Ku6.com To Become First US-Listed Chinese Online Video Site

Ku6, acquired by Shanda (Nasdaq:SNDA) controlled Hurray Holdings (Nasdaq:HRAY) in November 2009, is now poised to become the first US-listed pure play Chinese online video site. I have written extensively about China’s online video business. To date more than $500M has been invested into various Chinese firms, with the field effectively winnowed down to four standalone [...]

“The Rise and Flight of China’s Ringtone Lord”-Caixin on China Mobile’s Li Xiangdong (李向东)

Caixin has published a good English article on the Li Xiangdong case-The Rise and Flight of China’s Ringtone Lord. Li was head of China Mobile’s mobile music service, making him one of the most powerful mobile content executives in China. He is alleged to have taken at least 400m RMB, and probably more, in bribes/kickbacks/side [...]

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