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 …
Yixia Tech’s Latest Cash Infusion Will Spur Social Media Videos
Short videos are becoming a mainstay of Chinese social media, especially on Weibo.com. A new investment in the company behind …
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 […]
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 […]
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.
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.
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.
Sina.com, China Dongxiang To Acquire 29% Stake In Chinese E-commerce Company
Shanghai-based mail order and Internet retailer Mecox Lane has announced that Sina.com and China Dongxiang plan to purchase 117,505,755 ordinary shares from its two major shareholders, Maxpro Holdings Limited and Ever Keen Holdings Limited.
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 Revenue Falls In China For Sina.com As Company Sees Overall Growth
Chinese online media company Sina Corporation today announced its unaudited financial results for the quarter ended June 30, 2010, and stated net revenues grew 10% year over year.
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 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.