Mobile will replace the computer in China. “To give you an order of magnitude, Chinese people exchange about 70 billion short messages – in a single month,” says Bruno Bensaid. Based on the number of subscribers alone, China is definitely the number one mobile market in the world. The Chinese people “are actually much earlier [...]
Whether you visit news sites or flip open the newspaper, you’ll see that Chinese entrepreneurs and the state of economy in China are garnering some serious ink. To learn more about China’s angel investing scene and general investing practices, Venture Hype got in touch with Shanghai-based investor Bruno Bensaid. Bensaid is the founder of MobileMonday [...]
Yesterday, globally recognized legal expert John J. Maalouf shared his views on current investment practices in the Chinese market. Today, we tap into Maalouf’s insights on early-stage investing in China. * Edited interview VH: John, given the economic downturn, have you seen a shift in the advice or services people look for? JM: We’ve seen [...]
According to Asian Venture Capital Journal (AVCJ), industry experts predict that online social networks will prosper during the current depressed economic cycle as people look for less costly ways to amuse themselves. In China, for instance, teenagers can play online games in Internet cafes all day for only RMB 10, or about US$1.50.
But does this flurry of activity translate into a good investment opportunity for you?
Through last year, millions of people sat in plush, brightly lit rooms till wee hours of the morning, trying their luck. That was in Macau, the world’s new gambling capital. Yes, the once-sleepy Portuguese colony attracted 27 million visitors in 2007. Macau has already surpassed Las Vegas in terms of gaming revenues. With the number [...]
It’s hard times here in the USA, and the recession (which the government has not admitted actually exists yet) is starting to creep into the rest of the world. But the Asian miracle is still going strong, and Macau is still the crown jewel in Asia’s economic engine. But when you’re on top, everybody wants [...]
Don’t we all simply love to read about rapid economic growth and industrialization? However, how many times do we actually think about the environmental consequences of this progress? China’s rapid industrial development and solid pace of economic growth have seriously damaging implications for the environment. According to the World Bank, 2 of the world’s 10 [...]
Splendid…impressive…fabulous. The Cotai Strip offers the most enthralling and unforgettable experiences. Nothing can get your heart pounding and pulse racing as some of Macau’s grand casinos. The former Portuguese colony is expected to record double-digit growth in gaming revenues this year, exceeding US$10 billion, according to Lau Pun Lap, member of the Legislative Assembly of [...]
What is the buzz word in China these days? It is technology. China has made a momentous transition to a more “connected” society and is an exploding market for digital media, wireless broadband and telecommunications technologies. These arenas are offering unprecedented opportunities for small and big entrepreneurs alike. I mean, look at the statistics… they’re [...]
Facebook’s popularity has grown… and how! Millions of people the world over have uploaded their photographs and albums on this free-access website and exchange messages on this platform every day. But the Chinese want things done their way! So, China decided to have its own “Facebook” to share precious moments and memories. A little over [...]
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