Nasdaq-listed Sina.com plans to spend US$100 million on expanding services, according to a company executive. 'We are focusing on creating a brand name for the global Chinese community by offering valuable services and products,' said Daniel Mao, chief operating officer of the mainland's largest Chinese-language portal. Sina.com plans to introduce more theme clubs as well as additional e-mail and chat services. It already operates clubs devoted to children, sports and personal finance. The company is also negotiating with Internet service providers to develop wireless and broadband access applications. Analysts expect revenue to surge to US$15 million in the year to June 30, from US$2.8 million last year. However, they also predict Sina.com's net loss to widen to US$42 million this year from US$38.96 million last year. Mr Mao refused to forecast when Sina.com would become profitable, but he cited analysts' predictions the company would stop bleeding red ink in 2004. 'For an Internet company like Yahoo!, the investment phase is three years to four years,' Mr Mao said. He said Yahoo! broke even in 1998 after being in business for four years and became profitable last year. 'Analysts tend to be more conservative, and we always surprise people,' he said. Last year, Sina.com invested US$30 million, and fourth-quarter revenue last year jumped sixfold from the first period to US$2.1 billion. However, the company's net loss widened to US$11.4 million in the final quarter of last year from US$4.8 million in the first three months. Sina.com, which raised US$60 million through its April 13 Nasdaq listing, wants to list on the Growth Enterprise Market.