Sun Taoran is a respected serial entrepreneur and a bestselling author on building startups. He started his first business back from publishing a weekly IT magazine and then shifted to the second company Bluefocus, also the first listed PR company in China. Later on he began to make mobile phones branded Hi-Tech Wealth (also named as the mobile PC), which was quite a hit at the early 00s.. He started up a total of seven companies in different fields and the most recent one is Lakala.

Now founder and chairman of Lakala, one of the biggest third-party payments services in China, Mr. Sun revealed to local media about how he came up with the idea of building such a company and his thoughts on third-party payments sector in China.

“Since Chinese telecom industry opened up in 1996, (2-2.5G) service providers grew rapidly for a decade. As the financial industry now goes toward a much opener and freer environment, I’m sure the service providers in finance will be the next golden opportunity embracing huge potential,” said Sun.

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Charlie Sheng

动点科技驻湾区记者. Charlie is an entrepreneur based in San Francisco and Hong Kong who calls herself the undefeated caffeine champion. You can reach her at charlie.sheng (at) technode.com