China :: Business :: Deals

Rumor: Sina Testing QQ-Type Account Numbers DoNews, 9/29/11 Chinese internet company Sina (Nasdaq: SINA) has reportedly begun internal testing of its secret "Weihao" user ID system, which provides users with an account number similar to rival Tencent's (0700.HK) QQ numbers. The number can be used instead of an e-mail address to log into Sina products, such as the Weibo microblogging platform, to search for a specific user, or to remotely lock an account to prevent identity theft. Allegedly leaked screenshots show Sina CEO Charles Chao has been issued the number "001." A dedicated channel for the service (hao.weibo.com) is reportedly accessible only to Sina employees.

The China Business Network has posted a podcast interview with me regarding Chinas luxury, fashion and premium brand markets. This is, of course, in anticipation of my address at The Fashion Institute of Technology on Monday, October 3. To wit: Michael Zakkour, Principal at Technomic Asia and an expert on strategic market planning and trends in China, has spent the last year analyzing Chinas new consumers. And what he has discovered is that many view fashion and luxury products in a very different way than they did even a couple of years ago. His presentation, Fashion, Beauty and Status One Year on the Front Lines of Chinas Luxury and Apparel Markets, will detail a year-long study of what consumers want, who is selling it to them, and how they do it. Also speaking will be Professor Mark Greiz, Fashion Institute of Technology, and Chief Consultant, MG Consulting; Professor Lawrence Delson, Fashion Institute of Technology and New York University and President, Delson International Inc...

China's Mobile Browser Users Up 4% YoY in H1 2011 Sina Tech, 9/28/11 In a new report on mobile web browsers released today, the China Internet Network Information Center (CNNIC) found that the number of mobile browser users in China increased by 7.7 mln during the first half of 2011, up 3.7% YoY. As of the end of June, there were 215 mln mobile web browser users in China, with 67.6% of mobile internet users using mobile browsers. 38.6% of mobile browser users use only one browser. Owing to the low cost of switching browsers, most users will try other browsers after sticking with a given mobile browser for half a year. Tencent's (0700.HK) QQ mobile browser enjoys 68.1% market penetration, built-in phone browsers have 52.8% penetration and the UCWeb browser has 46.3% market penetration; all three lead the market, in terms of penetration, by a comfortable margin. 56.7% of QQ mobile browser users are in fact using the browser built into the Mobile QQ suite of Tencent mobile applica...

Excuses, excuses, excuses. Sorry about the low post volume. We had our company retreat in the mountains and lakes of Zhejiang Province. Mountain climbing, boating, whitewater rafting, lots of amazing food, laughter and games. We had a great time. Thanks to our CEO, Steve Ganster, for making it all possible. Then it was on to Vietnam for 4 days of work before heading to NY. Now, to catch up

Source : Seeking Alpha By Andew Sizemore GLG Life Tech Corporation (Nasdaq: GLGL) engages in the research and development, growing, refining, production, and distribution of stevia extract to the food and beverage industry worldwide. Stevia extract is a natural sweetener extracted from the stevia plant. The company has a strategic alliance with Cargill, Incorporated, to supply stevia extract to Cargill for manufacturing a natural and zero-calorie sweetener brand called TRUVIA, a major brand which was originally co-developed by Coca Cola (KO) and Cargill. GLG Life Tech Corporation was founded as a public company in 2005 and is headquartered in Vancouver, Canada. In addition to its thriving stevia operations, GLG has aggressively entered the Chinese market and is moving rapidly to dominate within an industry which is currently valued at $21 Billion, and growing. In December 2010, GLG entered into a joint venture agreement with China Agriculture and Healthy Foods Company Limited (CAHFC) -...

China Unicom Lags Demand for RMB 1,000 3G Smartphones Sina Tech, 9/23/11 Yu Yingtao, general manager of China Unicom's (NYSE: CHU; 0762.HK; 600050.SH) marketing division, recently remarked on his personal microblog that the market for RMB 1,000 3G smartphones was "unusually hot," and expects demand to outstrip supply. From October to December, Unicom will supply its sales channels with 2 mln ZTE (0763.HK; 000063.SZ) Blade handsets, 2 mln Lenovo (0992.HK) A60 handsets, 2 mln Huawei Sonic handsets, and 2 mln Coolpad 706 handsets from Yulong Computer Telecommunication, a subsidiary of China Wireless Technologies (2369.HK).