Archive for August, 2011

• Sina Buys 9.05% Of Tudou. Should Investors Cheer? (Updated)
  Posted by bbishop on August 29th, 2011 at 9:37 pm, Comments: 0

  Sina ($SINA) spent $66.4M to acquire 9.05% of Tudou ($TUDO), one of China’s leading online video sites, or as CEO Gary Wang describes it: “YouTube [...]

• China Closes 6600 Websites For Illegal Online PR Deals, Will Not Change Anything
  Posted by bbishop on August 28th, 2011 at 8:39 pm, Comments: 0

  From China Daily: China’s telecommunications authorities have shut down 6,600 websites nationwide for illegal public relations (PR) deals in a special campaign launched in April, [...]

• Real Name Registration Requirement Coming For Weibo And Other Chinese Social Media?
  Posted by bbishop on August 26th, 2011 at 10:20 am, Comments: 0

  There is a rumor circulating that the authorities will soon require real name registration for users of Weibos (microblogs) and other social media in China. [...]

• Sina Weibo Turns 2, Rolls Out New Anti-Rumor Measures
  Posted by bbishop on August 26th, 2011 at 6:42 am, Comments: 0

  Sina ($Sina) Weibo turns 2 years old this weekend. In just 2 years Sina Weibo has attracted over 200 million registered users, added billions of [...]

• Baidu Hosting A Version Of CCTV’s Online TV Station CNTV
  Posted by bbishop on August 25th, 2011 at 9:54 pm, Comments: 0

  CCTV’s finance channel spent much of last week attacking Baidu ($BIDU), as Digicha chronicled extensively. Now Baidu and CCTV have partnered to launch a version of [...]

• Groupon CEO Discusses China, Dismisses Reports of Child Kidnappings And Laser Beams
  Posted by bbishop on August 25th, 2011 at 7:06 pm, Comments: 0

  Kara Swisher published an internal memo Groupon CEO Andrew Mason sent to his employees. Mason briefly addresses Gaopeng, Groupon’s China joint venture: What about our [...]

• Steve Jobs’ Resignation Is The #1 Topic On Sina Weibo
  Posted by bbishop on August 24th, 2011 at 10:52 pm, Comments: 0

  Apple ($AAPL) and Steve Jobs are loved in China. So far Sina ($SINA) Weibo users have posted 1.4m messages about the news of Jobs’ resignation, [...]

• Groupon’s China venture facing cash crunch – FT.com
  Posted by bbishop on August 24th, 2011 at 9:17 pm, Comments: 0

  Groupon’s China venture facing cash crunch – FT.com. The FT has more details on Groupon’s China train wreck, including: According to current and former managers, [...]

• Will Groupon China Expire?
  Posted by bbishop on August 24th, 2011 at 3:58 am, Comments: 0

  Gaopeng, Groupon’s China venture, is a disaster. The best outcome may be some kind of face saving deal with Tencent to prevent it from becoming [...]

• Are Sina Investors Pricing In Regulatory Risk? (Updated)
  Posted by bbishop on August 23rd, 2011 at 9:42 pm, Comments: 0

  [UPDATE: I have been "educated" by a local media friend that actually Liu Qi's visit is a positive sign for Sina. It is rare for [...]