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Tag: China

Baidu Buys App Store 91 Wireless for $1.9 Billion

Baidu, China’s top search engine, is in the process of making one of the largest ever Internet takeovers in the country’s history, with a $1.9 billion purchase of 91 Wireless, an Internet app Store, from NetDragon, Reuters reported.

Apps in China are very popular because of slow Internet download speeds, and the number of active mobile users continues to rise. Apps are even more popular than mobile versions of websites. more…

New Baidu Mobile Browser Takes Aim at Google, Apple

Chinese search giant Baidu has launched a mobile web browser to cash in on Chinese smartphone users.

Baidu, the dominant search engine in China, has launched the Baidu Mobile Browser, which will go up against Apple’s Safari and Google’s Chrome. The Baidu Mobile Browser is more…

Facebook looks at China

facebook(Reuters) – Facebook CEO Mark Zuckerberg is planning to make his second visit to China as the world’s No. 1 social networking company looks for the best way to expand into that country.

“Our company mission is really clear, which is we want to connect the whole world,” said Facebook Chief Operating Officer Sheryl Sandberg at the Reuters more…

12 emerging market startups to watch

startupEmerging market startups are coming into their own and increasingly appearing on the radar of mainstream venture capitalists in established markets. Skype recently announced its interest in investing in Chinese startups. The VoIP service is not the only player seeking a slice of the emerging markets pie – the list of startups grows everyday. more…

Telstra to float then sell SouFun

Telstra will float its booming Chinese real estate classifieds business, SouFun, but will then sell down its stake.

It made the surprise announcement last night, giving scant detail except to say the process of preparing the business for an initial public offering was under way.

A Telstra spokesman said the company could not comment further, as it was uncertain where SouFun would be listed. more…

SinoTech Moves Into Classifieds Business

BEIJING, CHINA — SinoTech Group announced today that it would launch a sophisticated Online Classifies Platform in China. In addition, SinoTech Group also entered into a strategic partnership with City Media, the largest classified advertising agency for newspapers in China. more…

Big Growth Ahead For Chinese Online Ad Spending

While China boasts the world’s largest Internet population, having overtaken the United States in early 2008,  it still has a lot of ground to make up in online ad spending. According to a study conducted by MAGNA, ZenithOptimedia and Bernstein Research, Internet ad spending in China will reach $1.7 billion in 2009 and grow to almost $3.5 billion by 2012. more…

New Sales Tools For Websites In China

Mathew McDougall, group CEO of Beijing-based digital marketing firm SinoTech is mulling some interesting new revenue streams his company can plug into in 2009.

Merger with the Chinese digital business of Swiss sales house Publicitas, announced mid-February, has given SinoTech some pieces of technology that are well suited to publishers’ needs, he feels. These include a customer-relationship management (CRM) system to help formalize client relationships based on personal networks or guanxi, a common framework for conducting business in China, as well as a tool that converts print content into digitally-friendly formats.

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