NetEase Will Close Its Online Forums Next Month

Netease closureChinese Internet portal NetEase says that due to media business development needs, the company’s online forums will stop providing services …

Is China Responsible For Hong Kong’s Cyber Attack Increase?

Hong Kong CybersecurityThe past year has seen both more civil unrest and more advanced cyber attacks in Hong Kong. Is there a …

Alibaba’s South China Morning Post Purchase Puts Focus On News Coverage

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 […]

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 […]

HP Stops O2O Photo Printing Service In China

HP’s online-to-offline printing service in China has closed. Prior to this, the O2O printing service had been terminated in four countries, including India. According to a report on the official website of Kachayu.com, due to company business adjustments, Kachayu has shut down all businesses in China. However, the uploaded pictures will be maintained and users […]

Alibaba Continues Testing Streaming Video Service

Alibaba has started testing its streaming video service named Tmall Box Office, which is a Netflix-style subscription video service. The monthly subscription for the service costs CNY39 and the annual subscription is CNY365. Alibaba revealed in June 2015 that the company would launch an online streaming video service which will include Chinese and foreign movies […]

Hc360.com Will Acquire 7 Chinese Clothing Websites For CNY120 Million

Hong Kong-listed B2B e-commerce platform Hc360.com announced that the company plans to invest CNY120 million to acquire several clothing vertical websites. According to an acquisition letter of intent submitted by Hc360.com to HKEx, the company plans to acquire an 80.38% stake in Zhejiang Zhongfu Network Technology for CNY120.57 million. Zhejiang Zhongfu Network Technology mainly provides […]

Baidu May Create Online Sports JV With British Firm

Chinese search engine company Baidu is rumored to be talking with U.K. digital sports media group Perform Group to establish a joint venture in China. Perform’s core business is purchasing digital copyrights of various high-level sports events, displaying those events on online with its powerful digital editing capacity, and attracting money with its traffic. In […]

China’s BesTV Sets Up Digital Media JV With Walt Disney

Chinese media platform BesTV has reportedly reached an agreement with Walt Disney to set up a digital technology joint venture in China. This joint venture will reportedly focus on digital technology consulting services related to services, products and contents of BesTV and Walt Disney in mainland China. The total investment for the joint venture will […]

Sohu.com Confirms Chief Editor’s Departure

Chinese Internet portal Sohu.com has confirmed that Liu Chun, vice president and chief editor of Sohu.com, will depart the company. Liu’s departure is reportedly due to personal reasons. Liu joined Sohu.com in July 2011. During his service at Sohu.com, he worked as vice president of the company, chief operating officer of the video section, and […]

Tencent’s Internet Advertising Revenue Up 58.3%

Chinese Internet company Tencent published its financial report for the fourth quarter and the entire year of 2012.

Chinese Software Developer Community Raises Funds

CSDN.net, which goes by a few English names including China Software Developer Network, has completed its latest financing project.

Former AdChina COO Jumps To Tencent

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.

Operating Expenses Jump As Sohu.com Reports Record China Revenues

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.

Ku6 Acquires Media Player Company By Issuance Of New Shares

Ku6 Media Company Ltd., the Internet video subsidiary of Shanda Interactive Entertainment Limited, has announced that the shareholders of Pipi.cn, a leading P2P Internet video platform in China, have agreed to sell all shares to Ku6 in exchange for 2,212,114,257 Ku6 ordinary shares.

NetEase.com Says Almost All Of Its China Revenue Derived From Online Games

Chinese Internet portal and online game service provider NetEase.com Inc. announced its unaudited financial results for the third quarter ended September 30, 2010.

Sina.com Forecasts Lower Net Revenue From Chinese Internet Operations

Chinese online and wireless value-added service media company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2010, and said net revenues grew 12% year over year to USD108.2 million but the company expects lower results in the following quarter.

Focus Media Dumps Chinese Internet Advertising Company Allyes

Chinese digital media firm Focus Media Holding Limited has entered into a definitive share purchase agreement to sell to Silver Lake a 62% indirect equity ownership of its Internet subsidiary, Allyes Online Media Holdings Ltd and its consolidated subsidiaries and affiliates, for USD124 million.

China Publishing Group Teams With Oracle For Digital Publishing

Information from China Publishing Group is that the company has reached an in-depth cooperation with the world’s leading software maker Oracle to build a digital publishing resource management platform with Oracle’s general content management solution.

China’s Shanda Literature Expands Digital Footprint To Singapore

Shanda Literature, the online literature subsidiary of China’s Shanda Interactive Entertainment, has reportedly registered and established a subsidiary in Singapore, aiming to expand into the English-language digital and mobile e-book reading market.

Foreign Journalists In China Are Latest Email Hacking Victims

The Foreign Correspondents’ Club of China, an association based in Beijing comprised of journalists representing non-Chinese media, has issued an alert because some of its members have reportedly had their email accounts hacked.

Financial Report Shows Sina.com Struggled In China Last Year

Chinese online and mobile media company Sina Corporation announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.

Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China

Chinese online media company Sohu.com Inc.’s revenues rose 12% year-on-year in the last quarter, according to its newly-reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.

Focus Media Appoints Former Goldman Sachs Exec As Chief Financial Officer

Chinese digital media and advertising company Focus Media Holding Limited has announced a couple of key executive appointments.