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1 Avatar, Multiple 3D Games – ECitySky
[Translate] Games are huge in China. Tencent, the biggest online games company in China just posted Q4 (to December 31) revenue of 2.2bn yuan. When I went to lunch the other day with my Chinese local colleagues I asked them why? They said, “There is no other choice for entertainment in China. TV is not...
Qihoo rose over 100% in its IPO debut
[Translate] Qihoo, China’s leading anti-virus software provider, had a successful IPO in New York Stock Exchange yesterday. Its share prices rose to over US$30 by 2:00 pm on its first day of trading. This is more than double of its offering price of US$14.5. The Beijing-based company, founded in 2005 by former Yahoo China head...
Russia's DST invested US$500 million in 360buy
[Translate] Russia’s investment firm, Digital Sky Technologies (DST), invested US$500 million in 360buy, China’s leading online retailer, said 360buy’s CEO Liu Qiangdong. 360buy is raising over US$1 billion in its series C of funding. Liu said 360buy will be going public in 2013 or later, in either U.S. or Hong Kong. DST was found by...
China Mobile to Release Its Own Mobile Browser
[Translate] It’s not clear if China Mobile’s OPhone project is doing well or not, but obviously China Mobile continues seeking the way of strengthening its mobile Internet market position. Its target market is the mobile browser, and news says China Mobile’s Android-based mobile browser is in beta test, named Surfing.
Tencent's Cloud Operating System Might be Coming
[Translate] I am reading a rumor which is saying Tencent has built the strategic partnership with Asus and the new EeePad will be using Tencent’s operating system. There is no comment from both parties so far, but I spent some time on Tencent’s latest development on mobile and web space, and the finding is quite...
Global Mobile Game Awards at GMIC2011 – Submit Your Mobile Game!
[Translate] The GMIC G-Startup Competition is coming up in April in Beijing and they announced a mobile game developer competition. Here are the details. The International Golden Game Awards 2011 will be held at GMIC 2011, Co-organized by D.CN and Great Wall Club (GWC). The Awards are open to mobile game developers all over the world....
Hong Kong Startups Need Investors
[Translate] I wrote a piece a while ago talking about the start-up environment in Taiwan. So when I went to Hong Kong recently, I naturally wanted to find out more about the scene there. I know Gang has already talked about the HK scene but I want to focus on generating what they need –...
The Segmented Chinese Online Social Media
[Translate] It is difficult to access Chinese online social media. We know the market is massive, but unfortunately, it’s highly segmented. In western web, when you talk about social networks, always it’s either Facebook or Linkedin; when talk about microblogging, it’s Twitter; For Group buying, it’s clearly Groupon; even for LBS which is relatively new...
Yes! We Need a SXSW in China!
[Translate] I was giving a speech today at Mobile Monday Beijing talking about my experience in SXSW 2011. Although it’s just a 25min talk and I only touch a small portion of my learning (startups like NextBigSound, Hipmunk etc, new technology trends such as Augmented Reality, Location-based coupon etc), the audience got extremely excited about...
Western Web Companies and their Chinese Equivalents: Part 1 (infographic)
[Translate] This is Part 1 of a series that explores the companies of the Chinese web. Within China, the world’s largest internet population, lies an internet ecosystem similar to that in the West. At times, the Chinese web can be very foreign, indeed; access to websites and services Westerners take for granted are restricted for Mainland...
Chinese Angels Going Overseas
[Translate] When you are a rich Chinese person with so much money and tired of buying another super-jet, what should you do? For many wealthy Chinese people, they are looking to invest in start-up companies to help them succeed and grow. Some Chinese Angels from Shanghai have even flapped their wings and flown over to...
iWeekend Beijing, Entrepreneur’s are AliveNotDead
[Translate] iWeekend is an organization that aims to spur entrepreneurs into action by bringing together tech entrepreneurs and professionals to select an idea, develop a product and launch a tech-based start-up in just one weekend. In the run up to its 2011 Beijing 15-17 April iWeekend, the team hosted a Q&A session with two seasoned...
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