Subscription fee of RMB 9.8 games that are promoted Download (USD 1.51) or RMB 15 (USD through its download Xunlei Kankan client 2.31) per month client and its website.Aprx.Over 1.3 million subscribers Xunlei produces its own.INSIDE BUSINESS MODEL Xunlei Online advertising Cloud-based Online games subscription service and others At the midpoint of its IPO price range ($15), Xunlei would raise $112.5 million at a valuation of $916 million. Xunlei will list on NASDAQ on July 20 under the ticker XNET.Among online video sites, Xunlei KanKan ranks fifth with 4.2% market share, according to iResearch. Market Share: Xunlei held 78.7% market share among all download software in China as of February 2011.Its 2011 Q1 revenues were $14.3 million, with gross profits of $8.8 million and net income of $1.7 million. Xunlei’s revenue breakdown: 51% online advertising, 26% subscription fees, and 23% from games and other.As of February 2011, Xunlei claimed 291 million active users. It also operates an video website, Xunlei Kankan. Xunlei is China’s largest download client for software, video, and music downloads.INSIDE INSIDE XUNLEI NASDAQ: XNET Chinese Download Client and Online Video REPORT BY profiles Chinese firmsthat are publicly-listed or may list soon inoverseas markets
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