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Chinese Blog Company To Reach Profitability
Tags: Blogbus, Cyber Agent, Internet, JAIC,
Chinese blog service provider Blogbus CEO Dou Yi predicted that Blogbus will reach profitability in the second quarter of 2007, reports National Business Daily. The company generates revenue from VIP blogging services and online advertising. The VIP blog service costs 120 Yuan for one year. Blogbus received a US$3 million investment from Japanese venture capital company JAIC and Japan online ad company Cyber Agent in 2006.
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