphones. In a report commissioned by Google, Hong Kong's internet-based economy was valued at 5.9 per cent of the city's gross domestic product or HK$96 billion in 2009. Online shopping was found ...

  10. Internet cafes may be hit hard by wage rule

    Posted Apr 04th 2011, 12:00am

    ... Tanna Chong The new minimum wage and a proposed licensing regulation expected to be introduced by the government next year could force half of the city's internet cafes out of business, a major cafe chain has warned. There are currently about 180 internet cafes in Hong Kong. 'About 40 internet cafes have started finding buyers,' said Eddy Chen Lung-shing, ...




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