Xunlei, the Chinese Internet company whose IPO was scheduled, then postponed indefinitely this summer, is now catching U.S. legislators’ attention.
Guest Post China Central Television’s recent attacks on Baidu (Nasdaq: BIDU) may lead to new regulations that force China’s largest search engine to separate paid advertising from organic search results more clearly.
Guest Post Tudou Holdings Limited, a leading online video company in China, ended its initial public offering saga this week, limping onto Nasdaq (under the symbol TUDO) at a price equal to 16 times revenues in the 12 months through March 31. That valuation is about half the 31 times revenue rival Youku.com Inc. (NYSE: YOKU) received in its December 2010 initial public offering.
Guest Post Chinese internet company Xunlei Limited last week announced the postponement of its initial public offering and Nasdaq listing, citing adverse stock market conditions. The company had intended to raise up to $140 million to expand what many regard as a haven for copyright infringement that would be illegal if operated inside the United States.