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China’s Sohu net profit drops, China Online Marketing, Shanghai, China

Chinese Internet media company Sohu.com posted a 20 percent drop in quarterly profit but topped expectations due to an increase in online corporate brand advertising and forecast a stronger third quarter.  Sohu and others such as Yahoo are competing against Baidu.com and Google, which together command more than 80 percent of the search market in the world’s second-largest Web market, according to research firm Analysys…


MySpace, BBC sign video share agreement, China Online Marketing, Shanghai, China

The online community MySpace has signed an agreement with BBC Worldwide to bring some of the British broadcaster’s programs to a worldwide audience, media reported Thursday. The agreement will allow MySpaceTV users to subscribe to a BBC Worldwide channel, then view and share clips from current and archived content. Clips will be available to MySpaceTV users globally. Other BBC programs that will be featured include…


E-commerce evolution, China Online Marketing, Shanghai, China

From Internet marketplaces Alibaba.com and Taobao.com to online payment tool Alipay, Yahoo! China and business management software Alisoft, Jack Ma, founder of Alibaba, seems to be riding high on a wave of hi-tech. Many industry observers are raising the question – what is his next step? And he does have more plans. The 42-year-old e-commerce leader gave his reply during the Fourth Alibaba Online Businessman…


Alibaba strikes it rich, China Online Marketing, Shanghai, China

You Can Be Highly Successful in China You Just Have to Know How to Do It Correctly. Alibaba strikes it rich Alibaba.com said the global economic slowdown is unlikely to have a great impact on the company’s business performance this year. Releasing the annual results, Wei Zhe, chief executive officer of Alibaba.com, said the company will continue to see dynamic growth this year despite the…


Baidu says ‘Hi’ with IM testing, China Online Marketing, Shanghai, China

The Chinese search engine Baidu Inc said on Friday it has started a beta test for its instant message (IM) product, marking the company’s formal entry into China’s IM market. Baidu said on Friday in a press release it has started internal tests of its IM product “Baidu Hi”, which only Baidu employees who have submitted applications through internal networks can get approval to download….