Chinese Internet company Tencent published its financial report for the fourth quarter and the entire year of 2012.

While Google has had a difficult time making inroads into China's Internet sector via its search engine, it does seem to have some success tackling China from the hardware angle with partner Lenovo.

Chinese online marketing is booming, and Tencent just announced the launch of its advertising real-time trade platform Tencent AdExchange, marking its formal entry into the Chinese real time bidding market.

Chinese Internet company Tencent revealed that Zheng Jingwei, former chief operating officer of AdChina, has joined Tencent as general manager for the advertising platform unit of the networking media group.

Chinese digital interactive marketing solutions provider Allyes Group announced that Wang Hanhua, former president for Amazon China, has joined the group as chief executive officer, leading the group's strategy and implementation.

Chinese classified information provider Ganji.com has inked a deal with Coo8.com, the professional home appliances e-commerce site for retailer Gome, to offer targeted advertising promotions to Gome.

Privately-owned Chinese B2C e-commerce website 360buy.com confirmed that it is developing an open platform advertising system for third parties.

Roy Rong, chief financial officer of Chinese Internet company UCWeb, revealed during an interview in Bloomberg's office in San Francisco that the company plans to launch its initial public offering in 2013.

Alibaba Group's collective buying subsidiary Juhuasuan.com and Internet payment subsidiary Alipay.com have formed alliance with Focus Media to jointly develop the Chinese online to offline market.

Google has formally launched the advertising trading platform DoubleClick Ad Exchange in China, aiming to help Chinese advertising networks, agencies and Internet publishers to realize real-time trading of Internet display advertising.

Chinese Internet security company Qihoo 360 has published its financial results for the fourth quarter ended December 31, 2011, and the unaudited results for the entire year.

AdChina Ltd., an Internet advertising company in China, has issued its draft prospectus for an eventual initial public offering of its Cayman Island entity on Nasdaq under the symbol ADCN.

China's Ministry of Industry and Information Technology published new security and advertising provisions for regulating the Internet information service market, effective March 15, 2012.

Chinese Internet advertising provider Allyes AdNetwork has witnessed a high-level executive shake-up with both the CEO and COO departing the company.

Chinese online media and entertainment company Sohu.com Inc. announced record total revenues of USD233 million, up 42% year-over-year and 17% quarter-over-quarter, as it reported its unaudited financial results for the third quarter ended September 30, 2011.