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Xunlei Ltd (XNET)
Nasdaq · Services · Services-Prepackaged Software
Core research established · 4/4 core data layers currently established
What Xunlei Ltd does
A. History and Development of the Company We commenced operations in January 2003 through the establishment of Shenzhen Xunlei, which operates our Xunlei internet platform together with its various subsidiaries in the PRC. In February 2005, we established Xunlei Limited as our holding company in the Cayman Islands. Xunlei Limited directly owns Giganology Shenzhen, our wholly owned subsidiary in China established in June 2005. Giganology Shenzhen primarily engages in the research and development of new technologies. Giganology Shenzhen has entered into a series of contractual arrangements with Shenzhen Xunlei and its shareholders.
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