MSN China Wants to be Out of Joint Venture

FREE IFN Newsletter

MSN China Wants To Be Out Of Joint Venture

By: Navneet Kaushal
2007-09-05

In a recent state newspaper, it was announced that the state-owned Chinese partner of MSN, Microsoft's online services group...

...desires to sell all its holdings in the China-based joint venture.

Shanghai Alliance Investment was behind the formation of the Shanghai MSN Network Communications joint venture with Microsoft in May 2005. Now it is looking for appropriate buyers since last month. Both parties hold 50 per cent of the venture. Shanghai Alliance Investment is run by Jiang Mianheng, a son of former President Jiang Zemin. It is believed that the reason behind closing the partnership is the unclear business model of the venture.

The venture was used to provide online content, email and instant messaging services in Chinese language. However, there is no confirmation on this issue from both the parties. A Beijing-based official with Microsoft's public relations company H-Line Ogilvy was not ready to make any comment on the report.

Click here to subscribe to our RSS feed to get a daily digest of news around search engine industry. Unofficial SEO Blog is updated four times a day and is ranked as one of the best search engine resources blog by Pandia!

Comments

Tag: MSN China

Add to

Del.icio.us |

Digg |

Reddit |

Furl

About the Author:
Nav is the founder and CEO of PageTraffic, a premier search engine company known for its assured SEO service, web design and development, copywriting and full time SEO professionals.

Navneet has wide experience in natural search engine optimization, internet marketing and PPC campaigns. He is a prolific writer and his articles can be found in the "Best Articles" section of many websites and article banks. As a search engine analyst , he has over 9 years of experience and his knowledge is in application here.


Titan Quest Forum	Nintendo Wii	Graphics Forum
Halo 3 Forum	Mac Software