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Top Headline
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China Yahoo Officially Releases SNS Product 15 hours ago |

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| Oct 13 2008 - Alibaba Group subsidiary China Yahoo has officially released social networking service "Guan Xi," roughly translated "social relationship," at my.cn.yahoo.com, reports 163.com. The new service requires real-name registration and allows users to upload photos, keep blogs and play games with their friends... |
PRODUCTS & SERVICES  |
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Google Ad Manager Nears Official Chinese Version 16 hours ago |

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| Oct 13 2008 - Google (Nasdaq: GOOG) plans to release the official Chinese version of Google Ad Manager soon, reports 163.com. Three hundred thousand Chinese websites have joined Google AdSense since it was released in China three years ago... |
PRODUCTS & SERVICES  |
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China Telecom To Issue New Mobile Numbers 16 hours ago |

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| Oct 13 2008 - China Telecom (NYSE: CHA, 728.HK) plans to release mobile numbers starting with 189- in November and complete the acquisition of China Unicom's (NYSE: CHU, 762.HK, 600050.SH) 42 million CDMA users within three months, reports cctime.com... |
STRATEGY  |
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Rumor: Former MySpace China CEO Joins Telecom Operator 16 hours ago |

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| Oct 13 2008 - MySpace China CEO Luo Chuan joined China Mobile's (NYSE: CHL, 941.HK) mobile Internet company as vice president in charge of social networking service business in early October, reports Sina quoting a source close to Luo... |
PEOPLE  |
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Rumor: Oak Pacific's Xiaonei Building Taiwanese Home 16 hours ago |

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| Oct 13 2008 - "Xiaonei Taiwan" is currently under construction at xiaonei.com.tw. Oak Pacific Interactive's social networking service site Xiaonei.com had 53,145 users in Taiwan, Hong Kong and Macau by February 21, up by 10,000 from November, 2007... |
STRATEGY  |
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Kingsoft To Recruit Talent Via Development Competition 16 hours ago |

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| Oct 13 2008 - Beijing-based software and online game company Kingsoft Corporation Ltd (3888.HK) has partnered with the Internet Society of China (ISC) to jointly launch a software development competition on Wednesday, reports Sohu... |
EXPENDITURE  |
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Media Provider PPStream Reveals Users Stats, Olympic Revenue 16 hours ago |

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| Oct 13 2008 - Shanghai-based peer-to-peer streaming media provider PPStream currently has 100 million monthly active users, reports Ccw.com. PPStream took in revenue of $1 million during the Olympics while spending over $5 million, said the report quoting company president Xu Weifeng... |
STATISTICS  |
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Google-Invested Comsenz Plugs Webgames Into BBS Software 17 hours ago |

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| Oct 13 2008 - Beijing-based online forum and community software and service provider Comsenz Inc. has integrated a game plug-in into its 700,000-user bulletin board system software Discuz!. The plug-in currently offers one game, Shanghai Chenlu Information Technology's (9way.cn) in-house developed webgame "Wu Lin San Guo." Comsenz has agreed to retain 35% of game revenue... |
PRODUCTS & SERVICES  |
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A-Shares Boosted By Banks, Airlines 18 hours ago |

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| Oct 13 2008 - The Shanghai Composite Index rose 3.65% to close at 2,073.568, while the Shenzhen Composite Index gained 1.86% to close at 541.32 on Monday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 41.943 billion and RMB 15.69 billion, respectively... |
STATISTICS  |
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Print Ads See Olympic Spike In H1 18 hours ago |

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| Oct 13 2008 - Domestic revenue for advertising in periodicals rose to RMB 5 billion in first half of 2008 due to the Olympic Games, reports a.com.cn quoting China Periodicals Association president Shi Feng on October 10... |
STATISTICS  |
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Best Buy To Launch First Beijing Store 3 days ago |

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| Oct 10 2008 - Best Buy (NYSE: BBY) plans to open its first Beijing store in the Scitech Plaza in November, reports Beijing Morning Post quoting a Plaza advertisement. The 480-square-meter store will be co-operated with Scitech, said a related individual... |
EXPENDITURE  |
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Baidu's Chief Scientist Rumored To Resign, C2C Site Goes Online 3 days ago |

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| Oct 10 2008 - Baidu (Nasdaq: BIDU) chief scientist Dr. William I. Chang is planning to resign in protest of the company's new chief technology officer, reports baiduer.com.cn citing inside sources. Robin Li, Baidu's CEO, asked Chang to take over more technology and human resources duties before introducing Yinan Li, the new CTO, but Chang refused in order to focus on his current technology research, said the report... |
PEOPLE  |
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Shanghai Media Group To Shift Advertising In-House 3 days ago |

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| Oct 10 2008 - Shanghai Media Group (SMG) plans to decrease advertising agent revenue to less than 10% of total revenue in 2009, reports China Business News quoting SMG advertising center director Jin Zhongbo. SMG is projecting 2008 ad revenue of RMB 4 billion, RMB 1.6 billion coming from agents, said the report... |
STRATEGY  |
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Taobao Makes Executive Changes, Alisoft Seeks Distributor 3 days ago |

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| Oct 10 2008 - Alibaba Group's consumer-focused e-commerce site Taobao.com confirmed on Friday that it has promoted chief financial officer Zhang Yong to chief operating officer, Taobao's first COO in company history, reports Sina... |
STRATEGY  |
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Oak Pacific Buys New Domain 3 days ago |

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| Oct 10 2008 - Oak Pacific Interactive has purchased domain name Kaixin.com, reports qq.com citing confirmation from an executive at Oak Pacific social networking site Xiaonei.com. The site is currently under construction, but no content information has been disclosed... |
DEALS  |
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