BusinessWeek suggests Google may look to acquire China-based Sina, a rapidly growing media portal.
With its online ad business projected to grow 30% to 35% annually for the next three years, Sina is a “very attractive target” for Google, says Jane Hsieh of investment firm Clay Finlay…Google wants to gain a larger foothold in China, she says, and is “considering Sina as a buyout.”
Sina offers services such as news, entertainment, and other content targeting people of Chinese descent.
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1 comment on “Could Google Buy China’s Sina?”
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Diane Ensey Says:
April 28th, 2006 at 12:39 pm
Perhaps if Google got a bigger presence in China, through short-term censoring as the government mandates, in the long term they can managed to limit the censorship? Wishful thinking?