Most social networks and web businesses generate their revenues from online advertising - but it looks like some do it much better than others. more ›

QQ, China's wildly popular instant messaging service with over 690 million registered users, 360 million monthly active users and 130 million daily users, is now available in English, under the new portal IMQQ.com. As far as we understand, QQ has had an English version of QQ since 2005 but those earlier versions met with little success. With the launch of its new English portal, is Tencent Inc (the company behind QQ) finally setting its sights on the world? Well don't start scoffing at the idea because Tencent did make its millions way before MSN figured out how to monetise its Messenger service. Anyhow, for those of you that are interested, start downloading the QQ2009 Beta for Windows and the Mac version 1.0 beta to begin chatting with your Chinese friends. more ›

Recent actions by the Alibaba Group and Taobao to protect their market share may not be enough given the multi-front strategy taken by search engine juggernaut Baidu. With their profits up by 91% in the last quarter, Baidu seems to be using their financial success to attack other Chinese online markets. more ›