Ben Zhang, Aaron Li The Internet Culture and Industry in China.
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Transcript of Ben Zhang, Aaron Li The Internet Culture and Industry in China.
Ben Zhang, Aaron Li
The Internet Culture and Industry in China
450 Million Internet users in China now
33.9% of total population
Growing at 20% a year
The Big Numbers
The Trend
300 million mobile Internet users
66% of all Internet users*iPhones and iPads are hugely popular in
China unlike Apple desktops
Mobile Internet Users
Internet Usage Difference
Internet Cafe
$5 Billion Online Gaming Industry
Growing at 30% a year
50:50 split between Chinese games and foreign games
Gaming addiction of children is concern for parents
The Gaming Industry
Fake newsBrowser Market Share
OS Market Share
Internet Stardom
Internet Stardom
Internet Stardom
Internet Stardom
Piracy
Chinese Income
$100 $200
Relative to average income,
Windows cost about 4 times more in China than in the US
VS
An Example
• 6 million graduates
People
People
• People - abundant supply of raw talent, good universities provide strong technical training.
• Language - English and communication skills are swiftly catching up. English curriculum from 5th grade.
• Infrastructure - more robust than India (roads, water, electricity, bandwidth, office space…)
• Cost – up to 5x cheaper than US, 2x than India with tax incentives for “clean industries”. Salary level of an engineer in 2nd tier cities are around $400 a month.
• Law – new laws protect private ownership, IP & public/private or foreign/domestic partnerships
Source: http://www.randomwire.com/wp-content/uploads/China101.pdf
Outsourcing to China
Behind the Great Firewall of China
Guess Who’s Who
Google - Baidu
Youtube-Youku
What’s Different
Groupon - Tons of Sites in China
No one copying Linkedin
SN$ in China
Follower:9,293,520 Follower: 7,371,395
Chen YaoLady Gaga
Following: 850Following: 143,824
Tweets: 664 Tweets: 3352
Joined Twitter on 2008-03-26 17:37:48
Joined SINA Weibo on 2009-9-1 15:34:00
Revenue: 1 billion
Active User: 500 million
Revenue: 40+50=90 million
Active User: 250 million
Q&ABen Zhang twitter: @benzhangproLinkedin.com/in/benzhang Aaron Li [email protected] Linkedin.com/in/aaronliboston
