Booming e-commerce businesses are the latest structural shift behind China’s rural take-off.
Online Media
Youku – Tudou merger unlikely to stem losses
Youku’s proposed merger with Tudou will create one of the largest website operators in China, but synergies are limited and profitability is likely to remain elusive.
Leshi – refinancing required for copyright king
Copyright distribution has driven strong top-line growth for the innovative ChiNext-listed company, but soaring debt levels could become unsustainable unless refinancing is sought.
Ku6 – gambling all on user-generated content
Switch to user-generated content platform lead to Ku6’s first gross profit in 4Q11.
Online video: turning eyeballs into profit
Youku’s proposed $1bn stock deal for rival Tudou highlights the enormous potential of China’s online video sector, yet competition remains fierce and profitability elusive.
Real name requirements for Weibo users
A controversial ruling that all microblog users must re-register their accounts under their real names has stimulated vigorous debate among bloggers, academics and industry figures.
Bona Film – picking the big hitters
Success in selecting box-office hits to distribute this year has helped the film company turn a profit in the first nine months of 2011.
Enlight media – going local
The television programme producer is driving advertising sales by tapping local channels with a wider reach.
Fashion apparel – shooting for the stars
What do US and Chinese movie stars Wentworth Miller, Chen Daoming and Daniel Wu all have in common?
Youku – benefiting from video ads
Youku, though still loss-making, is set to turn a profit next year, mainly on the strength of video ads, a rapidly growing part of the online market.
RENMINBI COMPASS
Renminbi Compass, a new research service launched by the FT, aims to act as a navigational guide through the expanding universe of renminbi asset classes. With the Chinese currency gaining ever-wider acceptance around the world and Beijing taking steps to open its capital account, we are broadening our research coverage to include not only equity funds but also all other important renminbi asset classes, such as chengtou bonds, dim sum bonds, real estate, trust products, underground banking, art, antiques and several others.
