Chinese social network operator Tencent Holdings rose to the 10th place on the Stock Exchange of Hong Kong on Dec. 14.
The company, which runs China's no. 1 instant-messenger service, was hardly known just five years ago. It listed in Hong Kong in June 2004. Now, thanks to a rally over the past three months that has buoyed its market capitalization up to more than HK$290 billion ($37.42
Thinking of tweeting during the 20th anniversary of the Tiananmen Square massacre? Keep your iPhone to yourself. Chinese authorities have stepped up censorship ahead of the sensitive June 4 anniversary.
Twitter has been blocked along with Hotmail, Microsoft's new search engine, Bing, F
By Don Gasper
China’s e-commerce giant Alibaba.com plans to increase its investments this year, fortified by a substantial war chest, a fast-expanding base of paying subscribers and a new pay-for-performance advertising product.
As revenue increased by 19 percent year-on-year in the first quarter of 2009, the company said in May that it felt it was actually benefitin
China’s Internet entrepreneurs seem to have a predilection for exotic Middle Eastern names.
They chose “Alibaba” for the successful e-commerce platform of that name. Now Baidu has come up with another name from the Thousand and One Nights. It has launched “Project Aladdin,” an initiative aimed at making searches more comprehensive by uncovering useful pa
First-quarter profit of Chinese Internet portal Tencent Holdings nearly doubled to RMB1.04 billion ($1.5 billion U.S.) from RMB534 million for the same period last year.
However, the growth of online advertising was only sluggish at the firm, which operates the mainland’s leading instant-messaging service under the brand QQ as well as various online games.
China’s leading job board, 51job, says conditions for recruiters were tough in the last quarter, due to the economic downturn. Nevertheless, it believes it is in a strong position to cope with what it predicts will be a difficult year for human resources in 2009.
"As we expected, market demand for recruitment services in the first quarter was significantly impacted by the glob
The Inside Facebook blog has an interesting analysis of why only 300,000 of Facebook’s 200 million users are in China.
-- Chinese Internet users have favored BBSs where participants can stay anonymous. There
By Don Gasper
As the economic crisis continues in North America and elsewhere, enterprising firms are turning to China, in hope of tapping into its continuing growth. CareerBuilder has taken an extra step in a joint venture that helps Chinese companies tap international talent.
On March 31, CareerBuilder and Shanghai-based Vansun Technology Industrial Co. establis
China may have the world’s largest number of Internet users, but you wouldn’t know that from the amount marketers in the country spend on online advertising - less than 5 percent of their ad budgets, half of what their counterparts in the U.S. spend. The data comes from Nielsen.
The flip side: online ad spending is growing
By Don Gasper
Despite gloom and doom elsewhere, China’s major online advertising companies seem to be in good health and confident about future business. So far they show no sign of being affected by the financial tsunami that has hit most countries and which is also slowing China’s economic growth.
While advertising is being hit elsewhere, participants at the rec