For someone like me, who has a tiny cluster of them, the relationship between those companies is always intriguing. Example: Sina is the top portal in China, but No. 2 Sohu has exclusive rights to the 2008 Olympic Games in Beijing.
A story in the Pacific Epoch notes that Sina, Tencent and NetEase are now allies who will compete with Sohu. This is compelling on two levels.One, I don't see how Sina lacks the resources to cover the Olympics, as Sohu's CEO claims.
Two, I see Shanda as the future leader of online gaming in China. Shanda's top competitor is NetEase. This overlap of best-of-breed and runners-up is interesting, to say the least.
Tencent provides instant messaging for the cellphone-crazy nation. It is a dominant leader in that space. Along with Alibaba, which is 40 percent owned by Yahoo, Tencent is a company with a lucrative future ahead. More so, of course, if it goes public, as Alibaba is planning.
Disclaimer: Pupule Paul is long SINA.
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