Hong Kong-based enterprise software and new media firm CDC Corporation announced financial results for the fourth quarter and year ended December 31, 2009, and stated total revenue in the quarter was USD83.0 million, compared to USD76.6 million in the third quarter of 2009.

The Nasdaq-listed AsiaInfo Holdings has announced plans to acquire Linkage Technologies International Holdings Company Ltd., a software and IT service provider in China, for USD730 million.

According to Liu Qiangdong, chairman of the Chinese B2C e-commerce platform 360buy.com, the company is expected to realize annual sales of over CNY4 billion in 2009.

Chinese online media and mobile services company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2009.

According to an executive from Beijing Wuxian Xunqi Information Technology Company, the exclusive operator of China Mobile's 12580 comprehensive service platform, the company plans to launch its initial public offering in the next one or two years.

According to a report published by China Yahoo's community operation department, the company plans to close its one-year-old social networking site Yahoo Guanxi on October 30, 2009.

Chinese video website Youku.com announced that it has sued Sohu.com at Beijing Haidian People's Court for Sohu's infringements of Youku's copyrights and harming Youku's reputation.

Chinese Internet company NetEase.com is reportedly planning to separate its Web portal business, which includes advertising and wireless services, from its online game business, and the company may separately list its portal business.

China's Focus Media (FMCN) announced that its wholly owned subsidiary Allyes Online Media Holding Ltd. is preparing to be listed in the United States.

Chinese Internet music provider 5fad.com has filed a lawsuit against Chinese Internet search engine Baidu.com (BIDU) at the United States District Court for the Southern District of New York.

Zhengjiaweb.com, a new B2C portal website jointly promoted by China's Ministry of Science and Technology and Ministry of Commerce, has been formally unveiled.

Nasdaq has told PacificNet (PACT.PK) that as a result of the resignation of one of the company's directors, PacificNet is no longer in compliance with the independent director requirement of Rule 4350 of Nasdaq's Marketplace Rules.