Consumer China

Sina – Behind the curve

  • Published 17 Sep 2009

It may take Sina a while to shake off its listlessness.

Sina (SINA:Nasdaq) helped to establish the internet in China, but is now fighting to resist being pigeonholed as old news. About 35% of internet users still use Sina to read news, but the portal is finding it increasingly tough to convert that enviable customer base into growing revenues and profits. The main reason for this is that in the aftermath of the financial crisis, advertisers shifted increasingly from the brand ads that are Sina’s mainstay to keyword ads that favour the search engines such as Baidu and Google.

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