I had missed interesting activity in China by those tele-boys from down-under, Telstra. According to "Now we are talking", the company has "acquired 55 per cent of two Chinese internet businesses with leading positions in the fast-growing online auto and digital device advertising sectors".
The businesses concerned are Norstar Media and Autohome/PCPop. No price was disclosed. Norstar, the post continues, "operates the popular auto site Che168.com and leading digital device site IT168.com" while "Autohome/PCPop operates the leading auto site Autohome.com.cn and popular digital device site PCPop.com".
The piece goes on to mention that Telstra had already bought 51% of the real estate site SouFun back in 2006.
Meanwhile, it may be "Hyvä aamu Beijing" for those fun Finns from Nokia. Staying on the telco/media theme, we see that they're linking-up with Baidu for a new mobile search service. According to the report "Baidu will provide a China mobile search platform for Nokia's new 'Widsets' service, and the product will be pre-loaded in Nokia handsets".
The boundaries between the telcos and media really are blurring rapidly. Long discussed, finally happening.
Showing posts with label Nokia. Show all posts
Showing posts with label Nokia. Show all posts
Saturday, July 12, 2008
G'day Beijing
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