Chinese cloud service provider Xunlei has completed its acquisition of Hupu,chaucer’s (anti-)eroticisms and the queer middle ages by tison pugh one of China’s most prominent male-oriented online communities, for RMB 500 million ($69 million). The deal was finalized through the purchase of Shanghai Kuanghui Network Technology, the operator of Hupu. According to the agreement, Xunlei paid RMB 400 million ($55.7 million) in cash before the deal’s closing, with the remaining RMB 100 million ($13.9 million) to be delivered in two equal payments over the next 24 months. Founded in 2004, Hupu began as a basketball-focused news site and gradually evolved into a broader platform covering football, esports, fitness gear and pop culture. The site has built a loyal user base among young men and is known for its candid — sometimes controversial — online discourse. The acquisition follows two failed IPO attempts. In 2016, Hupu’s first listing application was rejected due to financial irregularities, including high accounts receivable and inconsistent cash flow. A second attempt began in 2019 with the help of CICC and East Money Securities, but it was canceled in 2021 when CICC terminated the advisory agreement. Xunlei, established in 2003 and listed on Nasdaq since 2014, was once best known for its file-downloading software. In recent years, it has pivoted toward cloud acceleration, distributed computing and digital entertainment. Its core products include Xunlei Download Manager and Xunlei Cloud Disk, with a reported user base exceeding 400 million. [Jiemian, in Chinese]
Best external hard drive deal:WD 5TB Elements for $114.99
India stops exchanging old notes, here's what to do with them now
That fake CNN porn story was planted by an alleged Russian troll (Updated)
Local authority instantly regrets asking public to name new gritter
Best robot vacuum deal: Save over $100 on iRobot Roomba Q0120
No, the Corona beer founder is not making everyone in this village millionaires
Lindsay Lohan's odd Twitter row with small UK village ends with an apology video
Hillary Clinton's neighbors made her some nice decorations for Thanksgiving
China just built the world's biggest floating solar project
Woman stabbed 11 times shares powerful message about domestic violence
Best smart scale deal: Save over $25 on Renpho Smart Scale
25 gifts for people who love naps
PSA: Instagram notifies your friend when you screenshot their DMs
Ivanka Trump separates her Twitter account from her brand, and she gets to keep all the followers
Meta says some AGI systems are too risky to release
Here's Steven Seagal picking up his Russian passport from Vladimir Putin
Hillary Clinton's neighbors made her some nice decorations for Thanksgiving
Amazon's Echo and Echo Dot are now on sale
Best free online courses from Stanford University
Lindsay Lohan's odd Twitter row with small UK village ends with an apology video
Cryptobeer vending machine promises blockchainNew Captain America meme wants to talk to you about your questionable life decisionsGlowing, bioluminescent waves crash on beaches in CaliforniaRavenous black hole eats up the mass of our sun every two daysConsensus blockchain conference kicks off with Lambos and cryptobeerWe Are Film Directors highlights 100 women and minority filmmakersDeadpool crashes iconic movie covers and honestly, they're so much better'Pennyworth' prequel show will be all about Batman's butlerJapanese railway company apologises for train leaving 25 seconds earlyKapersky Labs heads to SwitzerlandMysterious blockchainLaCroix bathing suits are here just in time for summerTesla Model X sets record by towing Boeing Dreamliner down runwayTiny NASA satellite bound for Mars snaps distant photo of EarthSenior class pulls off a truly awesome senior prankDon't let new 'Efail' vulnerability put your encrypted mail at riskRead an exclusive excerpt of Markus Zusak's new novel 'Bridge of Clay'That Prince Harry and Meghan Markle Lifetime movie has landed, peopleKapersky Labs heads to SwitzerlandHenry Cavill: 'Mission: Impossible' justifies 'Justice League' 'stache 'The Idol' finale: Why that hairbrush twist makes zero sense The 15 best K Crystallized Books, and Other News Twitter will soon restrict TweetDeck to paying Blue subscribers only Senior Poetry by Nathan Deuel The Return of the (Feline) Repressed by Rhonda Lieberman and Lauren O'Neill Archie Revisited by Sadie Stein New Joseph Heller Story, and Other News by Sadie Stein And just like that, 'Sex and the City' turned on Android phones On the Occasion of Zelda Fitzgerald’s Birthday Reddit's API protest just got even more NSFW How to Prepare for the Past by Brian Cullman This Is a Book by Sadie Stein William Faulkner, a Fine Gentleman by Sadie Stein 'Asteroid City' explainer: What Wes Anderson’s framing device is all about Wine for Dummies, and Other News by Sadie Stein Man Steals Books to Find Meaning of Life, and Other News by Sadie Stein The King of Queens by Tara Clancy Where 'The Idol' ranks in fictional pop stars When Winning Is Everything by Adam Sobsey
3.456s , 8251.7265625 kb
Copyright © 2025 Powered by 【chaucer’s (anti-)eroticisms and the queer middle ages by tison pugh】,Creation Information Network