'Copycat' site sued for $1.4m

A popular Chinese networking site is suing for 10 million yuan ($1.4 million) in compensation after a competitor used what it said was a similar name to steal and mislead users.

Kaixin001.com, a social networking site operated by the Beijing-based Kaixinren company, was launched in March last year and has become popular with white-collar workers for its games and other features.

Meanwhile Qianxiang company, which is also based in Beijing, purchased the domain name Kaixin.com in October last year. Its social networking site has also soared in the Alexa rankings, a widely-accepted system based on website traffic.