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Online ads lift Sina revenue

Business | Information industry
2009-11-18

CHINA'S biggest Internet portal provider, Sina Corporation, yesterday posted better than expected revenue in the third quarter and quarterly improving profit as spending on online advertising increased. Net profit...

Chao infund talks for Sina shares bid

Business | Information industry
2009-10-1

THE management of Sina Corp, led by its chief executive, Charles Chao, is in talks with private-equity funds to back a plan for them to buy about US$180 million worth of shares in an effort to strengthen control of...

Deadline marks end for Sina's Focus deal

Business | Advertisement/media
2009-9-29

SINA Corp is to terminate a deal to buy the out-of-home business of Focus Media as it failed to get approval from China's Ministry of Commerce before the deadline. The companies announced in December that Sina...

Sina Corp profits on way up

Business | Information industry
2009-9-2

SINA Corp posted an improved profit from the previous quarter after falling for two quarters. Net income for the second quarter reached US$13.1 million, or US$0.23 per share, up 37 percent from the previous quarter...

Talk of rejection for Sina's Focus deal

Business | Information industry
2009-7-17

CHINESE Internet portal Sina Corp's application to buy the core assets of Focus Media is incomplete, China's commerce ministry said yesterday, amid speculation regulators may reject the deal. The ministry said...

Sina reports falling profits as it waits on merger

Business | Information industry
2009-6-11

SINA Corp said yesterday that its profit for the first quarter fell due to uncertainty about China's economy. The firm is still waiting for approval from the Minister of Commerce for a merger with Focus Media's...

Sina and Focus seal US$1.3b ad deal

Business | Information industry
2008-12-23

SINA Corp, the operator of China's biggest Web portal, agreed to buy Focus Media Holding Ltd's digital out-of-home advertising networks for about US$1.3 billion in stock to expand beyond the Internet. The purchase...

Sina gains from rise in ad sales

Business | Information industry
2008-11-14

SINA Corp reported its third-quarter profit climbed about 28 percent year on year, thanks to higher online advertising income and media coverage during the Beijing Olympic Games. The Nasdaq-listed firm said third-quarter...

Sina rises 87% on ad revenue

Business | Information industry
2008-5-16

SINA Corp, operator of China's largest Web portal, rose 87 percent in first-quarter profit on soaring advertising income. Its net income reached US$16.1 million, or 27 US cents a share, in the quarter from a year...

Ads boost Sina's Q1 net

Business | Information industry
2007-5-16

SINA Corp, which runs the most popular portal in China, reported a 23 percent increase in first quarter net income as advertisers spent more on the portal to market their products to Chinese consumers. Earnings...