Seek news on
InfoAnda
powered by
Google
Custom Search

Last text search :
2016 wso 2.5 rw-r
2017 #1 smp wso rw-r

wso-drwxr-xr-x-smp.php-(writeable).php
2017 #1 smp wso rw-r
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php
wso-drwxr-xr-x-smp.php-(writeable).php


Thursday, 9 December 2010 - Youku, Dangdang shares soar in debut
  • Pakistanis angry over detentions in Times Sq. case
    Monday, May 24, 2010
    ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
    They
  • Taiwan denies boycotting Australian film festival
    Thursday, August 6, 2009

    AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
  • Merkel's support dips, regional ally resigns International
    Thursday, September 3, 2009

    By Sarah Marsh and Noah Barkin

    BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
  • Minister seeks closure of anti-Berlusconi websites
    Wednesday, December 16, 2009
    ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
  • Asian markets mixed after Wall Street rally
    Wednesday, March 18, 2009

    By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
  • Lawmakers want more Google Street View info | | 27 May 2010
  • 59 die in suicide attack on Iraq army recruitment centre | 18 August 2010
  • New Daimler factory may help Hungary avoid recession | | 17 March 2012
  • Eleven-Year-Old Boy Charged In Shooting Death Of Pennsylvania Pregnant Woman | 24 February 2009


    Forum Views () Forum Replies ()

    Read more with google mobile : Youku, Dangdang shares soar in debut

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Youku, Dangdang shares soar in debut Reuters - Thursday, December 9 Send IM Story Print By Clare Baldwin NEW YORK - The shares of two Chinese companies considered that nation's YouTube and Amazon.com soared in their U.S. debuts on Wednesday as investors bet they could become leaders in a still-nascent market. Online video company Youku.com Inc's stock opened at $27, 110.9 percent above its $12.80 IPO price. The shares rose as high as $37 before giving up some of the gains to trade around $33 at midday. The shares of online retailer E-Commerce China Dangdang Inc opened at $24.50, 53.1 percent above their $16 IPO price. They rose as high as $30.10 before easing somewhat to $29.12 in midday trading. "Investors like to get in early in companies that could end up dominating their markets," said Paul Bard, an analyst at Connecticut-based IPO research and investment house Renaissance Capital. "You have two potential leaders in two potentially massive markets in China. I think that's being reflected in their trading today." Investors are looking for "high quality, high growth" companies in China that can scale their businesses as more Chinese consumers come online, Dangdang Chief Financial Officer Conor Chia-hung Yang told Reuters. "They look at the success of Amazon and they look for that in China," said Yang, citing a market of 100 million online shoppers. "We are in the early stages of the growth." So far this year, Chinese companies making their debut in the United States are posting returns of about 30 percent, according to Thomson Reuters data. That contrasts with an average return of about 23 percent for all U.S. IPOs this year, including for companies based in China, according to data from Renaissance Capital. SEEKING PROFIT Still, there have been some flops. The shares of Chinese online retailer Mecox Lane Ltd, which were launched in late October, are currently trading 39.2 percent below their $11 IPO price. Soon after its IPO, Mecox reported a year-on-year drop in its gross margin, causing its shares to swoon and triggering several class action lawsuits. Youku and Dangdang's greatest challenges may lie on their balance sheets. Both are in competitive businesses and both are fighting for profitability. Youku's revenue increased by an average of 1,000 percent a year over the past two years and was up 135 percent in the first nine months of the year over the year-earlier period -- but it has never turned a profit. Dangdang fared slightly better. It swung to a roughly 16 million yuan profit from a 5.2 million yuan loss in the first nine months of 2010. Revenue grew 55.6 percent to 1.6 billion yuan in the same period. The company holds 50 percent market share for books and media and is currently expanding to general merchandise categories such as beauty, home and lifestyle and baby goods. "We want to leverage our client base and execution in the media sector and then go into general merchandise," Yang said, adding that, in the first nine months of 2010, some 6.8 million "active" customers had placed orders. That is up from 1.9 million in 2007 and 6 million in 2009. Dangdang currently reaps half of its business from customers in first tier cities in China, but the company can deliver goods to 750 cities around the country and collect cash -- the payment method of choice -- on the spot. Youku sold 15.8 million American depositary shares for $12.80 each on Tuesday, raising about $203 million. It had planned to sell 15.4 million shares at $9 to $11. Dangdang priced its IPO at 14.3 percent above the expected range on Tuesday, raising $272 million by selling 17 million American depositary shares for $16 each. The company previously raised the expected price range for its IPO. Credit Suisse Group AG and Morgan Stanley led the underwriters on the Dangdang IPO, while Goldman Sachs Group Inc led Youku's underwriters. Both companies are trading on the New York Stock Exchange, Youku under the symbol "YOKU" and Dangdang under "DANG." Recommend Send IM Story Print Related Articles US-TECH Summary Reuters - 30 minutes ago Salesforce to buy cloud firm to expand apps platform Reuters - 30 minutes ago WikiLeaks opponents in sights of 'Anonymous' AFP - 40 minutes ago FBI 'Facebook sting' nets US man in car bomb case AFP - 46 minutes ago As jurors go online, U.S. trials go off track Reuters - 1 hour 6 minutes ago News Search Top Stories Eurogroup head attacks 'un-European' Germany Successful launch for US company's space capsule Private space capsule splash lands in Pacific: NASA Retired French electrician says heir to second Picasso trove First private space capsule launches from US More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Elizabeth Edwards dies of cancer Russian satellites crash into Pacific: space official Bank of America admits fraud in US antitrust case Study links receipts, cash to cancer and obesity Defiant Obama defends tax cuts, eyes 2012 More Most Viewed » NASA finds new form of life... on Earth World leaders scramble for funds to save the tiger US, S.Korea plan war games after N.Korean attack Defiant Obama defends tax cuts, eyes 2012 More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

    Other News on Thursday, 9 December 2010
    Ireland's over-optimism helped spark crisis: PM
    Palestinians doubt U.S. will help them get state
    Electronic payments crowd out checks in US: Fed
    News
    Eurogroup head attacks 'un-European' Germany
    Retired French electrician says heir to second Picasso trove
    Hackers launch cyber attacks after WikiLeaks' funding cut
    Three Latvians kidnapped in Darfur freed: WFP |
    Eurogroup head attacks 'un-European' Germany
    Intel has 35 tablet wins, buys back shares
    Successful launch for US company's space capsule
    Taliban video shows US soldier held in Afghanistan
    First private space capsule launches from US
    PayPal says cut WikiLeaks account because of US position
    US-TECH Summary
    Haiti protests erupt after disputed polls
    Handover to Afghan troops will start in few months
    Mexican children learn to take cover in drug war |
    Youku, Dangdang shares soar in debut
    Japanese social media firm DeNA under antitrust probe
    German teen hacker apologises to Lady Gaga: report
    Online holiday spending crosses $17.5 billion: comScore
    Private rocket with test capsule for NASA in orbit
    Two trains collide in Bangladesh, at least 7 dead: police
    Thailand likely to end emergency rule by New Year: PM
    EU slaps huge fine on South Korea, Taiwan LCD cartel
    China ducking responsibility on N.Korea: US Admiral
    India raids ex-minister's homes in telecoms probe
    From WikiLeaks to #ukuncut, Twitter gets political |
    Iranian movie on U.S. in Iraq entered for Oscars
    Leg-spinner Warne 'flattered' by comeback calls
    As jurors go online, U.S. trials go off track |
    Attack on MasterCard site a grass-roots effort |
    Intel has 35 tablet wins, buys back shares |
    Chinese firms all the rage on Wall Street
    Online holiday spending crosses $17.5 billion: comScore |
    EU slaps huge fine on South Korea, Taiwan LCD cartel
    Private firm launches, lands space capsule for NASA |
    Morgan Stanley cleared to sell Chinese bank stake
    AirAsia to launch Philippine joint venture
    Pakistani stocks end on 29-mth high; rupee weakens
    Kazakhstan, Kyrgyzstan in landmark power deal
    I'm not a lesbian says tearful Oprah Winfrey |
    Aretha Franklin reported to have pancreatic cancer |
    Oprah feared launching OWN network |
    Gates declares Afghan war strategy is working
    Britain's coalition gov't faces major tuition test
    High hopes, hard realities for India's 35-dlr computer
    China, North Korea reach consensus over crisis: report |
    Europe freezes as fresh snow causes travel chaos
    WikiLeaks backers hit MasterCard and Visa in cyberstrike
    Snow shuts Eiffel Tower, Paris Charles de Gaulle airport
    Private space capsule splash lands in Pacific: NASA
    WikiLeaks' opponents in sights of 'Anonymous' hackers
    French trial of Pinochet officials opens
    Canada and U.S. to sign border, security deal: report |
    U.N. climate talks seek to avert damaging failure |
    'Facebook sting' nets US Muslim in car bomb case
    China says will not give in to pressure on Nobel winner |
    Nintendo needs some magic to spur growth
    Suspected Mexican drug lord on teachers' payroll |
    Google says shut out of USDA cloud computing deal
    Chile's worst prison fire kills 81 inmates |
    Netflix in Starz talks, says deal not essential
    Poland not ready to push Russia "reset" button
    U.N. council backs Ouattara in Ivory Coast election |
    Thai ruling party survives ban threat
    Palestinians doubt U.S. will help them get state |
    Police link 'bicycle thief' to Hollywood PR killing
    Anger as Philippines says will skip Nobel ceremony
    China's top diplomat meets North Korea's Kim |
    China's top diplomat meets North Korea's Kim
    Taiwan confirms mass producing cruise missiles
    New traffic rules drive car sales in Beijing
    Figure skater Takahashi leads Japan charge at GP Final
    World's oldest piano maker tunes in to furniture design
    Three endangered elephants found dead in Indonesia
    Iraq zooms ahead with new driving permits
    US Admiral promotes defence ties with S.Korea-Japan
    US-ENTERTAINMENT Summary
    "Rabbit Hole" shoot a harrowing time for Kidman
    Australian minister 'not a spy' for US: colleagues
    "The Tourist" faces box office struggle
    China, North Korea reach consensus over crisis-Xinhua
    HBO snubs "True Blood" creator's new project
    Disney's "Millionaire" appeal faces setback
    China's property bubble getting worse: state media
    Police link 'bicycle thief' to Hollywood PR killing
    Aussie golliwog dolls banned for Oprah visit: report
    HIV actor lashes porn industry, demands condoms
    China drinks maker wins legal battle with PepsiCo
    AIG shortlists two bidders for Taiwan unit: report
    Seoul shares at 3-year closing high on techs and banks
    WikiLeaks backers hit MasterCard and Visa in cyberstrike |
    S.Korea c.bank holds rates but still in tightening mode
    Pakistan
    Taiwan sells 10-year govt bonds at 1.471 pct
    Japan's Toyota Tsusho in India rare earths plan
    Japan growth revised higher, risks ahead: analysts
    New York fans recall Lennon 30 years after murder |
    Black Eyed Peas album a flop at No. 6 on chart |
    New Narnia film stirs religious controversy |
    Disney's Millionaire appeal faces setback |
    Rabbit Hole shoot a harrowing time for Kidman |
    HBO snubs True Blood creator's new project |
    Russell Brand takes sobriety to new level in Tempest |
    Seth Meyers key speaker at White House press dinner |
    Israel seeks cash and amnesty rapprochement with Turks
    eBay not liable on trademark dispute: EU court
    Israel launches strikes, warns on Gaza
    Credit agency Fitch slashes Ireland ratings
    WikiLeaks supporters vow to step up cyber attacks |
    Toshiba says chip plant halted by power outage
    BAE Systems to cut nearly 1,400 jobs in Britain
    UK parliament to vote on divisive student fees rise |
    NATO service member killed in southern Afghanistan
    WikiLeaks followers target Swedish govt: report
    German inflation hits two-year high at 1.5%
    Soul legend Aretha Franklin has cancer: reports
    Israel launches strikes, warns on Gaza |
    Cyber group says WikiLeaks attacks to grow
    Businesses seek refuge from drug war in Mexico City |
    Upbeat UN climate talks work on hiccups
    Analysis: Wikileaks battle: a new amateur face of cyber war?
    Kenya old guard slow reform, risk strife: U.S. cable |
    Pressure mounts on states boycotting Nobel ceremony
    Japan man loses appeal over death of UK hostess
    India says solution to ending Kashmir protests in sight |
    Foreign media websites apparently blocked in China
    China, North Korea stand fast despite US anger
    Dutch want Catholic Church to address abuse cases |
    Thai football fans pour frustrations online
    China, North Korea tout 'consensus' amid US anger
    N.Korea's Kim meets top China official in Pyongyang
    Top Palestinian officials head to Washington
    S.Korea plans to turn ruins of shelling into park
    Leaked US cable says China has 'no morals' in Africa
    Pressure mounts over Nobel boycott
    Howard Stern in 5-year deal with Sirius XM |
    Soul legend Aretha Franklin has cancer: reports
    Analysis: WikiLeaks battle: a new amateur face of cyber war? |
    One in four worldwide pays bribes: study
    Stores and shoppers turn to holiday online wish lists |
    Pakistani stocks end lower; rupee, o/n rates flat
    Pakistan's forex reserves ease to $16.39 billion
    Google's Android closing gap on Nokia's Symbian |
    S.Korea sukuk tax bill not approved by lawmakers -official
    EBay not liable on trademark dispute: EU court |
    Toshiba: chip plant outage could slash shipments
    Cyber group says WikiLeaks attacks to grow |
    China video site Youku soars on Wall Street debut
    OGDCL submits joint bid for BP Pakistan assets
    Dell offers nearly $1 billion to buy Compellent |
    Bayer's investment expansion plans in China
    A Minute With: Angelina Jolie, femme fatale and busy Mom |
    Carrie Fisher brings Wishful Drinking to TV |
    Aretha Franklin reported to have pancreatic cancer |
    I'm not a lesbian says tearful Oprah Winfrey |
    Howard Stern in 5-year deal with Sirius XM |
    Greece at new risk of being pushed off euro
    Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
    Female Breasts Are Bigger Than Ever
    AMD Trinity Accelerated Processing Units Now in Volume Production
    The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
    AMD to Start Production of piledriver
    Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
    Islamists Protest Lady Gaga's Concert in Indonesia
    Japan Successfully Broadcasts an 8K Signal Over the Air
    ECB boosts loans to 1 trillion Euro to stop credit crunch
    Egypt : Mohammed Morsi won with 52 percent
    What do you call 100,000 Frenchmen with their hands up
    AMD Launches AMD Embedded R-Series APU Platform
    Fed Should not Ignore Emerging Market Crisis
    Fed casts shadow over India, emerging markets
    Why are Chinese tourists so rude? A few insights

    [InfoAnda] [Home] [This News]



    USD EUR - 1 year graph

    BlogMeter 1.01