payment

International payments services are flocking to China

More than a few international payments services recently said China had become one of their biggest markets, as an increasing number of Chinese Internet/mobile companies are actively expanding overseas.

A Tesla factory

3 reasons why 2015 will not be the year of Tesla in China

According to yesterday’s Q3 2014 Investor letter, the Tesla store in Shenzhen, China remains one of the young automaker’s most popular and highest-grossing locations worldwide. On top of that, the Chinese government, which is interested in combatting smog with electric vehicles, has been supportive of Tesla’s expansion into the Middle Kingdom.

Beijing at night.

Why China will leapfrog the world in Internet of Things

The U.S. led the world in the PC revolution. Europe was where cell phones took off. So where will the wellspring of innovation and customer adoption take place for the Internet of Things?

internet cafe

The evolution of Chinese Internet cafes

As personal computer ownership in China has grown dramatically in the past decade or so, a majority of Chinese Internet users don’t have to visit Internet cafes for services like chatting and shopping anymore. Today, most people in a Chinese Internet cafe are playing games, for the specs of their computers home are not so good for gaming or playing games ignores their families.

money

Social network Snowball Finance raises $40M from Renren and others

Snowball Finance (Xueqiu in Chinese), the Chinese finance-focused social media site, announced that the company has raised $40 million in Series C funding led by Renren Inc. and joined by existing investor MorningSide Ventures. The company raised a Series A funding of US$10 million last year, and $3.2 million in 2011.

Beijing at night.

Why Tmall is the smartest route into China’s ecommerce market

Moving into the Chinese market is an enticing prospect, especially given China’s insatiable craving for western goods. But a number of substantial barriers exist, and I’m not just talking about the language and culture.