Friday, August 25, 2006

Bokee Bank

This is worth blogging just for the name. Several people have picked up on this news but we think that China Web 2.0 Review was the first. So, we'll link to their piece about the Chinese blog consolidator Bokee's announcement that it is starting a revenue sharing plan to be called Bokee Bank.

Following in the footsteps of Alibaba.coms's Alipay solution, it will be interesting to see how far the Chinese web sector can go in developing alternatives to China's stuffy, bureaucratic and barely solvent official banks.

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