Rich: China has had a history of not being that open as a society and as a government. Any issues related to the Chinese government when it comes to the mobile industry itself? Do they not only regulate it, but also get involved in monitoring or blocking calls, or any of that kind of stuff? [...]
According to GigaOm’s Om Malik, angel investors are thinking twice about funding pure-play startups – single-platform focused companies whose profits often bypass investors and developers and go home with platform owners. When hot startups enter the market, entrepreneurs go crazy trying to discover new ways to capitalize on their success. Think Twitter. Think Facebook. Malik [...]
Run a farm. Join a Mafia family. Become a vampire, play poker, or open a restaurant. Seems like you can do just about anything you want in the vast universe of social gaming. Social gaming, those simulated games populating social networking sites such as Facebook and MySpace, are everywhere, and their popularity is growing every [...]
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?
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 [...]
Social networking hits Hong Kong. Well actually, social networking has been a by-product of the information age in a number of countries. Hong Kong and the mainland are no exception. Back in March, CityIN, a social network in Hong Kong went public. The site’s purpose is to match people based on common interests. This has [...]
Yup, Hong Kong billionaire Li Ka-Shing has invested another $40 million in Facebook, one of the hottest social networking sites in the world, after his initial $60 million investment last November, according to MarketWatch. By the way, the $60 million was for a 0.4% stake. A total of $100 million for a stake of less [...]
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