Following its acquisition by
ChinaInterActiveCorp, IT portal Donews said that it aims to quadruple in size
next year, reports China Internet Weekly.
Donews founder Liu Ren said that with improved government, investor, and
overseas connections Donews gains through being acquired by CIAC, the company
should have no trouble reaching its goal of growing three sizes.
Donews currently has 300,000 registered
users and daily traffic of 4 million hits. It ranks 160 according to Alexa
statistics, and has annual paid-in-full revenue of 1.6 million yuan
(US$197,000) on 2 million (US$247,000) in orders. To profit off

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