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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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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 […]