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Top Executives Quit Chinese Internet Advertising Company
November 9, 2011Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.
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Chinese Digital Advertising Revenues Rise For Focus Media
November 23, 2010Shanghai-based digital media and advertising firm Focus Media Holding Limited announced its unaudited financial results for the third quarter ended September 30, 2010.
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Chinese Internet Advertising Revenue Up For Focus Media
August 24, 2010Chinese 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 [...]
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Focus Media Dumps Chinese Internet Advertising Company Allyes
July 31, 2010Chinese 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.
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Focus Media Implements Allyes MBO As Digital Advertising Revenue Plummets In China
March 17, 2010Chinese 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.
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Looking Back At China's Top Technology News In 2009
January 7, 2010It'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 [...]
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Disappointing Chinese Digital Revenues For Focus Media
December 8, 2009Chinese 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.
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Focus Media Cancels Acquisition Deal With Sina In China
September 28, 2009It 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.
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Focus Media Posts Net Loss In China
September 21, 2009Chinese 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.
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Internet Profit Falls For Sina.com In China
September 1, 2009Chinese 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.
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Focus Media's China Profit Plummets As It Ceases LCD Ad Business, Sinks Shanghai Ad Boat
June 22, 2009Months 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.
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Focus Media Generates Disappointing Quarterly Loss In China
March 24, 2009Just 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.
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Sina.com Foresees Bumpy Internet Future In China As It Releases Financial Results
March 17, 2009Chinese 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.
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Rumor: Focus Media Executives In China May All Resign
March 12, 2009Chinese digital media group Focus Media will soon announce its executive adjustment plan after the merger of some of its businesses with Sina.com.
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China's Outdoor LCD Advertising Sees Drop At End Of 2008
February 24, 2009Chinese 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.
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