Breaking News, World News and Taiwan News.

Chinese portal Sina says profits tumble 75% on weak revenue

AP
February 21, 2013, 12:38 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

BEIJING -- Chinese portal Sina Corp.'s quarterly profit tumbled 75 percent on relatively small revenue for its microblog service.

Sina said Wednesday it earned US$2.4 million in the three months ending Dec. 31, compared with US$9.3 million a year earlier. Revenue rose 4 percent to US$139.1 million.

Online advertising revenue rose 7 percent to US$110.7 million. Non-advertising revenues, mostly from the company's popular Sina Weibo microblog service, rose 181 percent but stood at just US$10.6 million.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	A closer look at Mandiant, the cybersecurity scourge of Chinese hackers

NEXT ARTICLE
China promises more effort to cool fired-up housing costs

Sponsors
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	"Dress First is the leading supplier of all kinds of dresses. You can buy your favorite suknie ślubne here."
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.