THE RESULTS: Sina Corp., a popular Chinese Web portal operator, had a loss of $336 million in the latest quarter.
BEHIND THE NUMBERS: The chief reason was writedowns on investments in two online businesses ? China Real Estate Information Corp. and online clothing retailer Mecox Lane Ltd.
GOOD NEWS: Advertising revenue rose 25 percent to $101 million. Sina’s popular microblog, Weibo.com, saw unspecified growth in users.