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News on the Internet & Tech Industry in China

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Dollars and censors

Should IPO investors be nervous about government’s internet crackdown?
May 13, 2011 (WiC 106)

The world’s first internet bubble began to inflate in August 1995 with the listing of the web browser, Netscape. Jim Clark – the company’s major shareholder – later confided to author Michael Lewis that Netscape’s hugely successful IPO ...

Think Facebook, China-style

IPO glitches don’t stop Renren pulling off hugely successful fundraising
May 6, 2011 (WiC 105)

In their dealings with venture capital firms, the owners of some of the internet’s most popular social networking sites have often adopted a cavalier attitude. Mark Zuckerberg set the tone. Visiting Sequoia Capital, the Facebook hotshot ...

Selling via word of weibo

Companies discover online microblogs are effective marketing tool
Apr 8, 2011 (WiC 102)

"Low fat cake is now on sale for Rmb18 (original Rmb25), come now and get a free ice cream!” Simple promotional messages on weibo (China’s equivalent of Twitter) like this have helped CCsweets, a small shop in Beijing, drum up ...

‘Bad boy’ Baidu?

Why dominant search engine’s under attack
Mar 25, 2011 (WiC 100)

Heavyweights expect to take the occasional punch. But Baidu, China’s leading search engine, has been through a triple whammy of controversy in recent weeks. In early March: a report from the Office of the US Trade Representative singling it ...

For sale: China’s Facebook

Renren to IPO; but debate rages on whether there’s a Chinese internet bubble
Mar 11, 2011 (WiC 98)

Facebook may not be for sale but one of its Chinese equivalents, Renren, is now available to bidders. Though it won’t be coming close to Facebook’s stratospheric $50 billion valuation, Renren plan to be the first social-networking site to go ...

Launch problems

Groupon in gaffe as it enters China market
Mar 4, 2011 (WiC 97)

If you were about to launch a business in China, would you air a TV ad that makes a jibe about Tibet? In all likelihood, probably not. But Groupon, the US-based company that helps group buyers get discounts, decided that it would give it a go, ...

ViewPad 7 launches in China
Feb 25, 2011 (WiC 96)

Is it a threat to the iPad? That’s the question being asked by the Chinese media after the much-touted release of the ViewPad 7 by an American firm called Viewsonic. The Shanghai Daily says the new product enjoys some big advantages over ...

Welcome lessons from Alibaba’s fraud debacle
Feb 25, 2011 (WiC 96)

"If I lose mine honour, I lose myself.” So goes a line from Shakespeare’s Antony and Cleopatra in which the Roman protagonist must be making one of literature’s earliest recorded comments on the precariousness of brand ...

The biggest shop in China

Facebook’s big, but Taobao could be the world’s biggest unlisted dotcom
Feb 4, 2011 (WiC 94)

For most unmarried folk in China, last year’s Singles Day wasn’t the most romantic of days. Since the emergence of shopping site Taobao, Singles Day (held annually on November 11 in observation of its four solitary digits: 11.11) has taken on ...

First IBM, now NEC

Lenovo reboots strategy with Japan deal
Feb 4, 2011 (WiC 94)

Ronald Reagan once quipped of his administration: “Our right hand doesn’t know what our far right hand is doing.” The former president was poking fun at periods of confusion in his White House. But it’s also a strangely apt description of ...

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