24 Jul '11, 11am

China Digest – 24 Jul

Here you can find some interesting startup news from China, not only in its capital, Beijing, but also other startup hubs such as Shanghai, Hong Kong, Hangzhou, and many more. (1) The longstanding narrative is that China’s netizens log on to the Internet more for entertainment (games, celebrities, jokes) while the West do so more for information (search, e-commerce, news). A new study by HP Labs on ‘topics that trend’ finds that this old image holds true in aggregate for Sina Weibo vs. Twitter too . (2) With the launch of Game Center and Weibi , Sina Weibo is now testing 4 monetization models out of the 6 that Sina CEO Charles Chao announced earlier this year at the China International Mobile Conference. (3) A decade each of online retail later, the outcomes couldn’t be more different: newegg.com became the second largest online-only retailer in the US, while their counter...

Full article: http://sgentrepreneurs.com/news-stop/2011/07/24/china-dig...

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South Korea Digest – 21 Jul cc: @OnSuccess1

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