China

PayPal Teams with China UnionPay

March 17, 2010 -- SINGAPORE -- PayPal and China UnionPay, China’s bankcard association, today announced that China UnionPay (CUP) card members will be able to use PayPal to shop online, representing a new opportunity for international retailers to sell to a large base of Chinese customers who, combined, hold 2.1 billion CUP cards.

“After years of being the export hub for the world, today marks the day that China is open for business as an import e-commerce market”

PayPal Plans to Double Asia Presence

Over 1,000 New Jobs to Be Created

March 17, 2010 -- SINGAPORE -- PayPal today announced that it plans to double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year. The company plans to add more than 100 new jobs at its international headquarters in Singapore.

PayPal and China UnionPay Open the Global Marketplace to Chinese Consumers.”

eMarketer: Mobile Subscriber Growth Slowing in BRIC Countries

But mobile Internet user growth is speeding up

NEW YORK (Mar. 17, 2010) -- Although the mobile markets in the BRIC nations (Brazil, Russia, India and China) continue to expand at a healthy pace, the days of triple-digit subscriber growth are long past.

As subscriber bases solidify, it is now the mobile Internet user populations that are increasing rapidly, albeit from small bases.

Mobile Ad Spending Trends in BRIC Countries

Messaging currently offers marketers the greatest opportunity

NEW YORK (Mar. 17, 2010)—For marketers looking to break into mobile and get the most from their investment in BRIC countries (Brazil, Russia, India and China), targeting a more specialized audience may help them ring up dividends.

eMarketer projects that mobile ad spending will reach $11.8 million in Brazil, $6.4 million in Russia, $35.4 million in India and $223.2 million in China in 2010.

Sohu.com (NASDAQ:SOHU) Q4, FY2009 Financial Results

Total Revenues of US$515.2 Million; Up 20% Year-over-Year

BEIJING, Feb. 1 -- Sohu.com Inc. (NASDAQ:SOHU) , China's leading online media, communications, search, online games and mobile value-added services group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2009.

Fourth Quarter Highlights
-- Total revenues were US$135.8 million, up 12% year-over-year, in line
with the Group's guidance.
-- Brand advertising revenues were US$45.9 million, up 2% year-over-year
and in line with the Group's guidance.

Baidu (NASDAQ:BIDU) to Form Joint Venture With Rakuten

Venture to Build China's Largest Online B2B2C Mall; Partnership with Japan's leading B2B2C e-commerce company to offer products to Chinese consumers

BEIJING, Jan. 27 -- Baidu, Inc. (NASDAQ:BIDU) , the leading Chinese language Internet search provider, and Rakuten, Inc., the largest e-commerce website in Japan, today announced an agreement to jointly invest US$50 million over three years in a joint venture to build a B2B2C online shopping mall for Chinese Internet users.

Cisco Shakes Up Asia Pacific Operations

Creates New Greater China Theater

SAN JOSE, Calif., BEIJING, P.R.C. and TOKYO, Japan, – Jan. 11, 2010 – Cisco (NASDAQ: CSCO) today announced a restructuring of its Asia Pacific and Japan operations to support its investments and growth plans in the Asia Pacific and Japan region.

Effective February 2010, the company will create three theaters that will enable a more focused strategy and investment of resources to countries within the region.

Netezza Launches China Sales Presence

MARLBOROUGH, Mass.,—BEIJING, CHINA—December 15, 2009— Netezza Corporation (NYSE: NZ), the global leader in data warehouse and analytic appliances, today announced that it has begun sales and marketing of its products in China.

Through a partnership with Alliance Development Group (ADG), the company has opened a new, fully-staffed Proof of Concept (POC) Center in Beijing to enable IT executives to experience Netezza's performance and simplicity first hand.

eBay Teams with TOM Online

eBay Inc. and TOM Online Announce Joint Venture Agreement on E-Commerce in China

SAN JOSE, Calif.,/SHANGHAI and BEIJING December 19, 2006 – eBay Inc. (Nasdaq: EBAY) and online portal and wireless Internet company TOM Online (Nasdaq: TOMO; Hong Kong GEM: 8282) today announced a joint venture agreement that will set the foundation for the next phase of growth of e-commerce and m-commerce in the rapidly growing Chinese market.

Growth in Asia Pacific Internet Audience Fueled by China, India and Japan

comScore to Host Webinar on “State of the Internet with a Focus on Asia Pacific” on Thursday, November 19

Singapore City, Singapore, November 16, 2009 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released a report on the growth of Internet audiences in the Asia-Pacific region based on data from its comScore World Metrix service.

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