CalTrade Report, Google, California global, California international, Internet, cellphones, mobile comunications, Xunlei Network Technology, China Mobile, Ceyuen Ventures - GOOGLE PARTNERS WITH CHINESE SERVICE PROVIDERS - CalTrade ReportAsia Quake Victims SAN FRANCISCO – 01/05/07 – Google and Shenzhen-headquartered Xunlei Network Technology company have reportedly forged a strategic partnership to serve consumers in China, the world's second-largest Internet market; Xunlei offers music and video file-sharing services, claiming more than 120 million users and attracting more than 50 million visitors a day. - SAN FRANCISCO – 01/05/07 – Google and Shenzhen-headquartered Xunlei Network Technology company have reportedly forged a strategic partnership to serve consumers in China, the world's second-largest Internet market; Xunlei offers music and video file-sharing services, claiming more than 120 million users and attracting more than 50 million visitors a day. - GOOGLE PARTNERS WITH CHINESE SERVICE PROVIDERS CalTrade Report, Google, California global, California international, Internet, cellphones, mobile comunications, Xunlei Network Technology, China Mobile, Ceyuen Ventures - GOOGLE PARTNERS WITH CHINESE SERVICE PROVIDERS

 
Tuesday, January 06, 2009

 

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Page Two

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GOOGLE PARTNERS WITH CHINESE SERVICE PROVIDERS

SAN FRANCISCO – 01/05/07 – Google, the world’s largest Internet search engine, and Xunlei Network Technology have reportedly forged a strategic partnership to serve telecom consumers in China, the world's second-largest Internet market.

A Google spokesman declined to give details on the arrangement, but according to wire services, the China Daily reported that Google will team up with Ceyuan Ventures, a venture capital firm in Shanghai, to buy a stake in Xunlei, which is headquartered in Shenzhen.

Xunlei offers music and video file-sharing services. The company claims more than 120 million users. According to industry sources, Xunlei’s website attracts more than 50 million visitors a day and more than 80 million users have downloaded its software.

Google, which recently bought online video-sharing company YouTube, has sought to expand its presence in the online video market.

In a related development, Google announced it has formed a partnership with China Mobile, that nation's largest telecommunications carrier. The partnership will provide online search services for mobile phones.

The new deals reflect the California-based company’s strategy of broadening its global Internet presence, particularly in China.

Since entering the market, Google has lagged far behind China's top Internet search-engine provider, Baidu.com.

Go back, or read the latest Page Two stories:

DISNEY TO LAUNCH TV CHANNEL IN RUSSIA

BURBANK – 12/31/08 – The Walt Disney Company has said it will team-up with Media-One Holdings Ltd. to launch a Disney-branded television channel in Russia in 2009; Disney will have a 49% stake in the venture in exchange for a cash investment and content acquisition, according to a recent piece in the Los Angeles Business Journal.


GOLDEN SPOON ENTERS THE GLOBAL MARKET

RANCHO SANTA MARGARITA – 12/12/08 – Frozen yogurt giant Golden Spoon has accelerated its international expansion with the announcement of two additional stores for Japan; the new stores will be located within Tokyo Station and the Kansai International Airport and are slated to open for business this month.


PORT OF STOCKTON EXPANDS ITS FTZ

STOCKTON – 12/05/08 – The Port of Stockton has received approval from the US Dept. of Commerce (DOC) Foreign Trade Zones Board for expansion of its Foreign Trade Zone No. 231; the expansion at the nearly 475-acre Opus West Park in East Stockton is the eighth site approved in Stockton by the DOC and is sited adjacent to the Burlington Northern and Santa Fe Railroad line linking Central California with points throughout the country.


NETSUITE GOES LIVE IN SINGAPORE

SAN MATEO – 10/28/08 – Business management software developer NetSuite Inc. has launched a new venture - NetSuite OneWorld in Singapore; the move was spurred by forecasts that that Asia-Pacific software as a service (SaaS) revenues will grow from $274 million in 2007 to around $1.8 billion by 2011.


CHINA’S TASTE FOR CAL WINE GROWS

SONOMA – 08/09/08 – California-based vintner Bronco Wine has forged a deal with Legacy Wine and Spirits International to export a selection of its varietal Hacienda label wines to China; the first container of 750ml bottles of Bronco’s Merlot, Cabernet Sauvignon, Chardonnay, Sauvignon Blanc, Riesling, Gewurztraminer, Viognier, White Zinfandel and Brut Sparkling Wine reportedly left the Port of Oakland last week.


SANDISK REJECTS SAMSUNG ACQUISITION BID

MILPITAS – 09/24/08 – US flash memory maker SanDisk Corp. has reportedly rejected a $5.9 billion bid by top memory chip-maker, Samsung Electronics Co., but said it would not rule out a deal at a better price; SanDisk said in a statement that Samsung's $26-a-share cash offer undervalued the company, but it remained open to a deal with Samsung at a price that recognizes its "intrinsic value."



 

 

 

 

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