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When Copying Won’t Do

China is good at copying is not news. Many Chinese firms prosper because they successfully emulate foreign firms’ products and business models. In fact, one could argue there are more of these “micro-innovations” around than “original innovations”, and that “micro-innovating” firms are more likely to succeed because they have giants’ shoulders to step on. Hence […]

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Hangzhou to Go Wireless

Hangzhou, the capital city of China’s eastern Zhejiang province, announced this week that it would launch a new Wifi scheme providing FREE wireless Internet access to all citizens in some public hotspots. There’ll be over 2,000 Wi-Fi hotspots covering public spaces like tourist spots, squares, transportation hubs and public sectors available. Citizens only need to search for […]

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Chinese new media is the future, and it will always be

All in all, media companies are doing alright in America. In China, things are different. Traditional media companies all cry wolf, but are still making money hand over fist, while media, the supposed young Turks, are trapped. In America, Traditional media is losing money but surviving. There are certainly bad news: Newsweek is tranforming itself, […]

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Haiyin Incubator, A Focus On SNS Fields

The past two years have been seeing the momentum growth of Sina Weibo, along with a bevy of startups that emerge to ride on the trend. Realizing the potential behind these social-related startups, Xue Manzi, one of China’s most prominent angel investor, and Wang Yuquan, a man with many titles including founding manager of Frost […]

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58.com Pivoting to An E-commerce Infrastructure

Yao Jingbo, CEO of 58.com once revealed that the Chinese classified site would be making some transition and in the future it won’t be a just a classified service. The company’s latest moves signaled that 58.com might turn itself into an ecommerce infrastructure for local merchants. Last week group buying service aggregator Qianpin.com partnered with […]

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Why American Internet companies fail in China

Editor’s Note: The piece originally appears on LinkedIn, we reproduced it here under Kaifu Lee’s authorization. Kaifu is the founder of Chinese incubator Innovation Works , he also served as Google and Microsoft VP. Almost without exception, American Internet companies failed in China.  The chart below shows the failure of American companies in China, and the three big winners: Alibaba, Baidu, […]

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HAXLR8R Calling upon Gadget Hackers

Over the course of past few years, when talking about startups, spotlight was always on web service or mobile service. It seems that people are fine with leaving stuff like hardware innovations with Intel, Lenovo and Taiwan OEMs. HAXLR8R, a venture fund focuses on entrepreneurs building hardware devices is trying to shake up the status […]

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Pony Ma Shares Thoughts On Mobile Internet, Says Weixin Users Hit 200 Million By This Month

In the 2012 China Internet Conference, the penguin kingdom leader Pony Ma shared his opinions on the mobile internet. Here’s some key notes. The Trend Pony Started the speech by quoting some latest data that by the end of June, Chinese mobile internet users have reached 388 million, and the number has passed 400 millions till September. “It […]

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App Search Engine Quixey Raising $24.2M in Series B

Local news broke that Quixey just secured US$ 24.2 million in the second round from Atlantic Bridge Capital, SK Telecom, TransLink with participation of previous investors including US Venture Partners, WIHarper and Innovation Endeavors. One potential tiresomeness coming along with the mobile app proliferation, is that with so many choices it’s very hard to find […]

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Suning Shopping RedBaby and Masa Maso for Expansion?

We just heard spreading rumors claiming that Suning is looking to acquire RedBaby and Masa Maso, two vertical B2C services with focus on maternity-children items and men’s apparel respectively. Chinese B2C service Suning ranked No.3 among its peers by market share, according to a latest report, though its share of 2.35% trailing behind Tmall’s 37.38% […]