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  • September 20, 2014
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Results 1 - 10 of 27 for yu zhengsheng

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  1. Business - Companies - INTERNET

    Weibo's revenue challenges are far from micro

    Posted Sep 30th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Fallout from rumour crackdown comes as the Sina-owned blog service feels heat from WeChat Weibo's revenue challenges are far from micro Mainland online media group Sina Corp is facing twin challenges to its revenue - from a crackdown by the government on bloggers and competition from Tencent's WeChat. Sina's flagship product Weibo ...

  2. Business - China Business - INTERNET

    300 million and clicking - Tencent's web chat service a hit

    Posted Jan 18th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Tencent's mobile instant-message app records rapid user growth in two years since launch 300 million and clicking - web chat service a hit Launched just two years ago, mobile instant-message application WeChat, developed by mainland internet giant Tencent, now has 300 million registered users, according to the company. Ahead of its second ...

  3. Business - China Business - INTERNET

    Alibaba takes bold steps on overhaul

    Posted Jan 17th 2013, 12:00am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Latest restructuring moves by e-commerce giant are just the first steps to revamp the company as it prepares for a listing Alibaba takes bold steps on overhaul Mainland e-commerce giant Alibaba's restructuring moves in the past days are only the first steps towards an overhaul of the company in preparation for the group's listing, say analysts. ...

  4. Business - China Business - INTERNET

    Alibaba keeps its focus on China despite economic slowdown

    Posted Sep 10th 2012, 12:00am by Sophie Yu

    ... Sophie Yu in Hangzhou sophie.yu@scmp.com Sales for Taobao Marketplace and Tmall expected to top 1 trillion yuan by year-end Alibaba keeps focus on China despite slowdown Mainland e-commerce giant Alibaba Group said China would remain its focus for the next three years and its operations were not affected by the slowing economic growth on the mainland. "When the economy ...

  5. Business - China Business - INTERNET

    China Everbright chief unfazed by rise of internet finance

    Posted Sep 08th 2014, 04:13am by DON WEINLAND

    ... a weakness as average Chinese opted to put hundreds of billions of yuan into online finance funds offering annual returns the banks simply could not compete with. Yu E Bao, an online money market ... finance industry on the mainland now stipulate that internet companies cannot structure and sell their own products, making partnerships with traditional financiers necessary. Yu E Bao itself ...

  6. Business - China Business - INTERNET

    Chinese head for online banking services as Weibo users shrink

    Posted Jul 23rd 2014, 01:33am by James Griffiths

    ... and payments services have boomed in the last year, with Alibaba's Yu E Bao savings product drawing attention from financial regulators after the online fund snagged HK$642 billion in deposits ...

  7. Business - China Business - INTERNET

    Launch of new products to grow mainland China online finance market

    Posted Jun 25th 2014, 02:37am by BIEN PEREZ

    ... York, was the first to launch an innovative online wealth management product for mainland consumers last June. The highly successful Yu E Bao money market fund had raised about 554 billion yuan (HK$696 billion) and signed up about 81 million investors by the end of April. With Yu E Bao, Alibaba lowered the minimum fund investment to one yuan from the previous average of about 1,000 yuan. ...

  8. Business - China Business - INTERNET

    ZTE sees opportunities in cyber-security business on mainland

    Posted Jun 11th 2014, 01:15am by Sophie Yu

    ... Sophie Yu in Shanghai sophie.yu@scmp.com Beijing's cyber-spying concerns over foreign services present opportunities for domestic players as the technology gap narrows ZTE sees potential in security business The mainland's second-largest telecommunications equipment supplier ZTE Corp might see more business opportunities in the domestic market due to security worries ...

  9. Business - Money - INTERNET

    Alibaba IPO poised for reality check as internet stocks decline

    Posted Apr 05th 2014, 01:07am by Bien Perez and Sophie Yu

    ... Bien Perez and Sophie Yu Mainland internet stocks expected to experience short-term fluctuations after surging in value Tencent's slide casts a shadow over Alibaba IPO Red-hot optimism over e-commerce giant Alibaba Group's upcoming initial public offering in the United States could give way to a reality check after shares of Tencent, Asia's largest listed ...

  10. Business - China Business - INTERNET

    Expenses erode Sohu profit by 91pc

    Posted Feb 11th 2014, 01:57am by Sophie Yu

    ... Sophie Yu sophie.yu@scmp.com Expenses erode Sohu profit by 91pc Mainland internet portal Sohu's profit fell 91 per cent year on year in the fourth quarter of last year to US$2 million on higher expenses, as revenue rose 29 per cent to US$385 million on growth in advertising and online gaming. It said operating expenses soared 78 per cent last quarter due to an increase in staff ...




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