China’s Sina.com Publishes First Microblog White Paper

Chinese portal website Sina.com has published its first white paper targeting the Chinese microblog market.

Focus Media Dumps Chinese Internet Advertising Company Allyes

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.

China Publishing Group Teams With Oracle For Digital Publishing

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.

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.

Ten Chinese News Websites Will Get Listed In A-share Market

As the first batch of designated targets, ten Chinese mainland news websites will get listed in the A-share market in China.

Baidu Posts Impressive Search Engine Revenue 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.

China’s Shanda Literature Expands Digital Footprint To Singapore

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.

Foreign Journalists In China Are Latest Email Hacking Victims

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.

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.

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.

Sohu.com Shows Increased Total Revenue, Decreased Brand Advertising And Wireless Revenue In China

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.

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.