Scoop Link: Chinese Internet Companies
by Charles Mabbett,Asia NZ
The huge and growing numbers of internet users in China has catapulted a select few Chinese internet companies into a league previously the exclusive preserve of American internet companies such as Google, Amazon and Yahoo.
Recent reports by Chinese state media, quoting official sources, say the online population has now exceeded 400 million, up from 384 million in 2009. If the figures are correct, about a third of China’s population now has access to the internet via mobile phones, dial-up and broadband connections.
It is this huge market of domestic internet users, Chinese language specialisation and the degree of protectionism offered by the Great Firewall that arguably have been the key advantages in the establishment of the successful business models enjoyed by China’s burgeoning internet giants.
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See more at: http://www.asianz.org.nz/our-work/media/field-notes/chinese-internet-companies
ENDS