Tag: "Sina"

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Former Sina Weibo CFO Joins Baidu

Chinese search engine company Baidu announced that Yu Zhengjun, former chief financial officer of Sina Weibo, has joined Baidu as …

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Yixia Tech’s Latest Cash Infusion Will Spur Social Media Videos

MiaopaiShort videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …

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Alibaba Ups Stake In Chinese Microblogging Site

Social Media in ChinaIs Alibaba Group Holding Ltd. planning a takeover of Sina.com’s Weibo microblogging service? The e-commerce behemoth just acquired another three …

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Online News In China Gets Wakeup Call

Communist China soldierNews media in China ostensibly operate to reinforce and promote the edicts and values of the government. And the government …

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What Chilling Effect Would Alibaba’s Investment Have On Free Media?

The e-commerce giant Alibaba Group is reportedly planning a newspaper investment in Hong Kong’s South China Morning Post, according to multiple reports in Chinese local media. However, neither side has commented on or verified the news. South China Morning Post is reportedly the largest English-language newspaper in Hong Kong, with a circulation of about 110,000 […]

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Social Media Messaging Causes China Mobile’s First Annual Profit Drop

Chinese telecom operator China Mobile announced its annual results for 2013 in Hong Kong, and those financial numbers did not impress. During the entire year of 2013, China Mobile’s operating revenue was CNY630.2 billion, a year-on-year increase of 8.3%; but its net profit was CNY121.7 billion, a year-on-year decrease of 5.9%. This is reportedly the […]

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Sina Weibo Started Making Profits In Late 2013

Sina’s financial report for the fourth quarter and the entire year of 2013 stated that its Weibo microblogging service realized a first-time operating profit of USD3 million in the fourth quarter of 2013. Sina Weibo also reportedly plans to launch IPO at the New York Stock Exchange in the second quarter of 2014. According to […]

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Sina, UnionPay Team For Chinese Internet Payments

Just as the hectic Chinese Lunar New Year holiday shopping and travel season peaks, two of China’s business titans have joined forces to make online shopping faster and easier. China UnionPay, Sina.com, and Sina’s payment subsidiary jointly announced that the three parties have reached a deal to further improve Internet payment services by integrating their […]

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China’s Weibo, Alipay Team For Internet Payments

Sina.com and Alipay.com announced that the two parties will realize full intercommunication between Sina Weibo and Alipay accounts to provide convenient Weibo payment services to users in China. With the cooperation, users will be able to complete online payments on the Weibo microblogging platform as well as use for offline daily retail consumption with the […]

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Chinese Social Media Monitoring Firm Raises Investment

SocialTouch, one of the many startups in China trying their hand at monitoring Chinese social media, has raised its latest round of investment. The company’s Series C investment round was led by Sierra Ventures and included existing investors GGV Capital and Legend Capital. This new round of funding will be used for product development and […]

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Twitter’s IPO Showcases Chinese Growth Hurdles

Twitter’s just-released initial public offering prospectus shows China is still an important deficit in its global growth strategy. In Twitter’s F-1 IPO statement, the company said it is raising USD1 billion, which is largely a pro forma number until the company calculates fees and eyes its roadshow. The company recorded USD317 million in revenue in […]

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MSN China Launches Trend Tracking Service

Cn.msn.com, the official website of Microsoft’s MSN China, formally launched the Chinese version of the trend tracking service named msnNOW.

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Guoguang Buys China.com

Perhaps as a sign of the sinking values of Chinese Internet businesses, CDC Corporation, a portal website operator, media and exhibition organizer, has sold its Internet portal business China.com to Guoguang Global Media Holdings Limited for a paltry HKD90.8 million.

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Nuance May Join Hands With Kaixin001.com In China

International voice service giant Nuance, which supports Apple’s Siri speech recognition technology, is reportedly seeking a content cooperation partner in China to expand the speech recognition market.

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Wikipedia Who? Qihoo 360 Readies Chinese Internet Encyclopedia Service

Qihoo 360’s search engine product has added a new Wikipedia-like encyclopedia service, which is reportedly undergoing internal testing and will be launched to the public soon.

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Internal Sina.com Email Forecasts Web Portal Operations

An internal email from Chinese Web portal Sina.com has revealed structural changes at the company, including the establishment of a portal technology department.

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In Tandem With Slower Economy, Chinese Internet Users Face Slower Internet This Week

Placing dogma over commerce, China’s Internet overlords have apparently been throttling down the speeds of Internet activity within China over the past few days as the National Congress of the Communist Party of China gets underway in Beijing.

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Dajie.com, Sina Microblog Form Strategic Cooperation For Workplace Applications

Dajie.com and Sina’s microblog service Weibo have formed a strategic cooperation partnership to develop an Internet workplace application for Sina microblog’s individual and enterprise users.

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Newly Formed China Open Source Cloud League Connects To OpenStack

Intel, Sina, China Standard Software, and Shanghai Jiao Tong University have jointly announced the establishment of China Open Source Cloud League.

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WordPress Comes To Chinese Users Via Sina.com’s New Cloud Service

Chinese Internet company Sina.com has started internal beta testing of its cloud store Yunshangdian.com, which provides click-to-use personal cloud services.

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Chinese Government Issues Strict Social Media Draft Regulations

China’s State Council Information Office today issued updated draft guidelines for further strengthening government oversight of the Internet.

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Sina Cloud Computing Joins OpenStack

China’s Sina cloud computing service has formally announced plans to join the global open source cloud computing project OpenStack.

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Google Launches Advertising Trading Platform In China

Google has formally launched the advertising trading platform DoubleClick Ad Exchange in China, aiming to help Chinese advertising networks, agencies and Internet publishers to realize real-time trading of Internet display advertising.

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Internet Hiccups In China Today

Whether related to the rumored murder charges against the wife of former Communist elite Bo Xilai or the earthquakes in Indonesia and Mexico over the last day, one thing is for sure: Internet connections to websites outside of China were intermittently not available to many users in China today.

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Chinese Internet Company Plans Unfair Competition Lawsuit Against Tencent

Chinese application service provider UC will sue Tencent, the Chinese Internet giant, for alleged unfair competitive practices.

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Sina’s Chinese Internet Profit Plummets As Company Focuses On Microblogging

Chinese online media and mobile value-added services firm Sina Corporation says its profit fell more than 50% as it announced its unaudited financial results for the second quarter ended June 30, 2011.

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Sina Microblog, China Telecom Ink Deal

The microblog channel of Sina.com and China Telecom have signed an agreement to implement a cooperation for products based on the microblog services at Sina.com.

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Tencent To Operate New South Korean Online Game In China

Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.