Latest News:  
Beijing   Sunny/Cloudy    20 / 10 ℃  City Forecast

English>>China Business

Chinese web-video advertising revenues up 77.9 pct in Q3

(Xinhua)

08:07, November 02, 2012

SHANGHAI, Nov. 1 (Xinhua) -- Third-quarter revenues of China's online video advertising reached 2.64 billion yuan (423.19 million U.S. dollars), a 77.9 percent year-on-year increase, according to an Analysys International report.

Revenues for the three-month period also represented a 37.5-percent increase from the second quarter.

China has witnessed rapid growth in its online video sector in the six months to the end of September after fluctuations in the sector in 2011.

The size of the online video advertising market hit a record high in the third quarter of 2012, due to major sports events such as the Olympic Games, said Zhang Fan, an analyst with the company.

Advertisers were attracted back to video websites, helping boost revenues, Zhang said.

Original-produced videos on websites also helped grow advertising market share, he added.

News we recommend:
[Special]'Made in China' Revisited Chinese property companies speed up Yuan set to be more flexible
Software changes its China business model Alarm raised over Apple 'erotic' app HNA Group buys 48% stake in French airline
Asian economies turn to yuan  Yuan at highest value versus US dollar Policies raise hope for Chinese PV solar

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. Troops in field tactical training

  2. PLA, U.S. army bands hold joint concert

  3. A review on U.S. warships pulled in HK

  4. People have fun at Angry Birds theme park

  5. Cute giant panda cubs

  6. Auto industry's recall system

  7. Fairyland-like "Beauty Valley" in China's Sichuan

  8. Russian beauty performs jujitsu in office

Most Popular

Opinions

  1. Strong yuan poses risk for economy
  2. Time to rethink music profit models
  3. Policy support for private sector
  4. Japan urged to face change on Diaoyu issue
  5. What kind of 'busy culture' do we need?
  6. 'Noah's Flood' breaks down the cultural barrier
  7. A vital asset for emerging ratings agency
  8. Clearing the path for global currency
  9. Why scary Chinese movies are so scarce
  10. Banks get carried away with late fees

What’s happening in China

People have fun at Angry Birds theme park in Shanghai

  1. Banned drug found in pork sample
  2. Lingang tourism plan attracts key criticism
  3. Migrants to be half of city population
  4. Fines set for overseas births over legal limits
  5. AQSIQ: Nongshim instant noodles being recalled