Microsoft is selling a Chinese MSN-Portal
Microsoft is going to sell the Chinese portal MSN-China, which was created by the company 11 years ago. The Wall Street Journal writes that Microsoft has decided to put up the Internet portal for sale, but not to close it as it was previously planned.
The company XiChuang Technology Co is going to buy it. The head of the company is the former CEO of the portal. The sum of the deal is kept a secret.
In 2005 Microsoft and Shanghai Alliance Investment Ltd (Shanghai) established MSN-China as a joint venture. A search engine, a platform for microblogging, an instant messenger and others were in the spectrum of provided web portal services.
Today, Microsoft is planning to withdraw from the scope of the online content and concentrate on the promotion of its software for devices that run on Windows 10.