Archive for December, 2007

Netease Updates Homepage To Promote Home-Made Search Engine, Yodao Launches RSS Reader

CnBeta is reporting that Netease has a new homepage. The change is Yodao becomes the official search engine of the site. We have reported the replacement of the search engine in July, but it’s common to launch multiple times in nowadays.
Over on Yodao’s homepage, it claims to be out of beta. And now it [...]

Two Reports: Outsourcing to China and Black Market on Chinese Web

Today, I came across two reports on China’s software and web sector which I recommend you to download and read.
The first is a white paper by Paul Denlinger on software outsourcing business in China. The white paper, called “Why Indian Software Outsourcing Companies are Outsourcing to China”, studied the challenges faced by Indian software [...]

Fundraising War Among Video Sharing Sites

After Youku.com’s $25 million series B financing, another video sharing sites 56.com also announced its series B financing of $20 million, led by HIKARI Private Equity and SIG, and joined by Adobe System, CID and existing investors Sequoia China and Steamboat Ventures.
According to the video search report recently released by Baidu, based on traffic, [...]

Social Music Service Updates: Yobo.com and 8box.cn

The social music recommendation service MyStrands announced it completed series B financing, which brings its total financing to $55 million. The social music recommendation services in China are not so lucky, but they are trying their best to develop services which can attract Chinese online music users, most of them rely on Baidu mp3 search [...]

Rumor on Facebook’s China Acquisition Again

Facebook and China is the hottest topic in web 2.0 sector since November. At first, There were so many rumors that Facebook would enter China market by acquisition, and it has offered $85 million to acquire Zhanzuo.com. Besides Zhanzuo, other rumored acquisition targets are Fenbei.com and Tianwang(Kaiser said the rumor on Tianwang has some foundation). [...]

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