Duokan, the digital book company Xiaomi announced to acquire last year, now is a one-year-old. Although starting as an alternative Kindle system for Chinese reading, now it looks pretty confident as an e-book platform and seems not afraid of Amazon Kindle’s entering China. At its first anniversary, Duokan executives disclosed some metrics, The app, available on Android, iOS and […]
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Lei Jun Expects Duokan to Build A iTunes Copy for Xiaomi
Xiaomi reportedly confirmed the acquisition of Duokan, a startup with offerings related to e-book and online video. To many it’s not a surprise. It is a member of Lei Jun gang as many would tell you. Lei, Xiaomi’s very CEO and an angel investor, joined in a round of funding in Duokan earlier this year and the company’s Android app is […]
Xiaomi Battles for The Future of Instant Messenger, Established IM Labs and Acquired MSNLite
17 millions vs. 100millions, obviously in terms of registered users, Xiaomi’s mobile messenger MiLiao (Mitalk) has failed in competing with Tencent’s Weixin. But it does not means Xiaomi will give up. LEI Jun, CEO of Xiaomi recently said on his weibo, Xiaomi has reached 17 millions registered users and 1 million concurrent users online. I believe this […]
VC event Next Week in Shanghai – Silicon Dragon
For entrepreneurs looking for funding their startups this year, they might found the climate is much less forgiving than last year. I remember last summer almost anything can get a decent valuation. But this year, the VCs are much more cautious. What are on the VCs’ minds these days? To find out, interested parties might […]
Xiaomi Miliao Releases LBS Chat Feature, Secret Love Edition
DoNews reported that, following the updates of Tencent’s Weixin mobile app; Xiaomi Miliao has also released a new version of it’s free instant messaging client Miliao with LBS capability to help locate nearby friends. You can also tag someone with a ‘like’ label to star them. If a user also ‘like’s’ you back, Miliao will […]
Weishi, Tencent’s Video Messaging App, the Cross-Platform FaceTime
Kik+Talkbox applications are hot in China. We said that one of the reasons people love to copy this idea is to beat Tencent (potentially). Leijun’s Miliao sounds promising, so Tencent fights back with its own Weixin. But, the fact is that you can not never under-estimate Tencent’s ability. Yesterday, Tencent announced Weishi, a Video messaging […]
Why XiaoMi Raised $35millions, Because Lei Jun Also Wants a Real Phone
Xiaomi is an iPhone/Android development company invested by Lei Jun, the board chairman of UCWeb, the leading Chinese mobile browser; ex-executive director of Kingsoft; co-founder of Joyo.com which is sold to Amazon at 2004. We used to report that, Xiaomi has raised another round of $35million from Morningside Venture and Qiming Venture partner. The valuation […]
Lei Jun Vs. Kaifu Lee, Angel Investor Vs. Innovation Works
Lei Jun, is the board chairman of UCWeb, the leading Chinese mobile browser; ex-executive director of Kingsoft; co-founder of Joyo.com which is sold to Amazon at 2004. Kaifu Lee, was working for Apple, SGI, Microsoft as vice president and Google China as CEO, one of the most influential figures in China and even in the […]