Sina.com reports falling profits

Sushubh

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Sina.com reports falling profits
Sina Corp. are the operators of the most popular web portal Sina.com in china and the company has said that their fourth-quarter profits fell 15 percent.
The company suffered due to increasing expenses and a drop in revenues for mobile services.
Sina Corp. reported earnings of $11.7 million, or 20 cents per share. These [...]

http://business.techwhack.co/1854/sinacom/