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Tech investment in China: RMB fund Vs USD fund

Recently, in a VC and PE conference in Shanghai, the participants were saying RMB funds are getting more and more popular and they expected it will become the majority in the future. Without a doubt, there are advantages for RMB funds.  Firstly, it is easier for them to invest in local companies, especially for government […]

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UC Released UC Paradise, an Open Platform For Mobile

UC Mobile, the owner of the most popular browser for mobile UC Browser, has released a new product called UC Paradise aiming to be an open platform for mobile. UC Browser claims over 100million users and 50billion monthly pv and over 400million downloads. The company hopes UC Paradise will be the game-changing product in Chinese […]

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The Top 10 Dream Employers in Chinese Internet Industry

Global Times and Universum yesterday released its “Chinese Dream Employers 2010”. In the Internet & e-commerce Industry category, Google is ranked the No.1 for Chinese in 2010, despite its market share decreased in past several months. Tencent and Baidu took the second and third. Here is the full list for the Top10 Dream Employers for […]

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Sky-Mobi, a Disappointing IPO

Recently, many Chinese tech companies were able to have very successful IPO in the U.S. But Sky-mobi, which listed on Dec 10, was an exception to this rule. First of all, it scaled down its IPO size, from raising US$150 million to US$58 million.  Its share price also dropped significantly after the IPO.  It closed […]

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KuanTu, The Chinese Tumblr

KuanTu, a Beijing-based startup is offering a super easy online service for users to share their text, images, video, links. It is unlike blog because KuanTu only encourages user to easily share one link/image/video/text each time; it looks more like microblogging, but more complicated than it as the content you share there is not just […]