Sina’s Q2 Profit More Than Doubles

Sina Corp., which runs the popular Chinese web site, Sina.com, said that Q2 earnings more than doubled, topping estimates as non-ad revenues helped drive sales up 89 percent.

It earned $18 million, compared to a profit of $7.1 million in the year-ago period. Quarterly sales grew 89 percent to $49.2 million as non-advertising revenue, which account for 68 percent of total sales, more than double.

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