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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Chinese Netizen Commented on Facebook Mark Zuckerberg's Visit Baidu
Spotted by a Baidu staff who then posted the pictures on Sina’s weibo, Facebook CEO, Mark Zuckerberg has started its holiday in China together with his girl-friend. 30min ago, Kaiser Kuo, the international relationship director of Baidu also confirmed Mark’s meeting with Robin Li, CEO of Baidu, the dominator of Chinese search market. Although Mark […]
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Rumour: Shanda is going to list another of its divisions next year
A friend recently told me, Shanda, one of the leading online game company in China, is going to spin off another of its division and get it listed next year. But, the person is not sure, which division is it. Shanda listed its online game division, Shanda Game, in September 2009. My guess is: the […]
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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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56.com Has Breakeven for Two Quarters, IPO Within Two Years
Stimulated by Youku and Tudou’s IPO-dream coming true, Ms. Zhang Juan, founder of 56.com, the Guangzhou-based third largest video-sharing site in China finally said to the media, the company is planning to be listed within next 2 years. And Ms. Zhang also said that the company has breakeven in past two quarters. Launched in April […]
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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 […]
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Tencent Is Opening As Promised, Further Thoughts on Chinese Style Openness
The mysterious Tencent, has released its probably the first open API today, API for Tencent’s microblogging platform. So that’s cool as Pony Ma has kept his promise: Tencent would be open within six month, at least he has taken the first step. If you know well about how Twitter grows so fast, you must understand […]
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Price War: 360buy Vs. Dangdang
Two of the largest online retailers in China are having a price war. One of them is Dangdang, a leading online book store in China that has just listed in Nasdaq. Another is 360buy, the largest online retailer in China by revenue and the most aggressive player in the industry. (Here is an article from […]