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Xunlei Announces Investee Company Completes IPO on Shanghai Stock Exchange STAR Market
Globenewswire· 2025-06-11 10:00
SHENZHEN, China, June 11, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that its investee company, Arashi Vision Inc. (“Arashi Vision”, also known as Insta360), has completed its initial public offering on the Shanghai Stock Exchange STAR Market under the stock ticker 688775 on June 11, 2025. As of the date of this press release, Xunlei holds approximately 7.8% the equity interes ...
Xunlei Closes Acquisition of Hupu
GlobeNewswire News Room· 2025-06-02 12:00
SHENZHEN, China, June 02, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited ("Xunlei" or the "Company") (Nasdaq: XNET), a leading technology company providing distributed cloud services in China, today announced that it has closed the acquisition of Shanghai Kuanghui Network Technology Co., Ltd. ("Kuanghui", also known as Shanghai Kuanghui Internet Technology Co., Ltd.), which operates Hupu, a leading sports media and data platform in China. Pursuant to the terms of the definitive agreement between Xunlei and Kuanghu ...
Xunlei Announces Unaudited Financial Results for the First Quarter Ended March 31, 2025
Globenewswire· 2025-05-15 10:00
"This year will be pivotal for Xunlei, marked by the strategic acquisition of Hupu and proactive exploration of corporate development initiatives aimed at diversifying revenue streams to achieve sustainable growth in both top-line and bottom-line. Supported by our strong capital structure and ample financial liquidity, we remain committed to delivering value to users while harnessing our outstanding technological capabilities and operational expertise to capitalize on AI-driven applications and other new op ...
Xunlei Limited Schedules 2025 Unaudited First Quarter Earnings Release on May 15, 2025
Globenewswire· 2025-05-08 12:00
SHENZHEN, China, May 08, 2025 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei” or the “Company”) (NASDAQ: XNET), a leading technology company providing distributed cloud services in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2025 on May 15, 2025 before market open. The earnings press release will be available on the Company's investor relations page at http://ir.xunlei.com. Conference Call Xunlei's management will host a conference call ...
Xunlei Filed Its Annual Report on Form 20-F for Fiscal Year 2024
Newsfilter· 2025-04-25 02:30
Core Viewpoint - Xunlei Limited has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, indicating ongoing compliance and transparency in its financial reporting [1]. Company Overview - Xunlei Limited, founded in 2003, is a leading technology company in China that provides distributed cloud services [2]. - The company offers a diverse range of products and services, including cloud acceleration, shared cloud computing, and digital entertainment, aimed at delivering an efficient, smart, and safe internet experience [2].