Kaixin Net Has Won the Lawsuit and Lost the Market

Everyone nets use \”false happy nets\” successful sniped at happy nets, slow a happy nets rapidly expanding momentum, and in an IPO on get ahead and behind this neglected is the capital strength.

On 15 April, everyone nets officially handed, plan may apply for an IPO landed on the New York stock exchange, its IPO interval price for 9 – $11, are expected to be collected by $5 billion in total and the capital financing both the IPO market, always about pooled billion dollars.

And its competitors in nets, also happy listed overseas, actively promote the pace and spread out and everybody nets vying for \”global social networking web sites listed first shares\” manner.

At this crucial moment, both between entangled for two years long \”true happy nets struggle recently dust settles.

Although won the lawsuit, but competitors for 40 thousand yuan only, \”the price of captive\” go originally should be yourself into its 3,000 million users, make happy nets CEO ChengBingHao grieved.

\”True happy nets\” struggle eventually dropping the hammer
Happy nets (kaixin001. Com) said, \”happy nets\” other fake, which objectively make happy nets lost more than 3000 million users, but court judgment only two companies compensate for 40 million yuan, the amount of compensation for discretion is too low, can\’t compensate for the company\’s losses.

On April 11, two happy nets \”kaixin001. Com\”, \”kaixin. Com\” unfair competition in Beijing in the higher people\’s court shall be heard in public, the second court ruling, maintain and verdict result. Beijing high court with video broadcast for the first time to the public court case form.

The case in October last year, ErZhongYuan make by the Beijing verdict and judgement sponsored Internet and sponsored netscape tort facts, instruct its to stop using established with happy nets similar name, but still kaixin. Com domain name, used to both happy nets (kaixin001. Com) making compensation for the economic losses 40 million yuan.
The result of the trial of first instance, happy nets (ChengBingHao kaixin001. Com) chairman in a letter to workers from 2009, \”said on May formally charged far, has sponsored for almost a year and a half. In that time, the company not only won the case, the initial success in other aspects has achieved great development.\”

However, happy nets (kaixin001. Com) think the first-i tance court ascertained that companies use \”sponsored kaixin. Com\” domain name behavior is not unfair competition, and the application of law is ascertaining the facts wrong.

Happy nets (kaixin001. Com) said, the other party fake happy nets, objectively make happy nets lost more than 3000 million users, but court judgment only two companies compensate for 40 million yuan, the amount of compensation for discretion is too low, can\’t compensate for the company\’s losses.

Happy people company to the higher people\’s court appeal of Beijing, continue to adhere to its in the trial process proposed was not supported the original lawsuit. Puts forward the defendant stop using \”kaixin. Com\” domain name, making compensation for the economic losses is 10 million yuan and so on five original lawsuit.

Happy nets, according to figures released by the end of August 2009, the company has won advertising sales income nearly 3448 thousand yuan, and its registered users about for 5345 million, integrated calculate down, the plaintiff won each user cost about $0.64, then educes 10 million of claim request.

Happy nets aspects of Beijing lang attorney, new lawyer LiYunDe think, USES the international popular standard, with sales income divided by subscribers where each user\’s value. \”Now we count down the cost of each user has been close to two yuan\”.

However, the court has sponsored Internet and support the defense has sponsored netscape aspects, according to the registered priority opinion principle, because domain name \”kaixin. Com\” registered before, so the transferee and USES \”sponsored kaixin. Com\” domain name behavior does not belong to tort or unfair competition. In addition, the calculation formula appeal party, so the court without calculating cost shall also support.

The trial, the basis of the final rejected the happy man company require \”kaixin. Com\” this one domain stopped his claims.
As criminal court happy nets appeal, the for the last true happy nets \”\” battle finally dropping the hammer.

Author Bio: I\’m Paul Hu from http://www.chinasoftwaresupplier.com, which offers quality products such as Digital MP4 Audio Player, Ebook Manufacturer, and many more. Know more , please visit Adobe CS5 .

Category: Business
Keywords: Digital MP4 Audio Player, Ebook Manufacturer.

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