CHINICT Tech Conference in Beijing, May 26-27 2011

In its 7th year running, CHINICT aims to reveal China’s strength as a global tech entrepreneurship and innovation powerhouse called ‘Chinization’. The impressive speaker list includes some of China and the world’s top tech professionals, for example: From China Kaifu Lee, CEO of Innovation Works Haoyu Shen, SVP of Baidu Fritz Demopoulos, Founder of Qunar Victor Koo, CEO of Youku…

Interview with the Co-Founder of Zhaopin, Steven Chiu

I’ve met quite a few founders who are in start-up mode but not too many that have come out the other end of a successful one. That’s why I took the opportunity to talk to Steven about his story of creating and building a start-up. Zhaopin.com is one of China’s largest online job recruitment companies. It is now 56.1% owned by Australia’s largest online job site, Seek.com which I’ve used…

Rumor, Jack Ma Wants to Buy Ctrip

Ctrip, the leading online travel service provider, was listed on NASDAQ in 2003; Alibaba Group, led by Jack Ma and owner of Alibaba.com, Taobao.com, Alipay and China Yahoo! now has about 22,000 employees across 60 cities and regions (wikipedia). According to this report, in a trip to U.S days ago, Jack Ma was meeting with Ctrip and seeking for a 'very close' partnership. The discussion includes…

Tencent Bought 30% Share of 17u.cn, Enters Online Travel Service Market

According to the latest report on Chinese Travel-related E-commerce from EnTravel Group, in 2010, the market has reached rmb 39billions (in 2009, it's rmb 27.5billions). It's expected that by end of 2012, it will reach rmb68billions. That's a market should not be ignored. We have several big players in China, Ctrip, Qunar etc for which online travel is their main business, and at this moment…

The Evolution of Dragon's Web: Copy-to-China, Reformation, Innovation and More

According to the latest report from CNNIC, we surely see a huge potential on web and mobile market in China. A Massive Market might be the most common description for the Dragon's web. : 316million Internet users, ~2.9million Chinese web sites; But, the Internet penetration has reached only around 25%; 107million bloggers by end of 2008; 670million mobile subscribers; and ~117million users…