Subaye, Inc. Announces Paying Customer Base for Core Online Video Advertising Business Increased 104% Year-to-Date for Fiscal Year 2010; Over 50% since March 31, 2010
GUANGZHOU CITY, China, June 3 /PRNewswire-Asia/ -- -- Growth driven by both organic growth in Guangdong Province and by geographic expansion in Greater China. -- Online video advertising revenue run-rate is currently $3.9 million per month or $46.6 million annually...
Subaye, Inc. Announces Second Quarter Fiscal Year 2010 Financial Results
GUANGZHOU CITY, China, May 18 /PRNewswire-Asia/ -- -- In May, 2010 Company announced divestiture of non-core trade services and entertainment businesses to focus on growth of higher margin on- line video advertising business -- Q2 net income from continuing operati...
Subaye, Inc. to Host Second Quarter Fiscal Year 2010 Results Conference Call on May 18, 2010 at 4:15 p.m. ET
GUANGZHOU, China, May 13 /PRNewswire-Asia/ -- Subaye, Inc. (Nasdaq: SBAY) ("Subaye" or the "Company"), a leading provider of on-line video advertising for small to medium sized businesses (SMEs) in China, today announced that it will release its second quarter fiscal year 2010 financial results ...
Subaye, Inc. Sells Non-core Business and Assets to Accelerate Expansion of Its On-line Video Advertising Network; Revises Fiscal Year 2010 and 2011 Guidance
GUANGZHOU, China, May 3 /PRNewswire-Asia/ -- -- Proceeds of $7.0 million generated to date from sale of non-core business and sales of non-core assets; additional asset sales in progress. -- Capital to be allocated to further expanding geographic footprint of ...
Subaye, Inc. Expands Into New Regions of Greater China
Company Increases Online Video Advertising Customer Base by 30%, Adding Over 5,100 Paying Members in Hunan Province, Hong Kong, and Taiwan GUANGZHOU CITY, China, April 6 /PRNewswire-Asia/ -- Subaye, Inc. (Nasdaq: SBAY) ("Subaye" or the "Company"), a leading video advertising and entertainme...
Subaye Approved for Listing on NASDAQ Global Market
GUANGZHOU CITY, China, March 15 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company"), a leading internet marketing and entertainment media company in China, announced today that it has received an approval to have its common stock listed on the NASDAQ Glo...
Subaye to Present at the 22nd Roth Capital OC Growth Stock Conference on Wednesday March 17, 2010
GUANGZHOU CITY, China, March 9 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY) ("Subaye" or the "Company") a leading video advertising, importer, exporter and entertainment media company in China, announced that it will be presenting at the 22nd Annual Roth Capital OC Growth Stock C...
Subaye Acquires New Web Properties and Members
GUANGZHOU CITY, China, March 1 /PRNewswire-Asia/ -- Subaye, Inc., (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising, importer, exporter and entertainment media company in China, announced the acquisition of 12,200 new members for its http://www.subaye.com vi...
Subaye Announces Revenues and Earnings for the First Quarter of the Fiscal Year 2010 Ending September 30, 2010
First Quarter Revenue up 29% to $12.7 Million, Net Income Before Income Taxes up 30% to $3.8 Million, Net Income totaled $2.9 Million, EBITDA was $5.2 Million, Earnings per Share of $0.47 First Quarter Gross Margin up to 44%, First Quarter EBITDA Margin up to 41% First Quarter 2010 was the Fir...
Subaye Announces Fiscal 2009 Year-End Results
Revenue up 64% Year-Over-Year to $47,987,000 Net Income up 159% Year-Over-Year to $9,778,000 EBIDTA up 86% Year-Over-Year to $18,748,000 GUANGZHOU CITY, China, Dec. 30 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") announced its financial res...
Subaye Announces Mystaru Enters Joint Marketing of Film "DAYOUCUN" Agreement With QQ.com
Targeting 890 million QQ (IM) Users GUANGZHOU CITY, China, Dec. 23 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising and entertainment media company in China, that its wholly owned subsidiary Mystaru Limited, has entered into...
Subaye Provides Update on 'DAYOUCUN'
GUANGZHOU CITY, China, Dec. 16 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising and entertainment media company in China, announced new details today regarding "Dayoucun." Dayoucun is now scheduled to be released in Taiwan and Ho...
Subaye's 'Dayoucun' will be Released Nationwide in China
GUANGZHOU CITY, China, Dec. 2 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising and entertainment media company in China, announced today that "Dayoucun" will be released nationwide in China in approximately 1,000 cinemas on D...
Subaye Launches Investor Relations Site
GUANGZHOU CITY, China, Nov. 24 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising and entertainment media company in China, announced today that it has launched its investor relations website. The website can be viewed at http://...
Subaye Files Application for NASDAQ Global Market Listing
GUANGZHOU CITY, China, Nov. 23 /PRNewswire-Asia/ -- November 23, 2009 - Subaye, Inc. (OTC Bulletin Board: SBAY)("Subaye" or the "Company") a leading video advertising and entertainment media company in China, announced today that it has filed an application to list its shares of common stock to ...
Subaye Successful at Canton Fair
GUANGZHOU CITY, China, Nov. 17 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)(the "Company"), announced that upon the conclusion of the 106th session of the China Import and Export Fair (the "Canton Fair" and http://www.cantonfair.org.cn/en/index.asp ), the Company had acquired 3,8...
Subaye Releases Shareholder Letter
GUANGZHOU CITY, China, Nov. 10 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)(the "Company"), has released a shareholder letter from the Chief Executive Officer. The text of the shareholder letter is as follows: Monday, November 9, 2009 CEO Letter to Shareholders ...
Subaye Acquires Minority-Owned Interests in Subaye.com, Inc.
GUANGZHOU CITY, China, Nov. 7 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)(the "Company"), announced the completion of a Share Exchange Agreement between the Company and the minority interest owners of Subaye.com, Inc., the Company's subsidiary, a Delaware corporation. Subaye.c...
Subaye Announces Forward Guidance
GUANGZHOU CITY, China, Oct. 26 /PRNewswire-Asia/ -- Subaye, Inc. (OTC Bulletin Board: SBAY)(the "Company"), announced forward guidance for the fiscal years ending September 30, 2010 and 2011. James Crane, Chief Financial Officer, stated "Subaye has recently completed its internal foreca...
MyStarU Announces Name Change, New Stock Symbol, Reverse Stock Split
GUANGZHOU CITY, China, Oct. 23 /PRNewswire-Asia/ -- MyStarU.com, Inc. (OTC Bulletin Board: MYST)(the "Company"), announced several business developments. As of October 23, 2009, the Company changed its name to Subaye, Inc and completed a reverse stock split on a 1 share for 100 shares basis. T...