The Internet Culture and Industry in China

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Ben Zhang, Aaron Li The Internet Culture and Industry in China

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The Internet Culture and Industry in China. Ben Zhang, Aaron Li. The Big Numbers. 450 Million Internet users in China now 33.9% of total p opulation Growing at 20 % a year. The Trend. Mobile Internet Users. 300 million mobile Internet users 66% of all Internet users - PowerPoint PPT Presentation

Transcript of The Internet Culture and Industry in China

Page 1: The Internet Culture and Industry in China

Ben Zhang, Aaron Li

The Internet Culture and Industry in China

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450 Million Internet users in China now

33.9% of total population

Growing at 20% a year

The Big Numbers

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The Trend

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300 million mobile Internet users

66% of all Internet users*iPhones and iPads are hugely popular in

China unlike Apple desktops

Mobile Internet Users

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Internet Usage Difference

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Internet Cafe

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$5 Billion Online Gaming IndustryGrowing at 30% a year50:50 split between Chinese games and foreign gamesGaming addiction of children is concern for

parents

The Gaming Industry

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Fake newsBrowser Market Share

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OS Market Share

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Internet Stardom

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Internet Stardom

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Internet Stardom

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Internet Stardom

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Piracy

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Chinese Income

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$100 $200

Relative to average income,Windows cost about 4 times more in China than in the US

VS

An Example

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• 6 million graduates

People

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People

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• 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

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Behind the Great Firewall of China

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Guess Who’s Who

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Google - Baidu

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Youtube-Youku

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What’s Different

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Groupon - Tons of Sites in China

No one copying Linkedin

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SN$ in China

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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

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Revenue: 1 billion

Active User: 500 million

Revenue: 40+50=90 million

Active User: 250 million

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Q&ABen Zhang twitter: @benzhangproLinkedin.com/in/benzhang Aaron Li [email protected] Linkedin.com/in/aaronliboston