I had the pleasure of being part of a panel on the business aspects of the Internet industry in China on Friday during the Wilber K. Woo Greater China Business Conference at UCLA Anderson. I was a last minute sub for Sage Brennan of Enovate, and shared the panel with Bobby Chao of DFJ Dragonfund (seed investors in Baidu) and Eddie Chen, CEO of THQ*ICE (a gaming joint venture between THQ and Shanghai’s ICE) moderated by Richard Colback. It was a fun conversation in a lecture hall setting, and was mainly attended by Anderson students and a few China enthusiasts from around Los Angeles.
One of the more interesting parts of the discussion was the question of whether Mainland Chinese MBA students (of which there were a good many in the room) would – and should – go back to China once they get their US degrees to be Internet entrepreneurs. Continue reading “Internet Opportunities Knocking Across the Pacific for New MBAs?”
China Mobile announced their third quarter results yesterday, as well as one little, small tidbit of a milestone – they just passed half a billion subscribers. However, even with 508 million users and plans to have 3G networks set up in 238 cities by the end of the year, China Mobile is still facing stiff competition from both China Telecom and China Unicom, the later gearing up to launch the iPhone 3G & 3GS in Q4 (which should be a boom for content providers such as QQ). Bloomberg has more info and analysis on the results. Continue reading “China Mobile – Half a Billion Users and Counting”
China’s GAPP (General Administration of Press and Publication) announced yesterday that foreign investment in China’s online gaming industry won’t be allowed (I presume from this point on and not retroactive). In this case, foreign investment includes foreign entrepreneurs, as the edict from the GAPP also denies foreigners from setting up wholly owned enterprises (WOEs) and/or joint ventures. Continue reading “China’s GAPP to foreign investors: You Don’t Have Game”
Just finished watching CCTV.com’s coverage of China’s 60th Anniversary Parade in Beijing on Chang’An Jie in Beijing. I was tweeting along with a number of other people in China (including @imagethief @granitestudio @davesgonechina @goldkorn @beijingboyce @kaiserkuo @christinelu @chjis and a certain Eric A.) – let’s say in not the most sombre of ways (i.e. lots of it was hilarious). Everything from the pink skirt wearing “fembot” female soldiers to the prepensity for rainbows to how much hairspray must have been used, to yes, tanks and such was…discussed. Continue reading “China’s 60th Anniversary Parade Twitter Coverage Goes Ballistic”
CCTV just announced that it will live broadcast Thursday’s parade in Beijing in six languages, as well as live stream all of the pop and circumstance starting at 8am Beijing time on CCTV.com. My experience with CCTV.com has generally been a good one, with often high quality streams (I’ve listed the HD stream below as well – so stand by your monitor, wave a little red flag and you’ll feel like you’re right there!), so if you’re not planning on catching the parade on TV, the stream should be reliable enough. Although the English streams/URLs are listed on the CCTV site I’ve linked to above, I’ve added them below just in case that page disappears before Thursday.
Live Coverage of the PRC’s 60th Anniversary Parade
Live HD Coverage of the PRC’s 60th Anniversary Parade