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 […]
Search results
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
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 […]
Posted inNews
TOTALCHINESE.CO.UK BETA2 Live!
TOTALCHINESE has released its BETA 2 yesterday, a forward step towards its integration of Personal and Commercial Business Search Engine. Now it is much closer to a E-ecommerce portal (the Paypal online payment will be integrated with TOTALCHINESE soon!). User Experience: Search and browse for the UK-wide Chinese Business including chinese restaurant, takeaway, education service, business consultant, etc An […]
Posted inNews
Chinese BBS – The Undiscovered Phenomenon in Chinese Internet
[Ed: This post is edited by Josh and co-published on ReadWriteWeb.com. Here is the original post.] According to latest report from China Internet Network Information Center (CNNIC), by end of 2007, there are over 200 million Internet users (including 163 million broadband users) in China. 2008 must be a very busy year for Chinese Internet, […]
Posted inNews
HiPiHi Announced Strategic Partnership With IBM
HiPiHi, China’s pioneer of the 3D virtual world, and IBM (NYSE: IBM), just announced a strategic partnership to collaboratively promote innovation in the 3D virtual world industry－another major collaboration since HiPiHi joined forces in 2007 with Intel (China) and Vidal Sassoon. According to the press release, the partnership between HiPiHi and IBM will be involved […]
