Chinese digital media firm Focus Media Holding Limited announced its unaudited financial results for the second quarter ended June 30, 2010, and stated total net revenue was USD158.2 million, representing an increase of 27% from USD124.9 million for the first quarter of 2010 and an increase of 22% from USD129.5 million for the second quarter [...]

Following the signing of a memorandum of understanding in Beijing in May 2010, the Chinese mainland Founder Group and the Taiwanese Acer have jointly announced that they will implement further cooperation in the PC business sector.

Chinese digital media firm Focus Media Holding Limited has entered into a definitive share purchase agreement to sell to Silver Lake a 62% indirect equity ownership of its Internet subsidiary, Allyes Online Media Holdings Ltd and its consolidated subsidiaries and affiliates, for USD124 million.

Chinese video website Youku.com has launched an independent video search website Soku.com, which allows users to search for videos on Youku.com as well as those on other websites.

Chinese travel review website Daodao.com announced it has inked an agreement with National Geographic Traveler China to begin cross-channel cooperation for marketing.

News from many outlets the past week is that Google is planning to announce a withdrawal from China today. Google's departure will boost rivals like Baidu.com, but it is a no-win scenario for Google.

Chinese digital media group Focus Media has announced that the company and its subsidiary Allyes will implement a management buyout, acquiring a 38% stake in Allyes for USD13.3 million.

Chinese digital media company Focus Media Holding Limited announced its unaudited financial results for the third quarter ended September 30, 2009, and stated that its revenue and profit both dropped during the quarter that saw much restructuring.

The Internet Society of China, China Communications Standards Association, and Chinese search engine company Baidu.com have jointly published the Search Engine Marketing Standard and Regulation.

Chinese Web portal company Sohu.com Inc. has reported its unaudited financial results for the second quarter ended June 30, 2009.

Bank of China and the Chinese B2B e-commerce group Alibaba have signed a comprehensive strategic cooperative agreement to jointly provide e-commerce value-added services to customers.

Chinese search engine company Baidu Inc. announced its unaudited financial results for the second quarter ended June 30, 2009, and stated total revenues were CNY1.097 billion, a 36.7% increase from the corresponding period in 2008.

U.S.-based D&B is rumored to have paid as much as USD60 million for Roadway, one of the many digital marketing companies operating in China.

According to Xi Guohua, vice minister of the Ministry of Industry and Information Technology of China, the number of Chinese netizens increased by 16.2 million in the first quarter of 2009, reaching a total number of 316 million.

According to Sohu.com's IT channel, the Chinese search engine giant Baidu.com will formally launch the professional edition of its new Internet search engine advertising program, Phoenix Nest, on April 20, 2009.