SOURCE: The Bedford Report

The Bedford Report

April 29, 2011 08:16 ET

China's Burgeoning Internet Market Benefits and

The Bedford Report Provides Analyst Research on and

NEW YORK, NY--(Marketwire - Apr 29, 2011) - As market shares continue to grow, companies within China's internet sector have been posting record numbers this earnings season. China's online population is already the world's largest, and with millions of Chinese users trying the internet for the first time each month, analysts project Chinese internet firms to continue showing impressive growth. The Bedford Report examines the outlook for companies in China's Internet Sector and provides research reports on, Inc. (NYSE: YOKU) and, Inc. (NASDAQ: SOHU). Access to the full company reports can be found at:

According to the China Internet Network Information Center, China has the world's biggest population of internet users with more than 400 million. A recent study from the consultancy, McKinsey & Co. estimated that 6 million people go online for the first time in the country every month, and predicted the Chinese internet population will grow to 750 million in 2015.

The Bedford Report releases regular market updates on the Chinese Internet Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous analyst reports and industry newsletters.

This week, China's fourth most visited site,, posted first-quarter earnings that were 41 percent higher than a year earlier. The company reported net income of $39.3 million, or $1.01 per share, on $174.4 million in revenue for the three months ended March 31. A year earlier, it saw net income of $27.9 million, or 73 cents per share, on $129.5 million in revenue. Sohu forecasts second-quarter revenue between $188 million and $193 million.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at

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