Entrepreneurs looking for funding this year, might find a more difficult time getting a decent valuation. Venture capitalists (VCs) are much more cautious. Startups wanting to find out more about the current VC climat might like to join the event organized by Silicon Dragon next week (september 13). They have invited a range of top VCs in Shanghai, including Steamboat …
Zhongguancun: Silicon Valley in Beijing?
China’s internet population is the largest in the world. On top of that the country is experiencing rapid economic growth. Those two aspects together with an abundance of highly skilled IT-graduates create opportunities for online entrepreneurship. Especially in the Zhongguancun area in Beijing many examples can be found of successful IT companies and startups. Having a good network, understanding the …
China to be biggest global e-commerce market by 2015
China is already home to the world’s largest online population but its e-commerce market is currently worth ‘only’ US$74 billion – less than half that of the US at $177 billion. But the Chinese e-commerce market is growing rapidly and with such a large online population, it may leap-frog over the penetration rate of standard retail stores. This is potentially …
Overview Of China Social Media Equivalents
“Ogilvy China updated its infographic showing China’s social media equivalents – or copycats, as Western media loves to call them. Of course many of these started out as copycats, but most evolved into much more than the original Western website, either by adding additional functionalities or by localization of functions.”, wrote Marc van der Chijs (Dutch entrepreneur in Shanghai) on …
Making sense of the buzz on Chinese social media
NOST (TWA netwerk) paid a visit today to CIC in Shanghai. CIC is one of China’s leading social business intelligence providers. They are active in this market since 2004. In their own words, they are ‘making sense of the buzz’. China has many different social media platforms, with a huge amount of users. To get a feeling of the size …
Baidu says bye bye to its microblog
China’s search engine giant Baidu is shutting down its microblogging service ‘Baidu ShuoBa’ t.baidu.com by 22 of August. The service which was launched last year, and was competing with microblogging services like Sina’s Weibo, Tencent’s Weibo and many more. Tencent claims 200m users and Sina 140m for their microblogs.