There is an old saying in Internet world, you can get business value as long as you can achieve user value.Is this statement outdated in mobile Internet era?This statement originated from PC Internet era, but now the time users spend on PC drops and user behavior tends to be stable and conservative. In contrast, people are more willing to stay on mobile devices. The difference between PC and mobile is that users are freely to move around on PC end. People can navigate from one link to another link easily, while on mobile end, it's not so convenient to jump from one app to another app.There is ...

Today one important news is that Fab completes its D round fund raising with 150 million US dollars. Regarding this round of fund raising, Fab CEO Jason Goldberg explained : "If Fab wants to do business in US only, then it's not necessary to raise so much money.". Also from the investment of Tencent and Itochu from Japan, China and Japan will be Fab's new market of expansion.Why does Fab choose to cooperate with Tencent to expand Chinese market?(There was news that Alibaba was also contacting Fab for the cooperation)? Goldberg gave his explanation while interviewed by AllThingsD.“We had ...

Tencent has released the earnings report of Q1 in 2013, the total revenue is $2.1611 billion which increases  11.5% compared to last quarter and increases 40.4% compared to the same time last year. The  profit is 649.4 million US dollars which increases 17.3% compared to last quarter and increases 37.4% compared last year.The three main profit generators are:1. Value-added services revenue of 1.7014 billion US dollars with an increase of 13.6% compared to last quarter and an increase of 28.6% compared to last year;2. Online advertising revenue of 135.5 million US dollars with a decre...

Last night, Alibaba announced acquisition of 18% shares of Sina Weibo with $586 million, according to sources close to the deal, after the completion of this deal, Alibaba will become the second largest shareholder of Sina Weibo and may become the largest shareholder in the future.This deal was supposed to be completed before Chinese Spring Festival, but because Alibaba and Sina had a heated argument about the share holding of Sina Weibo which resulted in substantial delay in the time to complete the deal. Alibaba Managing Capital, Alibaba Group vice president Hongping's statement also confirm...

According to Sohu IT, if you want to know the operating status of a listed technology company, then the company's quarterly earnings report should not be missed. Now it's time for companies to release earnings report for last quarter, a few large IT giants in United States have announced the previous quarter's earnings. But many ordinary readers are not interested in those professional reports with a lot of finance jargon, so we extracted and summarized some important information from Yahoo, Google, Apple, Microsoft and Amazon's earnings report in order to allow you to understand the current s...

There are five projects being initiated this year in Guangdong Province to help the young graduates to find jobs or become entrepreneurs, such as providing more internship opportunities to university graduates and setting up total 200 million amount loans to help starting their own business. Among all the announced plans, the “Youth E-Business Elite Plan” attracts the most attention. This plan relies on Taobao University of Guangdong Youth College to train various e-commerce talents, aiming at build up an e-commerce "Whampoa Military Academy."Postal Savings Bank of China Guangdong ...

Why WeChat has made the three big Chinese telecom companies uncomfortable? Let's analyze from both technical and commercial levels.From a technical point of view, Mr. Huang, Dean of China Mobile Research Institute, described the impact of "always online service" applications like WeChat. Instead of using technical terms, we will explain in simple vivid phrases.First, mobile QQ, or WeChat, will have their own "request frequency". These requests are sent to the carrier network, to check the real-time status of itself, such as checking if there is status change or new news come up.These "signalin...

In addition to the new generation "Baidu ladies", The biggest highlight of the annual meeting of Baidu is undoubtedly the passionate speech delivered by CEO Yanhong Li with a "Zoro" suite. He emphasized four business focus of Baidu in the future, i.e the traditional search, mobile cloud, LBS and international strategy. Although the strategy is clear, but what's more important is that there must be some corresponding products to align with these focus. How will Baidu carry out four key business?Yanhong Li did not hesitate to put the traditional search in the first place, and he stressed the nee...