Nov 24 (Reuters) – Alibaba.com, China’s
largest e-commerce firm, posted an 11.9 percent rise in
quarterly net profit, its slowest growth in nearly two years.

The results missed forecasts by analysts and were attributed
to a weak macroeconomic climate that led to a slower pace of
customer additions.

SHANGHAI (Reuters) – Focus Media Holding Ltd, a U.S.-listed Chinese company, said a short-seller’s report accusing it of overstating its assets was “completely untrue,” and it would make a statement refuting the allegations before U.S. markets open on Tuesday.

Influential short-selling firm Muddy Waters accused Focus Media, a digital media and advertising company, of inflating the number of its LCD screens, among other charges, wiping out two-thirds of the company’s market value on Monday.

SHANGHAI/TAIPEI (Reuters) – Taiwan’s Acer Inc, the world’s No.4 PC vendor by sales, expects its recent integration with Founder Technology and increased brand acceptance to help grow its China sales by between 20-25 percent next year, said the firm’s head of China operations.

Acer, which trails Hewlett-Packard, Lenovo and Dell, announced a strategic alliance with Founder Technology last year to use its PC-related trademark for seven years in a move to beef up its presence on the mainland.

SHANGHAI, Nov 16 (Reuters) – Germany’s largest
drugmaker, Bayer AG, said it expects revenue in Asia
to increase over 60 percent by 2015, driven by its cancer and
cardiovascular drugs as well as its engineering plastics.

Bayer, which started producing the Aspirin painkiller in
Shanghai as early as 1936, said that by 2015 it aimed to have
sales in Asia of well over 11 billion euros ($14.9 billion),
with about 6 billion euros coming from the Greater China region.

SHANGHAI (Reuters) – What do the International Monetary Fund, Louis Vuitton and Unilever have in common?

They are the among a clutch of Westerns institutions to join Weibo, China’s most popular microblogging platform operated by Sina Corp, which has quickly become the place to be to promote, lobby and win over a large, important audience.

SHANGHAI, Nov 16 (Reuters) – What do the International
Monetary Fund, Louis Vuitton and Unilever have in common?

They are the among a clutch of Westerns institutions to join
Weibo, China’s most popular microblogging platform operated by
Sina Corp, which has quickly become the place to be to
promote, lobby and win over a large, important audience.

SHANGHAI, Nov 16 (Reuters) – What do the International
Monetary Fund, Louis Vuitton and Unilever have in common?

They are the among a clutch of Westerns institutions to join
Weibo, China’s most popular microblogging platform operated by
Sina Corp, which has quickly become the place to be to
promote, lobby and win over a large, important audience.

Nov 9 (Reuters) – Tencent Holdings Ltd , China’s
biggest Internet company by revenue, reported its slowest profit
growth in four years, missing analysts’ estimates on softer
growth in its casual games and lower margins due to increased
investments.

Tencent posted a 13.6 percent rise in third-quarter net
profit to 2.45 billion yuan ($386 million), missing analysts’
forecast of 2.63 billion yuan. After accounting for currency
losses and net losses from changes in the value of financial
assets, Tencent booked a profit of 1.94 billion yuan.

By Melanie Lee

(Reuters) – Sina Corp, the operator of China’s largest Internet portal, swung to a third-quarter loss due to hefty writedowns on investments in two online businesses, and said it does not expect a significant increase in advertising spending next year.

China’s online advertising market grew 54.9 percent in the third quarter to 13.7 billion yuan ($2.2 billion) with Sina ranking fourth in the overall market behind Google China, Taobao and Baidu, according to Beijing-based consultancy iResearch.

Nov 9 (Reuters) – Sina Corp , the operator of
China’s largest Internet portal, swung to a third-quarter loss
on steep investment losses and said it doesn’t expect a
significant increase in advertising spending next year.

The company, which runs the Weibo microblogging platform
with more than 250 million users, is turning itself into a
full-fledged social networking site, pitting itself against the
likes of Kaixin001 and Renren .