BlogChina "China's leading blog portal, plans to list on Nasdaq by the second half of next year and hopes to achieve a market capitalisation of more than $1 billion....The company was started with $500 million in seed capital from Softbank Asia Infrastructure Fund and will receive a second round of funding of $10 million this month from a group of six VC firms based in China and the U.S.
The company expects to break even by the end of this year."

Wow, that's some big blog muhlah.