Posted by: Emily Alitto on Aug 24 2010

Out-of-home advertiser Focus Media (Nasdaq:FMCN) recorded net income of $25.35 million for the second quarter of 2010, or $0.17 per diluted share, compared to losses of $954 million in the previous quarter and $22.91 million in second quarter of 2009, the company reported August 24...

Posted by: Emily Alitto on Aug 13 2010

Domestic advertising agency Charm Communications (Nasdaq:CHRM) has secured agreements with a number of domestic and international media firms to offer a service promoting Chinese tourist destinations, the company announced August 13...

Posted by: Emily Alitto on Aug 12 2010

Out-of-home advertising network operator AirMedia Group (Nasdaq:AMCN) booked a net loss of $4.73 million and a loss per diluted share of $0.07 in the first quarter of 2010, the company reported August 11...

Posted by: Tom Telford on Aug 11 2010

Internet, wireless and online game company Tencent's (0700.HK) net income for the second quarter of 2010 grew 60.7% year-on-year to RMB 1.92 billion, the company reported August 11. Total revenues grew 62.2% year-on-year and 10.5% quarter-on-quarter to RMB 4.67 billion, the report said...

Posted by: Tom Telford on Aug 11 2010

CDC Corporation (Nasdaq:CHINA) recorded a net loss of $7.91 million in the second quarter of 2010, deepening the previous quarter's loss of $3.56 million, according to company statements released August 10...

Posted by: Tom Telford on Aug 05 2010

Sina's (Nasdaq:SINA) net income for the second quarter of 2010 grew 89% year-on-year to $25.23 million, or $0.38 per diluted share, the company reported August 5.

Net revenues rose 10% year-on-year to $99.45 million, with advertising revenue growing 27% to $73.09 million, partially boosted by coverage of the 2010 FIFA World Cup, according to the statement...

Posted by: Sarah Wu on Jul 29 2010

Sohu (Nasdaq:SOHU) has set up a finance division to offer online financial and investment information services, Sina reported July 29 citing an internal company e-mail. The new division will absorb from Sohu's finance center channels for securities, investment and fund information as well as a business affairs team, according to the report...

Posted by: Sarah Wu on Jul 29 2010

Beijing-based social networking service (SNS) site Kaixin001.com has completed internal testing of an audience-specific advertising system and plans to start limited trial operation this week, Cnsoftnews.com reported July 29 citing an unnamed site partner...

Posted by: Sarah Wu on Jul 29 2010

Beijing Media Group (1000.HK) announced that it has agreed with Trans-media to set up a joint venture to operate LED display advertisements at the third terminal of the Beijing Capital International Airport, Yicai.com reported July 29...

Posted by: Emily Alitto on Jul 28 2010

Mass transit digital advertiser VisionChina Media Inc. (Nasdaq:VISN) recorded a net loss of $93.16 million in the second quarter of 2010, compared with net income of $7.05 million in the year-ago period and a net loss of $11.61 million in the previous quarter, the company reported July 27...

Posted by: Tom Telford on Jul 27 2010

Google (Nasdaq:GOOG) has ended commercial ties with Chinese advertising firms Universal Internet Media and Xi'an Weihua Network, China Daily reported July 27 citing a Google China spokesperson Marsha Wang...

Posted by: Emily Alitto on Jul 15 2010

Mass media digital advertiser VisionChina Media (Nasdaq:VISN) renewed its exclusive contract with Beijing All Media and Culture Group Metro TV to operate digital television and advertising networks in the Beijing subway, VisionChina announced July 14...

Posted by: Sarah Wu on Jul 13 2010

NetEase's (Nasdaq:NTES) web portal 163.com has set up a second sales department headed by Vice President and Editor-in-Chief Li Yong with the goal of boosting the company's advertising revenues this year, qq.com reported July 13 citing an unnamed source close to the company...

Posted by: Sarah Wu on Jul 09 2010

Shanghai-based mobile advertising service provider Madhouse plans to enter the Indian market at the end of this year as the first step of its international expansion, 163.com reported July 9 citing the company's newly appointed chief operation officer Dan Wong...

Posted by: Tom Telford on Jun 30 2010

Mass transit digital advertiser VisionChina Media Inc. (Nasdaq:VISN) has agreed to sell $12.9 million in shares to company CEO and Chairman Limin Li, company Director Yanqing Liang and other investors affiliated with existing investor Milestone Capital Partners, the company announced June 30...