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Kaixin001 Discloses Ad Revenue to Date
Beijing-based social networking service (SNS) site Kaixin001.com had recorded advertising revenues of RMB 34.48 million and 53.45 million registered users by September 16 this year, Chengdu Economic Daily reported citing Kaixin001.com statistics. According to reports in early August, Kaixin001.com said it had generated revenue of several millions of yuan from advertising.
Beijing No.2 Intermediate People's Court, which is hearing Kaixin001.com unfair competition lawsuit against Oak Pacific Interactive's Kaixin.com has deferred making a ruling, the report said. Previous reports detailed Kaixin001.com attempt to get a legal injunction against Oak Pacific's use of "Kaixin" ("happy") in its name and web address.
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