Expert Profile

Expert photo David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;   From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;   From 2002 to 2006, president of B&Q China, a subsidiary of King

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Sourcing In China


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Facts & Figures In China

China's Online Payment Market
China's online payment market reached 555 billion yuan ($81.4 billion) in 2009, up 135.6 percent from 2008. The market has been growing at more than 100 percent annually since 2005. According to industry experts, there are more than 100 online payment companies in China till 2010. Alipay.com Co Ltd is the largest online payment company in China, having a 52 percent share of the market in 2009, followed by Tenpay, an online payment unit of Tencent, with 24.7 percent.
 

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China's Best Blogs And Sites

On High Tech - Computer - Software - Internet
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High Tech - Computer - Software- Internet China
09/02/2010 NetEase Second-Quarter Profit Rises 3.8% as New Online Games Win Customers
  NetEase.com Inc., China’s third-biggest online games provider, said second-quarter profit rose 3.8 percent after the company added players by intr......
 
09/02/2010 Lenovo Posts $54.9 Million Profit, Missing Estimates, on Cheaper Products
  Lenovo Group Ltd., China’s biggest maker of personal-computers, posted fiscal first-quarter profit that missed analysts’ estimates after the company offered cheaper products......
 
08/18/2010 Alibaba.com Eyeing Acquisitions In Coming Quarters
  Chinese online business platform operator Alibaba.com Ltd. expects to announce more strategic partnerships, including acquisitions, in the next few quarters to build its new wholesale e......
 
08/17/2010 Internet Commerce in China Surged 60% in First-Half
  E-commerce sales increased 60 percent in the first half of the year to 2.25 trillion yuan, the South China Morning Post said, citing a report from the China e- Business Research Centre.
 
08/16/2010 Apple in Talks to Buy China Firm, Deal by Sept
  Apple Inc is in takeover talks with Chinese software maker Handseeing, an executive of the Chinese company said on Friday, reported Reuters.
 
08/13/2010 Baidu Is `Increasingly Keen' on Purchases to Boost Search Service, Li Says
  Baidu Inc., operator of China’s most-popular website, is seeking acquisitions that would strengthen its search service or add to it, Chief E......
 
08/12/2010 China's Tudou.com Raises $50 Million
  Chinese online-video website Tudou.com said it raised $50 million in its latest round of financing, the bulk of which is an investment from Singapore's state-owned inves......
 
08/12/2010 Acer Says It Will Become Second-Largest Asian PC Maker After Founder Deal
  Acer Inc., the world’s second-largest computer maker, will climb to No. 2 in Asia after taking over management of Founder Technology Group Corp.’s branded compute......
 
08/03/2010 Sohu Q2 Profit Beats Estimates on China Online Ad Sales
  Sohu.com Inc., operator of China’s fourth most-visited Web portal, posted second-quarter profit that beat analysts’ estimates, after the compa......
 
07/30/2010 Foxconn to Hike Prices to Cover China Pay Increase
  Foxconn Technology Group, which makes iPhones and other gadgets for global technology companies, plans to charge them more to partly cover wage increases at its mam......
 
07/29/2010 China's Baidu Says 2Q Profit More than Doubles
  Baidu Inc., which operates China's most popular Internet search engine, said Thursday its second-quarter profit more than doubled as its advertisi......
 
07/28/2010 China's Camelot Information Raises $147 Million in U.S. Initial Offering
  Camelot Information Systems Inc., which helps companies install and maintain business-management software, raised $147 million in an initial public offering after selling s......
 
07/16/2010 Apple Opens Second Store in China to Spur iPhone, iMac Sales
  Apple Inc. opened its second China store Saturday as the maker of iPhones and iMacs seeks to catch rivals including Nokia Oyj and Lenovo Group ......
 
07/16/2010 Google Gets Nod from China to Keep Search Page
  China gave Google Inc approval to keep operating its Chinese search page, resolving a months-long censorship dispute that had threatened its future......
 
07/06/2010 Google Tweaks China Site in Bid to Keep License
  Google Inc is tweaking its China website in a last-ditch effort to save its search business in the world's largest Internet market after butting heads......
 
07/01/2010 Alibaba.com Buys U.S. E-Commerce Site Vendio to Boost Sales Outside China
  Alibaba.com Ltd. agreed to buy Vendio Services Inc. of the U.S. as the operator of China’s biggest online-commerce site steps up efforts to boost its bus......
 
06/30/2010 China Clamps down on Online Gaming Market
  Web users in China will have to register their names before playing games online as part of the nation's first official set of rules governin......
 
06/21/2010 Software CEOs Seek Help vs China Software Piracy
  The chief executives of 12 software companies -- angered by what they say is China's failure to fight software piracy -- are meeting with lawmakers an......
 
06/11/2010 China's Hurray Holding, Shanda Interactive In Asset Swap
  Hurray Holding Co. Ltd. has agreed to buy Shanda Interactive Entertainment Ltd.'s online audio business in exchange for about 415.4 million newly issued shares while selling Shanda its recorded music an......
 
06/08/2010 eBay Enlists China and US Post Services to Battle Taobao
  US auction site eBay announced a partnership Friday with China Post and the US Postal Service in a new bid to re-establish itself in China, where the market......
 
06/07/2010 Lenovo Returns to Profits, but Margins Fall
  Lenovo, the world's No. 4 PC brand, returned to the black in its fiscal fourth quarter helped by strong growth in its China home market and a recovery in corporate demand, but its earni......
 
06/01/2010 NetEase May Buy Companies to Boost China Web Search
  NetEase.com Inc., China’s third-biggest online games provider, said it may acquire companies to expand its Internet search business, reported Thursday’s Bloomberg.
 
05/21/2010 China's Tencent Reports Record Net Profit
  Tencent Holdings,China's biggest Internet company, reported another quarter of record profit on the back of a robust performance in its gaming and internet val......
 
05/20/2010 Alibaba and Softbank Co-launch Cross-Border Online Trading Platform
  China’s Alibaba Group and Japan's Softbank Corp Monday launched a strategic partnership for the first cross-border online trading platform in Asia, reported Monday’s Shanghai Daily.
 
05/12/2010 China Online Game Market Q1 Revenue Up 40 Pct
  China's red-hot online game revenues rose over 40 percent in the first quarter compared to the same period last year, according to a report ......
 
05/07/2010 China Seeks Data On Web Businesses
  China is poised to pass a law requiring telecommunications and internet companies to report any revelation of state secrets, potentially forcing businesses to collaborate with the count......
 
05/06/2010 China's Sohu First-Quarter Results Beat Forecasts
  China's No.2 Internet portal Sohu.com Inc posted better-than-expected quarterly results, mainly reflecting higher revenue from its online games segment, reported Monday’s Reuters.
 
04/28/2010 NetEase May Become Microsoft MSN Partner In China
  Chinese online game operator NetEase.com may be looking to buy into the joint venture between Microsoft and a Shanghai investment company to operate MSN in China, reported Wednesday’s Bloomberg.
 
04/27/2010 Google Loses Second Executive In China This Month
  Google Inc. lost a second executive in China this month, fueling speculation the withdrawal of its Web site from the mainland will prompt employees and clients to defect to rivals in ......
 
04/22/2010 Microsoft To Investigate Harsh Factory Conditions In China
  American software company Microsoft has said it will launch an investigation into allegations of hard and unfair working conditions inflicted upon employees at a fabrication facili......
 
04/19/2010 China's Tencent To Buy Stake In Russian Firm Digital Sky
  China's largest Internet company, Tencent Holdings Ltd., is purchasing a 10% stake in Digital Sky Technologies Ltd., a Russian investment firm that ho......
 
04/14/2010 China's Tencent Bids To Acquire AOL's ICQ
  China's Tencent, as well as Russian firms, ProfMedia and DST, have submitted their offers for AOL's instant-messaging service ICQ, which is reportedly val......
 
04/08/2010 Yahoo Japan On Tie-up Talks With China's Taobao
  Yahoo Japan said it is in talks with China's Taobao to link their Internet shopping sites, seeking access to the rapidly growing Chinese online retail market, reported Thursday’s Reuters.
 
03/25/2010 Microsoft MSN China Top Exec To Leave
  A top executive for Microsoft Corp's MSN China will leave the joint venture, Microsoft said on Thursday, in a setback as the firm struggles to compete in ......
 
03/23/2010 Baidu Up On Reports Google May End China Search
  U.S.-traded shares of Baidu Inc. jumped Monday following media reports that rival Google Inc. is nearing a decision to close its search engine in China, reported AP.
 
03/22/2010 HP Starts Damage Control After China Laptop Buyer Complaint
  Hewlett-Packard extended the warranties on motherboards in certain laptops in China as it came under increasing criticism there for problems including overheatin......
 
03/19/2010 China Warns Google As Internet Row Deal Seen Soon
  China warned Google, the world's largest search engine, against flouting the country's laws on Friday, as expectations grow for a resolution to a publ......
 
03/19/2010 Lenovo Eyes Acquisition Opportunities
  Chinese technology giant Lenovo Group Ltd. said Friday it is looking for acquisition opportunities in three growth areas: the Chinese mobile Internet space, the consumer personal......
 
03/12/2010 Microsoft To Stay Its China Course Despite Google Spat
  "Regardless of whether or not Google stays, we will aggressively promote our search and cloud computing (in China)," Zhang Yaqin, chairman of Microsoft's Asia-Pacific R&D Group, told Reuters o......
 
03/08/2010 Alibaba New Price Cut Offensive Targets Local Users
  Alibaba, the company that runs the world’s largest online trading platform for businesses, has launched another marketing offensive with a drastic......
 
03/05/2010 China's Shanda Interactive Q4 Profit Up 13 Percent
  Shanda Interactive Entertainment, China's No. 2 online game company, said on Sunday its fourth-quarter profit rose 13 percent, as revenue rose to a ......
 
03/02/2010 Google Recruiting 40 Staff In China Despite Withdrawal Threat
  US internet giant Google Wednesday posted ads for dozens of positions in its China business. The move suggests it may be rethinking its threat to leave th......
 
03/01/2010 China Changes Web Registration Rules
  In a new move to tighten control on internet use, China's technology ministry says it has lifted a ban on individuals operating websites but im......
 
02/22/2010 NetEase Suspends New User Registration For Hit Game
  China's third-largest online game operator NetEase.com said it has suspended new user registration for World of Warcraft (WoW) in China and will reapply for a license to opera......
 
02/16/2010 Lenovo Profit Beats Estimates On China Sales Surge
  Lenovo Group Ltd., China’s biggest maker of personal computers, reported fiscal third-quarter profit that beat analysts’ estimates as the reviving Chine......
 
02/04/2010 China's Ping An Insurance Profit Up 1,500% In 2009
  Ping An Insurance (Group) Co of China, the country's second-largest insurer, said in a statement to the Shanghai Stock Exchange Saturday that its net profit in 200......
 
02/04/2010 Sohu Q4 Falls; Outlook Weak Until New Games Kick In
  China's No.2 Internet portal Sohu.com Inc posted a sharp drop in quarterly net profit as operating expenses jumped, and forecast revenues this quarter would lag mar......
 
02/03/2010 Imitation Google, YouTube Sites Emerge in China
  Imitation Web sites of both Google and YouTube have emerged in China as the country faces off against the real Google over its local operations, reported AP.
 
02/02/2010 China Says No Limits On Google's Android If It Follows Laws
  China on Wednesday said Google's Android operating system will not be blocked if it follows local regulations, after speculation that Google's threat to leave China......
 
02/01/2010 Motorola To Open App Store For China's Android Users
  Motorola is to launch an Android application Relevant Products/Services store for mobile-phone users in China, hoping that third-party applications will take off in the crucial......
 
 
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Expert Talk

Expert photo

David WeiAlibaba.com, the World抯 Biggest Online Marketplace

If you accidentally drop by a speech by David Wei, CEO of Alibaba.com, at a networking event organized by the CCIFC near the Chinese New Year, and you don’t know who David is, very likely you will guess the well-groomed guy promoting Alibaba in perfect English and with great diplomacy must be the media director of the E-commerce giant. Like the Group’s chairman & CEO Jack Ma, David Wei knows intuitively how to take advantage of media and publicity to popularize their company and ideas. But different from Jack Ma’s unassuming manner, passion and sheer personal charisma which embodies China’s entrepreneurs, an air of sleekness, caution and well-educated gentlemanship -- traits of many western professional managers -- envelops David Wei, who was born in Shanghai, received education from London Business School, and once an investment banker. The article below is largely based on what David talked that night at the CCIFC party and what we learned from online sources about Alibaba.



Expert photo

Cedric Mangaud Enhance China抯 Mobile Services

Widely regarded as a product visionary, Cédric Mangaud, the CEO of Abaxia,  has more than 10 years experience of international business and general management within the telecommunications and Internet industries. Enterprising, dynamic and fascinated by next generation mobile technologies and opportunities in China, he has just opened a representative office of his mobile software company in the country to help market the Chinese mobile industry.