TiVo to Introduce Service in China This Year
From Bloomberg News
TiVo Inc. said it planned to introduce its digital video recording service in China this year in a bid to boost its financial performance.
TiVo has been expanding overseas to raise earnings after it posted its third-straight quarterly loss last month. The Alviso, Calif., company is trying to tap rising personal wealth in China, the world’s fastest-growing major economy, where per-capita disposable income in towns and cities increased at an annual rate of 10.8% in the first quarter.
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