An Overview of Web Innovations in China

Slide 1: An Overview of Web Innovations in China Tangos Chan China Web 2.0 Review China Growth Capital

Slide 2: People Regard It A Copy2China Internet Xiaonei Zhanzuo Fanfou Taotao Jiwai.de Wealink Linkist Youku Ku6 56.com Diglog Digbuzz Qzone 25% people think there are only copycats in China’s Internet (CWR reader survey)

Slide 3: But… Innovation arbitrage, in fact, is a global phenomenon

Slide 4: Then the Question becomes… • Why so few web innovations in China? – Most startups only seek shortcuts to success • Lack of entrepreneurship • Limited revenue sources to support startups – Market doesn’t reward innovation enough • Big companies take “me too” strategy to follow • Few open API, esp. from big companies, for mashup • Copycats’ proven models easily attract eyes of Capital

Slide 5: Few Local Innovations in…

Slide 6: A Case of Innovation for China’s Market

Slide 7: And More Innovations In… • BBS/Online forum • IM related service • P2P streaming/ Internet TV • Mobile • Online gaming • Virtual goods • …

Slide 8: BBS/Online Forum Baidu Post: innovative way to gather people with similar interests together

Slide 9: IM Related Services IM bot: Social networking and information delivery on IM platform, rather than on web.

Slide 10: P2P Streaming/Internet TV PPstream: Enable people to watch movie online by taking p2p technology

Slide 11: Mobile Services mInfo: Natural language mobile search through SMS and WAP

Slide 12: And More Companies to Watch

Slide 13: But again…Where are we?

Slide 14: Thanks Q&A Blog: http://www.cwrblog.net Email: TangosChan@gmail.com