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.
Shanda Interactive Entertainment Limited has started the beta tests of its new microblog product, Tuita.com.
The Japanese social networking site Gree plans to open three new offices in Beijing, Singapore, and London, respectively, to expand its overseas markets.
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 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.