Is China Responsible For Hong Kong’s Cyber Attack Increase?
The 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 […]
Letv.com Acquires Full Stake In Huaer Entertainment For CNY900 Million
Chinese Internet video company Letv.com is buying a 100% stake in Dongyang Huaer Entertainment Media Co. Ltd. for CNY900 million. After the acquisition, Liu Hong, chief executive officer of Letv.com, will become chairman and general manager of Huaer Entertainment. Liu will control the operating planning and business direction of the company to realize its coordination […]
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.
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.
Mobile Revenues Sink While Internet Ads Increase In China For Sina.com
Chinese online media portal and mobile value-added services firm Sina Corporation announced its unaudited financial results for the quarter ended March 31, 2010, and stated its net revenues grew 15% year-on-year.
Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China
Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout, acquiring a 38% stake in Allyes for USD13.3 million.
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.