58 Q4 and Yearly Results

Feb 26th, 58(NYSE:WUBA) released unaudited Q4 and yearly results for the periods ended Dec 31st. According to the report, 58 received a revenue of USD255.3 million, up by 218.3%, net loss is USD3.60 million. The Company received a revenue of USD714.9 million, up by 169.8%, net loss is USD288.9 million. 2月26日消息,今日,58同城(NYSE:WUBA)公布了截止2015年12月31日,Q4及全年未经审计的财务报告。财报显示,58同城Q4实现营收2.553亿美元,同比增长218.3%;净亏损为360万美元.2015年全年实现营收7.149亿美元,同比增长169.8%;2015净亏损为2.889亿美元

NetEase Q4 Results

Feb 25th, NetEase(NASDAQ:NTES) released unaudited Q4 results for the quarter ended Dec 31, 2015. According to the report, the Company received a revenue of USD3.520 billion, up by 94.7%, net profit USD1.040 billion, up by 41.6%. 2月25日消息,网易(NASDAQ:NTES)今天宣布了公司截止到2015年12月31日的第四季度未经审计财务业绩。而网易2015年净收入为228.03亿元人民币(35.20亿美元),同比增长94.7%;净利润67.35亿元人民币(10.40亿美元),同比增长41.6%。

Tsinghua Unigroup Not to Invest in Western Digital

Tsinghua Unigroup(SHSE:000938) has released announcement late Feb 23rd stating that as the deal of investing in Western Digital Corp will be under inspection of Committee on Foreign Investment in the United States, and considering relevant stipulation and prodence, the Board has decided to terminate the deal. 紫光股份2月23日晚间公告称,由于公司拟入主美国纳斯达克上市公司西部数据的交易需要履行美国外资投资委员会(CFIUS)的审查程序,根据相关约定及基于审慎性考虑,公司董事会决定终止此次交易。

LeTV vs Baidu Lawsuit

Feb 22nd, according to a Court in Haidian district, Beijing, LeTV has sued Baidu for unfair competition, and has claimed RMB1 million compensation. As Baidu is presenting video content from LeTV via its own video platform and blockd LeTV’s webpage, URL and Ads. 2月22日消息,北京市海淀法院今日在其官微通报了乐视诉百度不正当竞争一案。因认为百度视频通过抓取播放窗口的方式,嵌套乐视网视频资源到百度视频客户端,屏蔽了乐视网网页、网址、广告,造成公众混淆,构成不正当竞争 。

Uber Losing Money in China

Uber CEO Travis Kalanick told Betakit reporter in an interview that Uber is making profit in US and is losing USD1 billion a year in China, mainly due to price wars with lcoal competitor “我们在美国是盈利的,但在中国一年的亏损竟超过十亿美元。”Uber的CEO Travis Kalanick在加拿大技术平台Betakit的采访中这样说道。主要原因归咎于与中国本土的竞争者滴滴快的进行的激烈价格战。

SHARP to Respond to Foxcomm Offer in 2 Weeks

Feb 18th, according to Wall Street Journal, Terry Guo, CEO of Foxcomm, has just finished 3 day negotiation with SHARP, which is to respond to his USD5.5 billion offer in 2 weeks. 2月18日消息,据华尔街日报网报道,台湾富士康董事长郭台铭近日表示,日本夏普将于未来两周对外宣布是否接受富士康55亿美元的收购要约,郭先生刚刚结束了与夏普公司长达3天的磋商。

Autohome Q4 and Annual Report

Feb 17th, Autohome(NYSE:ATHM)released unaudited financial report for Q4 ended Dec 31, 2015 and the entire year. According to the report, revenue of the Company was USD167.0 million in Q4, up by 46.3%. 2月17日消息,汽车之家 (NYSE:ATHM)今日发布了截至2015年12月31日未经审计的2015年第四季度及2015年全年财报。财报显示,2015年第四季度,净营收同比增长46.3%,至10.815亿元人民币(1.670亿美元)。