After 15 Years of development, Chinese internet is now the biggest market with over 420millions users and has massive potential as the internet penetration is still around 32%. The recent news of Chinese companies such as Dangdang, Youku being listed in NASDAQ and companies like Tudou together with many others (i herad that there were […]
Is Another Chinese Tech Bubble In the Making??
Dang Dang and Youku are finally listed. Both performed very well in their IPO debut in Nasdaq. Share of Dang Dang, one of the largest online bookstore, jumped 87 percent to close at US$29.91 on Dec 8. Youku, the leading online video site, surged 161 percent to US$33.44 yesterday. Its surge was second only to […]
Google China, Innovation Or Localization?
Yesterday, Google released Nexus S and Android 2.3 and the Chrome OS is also released today. Innovation, is definitely the DNA of Google which is the key reason people love it. In Beijing, Google China also held a so-called Google Innovation Forum talking about and demoing some latest technology Google has been working on, such […]
Mobile: App or HTML5, In Talk With Marc van der Chris
Recently, I was talking to Marc van der Chris about mobile app. Marc is CEO of Spil Game Asia. He started the flash game company in Shanghai in 2006, when Spil Game (a Dutch company) wanted to expand to Asia. By now, Spil Game Asia has grown into a population flash game platform with 20 […]
Baidu Strategically Invested TG.com.cn, Leading E-Commerce Site Focus on Home-Decoration
Early today, Baidu confirms its strategic investment in TG.com.cn, the leading e-commerce service with focus on home-decoration. TG.com.cn, first launched in March 2005 with the Chinese name, Shanghai Group Purchase. It focus on local home-decoration product group purchase and now expanded to 27 major cities in China. TG.com.cn has over 3millions active member and 700K […]
Chinese Central Bank Announce Details for Third Party Payment Licence
The Chinese central bank, People’s Bank of China, has just announced details for third party payment licences. (Here is an article about it in Chinese http://finance.people.com.cn/GB/13392479.html ) This is expected to be the last step before the government finally issue third party payment licences to companies such as Alipay, Yeepay, 99bills, etc., although they have […]
Mecox Lane sue by investors
Mecox Lane, the first publicly listed online retailer in China, was sued by investors after reporting a disappointing third quarter report. The company was listed on October 26 in Nasdaq. At its debut, its share raised as much as 68%, as investor grab a piece of the online garment and appeal retailers. Everyone believe it […]
Meizu M9, Looks As Good As iPhone 4, Out Before Christmas
China Unicom said it had over 1million iPhone contract users. But compared with nearly 700millions mobile phone users, that figure sounds nothing. iPhone 4 is hot, but for the majority of Chinese users, it’s expensive. If you find in tier-1 cities such as Beijing, Shanghai where iPhone 4 seems everywhere, don’t be fooled, in tier-2, […]
Blizzard’s Troubles in China
Blizzard Entertainment, the maker of World of Warcraft, ran into a series of unfortunate things in China in the last few years. It decided to change its Chinese operator from The9 to Netease 2 years ago. Although it had the support of the Ministry of Culture, it got another government authority, GAPP, mad. GAPP banned […]
Among the Global top 15 internet companies, three are Chinese.
Recently, a friend passed me the presentation Mary Meeker made at the Web 2.0 Summit at San Francisco last month. As usual, the internet queen of Morgan Stanley pointed out several trends that are shaping the industry landscape right now. Such as globility, mobile, Steve Job, etc. For those who are interested, here is her presentation: http://www.morganstanley.com/institutional/techresearch/pdfs/tenquestions_web2.pdf For […]