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Category Archives: Internet Development
China to Become Largest Online Retail Market by 2015
According to a report released by the Boston Consulting Group (BCG), China will become the world’s largest online retail market by 2015 with a sale value of US$364 billion. By 2015, 8% of all retail sales in China will be … Continue reading
Indian Internet Subscriber Base Crossed 100 Million
The Economic Times of India heralded the news as a 100 million opportunity for investors, e-commerce, devices and telephony. As soon as the announcement was made people started to query the number. IAMAI (Internet and Mobile Association of India) stated … Continue reading
Yahoo Co-Founder Jerry Young Considers Buyout
Yahoo co- founder Jerry Yang would like to take the $20 billion company off public markets, according to people familiar with the situation. There are many reasons for Yang exploring this new avenue: Yahoo is punished by Wall Street for … Continue reading
Alibaba Sets its Sights on Yahoo – Raises Privacy Concerns in the US
It takes two to tango, however for Alibaba and Yahoo it never worked out. It was always a troubled relationship. Alibaba’s Founder and CEO Jack Ma is now trying a new tack by putting together a consortium to buy Yahoo. … Continue reading
China Announces New Internet Agency
China establishes a new State Internet Information Office to oversee the Chinese Internet. The State Internet Information Office appears intended to help improve coordination among the dozen or more Chinese government ministries and agencies with an interest in the Internet. … Continue reading
Baidu Develops Web Browser
Baidu, is developing its own web browser in an effort to cement its hold over the China’s Internet market. Baidu currently holds a 75% share of China’s search engine market, with Google a distant second, according to Beijing-based research firm … Continue reading
Posted in Baidu, China, Internet Development
Tagged Baidu Web Browser, China Internet Market
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Value of Electronic News Services: AOL acquires Huffington Post
AOL has agreed to buy Huffington Post, one of the fastest-growing U.S. news site for $315 million. The price is more than five times the $60 million revenues of Huffington Post. Combined, the new AOL/Huffington Post claims 117 million unique … Continue reading
Posted in AOL, B2B Media, Internet Development, United States, Users of Information
Tagged A)L, AOL, Huffington Post
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STRONG INTERNET GROWTH PREDICTED BY YAHOO
The Philippines, Vietnam, and Indonesia will account for almost 90 per cent of growth in online ad spend in South East Asia in the next five years, research by Yahoo! has found. The value of online advertising in the Philippines … Continue reading
Posted in Indonesia, Internet Development, Philippines, Vietnam, Yahoo
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192 MILLION MOBILE INTERNET USERS IN CHINA
Beijing, 2nd November: According to an article on ChinaNews.com.cn, as of September, mobile Internet users in China reached 192 million. That figure represents year-on-year growth of 63%. In 2008, that market was valued at RMB 11.7 billion (US$1.7 billion), an … Continue reading
Posted in China, Internet Development, Mobile Services
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CHINA’S INTERNET ECONOMIC SCALE REACHED 74.3 BLN YUAN IN 2009
Statistics from iResearch Consulting indicates that if the Internet service revenues are calculated, China’s Internet economic scale is expected to reach 74.3 billion Yuan in 2009, up 30.7 percent from 56.9 billion Yuan in 2008. The growth rate slides in … Continue reading
Posted in China, Internet Development, Users of Information
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E-COMMERCE IN CHINA HITS 250Bn YUAN (US$36 bn)
Internet shopping in China hit a staggering 250 billion Yuan ($36.6 billion) in 2009 accounting for 1.97 percent of all domestic retail, according to the Beijing News. About 100 million Chinese shop online, most of which through consumer websites, or … Continue reading
Posted in China, E-Commerce, Internet Development
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ASIA HAS FASTEST GROWING ONLINE POPULATION
Hong Kong, 16th November: Recent comScore data reveals that Asia now has the largest number of Internet users and it is also the region with the fastest growing online population. There are now 484 million Internet users in Asia and … Continue reading
CHINA BANS INDIVIDUALS FROM REGISTERING WEBSITES
The China Internet Network Information Center (CNNIC), a government-controlled body which falls under the Ministry of Information Industry, announced that individuals in China are no longer able to register domain names. The CNNIC will also launch a review of millions … Continue reading