The Internet video channel of the Chinese Internet portal Sohu.com and the Taiwan-based PC maker Asus have jointly announced that the two parties have formed a strategic partnership for a video service. Under the agreement of the two parties, Sohu's video contents will be implanted into Asus' products, covering PCs and tablet computers. Meanwhile, they [...]
Lenovo Unveils Social Media And Cloud Computing Strategies In China
07 December 2011
Chinese technology giant Lenovo Group held a launch ceremony in Beijing to announce a new cloud computing strategy, a new smartphone, a tablet computer, a new personal computer, and TV products. Its new personal cloud product can realize three types of services, including personal information management, interconnectivity, and social networking. Lenovo will also reportedly provide [...]
Cloudary Invests In Chinese Mobile Reading Platform
17 November 2011
Cloudary Corporation, the wholly-owned Internet literature subsidiary of Shanda Interactive Entertainment Limited, has announced a strategic investment in Byread.com, a Chinese mobile reading platform, and the two parties will implement cooperation in providing copyrighted contents in China. According to official statistics from Cloudary, at present Cloudary has put over 10,000 books on the client of [...]
Operating Expenses Jump As Sohu.com Reports Record China Revenues
31 October 2011
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. Total online advertising revenues which include revenues from brand advertising and its search engine Sogou.com business were USD95 million, [...]
Tencent's New Chinese E-commerce Platform Will Launch Soon
25 August 2011
Chinese Internet company Tencent has announced at its e-commerce annual meeting that the company plans to launch a B2B2C platform in the fourth quarter of 2011. The new platform is currently under development. It will adopt a new brand logo and will be operated synchronously with Tencent's existing C2C website, Paipai.com. Wu Xiaoguang, senior executive [...]
Sina's Chinese Internet Profit Plummets As Company Focuses On Microblogging
18 August 2011
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. While the company's net revenues grew 20% year over year to USD119.0 million, net income attributable to Sina for the second quarter of [...]
HTC Launches Social Media Smartphone In China
03 August 2011
Smartphone maker HTC and the Chinese Internet company Sina.com jointly held a cross-platform brand launch meeting in Beijing to promote the first Sina microblog-themed smartphone product in China. The two companies said that they will cooperate in product development and promotion in the future for their new social media smartphone. At the product launch meeting, [...]
Nokia Will Shut Ovi Email Service In Mainland China
01 August 2011
Nokia has announced that starting from August 19, 2011, it will terminate its Ovi email and chat room services on the Chinese mainland. Nokia said in emails sent to users that their mobile Ovi email accounts will be shut after August 19 and they will not be able to visit their Ovi emails or send [...]
Sina Microblog, China Telecom Ink Deal
07 June 2011
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. Under the agreement, China Telecom's eSurfing users, broadband users, and fixed-line users will be able to log onto Sina microblog with their China Telecom accounts; meanwhile, China Telecom will open [...]
Ku6.com's Financials Show Chinese Internet Video Sector Instability
24 May 2011
Chinese online video and television services company Ku6 Media Company Ltd. today announced its unaudited financial results for the first quarter of fiscal year 2011, and said that sequential quarterly revenue slightly dropped. Total revenues from continuing operations were USD6.6 million, up 178.5% from USD2.4 million in the first quarter of 2010, and down 3.0% [...]
Sina.com Fails To Keep Internet Profit Growing In China
12 May 2011
Chinese online and wireless media company Sina Corporation says its profit fell on higher costs as it announced its unaudited financial results for the first quarter ended March 31, 2011. For the first quarter of 2011, Sina reported net revenues of USD100.2 million, compared to USD85.0 million for the same period last year. Of that [...]
Apple Employees Accused Of Beating iPad Customers In Beijing
07 May 2011
Chinese social media websites are ablaze today with rumors, photos, and innuendo that at least one non-Chinese employee working for Apple was responsible for hitting customers waiting on line to buy the iPad 2 in Beijing. Though the iPad was released in other countries a couple months ago, it only legally became available in China [...]
Sina.com Launches New Social Media Domain For Microblog
11 April 2011
Chinese Internet company Sina.com has officially launched a new domain name, weibo.com, for its microblog product, and the company has also adopted a new logo for the social media business. To ensure the normal use of its microblog, Sina.com will run the old domain name and the new one concurrently for a certain period of [...]
China Mobile's Mobile Market Will Launch LBS In February 2011
06 January 2011
A representative in charge of the planning of China Mobile's online application store Mobile Market has revealed that the company's location-based service module is currently finishing its test phase, and will be launched next month. The development module of China Mobile's Mobile Market store is mainly designed for non-technical developers, who can directly create simple [...]
Sina.com Forecasts Lower Net Revenue From Chinese Internet Operations
17 November 2010
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. Advertising revenues grew 27% year over year to USD81.0 million, and [...]
Sina.com Begins Social Media Deal With MSN China
15 November 2010
Chinese Internet company Sina.com and Microsoft's MSN China has jointly announced that the two parties have signed a strategic cooperation agreement and formally entered a social media strategic partnership. Under the agreement, Sina.com and MSN China will implement comprehensive cooperation in various fields, including microblogs, blogs, instant messaging, information content, and wireless services. The cooperation [...]
The9 Plans To Introduce OpenFeint Into China
29 October 2010
Chinese online gaming firm The9 has announced that it plans to introduce the game-oriented social networking site OpenFeint into the Chinese market before the end of 2010. At the beginning of July 2010, The9 reached an investment agreement with Aurora Feint, an American mobile game developer and the developer and operator of OpenFeint, and the [...]
China's Sina.com Publishes First Microblog White Paper
16 September 2010
Chinese portal website Sina.com has published its first white paper targeting the Chinese microblog market. The white paper reveals that by the end of 2010, there will be over 65 million registered active accounts in the Internet microblog sector in China; by 2011, the number will be over 100 million. Statistics show that Sina's microblog [...]
Shanda Literature Acquires Zubunet.com
14 September 2010
Shanda Literature, the Internet literature subsidiary of China's Shanda Interactive Entertainment Limited, has announced that it has acquired the Chinese digital periodical website Zubunet.com. According to Shanda Literature, Zubunet.com's resources will be integrated into its Cloudary, which is a cloud library, and will further achieve a seamless access to its electronic reader product Bambook. With [...]
Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services
26 July 2010
Chinese online services company Sohu.com Inc. today reported unaudited financial results for the second quarter ended June 30, 2010. Total revenues for the second quarter ended June 30, 2010 were USD146.1 million, up 15% year-over-year and 13% quarter-over-quarter. Of that total, brand advertising revenues totaled USD53.2 million, up 22% year-over-year and 35% quarter-over-quarter, and online [...]


