This document provides an overview of web innovations in China and discusses reasons for the perceived lack of innovation. It notes that 25% of people think China's internet only has copycats, but innovation arbitrage is global. Two main reasons are given for few web innovations in China: most startups seek shortcuts instead of being entrepreneurial, and the market does not sufficiently reward innovation. However, some local innovations are highlighted in areas like BBS forums, IM services, streaming TV, mobile services, and online gaming. Examples like Baidu Post, IM bots, PPStream and mInfo are described. The document concludes by asking where innovations currently stand and thanks the reader.

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

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)

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

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

5. Few Local Innovations in…

6. A Case of Innovation for China’s Market

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

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

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

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

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

12. And More Companies to Watch

13. But again…Where are we?

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