Tag Archives: China

How to Succeed at E-Commerce in China

If you’d like to dip a toe in the pool of Chinese e-commerce space, the waters are warm and inviting, but online shoppers there have a different mindset than they do here. According to a report released by the e-commerce and digital marketing firm Acquity Group, China’s middle class will swell to about 800 million people in the next 20 years, online consumers there have a total spending income of more than $2.7 trillion, and Internet and mobile penetration rates are growing, reaching 34% in January 2011 with about 457 million users. READ MORE »

Waze Raises $30 Million for Crowdsourced App

Crowdsourced driving app Waze just got a big boost of confidence on both the financing and user fronts. The company has raised $30 million in growth funding and its user base has now hit the seven-million mark. Waze, a free app, provides turn-by-turn directions and enables users to crowd-source traffic information. The company had raised $25 million in funding last December. READ MORE »

Twitter to Add Support for Five Asian Languages

Yes, Twitter has been banned in mainland China since 2009, but “let a thousand microblogs bloom” the company says. Twitter has announced that it will be adding Hindi, Malay, Filipino, and traditional and simplified Chinese to its platform. READ MORE »

Chinese Tech Incubator Raises $180 Million

Innovation Works, a Chinese start-up incubator, announced today that it has raised $180 million from a list of American investors that includes Sequoia Capital, executives from Google and Facebook, and Silicon Valley Bank. READ MORE »

Samsung and Nokia Follow Apple to Release Cheaper Smartphones

Nokia and Samsung rolled out cheaper smartphone models — just after sources said Apple is planning to release a more cost-effective version of the iPhone 4. READ MORE »

Is China the New Silicon Valley?

Although major U.S. companies such as Google and Yahoo might have failed in China, for entrepreneurs, China is the new Silicon Valley says TD Daily’s Lara Farrar. A host of international start-ups, including American ones, are finding the climate conducive to their needs: cheap labor, fast developers, and the ability to stretch seed funding farther than in the U.S. READ MORE »

Zynga Slapped With Patent Lawsuit

Agincourt Gaming, a Plano, Texas-based company and relative newcomer to the social gaming sector, has sued Zynga, the world’s largest social gaming company for patent infringement. Agincourt seeks compensation for damages and requests a permanent injunction against the company, which could shut down Zynga’s games on Facebook, including FarmVille, Mafia Wars, and Empires & Allies. READ MORE »

Security Experts Discover Largest Wave of Cyber Attacks

McAfee, an Internet security company, uncovered the largest series of cyber attacks to date, which infiltrated networks of 72 governments, companies and organizations around the world, including the United Nations. READ MORE »

Not a Knock-Off Apple Product, But a Whole Store

Apple has long had to deal with unscrupulous counterfeiters creating and hawking fake iPods and iPhones–any fashion house would say it’s the price for having the sexiest products–but now the company is faced with deception on a much larger scale, with whole retail locations set up to look like authentic Apple stores (with varying degrees of success) popping up around the globe. Ironically, these stores are often selling authentic Apple products–likely the result of profitable and illegal resale efforts. READ MORE »

China Eliminated 1.3 Million Websites in 2010

Worldwide, the number of websites grew by 21.4 million to a total of 255 million, according to Royal Pingdom. But China is bucking the trend. The country lost 1.3 million websites in 2010, reducing its total website count by 41 percent, according to the Chinese Academy of Social Sciences. READ MORE »

Tag Archives: China

How to Succeed at E-Commerce in China

Chinese Tech Incubator Raises $180 Million

Samsung and Nokia Follow Apple to Release Cheaper Smartphones

Is China the New Silicon Valley?

Security Experts Discover Largest Wave of Cyber Attacks

Not a Knock-Off Apple Product, But a Whole Store

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Tag Archives: China

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