News Digest: May 4, 2012 报摘： 2012年5月4日

The following press releases and media reports about Chinese companies were carried on May 4. To view a full article or story, click on the link next to the headline.

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◙ Alibaba’s Tianmao Enters Household Appliance Market, Signs Up 800 Merchants (Chinese article)

◙ Bright Food Buys 60% of U.K. Cereal-Maker Weetabix (English article)

◙ China’s Q1 Group Buy Transaction Volume Up 234% YoY (English article)

◙ Spreadtrum Communications (Nasdaq: SPRD) Announces Q1 Results (PRNewswire)

◙ Smartphone Start-up Xiaomi Says Monthly Revenue Passed 1 Bln Yuan (Chinese article)

◙ Latest calendar for Q1 earnings reports (Earnings calendar)