Chinese portal website Sina.com has published its first white paper targeting the Chinese microblog market.
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.
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.
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.
As the first batch of designated targets, ten Chinese mainland news websites will get listed in the A-share market in China.
Chinese search engine Baidu Inc. might be reaping the benefits of Google’s China capitulation as Baidu announced its unaudited financial results for the first quarter ended March 31, 2010, and showed a 59.6% revenue increase year-over-year.
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.
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.
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.
Chinese online and mobile media company Sina Corporation announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.
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.
Chinese digital media and advertising company Focus Media Holding Limited has announced a couple of key executive appointments.