Archive for November, 2009
China Poised to Claim Half of Global Online Game Market Next Year, Report Says
WSJ - China Real Time Report
Games are serious business in China. The country’s online game market will reach 41 billion yuan by 2010 ($6 billion), accounting for half the global market, according to newly released data from Cnzz.com Inc., a Beijing-based third-party data analysis firm (related report in Chinese here).
The Cnzz.com report states that almost [...]
World’s Largest Internet Population in Asia-Pacific – China Leads the Way
The Asia-Pacific Internet population, particularly in China, continues to grow at a rapid pace. comScore recently held a webinar on Internet population growth in the region.
Here are a few key highlights:
· China has the world’s largest Internet population with 220.8 million users
· China is also the world’s fastest growing Internet market (31% growth year-on-year)
· The [...]
Xunbao: Searching for Treasure in Taipei – Mobile Photo Hunt Urban Gaming
The advertisements start chasing me from the second I step into my apartment elevator in the morning. Posters along each wall surround me coercing me to use their medicine to cure my cold or drink their soy milk to make my skin whiter. On the subway ride to work flat panel screens flash advertisements for [...]
China’s Tencent Publishes Financial Report For Q3 2009
ChinaTechNews:
Chinese online game and instant messaging company Tencent has published its unaudited financial report for the third quarter of 2009.
According to the report, Tencent’s revenue during the third quarter was CNY3.369 billion, a year-on-year increase of 66.4% and an increase of 17% over the previous quarter; and its net profit was CNY1.42 billion, a year-on-year [...]
Reverse Innovation: Made in China - For China
A few years back I remember hearing about Sara Bongiorni’s book entitled “A Year Without “Made in China”: One Family’s True Life Adventure in the Global Economy.” As the title implies, Bongiorni convinced her family to spend a year without purchasing any products with a “Made in China” stamp/label. But in reality it’s no longer [...]
Thank You China Law Blog
Special thank you to the China Law Blog for this recent post: “China Retail/I Heart Qingdao”
I am fascinated with China as a consumer market. It has 1.3 billion people and if one reaches just one percent of the market…..
Joel Backaler over at China Observer blog just came out with a post assessing McKinsey’s newest report on China’s consumer [...]
One Country, Many Markets – McKinsey’s Alternative Method of Analyzing Chinese Consumers
Back when I first started studying Chinese and traveling to China, my friends and colleagues thought I was crazy. While they were impressed that I was able to gain fluency in a language so different from English, but to them it just seemed more logical to study a “practical” language like Spanish or French. Around [...]
