Amid a thunderous drop in Chinese companies' market capitalization in recent weeks, Tudou.com has filed an amendment to its filing for an initial public offering in the United States to raise money for its online video operations in China.

The microblog channel of Sina.com and China Telecom have signed an agreement to implement a cooperation for products based on the microblog services at Sina.com.

Chinese Internet company Tencent has gained the rights to operate Blade & Soul, a new online game developed by the South Korean company NCsoft, on the Chinese mainland.

Chinese online and wireless media company Sina Corporation says its profit fell on higher costs as it announced its unaudited financial results for the first quarter ended March 31, 2011.

Chinese online news and video media service Phoenix New Media Limited filed its F-1 statement with the United States Securities and Exchange Commission in a bid to raise up to USD200 million in an initial public offering.

China's Shanda has announced its launch a new navigation site, Tuan.sdo.com, for group buying websites.

Chinese Internet company Sina.com has officially launched a new domain name, weibo.com, for its microblog product, and the company has also adopted a new logo for the social media business.

Shanghai-based mail order and Internet retailer Mecox Lane has announced that Sina.com and China Dongxiang plan to purchase 117,505,755 ordinary shares from its two major shareholders, Maxpro Holdings Limited and Ever Keen Holdings Limited.

Chinese social networking site Renren.com has published its five annual strategic products, covering information, entertainment, and location services, and what it plans for 2011.

Youku.com and Tudou.com, along with about a dozen competitors, are known as the Chinese versions of YouTube. But beyond the common ability for users to upload videos to Youku.com, Tudou.com, and YouTube, the Chinese and Western business models face different futures.

Shanda Open Platform and Sina.com's microblog service have reached a cooperation agreement to implant the various gaming applications of Shanda Open Platform into the microblog sector of Sina.com.

Chinese online and wireless value-added service media company Sina Corporation announced its unaudited financial results for the quarter ended September 30, 2010, and said net revenues grew 12% year over year to USD108.2 million but the company expects lower results in the following quarter.

Chinese Internet company Sina.com and Microsoft's MSN China has jointly announced that the two parties have signed a strategic cooperation agreement and formally entered a social media strategic partnership.

China Real Estate Information Corporation, an online real estate information service in China, announced its unaudited financial results for the third quarter and nine months ended September 30, 2010.

Chinese portal website Sina.com has published its first white paper targeting the Chinese microblog market.