In the West, the battle for the social graph is over for now. Facebook is the undisputed champion. All my Western friends use Facebook, and many are addicted.
“If Facebook is the world’s social graph, then QQ (Tencent’s instant messenger) is China’s social graph,” says Hong Bo (a.k.a Keso), China’s most famous tech blogger. In China, Tencent is the longstanding champ, but its title is being disputed by Sina, one of China’s earliest portal sites.
Sina Weibo is the biggest story in the Chinese Internet over the past year, reaching 250 million registered users, and about 25 million daily active users as of Q3 2011. The coverage of China’s state-directed media leaves a lot to be desired, so Sina Weibo had become a prime source for breaking news events and commentary. It’s also a prime source of celebrity sightings and cultural memes—actress Yao Chen has more than 15 million followers. And instead of exchanging name cards at dinner, it’s now common practice to instead ex → Read More
Rocket Internet, the Berlin-based incubator best known for German-language clones of US startups like Zappos and Groupon, now has big ambitions, especially in the online furniture space according to information passed to TechCrunch Europe.
In a confidential email sent by Oliver Samwer which we have confirmed is genuine, the head (with his brothers Marc and Alexander) of European Founders Fund and the driving force behind Rocket, says their strategy is to become “number one” in the ecommerce sector for furniture over the next year. But the language he uses – including the world “blitzkrieg” – indicates an aggressive and potentially insensitive management style which appears to be a ‘modus operandi’ of Rocket Internet culture. Samwer has since apologised for using the term. → Read More
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