Thanks to Akio Tanaka of Infinity Ventures Partner, I was invited to join the panel at his Infinity Ventures Summit (Fall, 2011). The topic of this panel is pretty interesting, Everything You Wanted to Know About China Internet, But were Afraid to Ask. Other very experienced panelists include: Fritz Demopoulos the founder of Queen’s Road […]
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Rumor: Baidu Invests In Group Buying Vertical 36tuan.com
Baidu, the largest Chinese search engine is rumored to have invested in group buying vertical 36tuan.com, right after another similar service Miqi.cn announced its $1.5m Series A round of funding from DT Capital Partners Apart from 36tuan and Miqi, Jumei.com which is competing in the same forefront has also raised US$ tens of millions from […]
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Tencent, Baidu and Alibaba Compete in Investing
In May, Tencent invested RMB 84.4 million (US$ 13.1m) in online travel service eLong and RMB 445 million (US$ 69.1m) in film production Huayi Brothers. As for June, Baidu invested RMB 306 million (US$ 47.6m) in another travel services aggregator Qunar. And in July, Alibaba Group led the US$ 50 million funding for group buying […]
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Café, A Sign for Chinese Internet Prosperity
Café, a Sign for Internet Prosperity It sounds weired to say so, but still, rather than just serving people with nice coffee, sometimes café also could serve as a sign for the prosperity of one industry. Back in 2009, Chinese internet business experienced tremendous growth with a series of hallmark events including Shanda Games went […]
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Garage Café: An Open Office Space for Chinese Startups
It’s All About Office Space Rather Than Coffee I constantly heard both expats and Chinese complaining about how café in China including Starbucks and so on overcharge their coffee in China. In a country which is traditionally a stronghold of various tea including green, black, jasmine, oolong, Pu-erh and where people initially started drinking tea […]
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Baidu Launches Mobile Box Computing Effort to Seize New Opportunity
Outside of the Box In response to the rise of vertical information seeking (such as Qunar and Ctrip for travel info, Dianping, Koubei for restaurant and local business search, Ganji, 58 for classified info lookup) and open platform initiatives by quite some prominent internet companies including Renren, Sina Weibo and Tencent etc, Baidu officially launched […]
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Ctrip: Incubator for Chinese Hotel Initiatives
Ctrip, the Chinese travel booking site, went public on Dec 9, 2003. Eight year later, to many people’s surprise, the largest travel service of its kind in China now enjoys a market capitalization of over 5.907 billion US dollars, only second to Baidu, ranking even before long-standing portals like Sina, NetEase and Sohu and online […]
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CHINICT Tech Conference in Beijing, May 26-27 2011
In its 7th year running, CHINICT aims to reveal China’s strength as a global tech entrepreneurship and innovation powerhouse called ‘Chinization’. The impressive speaker list includes some of China and the world’s top tech professionals, for example: From China Kaifu Lee, CEO of Innovation Works Haoyu Shen, SVP of Baidu Fritz Demopoulos, Founder of Qunar […]
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Interview with the Co-Founder of Zhaopin, Steven Chiu
I’ve met quite a few founders who are in start-up mode but not too many that have come out the other end of a successful one. That’s why I took the opportunity to talk to Steven about his story of creating and building a start-up. Zhaopin.com is one of China’s largest online job recruitment companies. […]
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The Chinese Internet Companies Most Likely to Be Listed in Oversea Stock Market in 2011
Following Qihoo which is the first Chinese Internet company listed in New York Stock Exchange in 2011, more Chinese Internet companies are expected to go IPO this year. Let’s have a quick overview of these companies.