Reuters (NSDQ: RTRSY) has acquired a minority stake in ChinaWeb, the parent company of Chinese financial information portal Hexun. Founded in 1996, Hexun is now one of China’s largest financial…

Read more »

Yahoo (NSDQ: YHOO) touted its Asian holdings as a key reason why Microsoft (NSDQ: MSFT) ought to pay more for the company, arguing that they represent extra strategic value. But…

Read more »

Because Zooomr can’t hog all the o’s, Japanese video search engine Fooooo has raised a $1 million second round from Cyberagent, reports Alarm:Clock and NTV. It’s the company’s second $1…

Read more »

Chinese website BabyTree.com has raised $10 million in venture funding from Matrix Partners China Fund. BabyTree provides an online platform for mothers to blog and exchange ideas about raising their…

Read more »

Following two failed MVNOs in the US, Disney (NYSE: DIS) has gone to Japan, where on Saturday, it launched an MVNO--Disney Mobile--with Softbank, the country’s third largest operator. AFP reports…

Read more »

An intriguing move by China Central Television ... the Wall Street Journal reports that the state-run broadcaster is tying up with MySpace China and online-video site Tudou.com for an interactive…

Read more »

An interesting spin-off from within Chinese portal Sina (NSDQ: SINA) and keen to see if this becomes a trend of some sort with other portals: it is spinning off its…

Read more »

Chinese internet firm Shanda (NSDQ: SNDA) has reported Q4 revenue of $97.8 million, up 51.8 percent year-on-year. Net income was up 21.8 percent to $40.1 million. A 59.4 percent rise…

Read more »

Chinese online advertising firm eMar announced that the company has completed its series B financing, receiving $10 million in equity investment from CDH Investments and Walden China. Founded in 2004,…

Read more »

Rounding out our trifecta of Chinese internet names this evening, MMO developer Netease (NSDQ: NTES) announced Q4 revenue of $85.3 million, up 15.1 from $74.1 million in the year-ago period.…

Read more »

Chinese online gamer Giant Interactive (NYSE: GA) reported Q4 revenue of $59.6 million, up 151.8 percent from $23.6 million in the equivalent year-ago quarter. Net income soared to $45.7 million,…

Read more »

Chinese online media company Sina.com announced Q4 revenue of $70.7 million, up 25 percent from $56.4 million in last year’s equivalent period. Net income grew 49 percent to $17.5 million…

Read more »

-- HSW International: The Chinese online publishing firm whose main business is offering translated versions of the US-based site HowStuffWorks.com (now owned by Discovery) to viewers in China and Brazil,…

Read more »

Ron Burkle’s investment vehicle The Yucaipa Companies has increased its stake in Chinese media firm Xinhua Financial Media Limited (NSDQ: XFML). The company will issue $30 million in preferred shares…

Read more »

Update: Looks like Reuters (NSDQ: RTRSY) got it wrong: I just spoke to a UTV spokesperson, who told me that Disney’s open offer to UTV Software shareholders is a part…

Read more »

That a Microsoft-Yahoo tie up would draw some serious scrutiny from the EU almost goes without saying. But because of Yahoo’s significant holdings in the Alibaba Group, the deal may…

Read more »

The Motion Picture Association, which includes six movie studios, has filed copyright infringement suits in China against Shenzhen Xunlei Networking Technology, a popular P2P file sharing service. The suit alleges…

Read more »

Chinese search engine Baidu (NSDQ: BIDU) reported Q4 revenues of $78.3 million, up over 100 percent from last year’s $37.7 million. Net income also soared, increasing 79 percent to $30.1…

Read more »

Chinese media company Xinhua Financial Media Limited (NSDQ: XFML) reported Q4 revenue of $48.5 million, more than doubling from $34.1 million in the equivalent quarter the year before. Net income…

Read more »

Hong Kong-based social net HeySpace has raised $10.75 million of a planned $20 million first round, reports PE Hub. No investors have been named. Based on various reports, including this…

Read more »

George Soros has picked up 3 percent stake in Reliance Entertainment, the media and entertainment company of the India’s Reliance ADA Group (ADAG) for $100 million, valuing the company at…

Read more »

Google (NSDQ: GOOG) is treading where others fear to tread: the Chinese digital music market, where search leader Baidu (NSDQ: BIDU) leads the pack with borderline business of linking to…

Read more »

CNET’s (NSDQ: CNET) pace of smaller acquisitions has certainly slowed down as its focus is on streamlining operations and the proxy board fight: during Q407, it bought Cheshi, a Beijing-based…

Read more »

Two major Indian Internet deals today, covered in details on ContentSutra: -- eBay Sells Stake in Indian Arm: Kijiji India, the Indian site for eBay (NSDQ: EBAY) classifieds, will now…

Read more »

The music industry is turning up the legal heat on Chinese websites it reckons are flouting its IP. First, Universal, Sony (NYSE: SNE) BMG and Warner have filed suit against…

Read more »