E-commerce Expansion: Gome Buys Stake In China’s Coo8.com

Chinese electronics and home appliances retailer Gome announced that it has acquired an 80% stake in the business-to-consumer home appliances website Coo8.com, but no financial details have been disclosed.

China’s Alibaba, SRCB Form Partnership

China’s B2B e-commerce group Alibaba and Shanghai Rural Commercial Bank have reached a comprehensive strategic cooperation agreement to jointly provide services to small- and medium-sized enterprises as well as farmers in rural areas in China.

Chinese Internet Advertising Revenue Up For Focus Media

Chinese digital media firm Focus Media Holding Limited announced its unaudited financial results for the second quarter ended June 30, 2010, and stated total net revenue was USD158.2 million, representing an increase of 27% from USD124.9 million for the first quarter of 2010 and an increase of 22% from USD129.5 million for the second quarter […]

More Jobs In China Strengthen 51Job.com’s Earnings

Chinese online recruitment company 51job Inc. announced its unaudited financial results for the second quarter of 2010 ended June 30, 2010, and stated total revenues increased 35.7% over the second quarter of 2009 to CNY262.4 million.

Sohu.com Reports Higher Internet Advertising Revenue, But Drop In Wireless Services

Chinese online services company Sohu.com Inc. today reported unaudited financial results for the second quarter ended June 30, 2010.

The End Of Social Networking Sites In China?

A new report issued by a Chinese government-funded research organization states Facebook and Western social networking sites pose spy risks, and these problems should make social media mavens worry about possible clampdowns on social networking sites in China.

Daodao.com Cooperates With National Geographic Traveler China On Marketing

Chinese travel review website Daodao.com announced it has inked an agreement with National Geographic Traveler China to begin cross-channel cooperation for marketing.

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.

Baidu Posts Increased Search Engine Profit In China

Amidst news of a major security breach and the fleeing of its chief technology officer, Chinese search engine Baidu.com has managed to post increased profit for the end of 2009.