From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.
Category Archives: Tudou
Twenty years ago Chinese academics sent their first online message and since then the internet has changed China beyond recognition. Despite efforts by the government to keep freedom of speech in check, China´s internet users are freer than even. A few of our speakers are key experts in this field.
Looking back at the demand from our clients at the China Speakers Bureau over the past few years, we see a distinct development into the future, into the year of the ape.
Alibaba bought the video-services Youku-Tudou, a mash of Youtube and Netflix, but at least ten times bigger, tells business analyst Shaun Rein in Bloomberg. It is a sign competition between internet giants in China is heating up, and Alibaba first want to strengthen its position there, before taking the rest of the world serious, Rein says.
Now China´s downturn hits certain industries, Chinese entrepreneurs use their creativity to change horses. The Globe and Mail describes how a former steel trader refocused his firm on medicinal liquor. Former Tudou founder Marc van der Chijs comments on how this fits into the Chinese style of doing business.
China-investor Marc van der Chijs visited Shanghai for a board meeting of Dianrong, a financial internet firm, and summarized a few observations on his weblog. Company valuations are going through the roof and how they start to buy R&D outside China.
When China entrepreneur Marc van der Chijs moved to Vancouver two years ago, he had already a history of Chinese start-ups under hit belt, including China´s largest video hosting firm Tudou. As VC he remains active in China from Canada, he tells LearnChineseBusiness.com, but misses the daily business vibe of the country.
In China the financial authorities have come close to a ban of the Bitcoin, and the news in general has been negative. But China entrepreneur and Bitcoin enthusiast Marc van de Chijs explains on his weblog why the crypto-currency is likely to keep on shaking the financial markets.
Tudou founder Marc van der Chijs is having a small party. Ten years after he started China´s video sharing firm Tudou (now merged with former competitor Youku), the company turned profitable. A bit longer than we expected, he writes on his weblog.
In China start-ups are successful and huge, or you fail, there is no way in between, says serial entrepreneur Marc van der Chijs in the Wall Street Journal. His success was video-sharing company Tudou, other ventures saw more trouble.