- Top 4 portal sites (sina, sohu, 163, tencent) Q3 online ad sales achieved 100 million USD for the first time, according to iResearch.
- Sina: 45.8m
- Sohu: 31.5m
- 163/Netease: 11.4m
- Tencent: 19.3m
- Microsoft launched short domain names W.cn and 9.cn
- Alipay (a China PayPal, under Alibaba Group) enters Taiwan online payment market
However, transactions can’t be processed with either Taiwan currency or Chinese yuan but US dollars. - China’s Online Youth Lead US Counterparts in Digital Self-Expression [Marketing Charts]
Millions of young Chinese are embracing the internet as a discreet space for their thoughts and emotions – almost five times as many Chinese as Americans surveyed said they have a parallel life online (61% vs. 13%) – according to a survey of Chinese and American youth released today by IAC and JWT.
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