Go To India! — A New Trend among Local Mobile Phone Manufacturers in China

Go To India! — A New Trend among Local Mobile Phone Manufacturers in China
Why do they favor India?
India has already become the third largest smartphone market in the world. It is predicted that in 2015 the shipments of smartphone would exceed a hundred million. To Chinese manufacturers, the tends in the Indian market seems familiar: user's preference is transforming from feature phone towards smartphone, the distribution channels is moving from offline towards online - just like the changes in Chinese market in the past three years.

Momo Renewed its Prospectus: the Issue Price would range from $12.5 to $14.5
Road Show starts today - expected to finance 2.566 hundred million dollars
The co-founder, chairman and the CEO would own all the Class B shares. Morgan Stanley, JP Morgan, Credit Suisse and China Renaissance involved in the IPO.

An “Internet Police” was offered a bribe of more than 700 thousand RMB
Would spend 10 years in jail
This “internet police” took the bribe and remove certain contents on purpose from “Tianya” and “Kaidi” online forum from 2011 to 2012.

In Memory of Wu Qingyuan
According to Yomiuri Shimbun, Mr. Wu Qingyuan, the master in the game of go, passed away at the age of 100 on November 30th in Japan.