Leading Chinese social network 51.com raising $50 million round, to launch platform for third-party developers
I’ve just landed in Beijing and I managed to get to a Chinese tech conference called CHINICT in time to hear some interesting local social networking news. 51.com, one of the largest social networks in the country, is closing a $50 million round and plans to launch a platform for third party developers later this summer.
This is notable because 51.com has more than 25 million monthly active users, and more than 100 million total registered users, making it the second largest social network in the country behindQzone. While I hear that other large Chinese social networks are also looking at launching platforms, 51.com appears to be the first one to discuss its plan publicly. Also, it is separately launching the alpha version of a casual gaming platform in August...
I’ve just landed in Beijing and I managed to get to a Chinese tech conference called CHINICT in time to hear some interesting local social networking news. 51.com, one of the largest social networks in the country, is closing a $50 million round and plans to launch a platform for third party developers later this summer.
This is notable because 51.com has more than 25 million monthly active users, and more than 100 million total registered users, making it the second largest social network in the country behindQzone. While I hear that other large Chinese social networks are also looking at launching platforms, 51.com appears to be the first one to discuss its plan publicly. Also, it is separately launching the alpha version of a casual gaming platform in August...
Q&A with Isaac Mao on tech blogging in China: Censorship, and opportunity
Isaac Mao is one of the earliest and most prominent bloggers in China. He’s been covering Chinese technology since 2002. He’s confronted censorship — even writing an open letter beseeching the Google founders to not self-censor search results in China. I met him today in Beijing and got to ask him more questions about his life as a Chinese blogger (while he also blogs in Chinese, you can read his English blog here)...
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China Orders 6 Telecoms to Merge Their Assets
ReplyDeleteThe move would allow fixed-line carriers to expand into wireless services and create three operators that will offer phone and Internet connections to 1.3 billion people.