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.

It's the end of a great year at ChinaTechNews.com, and we have compiled a list of our own top ten online technology stories and topics for 2009. The year 2009 began with worries of how the financial crisis would impact Chinese businesses, but those worries soon disappeared as businesses realized China was on its own [...]

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.

It was almost too good to be true for Focus Media Media Holding — they thought they had found a buyer for their lackluster digital out-of-home advertising networks.

Chinese digital media company Focus Media Holding Limited stated its net loss from continuing operations was USD44.5 million as the company announced its unaudited financial results for the second quarter ended June 30, 2009.

Chinese Internet media and wireless services company Sina Corporation reports its net revenues and profit both fell as it announced its unaudited financial results for the quarter ended June 30, 2009.

Months after announcing that its once-lucrative LCD display advertising business was being sold to Chinese Internet firm Sina.com, Focus Media Holding Limited has announced its unaudited financial results for the first quarter ended March 31, 2009.

Just months after restructuring its in-store advertising network and selling its out-of-home digital networks to Sina.com, Chinese digital media group Focus Media Holding Limited has announced its unaudited financial results for the fourth quarter and full year ended December 31, 2008.

Chinese website operator Sina Corporation just announced its preliminary, unaudited financial results for the fourth quarter and fiscal year ended December 31, 2008, a period in which revenues declined quarter-over-quarter and the future still seems dim.

Chinese digital media group Focus Media will soon announce its executive adjustment plan after the merger of some of its businesses with Sina.com.

Chinese market research firm Analysys International has published its latest report on China's outdoor LCD advertising market for the fourth quarter of 2008, which states the revenue for this sector reached CNY1.726 billion, a year-on-year increase of 25.5%, but a decrease of 5.3% compared with the third quarter of 2008.

Leading Chinese venture capitalist Zhang Fan has called it quits from his position as founding managing partner at Sequoia Capital China.

China's Focus Media (FMCN) is taking advantage of the low media exposure during this week's Lunar New Year holiday to announce a number of executive changes at the company that become effective immediately.

In one of the biggest Chinese technology deals of 2008, Chinese Internet portal Sina.com (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.

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.