it companies

One Click Forward, Two Back

Caixin has a pessimistic assessment of China’s Internet industry, which it says is in a “state of chaos”: In the coming three to five years, three trends will determine the direction of innovation on the...

‘China’s Facebook,’ Renren, Files for IPO

China’s largest social networking site, Renren, is the latest Chinese IT company to go public on the U.S. stock market, CNN reports: Renren said in its filing that it is the leading social networking site as measured by...

China’s Fractured Web Part III – Myths and Realities

China Solved’s blog dispels a number of myths about China’s Internet censorship, and explains how censorship is impacting small online businesses, creating a “a dead-zone for any business planning on building...

Movie Star in the Making: China’s Answer to YouTube

From The Guardian: Tudou – China’s answer to YouTube – was started in January 2005 (a month before YouTube) by 35-year-old Gary Wang. Nearly four years later, Tudou has some 12 million users a day and 75...

Chinese Internet Firms Face Harsh Road Ahead

From Economic Observer Online: Funding from venture capital firms has dried up in the wake of the global credit crunch, affecting Chinese internet-based startups, which depended heavily on foreign funding. Fund managers and...

Online Video Firms Under Bankruptcy Risks

From China Daily: Chinese venture-backed online video firms, which were on the edge of making profits, are now under risks of bankruptcy with the spreading US financial crisis, said a report in Monday’s Economic Observer...

Alibaba Is Ready to Acquire Yahoo’s Stake If Offered

From Bloomberg: Alibaba.com Corp., the closely held Chinese Internet company whose biggest shareholder is Yahoo! Inc., is ready for a possible purchase of the U.S. company’s stake in it if the shares are offered. “We...

Wounds of the Revolution – David Brooks

The New York Times’ columnist David Brooks writes about Internet entrepreneur Edward Tian as an example of the generation who came of age during the Cultural Revolution: By the early 1990s, Deng Xiaoping’s reforms were beginning to transform China, the Internet was beginning to transform the world and Tian seized the historical moment. He and […]

Web 2.0 Madness Grips China – Michael Kanellos

A look at the business model of successful local Chinese IT companies, from CNET News: Forget Silicon Valley–if you want to see a place enthralled with Web 2.0, come to China. A rising middle class, cheap start-up costs, increasing penetration of PCs and Internet-enabled cell phones, and an ability to tap the local market better […]

Skype’s Chinese censorware – Rconversation

From Rconversation: Some good news and some bad news about Skype censorship in China. Since I last wrote about how Skype has admitted without apology that it allows its Chinese partner, TOM Online, to censor user chats with the joint Chinese-language TOM-Skype client, a lot of people have been downloading and testing the TOM-Skype client […]

Skype ignores users concerned about China censorship – Rconversation Blog

From Rconversation Blog (link): Last week Skype‘s Jaanus Kase posted an interview with Kevin (surname not given) from Skype’s new Chinese partner, Tom Online. It’s a fairly lightweight and content-free interview for the most part (one question: “what’s the weather like in China?”). The conversation makes no mention of the fact that Tom’s chat censorship […]

AOL tests Chinese US site, quiet on China market – Kenneth Li

From Reuters: America Online on Monday said it has launched a public test of a Chinese-language version of its U.S. Web site to court Chinese Americans, offering features that in some ways are more ambitious than its main U.S. site. The new site targets an estimated 2.7 million Chinese Americans and offers full-length features and […]

Bruce Einhorn: U.S. Web Giants Target China

From Business Week: As China’s internet market sizzles — 94 million Chinese now go online, second only to the U.S. — many of its Web companies have rocketed from startup obscurity to stock-market fame. Shanghai gaming innovator Shanda Interactive Entertainment Ltd. (SNDA ) last year raised $100 million in an initial public offering and now […]

China may surrender to Indian IT brigade’s onslaught

From the Economic Times (India): Not satisfied with the unique distinction of outpacing China, IT majors ” from Infosys, Wipro and TCS to MphasiS, Zensar and Cognizant ” are also eyeing a slice of China’s IT piece. Logging into China is also expected to open a window to tougher markets like Japan and Korea. Although […]

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