Chinese Internet company Tencent is establishing a new advertising division in its Palo Alto office to provide services to American …
Chinese e-commerce giant Alibaba Group realized USD11 billion mobile advertising revenue in 2016, accounting for 40.3% market share in the …
Chinese search engine company Baidu published its unaudited financial report for the first quarter ended March 31, 2016, stating that …
Chinese e-commerce boss Jack Ma is emulating America’s Amazon.com boss Jeff Bezos, who recently purchased The Washington Post, by purchasing his own media empire in Hong Kong, the South China Morning Post. Alibaba Group Holding Limited says it has entered into a definite agreement to acquire the South China Morning Post and other media assets […]
Brand management company BlueFocus Communication Group will acquire two major mobile advertising companies Domob Limited and Madhouse Inc. The report revealed that BlueFocus will acquire a 100% stake in Domob Limited and a 95% stake in Domob Network Technology for USD289 million; and the company will acquire a 51% stake in Madhouse Inc. for USD61.2 […]
Chinese search engine company Baidu announced that they will acquire a controlling stake in popIn, a native advertising company in Japan. According to the terms of the transaction, popIn’s existing management team will be able to independently operate its businesses within the enterprise architecture of Baidu. On the completion of the acquisition, Baidu’s advertising platform […]
Facebook reportedly plans to establish a sales office in China to serve local advertisers in the country. Vaughan Smith, Facebook’s enterprise development vice president, said in a statement that Chinese companies have gradually become a major advertiser group for Facebook. Therefore, the company continues to explore new methods to support local services in China and […]
In the face of massive competition from state-owned businesses, stalwarts like Youku Tudou, and mobile-only start-ups, Chinese Internet video website Letv.com says it’s profits are bursting. Letv.com published its unaudited annual performance pre-announcement for 2013, stating that the company expects to see net profit between CNY250 million and CNY270 million, a year-on-year increase of 30% […]
Chinese Internet video website Letv.com published its financial report for the third quarter ended September 30, 2013, stating that the company’s total operating revenue increased by 122.42% year-on-year to CNY613 million. The company’s net profit increased by 55.72% year-on-year to CNY67.61 million. The company also revealed that during the first three quarters of 2013, Letv.com’s […]
Google announced that John Liu, Google’s head of Greater China and global vice president, will soon depart the company, and his role will be taken over by Scott Beaumont, who leads Google’s partnerships business in Europe, in August 2013.
Chinese online marketing is booming, and Tencent just announced the launch of its advertising real-time trade platform Tencent AdExchange, marking its formal entry into the Chinese real time bidding market.
Chinese Internet company Tencent revealed that Zheng Jingwei, former chief operating officer of AdChina, has joined Tencent as general manager for the advertising platform unit of the networking media group.
Chinese digital interactive marketing solutions provider Allyes Group announced that Wang Hanhua, former president for Amazon China, has joined the group as chief executive officer, leading the group’s strategy and implementation.
Chinese classified information provider Ganji.com has inked a deal with Coo8.com, the professional home appliances e-commerce site for retailer Gome, to offer targeted advertising promotions to Gome.
Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.
Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg’s office in San Francisco that the company plans to launch its initial public offering in 2013.
Alibaba Group’s collective buying subsidiary Juhuasuan.com and Internet payment subsidiary Alipay.com have formed alliance with Focus Media to jointly develop the Chinese online to offline market.
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.
AdChina Ltd., an Internet advertising company in China, has issued its draft prospectus for an eventual initial public offering of its Cayman Island entity on Nasdaq under the symbol ADCN.
China’s Ministry of Industry and Information Technology published new security and advertising provisions for regulating the Internet information service market, effective March 15, 2012.
Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.
Chinese online media and entertainment company Sohu.com Inc. announced record total revenues of USD233 million, up 42% year-over-year and 17% quarter-over-quarter, as it reported its unaudited financial results for the third quarter ended September 30, 2011.
Chinese Internet search engine company Baidu Inc. says its third quarter total revenue jumped 85.1% increase from the corresponding period in 2010.