The Second Largest VC Market Zhongguancun, the Silicon Valley of China in Beijing. On the 2nd floor of a plain-looking building, lies a cafe for entrepreneurs named ‘Garage Cafe’. According to its founder, 32 years old Su Di who used to be an investor, the brand name reflects the practice of how innovative initiatives in […]
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Infinity Venture Partners Akio Tanaka Talks About Investment Strategy From Japan to China
I recently had the opportunity to interview Akio Tanaka, Managing Partner and Co-Founder of Infinity Venture Partners from Japan. I asked him about his background, investment philosophy and if there is another internet bubble growing. From Adobe to VC Akio was formerly the CTO of Macromedia Japan. When headquarters in the US he saw how quickly […]
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Tale Of The Falling SNS: 51.com
Chinese SNS 51.com is reportedly seeking to go public amid the IPO heat. 51 is the fourth largest SNS (market share: 10.1%) in China, next to Renren(#1, 25.1%) Kaixin(#2, 19.4%), and Pengyou(#3, 18.1%), a report by Beijing-based market research firm Analysys International shows. “We’re Going Public in 2010” Founded by Pang Dongsheng in 2005, 51.com is […]
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Pinkoi, Taiwan’s Etsy, Sells Local Design to the World
With everything converging towards being social, social-commerce is the new hot thing. Now that Chinese are savvy internet shoppers with cash to serve their lifestyle, social commerce is a great business to be in. Originally incubated in Taiwanese Government organization, III, Pinkoi.com is a social e-commerce platform for designers and artists to sell their unique […]
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China's express delivery service gets overheat
I found out about this personally when I bought some cat food online. Usually, the delivery boy will come the next day after my order. But, this time, the pet shop owner said there was no longer any express delivery. Just to make sure my cats do not starve to dead, he came the […]
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360buy Accused of Unfair Competition by Leyou – 2nd Round of Price War Imminent?
360buy, which raised $1.5 bln in latest financing round from diverse funds including Russian venture capital fund Digital Sky Technologies, came under attack by Leyou COO Gong Dingyu for its low-price strategy. Founded in 1999, Leyou is the biggest Chinese franchiser of maternity-baby-children supplies. Gong accused 360buy of using such strategy to squeeze out the competitors, calling […]
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RenRen Go for IPO in NYSE, Raising US$584 Million
Another mega China internet IPO will soon hit the U.S. Leading Chinese social network, Renren, finally filed for IPO in New York Stock Exchange. It plan to raise up to US$584 million. Many of the recent China internet IPO perform very well. This one obviously going to be another hot issue. I interviewed Renren’s CEO Joe Chen […]
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iWeekend Beijing Rocked!
After a lot of talking, stress, fun, games, food and WORK, iWeekend Beijing 2011 has come to a close for another year. iWeekend is an event for entrepreneurs in the tech space to form an idea, attract a team and build a working prototype – a mini start-up all in one weekend! As an idea […]
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Chinese Groupon, Lashou and Meituan both Confirm They Raised Venture Capital
Groupon is pretty funny. I am not going to criticize it here because its business model is very fascinating indeed, but the global group purchase market it triggered has gone far too crazy. Groupon is reported to acquire uBuyiBuy, Beeconomic and Atlaspost to enter Asia, on the other hand, the rumor also says Google is […]
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Chinese Video Sites, Burning To The IPO, With Hope
You may still question about the revenue model of online video and how long they will be burning the money, but the fact is that Ku6 has been listed, and other two leading video sites Tudou and Youku both are preparing for its IPO. (ref: Chinese online video sharing: where is the way out) The […]
