Taobao is superb, not just because it’s the leading e-commerce site from the market point of view, more importantly, it is changing Chinese life fundamentally. I think we have to admit this. We are going for Taobao to buy cheap, sometime even counterfeit stuff; then when Taobao Mall launched, consumers feel more comfortable as the […]
Posted inNews
Tencent Bought 30% Share of 17u.cn, Enters Online Travel Service Market
According to the latest report on Chinese Travel-related E-commerce from EnTravel Group, in 2010, the market has reached rmb 39billions (in 2009, it’s rmb 27.5billions). It’s expected that by end of 2012, it will reach rmb68billions. That’s a market should not be ignored. We have several big players in China, Ctrip, Qunar etc for which […]
Posted inNews
Why XiaoMi Raised $35millions, Because Lei Jun Also Wants a Real Phone
Xiaomi is an iPhone/Android development company invested by Lei Jun, the board chairman of UCWeb, the leading Chinese mobile browser; ex-executive director of Kingsoft; co-founder of Joyo.com which is sold to Amazon at 2004. We used to report that, Xiaomi has raised another round of $35million from Morningside Venture and Qiming Venture partner. The valuation […]
Posted inNews
Fat Face Social Media Marketing
Let’s face it – social networking in our generation and future ones will only get bigger. The dominant world social network – Facebook boasts the largest active user base of more than 500 million users and has often been said, if it was a country it would have the 3rd largest population in the world […]
Posted inNews
Skype Founder, Niklas Zennström – coming trends and China market
What are the coming trends that will shape tomorrow’s world ?? Skype co-Founder, Niklas Zennström, thought internet companies scale much faster today than in the past. “Skype’s hyper growth was from 2004 to 2007. At that time, I believed we scaled much faster than the ones before us, such as Yahoo and AOL. But, today, […]
Posted inNews
Rumor, Foursquare to Acquire Jiepang to Enter China
So two hottest sites, Groupon and Foursquare b0th are seeking the way to enter Chinese market at the beginning of 2011. We’ve confirmed Groupon’s move into China two days ago, and today we got the rumor that Foursquare is coming as well. Spotted by a reader, on Quora an anonymous user commented on the question, […]
Posted inNews
MySpace China Has Laid Off 2/3 Of Its Staff
Be honest, I almost forgot about MySpace China. Last time I wrote about it is September 5, 2008 when I said Independence fails. MySpace is not doing well in global market which is what we already know, but unfortunately MySpace China seems the first oversea branch is suffering this: 2/3 of MySpace China staff has […]
Posted inNews
ChinaMode Awards Ceremony 2010 at 24th January, Meeting Chinese Startups
If you have some spare time to attend all sorts of Chinese internet conference, you might realize already how boring most of the events are. Sad to say that, but it’s the fact. Most speakers, even some high profile guys are just there to talk about how good their companies are, repeat again and again […]
Posted inNews
Skype Founder, Niklas Zennström – words for young entrepreneurs
A question that worry many young entrepreneurs is whether the large and more established internet companies, such as Facebook, Google, etc., will take their ideas and compete with them in the same businesses. Skype co-founder, Niklas Zennström, thought, young entrepreneurs need not afraid of competing with big established company. “Large size has its disadvantage. These companies cannot focus on […]
Posted inNews
Groupon Starts Recruiting Management Team for China
Just got an email from an insider, it says Groupon is hiring for Groupon China, all major cities so if you know of any very smart people you think would be of value to us, please do let me know. So finally Groupon is stepping into China. We used to report that Groupon’s in touch […]