Gaopeng.com, Groupon's joint venture in China, will reportedly merge with another local daily deal website FTuan.
View from China
Based in Beijing, ZDNet bloggers report on ICT industry developments from the Chinese perspective.
<p> <a href="http://www.zdnet.com.cn/"><b>ZDNet China</b></a> is run by Ken Gao, Editor-in-Chief of ZDNet China and his editing group, whose members have an average of 10-year-plus working experience in this field.It aims both at providing a China's perspective for the International IT events and offering an international perspective to Chinese IT companies.</p> <p> Found in 1997, ZDNet China is one of the earliest IT websites in China. Currently, ZDNET China covers a range of topics, including technique and application of cloud computing, innovative internet business modes, management and strategies of multi-national companies, and neotechnology such as low-carbon and new energy.
Big high-tech players like Samsung, Intel, and Foxconn flock to central China to chase cheap labor and enjoy favorable policies.
If not by 2015, then shortly thereafter, China will likely become the largest online retail market in the world, with close to 10 percent of retail sales occurring online, a report predicts.
Copying business ideas from both foreign and domestic firms has been standard operating procedure for Chinese Internet companies. But these borrowing practices could be losing their momentum.
China sits on 36 percent of the known rare earth reserves in the world and accounts for over 90 percent of the total trading volume.
Nine of the leaderboard's top 10 programmers are from China. The only American in the top 20 ranks 12.
At Lenovo's fiscal 2012 pep rally, president and CEO Yang Yuanqing reveals the company's objective in the coming fiscal year: To be number one in global PC market.
China Mobile, the world's biggest carrier, turns the buses in the capital city of Zhejiang province into moving 4G hot spots and provides Internet service with a downloading speed of 70Mbps, free of charge.
It is almost a month since Apple released its new iPads, and as usual, the kit is not yet officially launched in China. But buoyant overseas purchases enabled Chinese people to have any products as fast as consumers in other countries, at a higher cost. The black-market price, on the other hand, measures the popularity of these products. The new iPad this time, received very lukewarm responses in China.
In the smartphone market, Apple is playing catch up with Samsung in China, the world’s biggest mobile phone market.
On March 28, joining hands with China Telecom Ltd., Nokia launched Lumia 800C- its first Windows phone in China. Nokia CEO Stephen Elop was interviewed by China's press.
Chinese mobile giant Huawei became the largest Chinese smartphone provider by selling 20 million smartphones globally in 2011. But it has a more aggressive ambition--to climb to the list of world's top three smartphone providers, making its mobile phone product line as successful as its base line.
Different from Pinterest.com in the United States, China’s Pinterest-type websites are mainly based on the cooperation with e-commerce sites
China's E-commerce is due to encounter an unprecedented challenge in 2012. A non-profitable status and an ever-increasing operation cost have forced online retailers to think twice before any risk investment is made. Those competitors, whose long-time weapons have been price battles against each other, have now started to think more about how to make money.
In China, microblogs have become the main platform for its citizens to discuss social issues. Many portals have given micro-blogging a priority in their strategic restructuring and development.