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Chinese social media sites bring blogging to millions of professionals hungry for business connection
 

Chinese social media sites bring blogging to millions of professionals hungry for business connection

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Among the list , RenRen leads the pack and managed to list on the NYSE in 2011 ,with Kaixin ,another social networking site in the queue .It’s not very surprising after the success of major Chinese ...

Among the list , RenRen leads the pack and managed to list on the NYSE in 2011 ,with Kaixin ,another social networking site in the queue .It’s not very surprising after the success of major Chinese tech companies like Baidu and online video site Youku.com whom jump the bull since their IPOs. Looking at the US major player like Facebook, which could be undervalued at $70 billion, RenRen has a huge potential to share a bigpiece of the social networking pie especially with China as it base ground , given that Facebook and several other Western social networking sites are still blocked in the country.

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    Chinese social media sites bring blogging to millions of professionals hungry for business connection Chinese social media sites bring blogging to millions of professionals hungry for business connection Document Transcript

    • Chinese Social Media Sites bring Blogging toMillions of Professionals Hungry for BusinessConnectionWith Major Social networking sites like douban, Ushi ,renren, Shuqian.qq sprouting up fast in China ,we can just wonder why its popularity has rake up so high simply because China itself has thebiggest internet user of over 450 Million with so many young savvy professionals hungry forinternet connections for both social and business purposeLike in every country the commercial world requires professional to keep being connected is seen ascrucial, as many of these social media,which operates similar to professional business site likeLinkedin , facebook , Xing ,Ecademy expects explosive Growth over the next few years in the world’slargest internet Market. Among the list , RenRen leads the pack and managed to list on the NYSE in 2011 ,with Kaixin,another social networking site in the queue .It’s not very surprising after the success of majorChinese tech companies like Baidu and online video site Youku.com whom jump the bull sincetheir IPOs. Looking at the US major player like Facebook, which could be undervalued at $70billion, RenRen has a huge potential to share a bigpiece of the social networking pieespecially with China as it base ground , given that Facebook and several other Western socialnetworking sites are still blocked in the country.These Social media sites is aiming to ultimately serve a very large portion of China’s white collarof entrepreneurs who blog and statistic shows ,many young Chinese savvies take up writing ashobby , and blogs well with wide range of interest covering from poetry , music , photo sharing ,business etc .
    • With such potential growth being fuelled by the 450 Million user, China’s internet industry hasbrought forth , major investor and Venture capitalists and funds manager to flock to Chineseinternet firms, with IPOs in the United States of companies such as Youku and Dangdangsurging as they market themselves as the YouTube an Amazon of ChinaThe next coming potential could be a social business site ,similar to Linkedin ,a social site typical targeting to entrepreneur and white collarprofessional “Ushi ” whose usersbase has recently doubled to 300,000 from160,000 in recent months . Its niche market target toprofessional networking , has a small presence in China and is One ofthe conceptual social media site which is foreseen to outgrow the social sites due to its focuson business related conceptSimilar to Linkedln ,Ushi’s website [www .ushi.cn] has features that allow users to addconnectionsand send messages but it is currently in a by-invitation Only stage . Its present users includemostly Chief executives and top management guruwho seems to lead an interest groupof potential new yuppies entrepreneur to participate to the sites , withintention to develop better connection or “ Guanxi” with prominent COO and CEO at the helm.“Ushi ” do not mind being called the Linkedln clone from China , but it assures that its serviceswill work better for Chinese people because it is made in China, made by Chinese, made forChinese and that’s signify a huge difference to the US based site. - http://www.aidubooks.com_bloggingbymillion-chinese - http://www.amazon.com/Blogging-Million-Earn-Millions-ebook/dp/B004CYF7N0 - http://itunes.apple.com/us/book/blogging-by-million-earn-by/id442500151?mt=11