Cloud storage is super useful now! Gone are the days where you have to lug around a portable storage device such as USB stick or a larger sized hard drive just to transfer files from one computer to another. A start-up based in Shanghai, called Yun.io, is looking to be a comprehensive cloud storage service for China, or a Dropbox of China.
Just last night, my girlfriend knew she had to work on some homework so she Dropbox-ed something to her account so she could work on it at my place and exclaimed “I love Dropbox!” Dropbox was a Y-Combinator start-up last valued at US$4 billion! The problem or opportunity for China is that Dropbox is blocked here.
The sector is not new in China and there are already a few major players vying for consumer love in this hot space. Just today, we reported Baidu is setting up a mobile cloud computing division. Shanda also has a cloud storage and file transfer service called Shand Note. I’ve also written about another type of quick file transfer start-up called min.us from New York.
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