Sohu News mobile app achieved 100 million users this May; but now, Tencent News surpassed Sohu News becoming the best mobile news app by the number of unique visitors and MAU.
Sina News & Insights
Sina is a leading online media company serving China and the global Chinese communities
Sina Net Revenues Increased 19% YoY to $187M in Q2 2014
Sina reported net revenues of $187.0 million, compared to $157.5 million for the same period last year. Gross margin for the second quarter of 2014 was 61%, comparing to 54% in Q2 2013 according to Sina’s announced unaudited financial results.
Weibo Files for IPO on Nasdaq, Under the Ticker “WB”
On April 1 2014, Sina Weibo renewed its prospectus and announced that Weibo will be listed on Nasdaq as “WB”. On March 15 in 2014, Sina Weibo submitted Form-1 to Securities and Exchange Commission for financing USD 500 million, half of which will be used to pay off debt and the other half will invest […]
Amazon Ready to Launch AWS in Chinese Market
Sina tech news released on December 18 2013, that Amazon Web Service (AWS) achieved strategic cooperation with cloud valley belonged to China Broadband Capital (CBC). AWS finally was ready to launch AWS in Chinese market.
10% China Mobile Internet User Spending Over 8 Hrs on Mobile
36kr.com and 3g.qq.com did a survey about mobile internet user behavior online, collecting 92,000 sample via 3g.qq.com. Most of respondents were between 23-30 years old, with 41.9%.
China Online Advertising Platforms Market Update in Q3 2013
According to EnfoDesk, market scale of China advertising platforms in Q3 reached 28.77 billion yuan (USD 4.7 billion), 24.2% more than Q2 2013.
Alibaba and Sina Exploring “Social Commerce” Business Model
Alibaba and Sina released “Weibo for Taobao” version on August 1, 2013. Before that, they had linked their accounts, and cooperated in various areas, such as exchanging and sharing their user data, online payment and internet marketing, etc. They combined social media and E-business platform to explore a totally new area: Social Commerce.
Sina Reached Strategic Partnership With NBA
On August 6 2013, Sina and NBA announced their strategic partnership. Sina is NBA’s official internet partner and online community partner, reaching to a deeper cooperation three years after their first alliance in 2010. Their cooperation will begin in three areas: mobile broadcasting, community interaction and live video. NBA live games will attract lots of […]
China Online Ad Market Reached 23 Billion Yuan in Q2 2013
China online ad market in Q2, from iResearch data, reached 23.26 billion yuan (USD 3.8 billion), growing 17.4% compared to Q1 and YoY growth of 27.4%. China online ad market is entering to a steady growth stage. In Q2, search, video, news and navigation monthly usage increased. NetEase, Taobao and eTao had more than 10% […]