The Internet Culture and Industry in China
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Transcript of 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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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