Netease COO Exits As Chinese Internet Company Shows Sequential Revenue Drop

Chinese online game and Internet services company NetEase.com Inc. announced its unaudited financial results for the first quarter ended March 31, 2011.

Sina.com Fails To Keep Internet Profit Growing In China

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.

Tencent Shows Internet Boom In China Continues

Chinese online and mobile company Tencent Holdings Limited today announced its unaudited consolidated results for the year’s first quarter ended March 31, 2011.

Russian MVAS Provider Distributes New Products In China

The Russian innovation company i-Free has announced in Beijing that it will launch its top mobile phone applications products in the mainland China market.

Alipay.com Teams With Chinese Banks For Convenient Internet Payments

Alipay.com, the Internet payment subsidiary of the Chinese e-commerce group Alibaba, has announced that it has launched a new convenient Internet payment service.

Shanghai UltiZen Games Sees Red With Japanese Acquisition

Shanghai-based game developer UltiZen Games Limited has announced that it has acquired the Japanese game developer Red Entertainment Corporation Limited, but no financial details surrounding the transaction are currently available.

Japanese SNS Opens Office In Beijing

The Japanese social networking site Gree plans to open three new offices in Beijing, Singapore, and London, respectively, to expand its overseas markets.

China’s Tencent Net Profit Up 56.2% In 2010

Chinese Internet company Tencent has published its annual financial report for 2010, stating that its net profit increased by 56.2% year-on-year to CNY8.054 billion.

Losses Continue In China For Internet Video Website

Chinese online video portal Ku6 Media Company Ltd., which was formerly named Hurray Holding Company Ltd., said it widened its net losses as it announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010.

Sohu.com Says Wireless Revenues Fell While Search Revenues Grew In China

Chinese online media company Sohu.com Inc. reported its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2010, and said that while wireless revenues fell, online game and search engine revenues increased.

China Mobile’s Mobile Market Will Launch LBS In February 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.

Sina Microblog Launches Nine Versions Of Mobile Client

Weibo, the microblog division of the Chinese Internet portal Sina.com has announced that it will cooperate with four leading mobile sites which provide mobile phone software download services in China to launch nine new versions of microblog client around the New Year.

The9 Tries Mobile Internet Investing To Revitalize Its China Business

Months after reporting sliding revenues and losing valuable relationships, Chinese online game company The9 is trying to rejuvenate itself via a deal to invest in mobile startups.

China Mobile, Microsoft Reach Cloud Computing Agreement

China Mobile and Microsoft have reached a deal to jointly promote the application of cloud computing technologies.

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.

Ku6 Media Posts Results From Its China Internet Business

China-based Ku6 Media Company Ltd., which previously flew its technology media brand under the name Hurray Holding, announced that its net loss narrowed as it presented unaudited financial results for the third quarter ended September 30, 2010.

China’s First Mobile Phone Platform For Blind People Launched Via Baidu

China’s first mobile phone platform for blind people has been formally launched via Baidu.com’s search engine open platform, aiming to help the blind make phone calls, send messages, and even surf the mobile Internet more easily.

China’s Huawei To Set Up Manufacturing Plant In India

Huawei plans to set up a network equipment manufacturing plant in Chennai, a city in southern India, before the end of 2010.

China Telecom Chongqing To Promote Mobile Payment On Campuses

The China Telecom Chongqing branch has launched a new mobile payment platform for students, aiming to promote the information development on campuses via the Internet of Things technologies.

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.

China Unicom To Invest CNY10 Billion In Chongqing In Next Five Years

Chinese telecom operator China Unicom and the municipal government of Chongqing have signed a strategic cooperation framework agreement to enhance the operator’s investment in the city.

Shanda’s China Game Revenue Falls

Chinese online game company Shanda Interactive Entertainment Limited announced its unaudited consolidated financial results for the second quarter ended June 30, 2010, and showed its game revenue dropped.

NetEase.com Records Larger Revenue From Internet Games In China

Chinese Internet and online game firm NetEase.com Inc. says its total revenues for the second quarter of 2010 was CNY1.3 billion as it announced its unaudited financial results for the second quarter ended June 30, 2010.

Shanda Completes Ku6 Deal

Chinese online game firm Shanda Interactive Entertainment Limited announced that it has completed its business swap with Ku6 Media Company Limited.

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.

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.

China Approves 13 Internet Map Operators

China’s State Bureau of Surveying and Mapping has published its review comments for the Class A mapping qualification on its official website and has approved 13 companies, including Baidu.com and Sogou.com, to operate Internet map services in China.

eLong.com Launches Mobile Reservation Service

Chinese online travel service provider eLong.com has officially launched its mobile reservation service in Beijing.