Even the most careful startups can drain their funding on marketing in a tough ecosystem like China. But according to local incubator Chinaccelerator, using WeChat the right way can be the key to slashing costs. “We focus on Wechat as a platform for low-cost customer acquisition,” says William Bao Bean, the managing director of Chinaccelerator and partner at SOSV (Previously […]
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What’s Wrong With Chinese Job Search Sites?
It’s expected that in 2011 there will be 7.58million graduates looking for job in China. Job search sites are the key channel for young generation for job-hunting. Finding a good job is that easy, unfortunately those popular Chinese job search service could really drive you mad too. ChinaHR, Zhaopin, 51job, they are huge and you […]
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LinkedIn Founder, Reid Hoffman Looking for a Bigger Slice of China – Can He Really Succeed?
A professional social network like LinkedIn is clearly valuable. Its market cap is an impressive US$9 Billion and last traded at US$92. Yesterday, news broke out that LinkedIn Founder, Reid Hoffman met with major internet companies in China to discuss plans to enter China in a more measured way. More specifically Hoffman met with search […]
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Ushi – the making Chinese Linkedin
Recently, I talked to Dominic Penaloza, CEO of Ushi, whom my partner, Technode’s Lu Gang, interviewed in February. Within three months, Ushi has progressed quite a lot. It doubled its number of members, to 200,000. These includes 12,000 CEO and 5,000 CTO. 75% of VC active in China are also in Ushi’s network. (Entrepreneurs looking for funding probably […]
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Wealink, 4 Years Experience on Chinese Professional Social Networks, A Slow Business
If we talk about the Linkedin business in China, we should not forget about Wealink, one of the earliest adopter and used to be the No.1 professional social network in China. Launched at June 2007, Wealink has been working on this field for 4 years. Wealink should not be considered as a successful business, but […]
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CEO of Wealink Resigned, Professional Social Network in China Still Uncertain?
We wrote a lot about Chinese professional social networks recently. It seems that the local market is really boosted by the IPO of Linkedin. Especially for those new comers such as Dajie, UShi, Hengzhi which are either raising more money or claiming millions of users. Every player feels very positive about the market, except one […]
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Tianji CEO Says It Is the Best Professional Social Network in China – Interview Part II
In the last part of our interview with Derek Ling, CEO of Tianji, he said professional SNS grows slowly in China because the Linkedin model does not fit China’s environment. In Linkedin, people frequently get requests like ‘I need this and this,” or “I need to hire such and such”. However, in China, it will be […]
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How to Run the Professional Social Network in China, Interview with Co-founders of UShi.cn
We’ve been trying Professional Social Network in China for a couple of times. The copycats or Linkedin-likers failed: Linkist is dead; Wealink is running still but the team has shrinked to <10 people; Tianji used to claim 3millions users and now partners with a French professional social network Viadeo, which I don’t know what is […]
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How 5 Professional Social Networks in China Compare
We’ve now covered all the main professional social networks in China. This space in China is gaining a lot of attention due to Linkedin’s recent IPO and valuation of US$4.25bn. Here are some of the challenges we’ve learnt about building professional SNSs: Finding users As Sherman just posted, China only opened up to economic reform […]
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RenRen's Professional Social Network Launched, At The Same Day When Linkedin Reaches 100Millions Users
I am not a big fan of social networks in general, but Linkedin is probably the most visited one for me, because it’s professional. That’s why I really hope there is one for Chinese. UShi is probably the most active one right now, but I think they still get lots to do. So maybe we […]
