Post Tagged with: "WPP"
KPCB and WPP buying further into Chinese online ad measurement firm, Moment Systems
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America Breaking news China (mainland) film Press review
Filmmakers eye further opportunities in China
(China Daily,2013-06-07) Chinese companies and their foreign counterparts are eyeing coo peration opportunities to tap into the country’s booming film market, executives at the Chengdu Fortune Forum said on Thursday. During a morning session, Jeffrey Katzenberg, CEO of DreamWorks Animation, told delegates he was keen to realize his dream of bringing the finest technology and artists to China to create world-class animation. “The country will be able to make world-class animation within a handful of years,” said the head of [...]
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Breaking news China (mainland) Partnership
Youku Tudou Collaborates with Sina for Content Promotion
BEIJING, June 7, 2013 – Youku Tudou Inc. (NYSE: YOKU), China’s leading Internet television company (“Youku Tudou”), today announced a strategic content-sharing alliance with SINA Corporation (“SINA”), an online media company servingChina and the global Chinese communities. Under the deal, in exchange for access to Youku Tudou’s video library, Sina will leverage their PC and mobile platform to promote Youku Tudou’s licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo’s daily active users access Weibo through mobile devices, [...]
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Breaking news China (mainland) Finance Financial results
Phoenix New Media Reports First Quarter 2013 Unaudited Financial Results
BEIJING, May 14, 2013 — Phoenix New Media Limited (FENG), a leading new media company in China (“Phoenix New Media”, “ifeng” or the “Company”), today announced its unaudited financial results for the first quarter ended March 31, 2013. First Quarter 2013 Highlights Total revenues increased by 17.7% year-over-year to RMB281.4 million (US$45.3 million), driven by a 29.1% increase in net advertising revenues. Net income attributable to Phoenix New Media Limited increased by 19.0% year-over-year to RMB39.2 million (US$6.3 million). Adjusted net [...]
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Breaking news China (mainland) Financial results
Sohu.com Reports First Quarter 2013 Unaudited Financial Results
BEIJING, CHINA, April 29, 2013 – Sohu.com Inc. (NASDAQ: SOHU), China’s leading online media, search, gaming, community and mobile service group, today reported unaudited financial results for the first quarter ended March 31, 2013. First Quarter Highlights Total revenues were US$308 million, up 36% year-over-year and 3% quarter-over-quarter. Brand advertising revenues were US$80 million, up 32% year-over-year and down 2% quarter-over-quarter. Sogou[1] revenues were US$39 million, up 73% year-over-year and down 4% quarter-over-quarter. Online game revenues were US$167 million, up 33% year-over-year [...]
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Breaking news China (mainland) Digital Internet Partnerships
SINA Forms Strategic Alliance with Alibaba to Enable Social Commerce
SHANGHAI, China—April 29, 2013—SINA Corporation (NASDAQ GS: SINA) (“SINA” or the “Company”), a leading online media company serving China and the global Chinese communities, announced today that it has reached an agreement on a strategic alliance between several entities affiliated with SINA, including PRC subsidiaries of Weibo Corporation (“Weibo”), and several entities affiliated with Alibaba Group (“Alibaba”), including Taobao (China) Software Co., Ltd. and Zhejiang Tmall.com Technology Co., Ltd., to jointly explore social commerce and develop innovative marketing solutions to [...]
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Breaking news China (mainland) Company announcement Finance
Focus Media Holding Limited Shareholders Vote To Approve Going Private Transaction
SHANGHAI, April 29, 2013 — Focus Media Holding Limited (the “Company” or “Focus Media”) (Nasdaq: FMCN) announced that, at an extraordinary general meeting held today, the Company’s shareholders voted in favor of the proposal to authorize and approve the previously announced definitive agreement and plan of merger, dated as of December 19, 2012 (the “merger agreement”), by and among the Company, Giovanna Parent Limited (“Parent”) and Giovanna Acquisition Limited (“Merger Sub”), pursuant to which Merger Sub will be merged with [...]
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Breaking news China (mainland) Financial results
Baidu Announces First Quarter 2013 Results
BEIJING, April 25, 2013 — Baidu, Inc. (NASDAQ: BIDU), the leading Chinese language Internet search provider, today announced its unaudited financial results for the first quarter ended March 31, 2013[1]. First Quarter 2013 Highlights Total revenues in the first quarter of 2013 were RMB5.969 billion ($961.0 million), a 40.0% increase from the corresponding period in 2012. Operating profit in the first quarter of 2013 was RMB2.210 billion ($355.9 million), a 5.7% increase from the corresponding period in 2012. Net income [...]
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Breaking news Taiwan
GigaMedia Appoints New COO to Drive Expansion of Online Game Operations
TAIPEI, Taiwan, April 24, 2013 – GigaMedia Limited (NASDAQ: GIGM) today announced the appointment of Ronald Ho as chief operating officer of its FunTown online games business; Ronald joins the team as part of the company’s new strategic repositioning/growth initiatives focused on extending FunTown’s online game platform with self-developed casual browser/mobile games. Mr. Ho’s proven leadership and know-how bring to GigaMedia the necessary expertise to advance the company’s growth across Greater China. “Ronald is a trusted leader with a wealth [...]
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