Posts Tagged ‘digital advertising’

Google China Made CNY973 Million Revenue In First Three Quarters Of 2008

According to a report on Chinese search engine market in 2008 released by the Chinese market research firm Analysys International, Google (GOOG) China made CNY973 million revenue in the first three quarters of 2008.

China’s First Internet Advertising Industry Standard Begins

The Internet Committee of the China Advertising Association has launched a trial version of the Recommended Usage Standard for China’s Internet Advertising and the standard started its trial operation from January 1, 2009.

Baidu Taps BrandLink Internet Advertising In China

Chinese search engine is currently developing a new search advertising model named BrandLink. Buys Focus Media’s Digital Out-of-Home Business In China

In one of the biggest Chinese technology deals of 2008, Chinese Internet portal (SINA) has entered into a definitive agreement worth about USD1 billion with Focus Media Holding Limited (FMCN) to acquire substantially all of the assets of Focus Media’s digital out-of-home advertising networks, including LCD display network, poster frame network and in-store network.

Bad Ads: Baidu Adjusts Chinese Revenue Expectations

Signaling that advertisers might shun Internet advertising in an economic downturn, and just weeks after it was hammered by investors for selling illegal medical advertisements, Chinese Internet search engine (BIDU) has rightfully adjusted its revenue expectation for the fourth quarter of 2008 to between CNY890 million and CNY900 million, decreasing CNY100 million compared with […]

Focus Media Bids Farewell To Wireless Advertising

China’s Focus Media (FMCN), China’s largest digital media group, today provided an update on the expected charges resulting from the restructuring of its CGEN in-store advertising network and announced the termination of its remaining wireless advertising business.

Focus Media Will Sell Subsidiary To Competitor

Chinese digital media and advertising company Focus Media (FMCN) will sell its subsidiary Sports Media to its competitor Goodmedia.

Linktone Expects Q4 Revenue To Drop On Loss Of Digital Advertising

Chinese wireless value-added services firm Linktone (LTON) stated that its revenues for the third quarter ended September 30, 2008 rose slightly to USD20.3 million, compared with USD19.1 million in the second quarter of 2008 and USD13.3 million in the third quarter of 2007. Releases Q3 2008 Unaudited Financial Results

Chinese Internet portal and online game firm (NTES) says its total revenues grew as it announced its unaudited financial results for the third quarter ended September 30, 2008. Announces Q3 Results, Expects Next Quarter To Dip In China

Chinese Internet company (SINA) announced its unaudited financial results for the quarter ended September 30, 2008 and says net revenues increased 64% year over year to USD105.4 million, including Internet advertising revenues increasing 66% year over year to USD76.2 million.