Economic Power shifts to the East
The world is shifting. While economic uncertainty deepens amid a continued European debt crisis and a potential one in the USA, it’s the Eastern Hemisphere, and especially China, that we have to look for tomorrow’s top urban players in the global economy, says a report from McKinsey Quarterly: More than 20 of the world’s top [...]
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The Breathtaking Valuation of Chinese Internet Companies
China has the world‘s largest and fastest-growing Internet population and the reach of the major online portals is comparable to their international equivalents. There is considerable unexploited potential in the Chinese digital market. But the recent boom of IPOs of Chinese Internet companies and their mixed performances made The Economist worry about a growing market [...]
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Microsoft: Countdown for outdated browser IE6
Advertising against the own product? Yes, that is possible as Microsoft demonstrates with its newly launched website intended to draw people away from using the outdated IE version 6. The name of the campaign: The Internet Explorer 6 Countdown. An interactive world map shows the current usage distribution of the decade-old browser. 12% of Internet [...]
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Online Games in China
Chinese research center iResearch reports a dramatic increase of 47% in China’s online gaming market. Market volume has grown from CNY 6.16 billion (EUR 0.7 billion) in 2009 to CNY 9.05 billion (EUR 1 billion) by end of 2010. The online gaming market growth parallels with the exploding online penetration rate that has already reached [...]
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NY Stock Exchange: China’s Online Video Giants go Public
2010 was another year of growth for the Chinese online video market. According to research center iResearch, the market size has more than doubled from CNY 450 million (EUR 50 million) in January 2010 to CNY 1,020 million (EUR 113 million) in December. 68.7% of revenue comes from advertising. Another milestone in global market development [...]
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Group Buying in China
How to push your eCommerce activities with One-Deal-A-Day Group buying is a web-based business model that is based on a very simple idea: A company offers a single type of product/coupon for sale each day for a period of 24 hours, from half-off supermarket voucher to buy-one-get-two spa treatment. Each deals requires a certain amount [...]
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Online Population in China to reach 812 million in 2014
Should you still be looking for a final proof that Internet in China is booming and that China is an exploding consumer market, then please take one minute of your time and let the following figures sink in: Four years ago 137 million Chinese were online. In 2010 it is more than 420 million. Even [...]
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E-commerce in China set for rapid and powerful growth
According to Alibaba group statistics e-commerce in China has grown rapidly this year. 34 million Chinese shopped online for the first time in the first half of the year, which also increases the total number of online shoppers to 142 million (according to the China Internet Network Information Center). That means one in ten Chinese people shop [...]
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The “Big Four” – Social Networks in China
Have you ever tried Facebook in China? If you can do it, please do let me know. Facebook.com is actually blocked by government censors. No single social network will conquer the China market in the immediate future, least of all a foreign one. However, there are few Social Networking sites in China and there is [...]
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Mobile Communications Standards in China
Mobile communication is widespread and can be used to connect efficiently with consumers. However, the 3G standard and thus broadband mobile communications usage have still not established themselves in China. China is the „digital leader“ 360 million Chinese use the Internet, while over 700 million possess a mobile phone. This makes China the country with [...]
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