Shanghai-ed was created by Graham in mid-1996, based on an earlier Shanghai website included in his first earnshaw homepage (see earnshaw.com previous versions section). It was financed in the initial stages by J. Walter Thompson with the vast sum of US$1,000 per month for full sponsorship rights, and given the fact thast costs were minimal, you can say that Shanghai-ed was the only China website ever to not lose money. Included below are some of the versions of Shanghai-ed that appeared before it was honorably retired in favor of ChinaNow.com in late 1999.