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BRIC : Technology & Media


Baidu seals mobile search with China Unicom

Comments0 CommentsPosted: Monday 19/10/2009 10:45 by: Staff Writer

Baidu, Inc., the leading Chinese language Internet search provider, today announced it has entered into a strategic partnership with China Unicom (Hong Kong) Limited to provide wireless search for China Unicom's 3G mobile subscribers.

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China Mobile should dominate e-reader market

Comments0 CommentsPosted: Saturday 19/09/2009 10:26 by: Paul H

Following the digital trend in the West & with internet connectivity set to become ubiquitous via 3G launches by all the three major mobile operators in the near term, a number of domestic companies are jumping on the e-reader bandwagon, that has been rocking this year with Amazon's Kindle. This could be an astute move, as the Chinese market has the potential to become the largest market for the devices globally.

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Infosys wins 5 year outsourcing deal with BP

Comments0 CommentsPosted: Thursday 27/08/2009 10:39 by: Staff Writer

Infosys Technologies will manage and operate a large portion of business systems for BP, one of the world’s largest oil and gas companies, under the terms of a five-year applications outsourcing and support agreement.

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New E-Commerce Player, Buynow Online Store Formally Launched In China

Comments0 CommentsPosted: Sunday 23/08/2009 13:27 by: Paul H

It is exciting to see the pace at which ecommerce is developing in China. Today, Chinese technology products retail chain Buynow has formally launched its online store Buynow.com.cn.

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Lenovo looks to India & Emerging Markets for next phase of growth

Comments0 CommentsPosted: Friday 17/07/2009 20:40 by: Paul H

Chinese personal computer giant Lenovo has aggressive plans for its global business and is looking at its India operations to lead its thrust in emerging markets.

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Shanda to Purchase Majority Stake In Hurray!

Comments0 CommentsPosted: Monday 08/06/2009 11:25 by: Paul H

Shanda Interactive Entertainment Limited (or Shanda) (NASDAQ: SNDA), a leading interactive entertainment media company in China, and Hurray! Holding Co., Ltd. (or Hurray!) (NASDAQ: HRAY), a leader in artist development, music production and wireless music distribution and other wireless value-added services in China, today announced that they have entered into a definitive agreement under which Shanda, through a wholly-owned subsidiary, will commence a tender offer to acquire 51% of the total outstanding ordinary shares of Hurray! on a fully diluted basis (including shares represented by the American Depositary Shares of Hurray! (“ADSs”)) at a price of US$0.04 per ordinary share (or US$4.00 per ADS).

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