This is a BLOG from Mark Cochrane of Business Strategies Group in Hong Kong. We've been keeping a close watch on B2B media and business information in Asia since 2000 and look forward to sharing insights with you.
Sunday, December 31, 2006
Edelman, Technorati and Asia
I was interested in Steve's comments about the Asian versions. He says:
Work on the Asian language sites - Korean and Chinese - has ceased. In China there are access issues and Korea data quality is less than desirable because most blog platforms don't ping. That's the nature of the culture.
The objective of the programme was to produce "localized versions of Technorati that can understand what a user inputs in their native language". This was previously not possible, Rubel says, noting that "the one exception here is Technorati Japan."
Getting there
The Haloscan comments feature I have on this blog also wasn't showing up until today. So, thanks for the input from a couple of days ago to which I have now responded.
Friday, December 29, 2006
Day 3 - getting better
Thursday, December 28, 2006
Evil Empire II to the rescue
A friend called me this morning and asked "are you out of business too?".
In the midst of all this, the only reliable connection with the outside world is through Google. Somewhere, a Google mirror is reflecting the rest of the world into Hong Kong which remains otherwise cut off. And its not just the search home page; personal home page, Google Finance, Blogger, gMail, etc. etc. are all up and running, albeit with sluggish response and various components of the homepage which don't load (those originating outside the Google Empire).
Who would have thought?
Update: I see from Fons Tuinstra (via Google Reader - can't get to the original post) that he is having the same experience in Shanghai.
Wednesday, December 27, 2006
Blame the earthquake
Update update: Various services are now reporting widespread disruption of Internet services around Asia by this quake. Forgive my simple-mindedness, but I though the Internet was originally designed to survive a nuclear strike with the capacity for traffic to be quickly re-rerouted if a major link was lost. If that's the case, why is most of Asia's Internet traffic apparently going through a single point in the south of Taiwan? Seems to defeat the point. Not only is Taiwan earthquake-prone, but it is also under constant threat of military attack from mainland China.
Hong Kong cut off
Sunday, December 24, 2006
Whitman eyes m-Commerce in China
The Forbes piece quotes Whitman saying "'We do not anticipate fading from China, we are very committed to the China market and we think the China market is going to be a very big market for m-commerce (mobile commerce) as well as e-commerce".
It also notes that, while the company will be abandonning the eBay brand within China, it "will continue to keep its eBay.com.cn site active, but this would be only for international transactions and that domestic China auctions would be through the new joint venture.
Friday, December 22, 2006
Happy Winter Solstice
There is much scurrying around in offices in Hong Kong this afternoon as today is both the last working day before the holidays and the Winter Solstice which, according to Chinese tradition, is a time for families to gather at the clan temple and enjoy a large banquet. The last part of that at least survives and many offices allow staff home early to assist with the chopping that accompanies large Chinese banquets.Judging by the crowds in the Causeway Bay district, many of the young ladies of Hong Kong are happy to leave that part of things to their traditional aunties and indulge instead in the more modern alternative to chopping - shopping.
Thursday, December 21, 2006
There are 20 million blogs in Beijing
I'm a bit a behind, but just caught this Melbourne Age piece from a couple of weeks ago about the number of blogs in China - touching 20 million. The piece says "While more than 15 per cent update their blogs at least once a week, only 4.6 per cent do it daily". This all comes from a baidu survey which says that "blogs devoted to medicine and education are particularly popular".
Rubbing it in?
According to Tom Group's press release and as predicted "eBay will have a 49% stake in the joint venture, and TOM Online will have a 51% stake". Both companies will make financial contributions to the venture, including, as predicted, a US$40 million cash contribution from eBay with just US$20 million coming from TOM Online. Sounds like a good deal fro TOM.
Needless to say, eBay is not painting this as a withdrawal with Meg Whitman quoted as saying "eBay has helped pioneer e-commerce in China, and by combining our expertise with that of
a strong local partner like TOM Online, we are even better positioned to participate in this
growing market. This agreement is a sign of our continued commitment to delivering the best online buying and selling experiences in China.” Yadda, yadda, yadda....
Wednesday, December 20, 2006
Baidipulation...all's fair in war and the Internet in China
The competitive environment in China is certainly heating up across the media. We have seen several media companies this year using China's messy regulatory environment for print media as a competitive weapon; reporting competitors to the authorities for alleged transgressions of publishing laws. At best, this can result in time-consuming investigations and, at worst, the closure of long-standing businesses.
Update: Meanwhile, China Tech Stories reports that Baidu and Microsoft started promoting joint search services on 14th December.
TomBay update
Update: More on this at the FT which carries the same numbers and a good backgrounder on the story.
Departing for pastures greener
Pete and I, like half of the world's B2B media industry it sometimes seems, share common time together at Miller Freeman in the 1990s. Good luck!
Tuesday, December 19, 2006
TomBay rumours hit the headlines again
Well, they're back. Reuters is reporting "a person familiar with the matter" saying that "EBay will roll its China site into a joint venture run by a Chinese partner in the latest example of a Western media firm ceding control of its China operation in the face of a tough market". Victory, it would seem, for this round at least to Alibaba.com's Taobao.com.
To many i's
The contentsutra posting notes "they have a ’Rural Marketplace‘ classifieds listing, with listings in local languages - in Hindi and Tamil - though the sellers are still using English to describe the products, so that negates the local language advantage to some extent".
I was also intrigued by a linked they offered to a June story about mobile yellow pages. We've written twice recently (including an about-to-be-publishing Insight) for our partners at EPS on mobile content in Asia. I'm convinced that this sector is about to break out from the SMS, MMS and ringtones segments into much more interesting areas of the information industry. 2007 may be the year it happens and India may be the place. Watch this space.
Thumbs up for CMP Asia
It goes on to say "The strong underlying revenue and profit performance of CMP Asia has continued during the second half of the year. The Hong Kong Jewellery & Watch Fair and Cosmoprof, the largest beauty trade event in Asia, held in September and November respectively, both exceeded expectations. CMP Asia continues to expand its activities throughout this high growth region, most recently with the successful co-launch with CMP Information of the Indian CPhI show in December and with the launch of several new shows in Hong Kong and China".
Well guys, I suppose you can take that as a hearty "Merry Christmas" from the boss.
Tuesday, December 12, 2006
The Power of Television
It's almost depressing. You run a good business really well for years and the market takes almost no notice. One TV pundit mentions your name and "boom", you're up 20%. Apparently, CNBC's Jim Cramer told the world that he likes Global Sources. The chart here shows the effect.
Monday, December 11, 2006
IECM kicks off with Bello
Here in Singapore for a couple of days the biennial IECM conference organised by local exhibition industry association SACEOS. They've attracted a good crowd of 170+ with over-seas delegates from 17 countries.The event kicked off with a stirring pitch for the Las Vegas Sands group's integrated resort concept from Vice President of Sales Eric Bello. He was keen to be seen (and heard) reaching out to the existing venues in Singapore, most notably his neighbours-to-be at Suntec City Exhibition and Convention Centre, speaking of events which would use all the venues.
It was interesting as well, to see Jimmy Lau and his colleagues from the new Singapore Airshow (see here for previous posts on this) pitching their new venue to the exhibition industry. It's due to be finished in August next year and they tell me they've already sold out for the new show. They just have to build it now (see picture)!
Hard to hold on to people in China
Time and again, our clients tell us that finding and holding on to really good people is the single biggest challenge to running a good business in China.
Tuesday, December 05, 2006
Baidu looks to Japan
Reuters reports that the market liked this and that Baidu shares were up 2% on the news. Analysts, however, were sceptical, noting that Japan is competitive and that Baidu may find entering the market harder than they think.
Another Cybermedia over-seas acquisition
Cybermedia says the acquisition will provide "access to a strong client base and team of experienced US-based professionals for growing its high potential content outsourcing business". It goes on to note that "according to industry estimates, the global opportunity for publishing outsourcing is estimated at US$ 8.2bn. The Indian market for publishing outsourcing is expected to grow at a CAGR of 38% from US$ 200mn in 2005 to US$ 1.1bn by 2010, driven by availability of trained workforce proficient in English language and publishing, offering high quality at competitive prices".
Bruno Wu pulls out of Singapore business
shareholder in the Group".
Maybe Ricky Ang and his colleagues in Singapore will be able to get on with running a media business now.
Friday, December 01, 2006
Funny Google
As an end of the week bonus, take yourself to Google Moon. Enjoy the flags for the different moon landing sites. Then, zoom in. Zoom in as far as you can go. Crack out the crackers and find yourself more in the mood for the weekend than you were before.
Good blog on China Law
See here for his links on the China Forum: Navigating China's Business Landscape which Bob was involved in organising. He tells me that presentations and audio files are here.
Wednesday, November 29, 2006
Careful with those pharma ads
It was with some interest then that we noticed this Xinhua piece about new restrictions on medical advertising. It notes that "new regulations, which will take effect on January 1, 2007, will eliminate exaggeration of the effects of certain medical treatments by banning the mention of any disease names".
We assume that this will be welcomed by the mainstream international medical media. Their relationships with the major international pharma companies - the fount of all profitability in the medical media business - should allow them to stake out the high ground of medi media more effectively in China with this sort of government backing.
China looks to India
Monday, November 27, 2006
Too close for comfort
If I were a lawyer involved with these businesses, I think I'd be calling in the office pencil-sharpener right about now! [One friend of mine did work for a New York law firm once that actually employed somebody whose job was to sharpen the pencils].
Sunday, November 26, 2006
Join the crowd
Tudou
Rox
6 Rooms
Pomoho
56.com
Yuqoo
OmyTVs
Wangyou
Mofile
Qing Yule
Mop.com
UUme.com
Yijian
Mojiti
Biku
OuOu
5 Show
Mantou TV
MySee
VVLogger.com
Look at the Danwei post for a neat description of each one. But, boy, it looks crowded out there.
Update: Nice post here on China Web 2.0 Review with details of recent upgrades to Tudou which is apparently the original Chinese web-based video sharing service.
Friday, November 24, 2006
Postman Jack
But, round 1 to Alibaba.
Unlike post offices in some developed countries, the China Post actually has quite a good reputation in China for slow but reliable delivery of everything from magazine subscriptions to good, old-fashioned letters. It's current EMS system is pretty efficient but is regarded as too expensive for the low-priced items typically traded on auction sites like Taobao.com.
Thursday, November 23, 2006
Social bookmarking in China
Anyway, it obviously remains flavour of the month and I was interested to see this piece on the China Web 2.0 Review blog about Baidu's plans to launch its own site cang.baidu.com. We wish them well with it.
I was most interested to note this insight in the piece:
There are many social bookmarking sites in China, the most popular so far is 365key.com. The market is crowded, and in a survey among Chinese active bloggers, their favorite social bookmarking service is del.icio.us.
Wednesday, November 22, 2006
Lam calls for HKCEC Phase IV
This call will, no doubt, greeted with some 'interest' by the management team at AsiaWorld-Expo located out at the Hong Kong Airport. It will also be watched closely by Hong Kong's increasingly vociferous environmental hawks who are policing with some ferocity the new policy of no more reclamations in Hong Kong harbour. The nearby bus station must be, one assumes, the site that Lam is still eyeing for Phase IV.
The reception was staged as the final event in Atrium 1 on the footbridge linking the Phase 1 and Phase 2 sections of the HKCEC. That section of the venue will shortly be closed to accommodate the extensions of Halls 1, 2 and 3 which comprise Phase III.
Tuesday, November 21, 2006
Wei doing it himself at Alibaba?
In all the excitement over Yahoo! China and taobao.com's successful run against eBay, the B2B core of Alibaba does appear from the outside to have been treading water over the past 12 months. A senior executive of Wei's stature would presumably be tasked with driving it forward again.
Monday, November 20, 2006
Adwords gets stranger
I complained a few weeks back about some dodgy China dating ads that Google was throwing up on to my site. Well, now they've surpassed themselves with bizarre-ness. Whatever is behind this ad (don't click, it's a screen shot. I'm sure they don't deserve your traffic), I can't even begin to imagine what contextual bouillabaise generated this link.There's nothing odd, of course, about the China Sourcing Fair. But come on; "Next Pope is John Paul II"? Where on earth did that come from?
India’s First Internet Stock Naukri To List Tomorrow [Re-post from ContentSutra]
India’s First Internet Stock Naukri To List Tomorrow: "India’s first pure play internet stock - InfoEdge Ltd - will be listing tomorrow as its founder Sanjeev Bikhchandani rings the opening bell at the Bombay Stock Exchange. The listing price is Rs 320, the higher end of the band (Rs 290-320). The IPO of the owners of portals like Naukri.com, Jeevansathi.com and 99acres.com was oversubscribed 55 times. At the higher end of the band, the company will be raising Rs 174 crore.
The issue would constitute 19.50 per cent of the fully-diluted post issue paid-up capital of the company. The market cap at Rs 320 a share will be about Rs 900 crore. It’s a big day for Sanjeev Bikhchandani, CEO and founder of InfoEdge, who owns 43.23 per cent stake in the company.
ICICI Securities and Citigroup Global Markets India were the lead managers for the issue, while Intime Spectrum Registry was the registrar.
Related:
-Naukri IPO Oversubscribed 55 Times
Firefox users approaching 30%
I posted first on this on October 25 as I was intrigued by what I thought was the relatively high proportion of Firefox users coming to this blog. In less than a month, that 22% has risen to 28%. IE7 users are up 1% to 3% while IE6 users are down from 72% to 65%. Sadly, Apple's Safari seems to have fallen off the user list.
Making it easy to infringe
Anybody reading our post back in July about protecting the interests of web sites which provide links to pirated material, will not be surprised to see the decision regarding baidu.com which has generated some steam in the general media this weekend. According to the BBC, the Chinese court decision provides all search engines with the easiest of get-outs: "the ruling said the service did not constitute an infringement as the music was downloaded from webservers of third parties".The IHT quotes Baidu saying ""If the music companies had won, the whole search engine sector would have ground to a halt". A similar excuse was used by the British in China to defend their opium trade and justify a war 165 years ago.
If you want to get a sense of how easy this all is, go to a page such as this one which lists the sources for the number 1 song in Baidu's current top 100. Click on song name and a little window like the one pictured will pop up to direct you right to the source of the pirated songs.
Sunday, November 19, 2006
Breathless at the Beijing Auto Show
The China Rises blog includes two very excited posts including one which begins:
The annual auto show in China is one of the major automotive exhibits in the world today, up there with Detroit, Frankfurt and Tokyo.
Tim Johnson, the blog's author follows up with a second post which includes some fun pictures (his, so I'll not repost them here) of Maserati, Ferrari, Rolls-Royce and Porsche exhibits at the fair.
Tom Walsh of the Detroit Free Press suggests "With its deafening music, raffle drawings, flying acrobats and dance acts, and Disneyesque costumed donkeys, roosters, penguins and oranges strolling around, plus all the copycat cars and names, the atmosphere is more carnival than world-class business event". He goes, on though, to say "But Auto China 2006 is no more a pretender than its host country, China".
People are paying this event pretty serious attention and a variety of international auto industry B2B media are congregating around it. Crain's Automotive News has been organising a major conference in Beijing and recently launched the latest in the company's series of China e-newsletters (see here for previous posts on what they're up to) in the auto sector.
Saturday, November 18, 2006
Mobile advertising
We're just finishing up a report for our partners at EPS in London on mobile content in Asia. With 400+ million mobile telephone users in China alone, it's a big topic and one of importance to all types of media company.I noted, then, with interest a piece on the Digital World Tokyo site about Google extending its experiment with mobile advertising into China, India and Australia. The piece says that its been doing this in the US, UK, Germany and Japan since August. It talks also of the obvious "click-to-call" options which are so easily activated in this format as shown in the picture here.
Something here about it from Google itself.
Friday, November 17, 2006
Free wi-fi in Singapore
India travel sector busy
Meanwhile, over at eBay India, yet another deal was announced in this segment with Cultuzz Digital Media agreeing to supply travel-related services. These are designed to strengthen eBay India's Travel, Tickets & Vouchers section.
We noted just a couple of weeks ago an item reminding us that up to 75% of Indian e-commerce relates to travel.
Tuesday, November 14, 2006
Biggest VC funding in Chinese blog co
The piece also reports on a Rmb120 million (US$15 million) investment in classified provider Sosoko (is this a CSP?).
Private equity and German trade fairs?
Many other German government activities have gone this way, but Wolfgang suggests that this may be too difficult for trade fairs because of (a) the complex local politics involved and (b) the size of the required investments. On (a) I am in no position to judge, but I imagine that would be pretty hard. On (b), though, even the largest of the Messe would be a chicken feed investment for one of the big private equity funds now prowling the B2B media world. If KKR can offer $51 billion for Vivendi, then surely even Deutsche Messe AG in Hanover, along with Cologne, Frankfurt, Duessledorf and Munich could all be bought in a single deal by one of these funds without too much of a stretch....
Saturday, November 11, 2006
Thoughts from Beijing
Dong Tao pointed out that China's population peaks in 2017 after which the effect of the one-child policy will cause a massive drop-off in new entrants to the workforce. At that point, he suggested, we may need to be looking for other people to knit our socks.
Prof. Werner Delfmann from Cologne deftly picked up the ball passed to him by Dong Tao and dug deeper into the issues of demographics and their likely impact on the development of the global trade fair centres. He asked what kind of impact the "World Cities" and "Gateway Cities" concepts much loved by large consulting firms, will really have on the trade fair industry.
All seemed convinced that strong future growth in Asia was still the order of the day.
The final session, as has become a tradition at this conference, included two lively sessions with two contrasting speakers from outside the industry: if you're young, hip and trendy (I fulfil none of these requirements), you probably know Jones Soda. Peter van Stolk, its idiosyncratic founder told us all to fight our own ground on our own terms (in his case, don't try to take on Coke and Pepsi, because you can't win). He also turned a few stomachs with his Turkey & Gravy soda story. It's true!
Finally, and for me telling a quite remarkable story, was Robert Swan. The man who, 20 years ago, walked both to the South Pole and then to the North Pole. That alone would be extraordinary. But he has then parlayed this experience into a global environmental and youth education programme which is worthy of our support. Although the slogan belongs to somebody else, he basic message was "Just Do It"!
Wednesday, November 08, 2006
Tech Target to India
This will be a much-needed boost for the Express team as they gear up for the next round of battle with listed Cybermedia, IDG's new India operations and local Mumbai rivals Jasubhai and Infomedia. The IT media field has been fiercely competitive over the past decade as local and international brands have jostled for space in a market characterised still by very low prices but with tremendous growth.
Monday, November 06, 2006
Reed Business Information secretly relocates to Australia
There's more on the hotfrog.in deal here at contentsutra.com along with another piece here about Reed/Infomedia's snagging Suresh Ramakrishnan from Jasubhai Digital Media. Let's hope he doesn't start singing Waltzing Matilda at Board meetings by mistake.
Of smog, cheap factory workers and limited growth models
It then goes on to suggest that the existing sourcing sites have "limited growth models of sourcing sites". Try telling that to Merle Hinrichs and Jack Ma.
China Grabber concedes that it presents a limited product range but believes that its secret weapon is online payment. They may not have heard of the Global Sources Direct product which links them into e-Bay for the types of transactions where completion online is desired or desirable - not that many in the current B2B environment it turns out.
Saturday, November 04, 2006
Up in India, down in China
While Hugo Martin reports from Germany relates that "Readership and Ad Revenues are Booming" in India, Dutch writer Fons Tuinstra tells us that "Last year for the first time in two decades, revenue from advertisements did not grow anymore. The realization that print media have a hard time now online ventures tend to be faster, more engaging than the traditional ink on dead trees, is for the first time also hitting China".
The question we have is whether things are developing differently in India or simply with some delay over China and the rest of the world. It could be either. I am not convinced of the future for print media in China. For India, the jury is out.
Economist promiscuous in India?
The next billion
Catching up on news and other blogs, I was intrigued with this piece on the China Stock Blog which quotes Intel chairman Craig Barratt on a trip to China saying "There are about a billion Internet users. The next billion aren't going to be city dwellers." He talked more about how affordable technology needed to be a key focus for opening up these new markets to technology.
In a similar vein, contentsutra.com asks Can India’s Largest Vegetable Market Really Go Online? It touches on some of the cultural issues that have to be addressed even if technical and pricing constraints can be resolved: "a large number of transactions are not billed, and traders would prefer things to remain that way", it says.
Friday, November 03, 2006
Busy week in Hangzhou
Elsewere, Alibaba.com founder Jack Ma is reported to have told a Singapore conference that Yahoo! China will go all Web 2.0-ey and base itself much more on user generated content. We get the sense that early enthusiasm in the wake of the Yahoolibaba deal for Yahoo! as a Google-busting search engine has been dented and that Jack and boys are a seeking a new way forward for their big brand.
This may not be unrelated to their realisation that baidu.com is going to be hard to beat. It has just announced Q3 earnings up 900%. Even that hasn't satisfied some who were reported to be disappointed with Baidu's results. There are even suggestions that the company is now 'in play' although others vigourously discount this rumour.
Tuesday, October 31, 2006
Price of PPP may be too high
Monday, October 30, 2006
Congress world fret over competition
I'm in Rhodes, Greece for the annual convention of ICCA, the convention industry association. They're tickled to have attracted over 800 delegates. Strong delegations here from Korea and Thailand. I'm surprised that nobody from Macau made it given that the Venetian's opening date is now just 12 months away.Leigh Harry of the Melbourne Exhibition & Convention Centre is taking over as the organisation's new President while Pattaya Thailand will host its 2007 Congress, so plenty of Asia/Pacific interest. I'm talking on the region on Wednesday afternoon.
In an interesting session this afternoon led by a Dutch magician (those wacky Congress guys!), the delegates voted on the issues of most concern to them. Top of the list for all parts of the world were the proliferation of facilities and competition. There was me thinking that was just Asia.
Last nights opening reception was hosted in the Palace of the Grand Master (all very Da Vinci Code), pictured here.
Saturday, October 28, 2006
What Jack is not going to do
So, this report of Yahoolibaba Jack Ma's speech in Shanghai last week caught my eye. It seems as though Jack did his usual job of charming the crowd. I was particularly interested to note the following:
- He will never enter the online gaming business because he thinks it's bad for kids;
- His vision for Alibaba is to help create a million jobs for Chinese people;
- He decided to buy Yahoo because he thinks that search will become critical to the future development of online commerce websites such as Alibaba, Taobao and eBay;
- During the Q&A, an audience member asked him what he felt about online dating sites; he said that Alibaba could possibly enter that business because it fulfilled a real need and could make people happy.
For Chinese readers, it also points to Jack's own blog.
Update: the same conference, with flattering references to Jack, is also blogged by Shaun Rein here.
Entrepreneurs Song List
I particularly like this 'playlist' of songs for entrepreneurs. I shall enjoy trying to come up with 10 of my own. How about Bob Marley's "Get Up, Stand Up" for starters or Mable John "Ain't Giving it Up".
India online travel
Three-fourth Of Indiatimes’ E-commerce Accounted By Travel Products: Indiatimes is the website linked to what is arguably India's most powerful newspaper company, Bennett Coleman & Co., the publishers of The Times of India.
Expedia looking for country head: The report notes that Expedia is setting up shop in India, most probably in the first quarter of 2007.
Friday, October 27, 2006
Ali-wannabes crowd in
Being a Chinese B2B professional organization that enjoys the most abundant trading resources and attracts the most types of industries to participate, the establishment of Yaphon B2B Alliance marks the end of separate operation of online trading by individual sites.
That last claim is pretty radical. The CCP Propaganda Department-style phrasing, though, raises some suspicions about the provenance of this initiative. It goes on to claim:
Before this, Alibaba.com occupied a big share in China's B2B e-business market. However, the establishment of ''Yaphon B2B Alliance (B2B Alliance)'' also indicates that the Chinese B2B market has begun to combine the advantageous resources and demonstrate Chinese suppliers to overseas buyers in an organized way.
I somehow doubt that Jack and the boys in Hangzhou are quaking in their boots just yet despite the way in which that first sentence seems to imply their imminent demise.
Elsewhere, the Shanghai Daily reports on MFG.com's entry into the Chinese marketplace:
THE world's leading Internet marketplace for industrial products put its Chinese site online yesterday to help its overseas members, including some on the Fortune Global 500 list, find cheap made-in-China industrial parts.
Some interesting claims on pricing and potential audience here from a typically optimistic-sounding American boss, Mitch Free, apparently new to China:
Currently there are only about 100 Chinese companies paying US$5,000 a year for its service. But it said thousands of other Chinese suppliers had registered for a free three-month trial. Most of them were small- and medium-sized companies, according to Free.
Its unified flat membership fee is cheaper than that of the international trade site of Alibaba.com, which charges between 60,000 yuan (US$7,500) to 200,000 yuan a year.
I'm not sure he's comparing like with like here and may wish to look to his surname for what Chinese suppliers really prefer to pay.
Thursday, October 26, 2006
Testing for travel
Wednesday, October 25, 2006
Cutting edge?
I'm not quite sure where this puts you all in the greater scheme of things, but a full 22% of your are using Firefox according to my usage stats. With 2% using Apple's Safari and another 1% on Opera (you non-comformists you), that leaves just 75% share for various iterations of IE. 2% of you are already on IE 7.x. Very brave, very brave.
Cybermedia Dice in the red
Cybermedia's own CIOL.com reports "an increase of 24 per cent in its total income to Rs26.30 crore (US$5.8 million) from Rs 21.28 crore recorded during the same quarter last year.
During the 2nd quarter, the company says, its Global Services JV with CMP "achieved 32,000 opt-in subscribers and eight new clients".
Last 20
1 Hong Kong Central District
2 Turkey Ankara
3 Turkey Eskisehir
4 United Kingdom Milton Keynes
5 United Kingdom Aberdeen, Aberdeen City
6 Italy Milano, Lombardia
7 Spain Vehinat De Esclet, Cataluna
8 United States Nashville, Tennessee
9 Hong Kong Central District
10 Ukraine Kiev, Kyyivs'ka Oblast'
11 Hong Kong Central District
12 United States San Diego, California
13 United States
14 Ukraine Kiev, Kyyivs'ka Oblast'
15 Hong Kong Central District
16 Germany Knig, Hessen
17 Hong Kong Central District
18 Hong Kong Cheung Sha Wan
19 Germany Hamburg
20 France Paris, Ile-de-France
Google, ever helpful, suggested that I must have meant to type "King Hussein" when I was searching for Knig, Hessen to find out where it is. Still none the wiser.
From China Web 2.0 Review: Search News Roundup
China Search News Roundup writes: "Baidu CTO resigned: Jerry Liu, CTO of Baidu, announced today that he will resign from Baidu, which will take effective on December 19, 2006. Jerry Liu joined Baidu in January 2000, he is first employee of Baidu besides founders of Baidu. The news said that he will consider to run his own startup later.
Baidu anti-virus channel: Baidu launched an anti-virus channel recently. Baidu partners with major domestic and international anti-virus service providers, including McAfee, Trend Micro, King Duba, KV2006 and others, to provide free online virus scan service and anti-virus update service subscription service.
Yahoo China vs. Baidu: Yahoo China launched an interesting campaign to promote its search service. Yahoo China presents both the search results from Yahoo China and Baidu in the same screen for users to choose which one is the results from Yahoo. Users are allowed to input any keyword for comparison. I tried it and I have to admit that it is not easy for me to differentiate their results.
Hour41’s special search box: Hour41(IE only) is a newly launched job search engine, which has a special input box in homepage. You can enter the keyword either horizontally or vertically, but I think it is nothing but cool, and it will confuse users.
(Via China Web2.0 Review.)
Technorati Tags:
Baidu, Yahoo, China Internet
Tuesday, October 24, 2006
Taking the L-train in Macau
Anybody who has an idea of the scale of Macau's expansion plans (and we have commented on these a number of times including here, here and here) will be aware that they are enormously ambitious. The current road infrastructure in what was a tiny and sleepy Portuguese colony for most of the past 500 years, is simply not up to what they want to do. So, it sounds as though this news comes not a moment too soon.
Monday, October 23, 2006
Google gaining slowly in Japan
I really like the Digital World Tokyo web site and noted with interest this piece about Google having, after six years, clawed its way into the Top 10 of Japanese web sites.The piece quotes NetRatings saying:
The search engine and its associated sites attracted 17.4 million users in September, up from 12.1 million in the same period a year earlier and enough to give it tenth spot in the month's web property ranking. It sits just behind Amazon.com's site, which garnered 17.5 million users and well behind top-ranked Yahoo Japan, which 23.6 million visited during the month...
Sunday, October 22, 2006
Trouble stirring online in Vietnam
The internet is booming in Vietnam. Online cafes can be found in even the smallest towns.
It has given a big boost to the country's small dissident movement - allowing them to communicate with each other and with supporters abroad.
In response, the security forces have blocked access to certain websites and targeted dissidents using the net.
It all sounds eerily familiar to those who follow these things in Vietnams large neighbour to the north. It follows a report just yesterday on censorship there by the same reporter.
Back in June, Yahoo! Singapore reported (and we also posted) that there were more than 12.5 million Internet subscribers in Vietnam now. According to July 2005 estimates, there are 84.2 million people in Vietnam, so that's almost 15% of the population online - and growing fast.
More news I should have spotted
It reports that "Singapore Press Holdings Magazines has acquired Asian IT media company Hardware Zone (HWZ) and its subsidiaries for $7.1 million". The SPHM press release describes HWZ thus "has operations in Singapore, Malaysia, Thailand, Philippines, Indonesia, China and Australia, publishing prolific IT magazine titles , namely HWM, GameAxis Unwired and PHOTOVIDEOi, along with operating popular online portal www.hardwarezone.com which has monthly pageviews of more than 35 million".
The same FIPP page includes news of a shake-up at part of ACP Magazines in Australia as part of James Packer's restructuring of the family jewels in the wake of his Father, Kerry's death at the end of last year.
Friday, October 20, 2006
MSFT advertising services in China
Thursday, October 19, 2006
Mega Macao
Trying to steal a little of Global Sources' thunder (today was the opening of the gifts portion of the China Sourcing Fair), Kenfair has announced with some fanfare the launch of its October 2007 "Mega Macao" event. By our reckoning, this is likely to be the first major event at the new Venetian Macao (pictured here in a July web cam shot) and is a clear effort by Kenfair to capitalise on the Hong Kong/Guangzhou spring and autumn flood of buyers attending existing, major fairs. We think it may be a slightly risky-er venture than Global Source's launches at AsiaWorld-Expo but the potential for these sourcing fairs to grow in the Pearl River Delta appears almost unstoppable.
Chinabyte.com worth $50 million
Al Furst of Asian Projects was also speaking. He suggests that he and I are the only consultants covering B2B in Asia and that when, from time to time, a third emerges, we make special arrangements in Hong Kong to eliminate them. This is, of course, entirely untrue. After all, any special arrangements would best be made in Macau.
Al also talked about chinabyte.com, the partner in China of his client TechTarget. We've obviously been asleep at the wheel again, because we had missed the June announcement that Impress Holdings from Japan had bought 19.99% of that business for $10 million back in June. Shareholders in chinabyte's parent Yesky.com are News Corp., IDG Ventures, and two Chinese industry partners.
Of the 55 Asian B2B web sites we track, chinabyte.com ranks #7 with an estimated 790,000 useres. Its techtarget.com.cn site comes in at #20 with around 96,500.
Fredy Bush - top woman of influence
We have written a few things in the past year regarding Xinhua Finance (here most recently). CEO Fredy Bush has just been selected by Hong Kong's American Chamber of Commerce as Entrepreneur of the Year in its Women of Influence Awards, jointly sponsored with the South China Morning Post newspaper.Quoting Bush, the SCMP feature on the story says "Risk-taking was a prerequisite for entrepreneurship, she said. 'Risks are married with opportunities ... entrepreneurs are risk-takers ... I'm proud to be in the category of entrepreneur [in the Women of Influence Awards] because entrepreneurs tend to spur the economy. We employ people. I like that moniker,' she said".
Xinhua Finance's own press release on the news is here.
We write a lot about how hard it is to do business in China in our industry, so it's great to see somebody recognised for working out how to do it and for then doing it on a really substantial scale. Those challenges are exemplified by Xinhua Finance's own 10th October press release regarding legal proceedings in China over the Xinhua FTSE Index.
Tuesday, October 17, 2006
B2B Mobile....at last
I do find myself a little confused on the Huicong we're talking about. My understanding was that Huicong was the original name of the company now known as HC International). Global Sources announced a significant strategic investment in that company earlier in the year. It certainly fits the description of "one of the largest B2B service providers". There is, though, another Huicong which appears to be more B2C and is related to another organisation. I will report further on this.
Focus Media we do know (we see their screens in every almost every office lift lobby in Hong Kong and China) and reported on them when they listed last year.
Technorati Tags:
Sourcing, Focus Media, Global Sources, China B2B, China Mobile
Monday, October 16, 2006
New focus for Canton Fair
As today's People's Daily points out, that focus is about to change (and this has been the talk of the town for those in the business for a number of weeks now):
The 50-year-old Chinese Export Commodities Fair, which used to be the only international showcase for Chinese products, changed its name to the Chinese Import and Export Commodities Fair on Sunday evening.
Adding the word "import" to its name reflects an adjustment in China's economic development mode, which has featured the expansion of exports for more than two decades, according to experts.
There may be excellent commercial reasons for this. However, the Canton Fair has always been closely linked with the political development of China as well. It is owned by the Ministry of Commerce. Today's news is not unrelated to the story from last Thursday which Bloomberg headlined as "China Posts Second-Biggest Trade Surplus on Record".
We shall watch with interest as the Canton Fair team turns its focus onto Chinese buyers and international sellers - the exact reverse of what it has been doing for the past 50 years.
Update: Playing around with these Technorati tags led me to a small sub-set of the blogging world of which I wasn't previously aware - Canton Fair blogs. Check out:
Cathy's Canton Fair blog
CantonFair.net
Onemanbandwidth (odd blog this)
ttnet.net
Technorati Tags:
Canton Fair, China trade fair, Sourcing
Sunday, October 15, 2006
Flattery

We were surprised, then, (actually, not that surprised) to find that the Yiwu Market an important trading centre for low-end consumer merchandise in Zhejiang Province, has adopted a remarkably similar style:

P.S. Your Sunday triva bonus: the quotation "imitation is the sincerest form of flattery" comes from Charles Caleb Colton's 1820 book Lacon.
Friday, October 13, 2006
Adsense mystery
If this is supposed to be contextual advertising, what on earth has inspired a link to a Chinese dating service? The only thing I can conceivably think of is the Demon Wife Blog posting a few days ago which included one of those scary manga-type cartoon Japanese girls with huge eyes.
If I see noticeable uptick in the pitiful trickle of income these ads generate, I shall think the worse of you readers.
78 mags listed as approved in India
He was posting here on a long list of journals approved for Springer in August ranging from Hernia to The Journal of Headache and Pain. Cheery bedtime reading! Tucked into the middle of Springer's list of worthy journals, you'll find Media Transasia's approval for the Indian edition of Better Homes & Garden.
Wikipedia in China...good news
(Reposted verbatim from China Rises: Notes from the Middle Kingdom. The "I" here is not me, but Tim Johnson whose blog it is):
Relaxing the internet squeeze: "It’s not often that I can relate a positive development in the battle for access to information in China. But recent hours bring good news.
China has unblocked the English-language service of Wikipedia, the online encyclopedia. The content of Wikipedia is written and constantly edited by its users.
It is believed to be the world’s 17th most visited website.
For some reason, the internet police in China, dubbed ‘the nanny’ by British friends, have lifted censorship of Wikipedia even though it contains references to topics considered sensitive to the Chinese, such as the ‘three Ts’ -- Tibet, Taiwan and the Tiananmen Square bloodshed in 1989.
The Chinese-language site has not been unblocked.
Why did China loosen its grip? Beats me. In China, one gets accustomed to government policies that squeeze with one hand while caressing with the other. Maybe they are preparing to crack down on another part of the internet.
In any case, hats off to Wikipedia, which is based in St. Petersburg, Florida, my home town.
Thursday, October 12, 2006
CEATEC slips sideways
There was, though, clearly lots of fun new techy stuff there as this piece from the Philadelphia Daily News shows. CNET also has a solid review of what was on show.
We want a bit of your $200mn!
- Distribution of real-time financial information to the Chinese financial services industries is worth around $200mn a year.
- Reuters and Bloomberg get most of that.
- Xinhua would like some of it.
- They have cloaked their run at this $200 mn in political and ideological terminology.
- Their effort is doomed to failure; any potential gains for Xinhua in making inroads into that $200 mn or in giving the Party control over
information flows would be massively counterbalanced by losses in the Chinese financial services sector due to delays in receiving crucial financial information.
Given Interfax's USSR roots, you sense that they know of what they speak when they talk of these double-edged swords.
Update: Set this against this piece from Fons Tuinstra and the Scotsman piece to which it refers and you wonder if the Mad Hatter's Tea Party isn't in full swing. What would possess Reuters to open a development centre in Beijing at the moment we wonder?
Wednesday, October 11, 2006
Nature and the Booker
Today he is talking about the new Booker Prize winner Kiran Desai (note how this Wikipedia entry is already up-to-date. You have to love it) and developments at Macmillan's Nature Publishing Group. We wrote a bit about that back in January.
Charkin quotes Jason Wilde, the publisher of Nature Nanotechnology saying:
Not only have we launched new titles but we have also expanded our editorial operations to include Asia. The decision to have one of the editors for Nature Nanotechnology in Tokyo reflects the strengths of the Asia-Pacific region. Japan is second only to the US in terms of investment in nanotechnology research, and South Korea is ranked fifth in the world. China is also emerging as a force in nanotechnology and scientific research.
Foreign Agent
Monday, October 09, 2006
Back to Beijing
That's not to suggest that the sun is setting on Shanghai (although there are newspaper pundits who would have us believe that), but that business development focus is now elsewhere in China. My business involves working with clients to look forward and most of them, at least in the industries in which I'm working, see Shanghai as either fully served or as too competitive. In some industries, people are also telling me that they find it too expensive while fierce price competition keeps profitability low or non-existent.
Like Hong Kong, Shanghai is a resilient place and few people have made much money in the long term by betting against it. But it will be interesting to see where the new business develops.
Saturday, October 07, 2006
Mine's bigger than yours
As contentsutra.com points out, "the war of words between Naukri and Monster India is not new. Both always claim to be the number one jobs portal in India."
Amongst the jumble of numbers and predictable denouncing of Alexa.com from the one whose ranking is lower (see here for our previous takes on this), there is no mention of whether anybody's making any money. Do grow up boys.
Friday, October 06, 2006
FT India plans
We will see how much further this gets than the IHT and Wall Street Journal plans for India. The market remains a tough one both commercially and from the regulators. Although much more open than China, there is deep-rooted bureaucratic opposition to foreign newspapers.
