CNinsure moves to e-commerce as H1 costs rise by 32%
Chinese intermediary CNinsure Inc is changing its long-term strategy to include a focus on e-commerce after its half year results saw costs grow by 32.1%.
For Q2 total net revenues were Renminbi 409.9m ($64.5m), an increase of 2.3% from the corresponding period in 2011, while operating income was RMB17.8m, a decrease of 82.8% from the corresponding
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