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Written by Dave Carini
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Thursday, 18 December 2008 11:51 |
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We chose the name Maverick for our company back in 2006. We wanted a name that expressed our willingness to put forth our own views on China's markets, even when they went against the conventional wisdom of the time. Fast forward to 2008, with China and the rest of the world following the U.S. presential race. Lisa Chiu interviewed us shortly before the election about the word "maverick" in Chinese for her Chinese culture blog on About.com:
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Written by Dave Carini
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Tuesday, 16 December 2008 04:27 |
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Chinese search company Baidu has stayed in the headlines for much of 2008. In October my colleague Ed examined the company's entry into e-commerce (Youa.com) and e-payments (Baifubao). In September, my colleague Miranda Chen wrote about Alibaba's attempts to block Baidu's crawler from gathering data on Taobao. With the announcement last week that Alibaba will spend RMB 300 million to develop its "local search engine," Yahoo Koubei, it's clear that Alibaba and Baidu are locked in a long-term struggle for internet supremacy in China.
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Written by Miranda Chen
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Monday, 15 December 2008 16:00 |
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With the official launch of Baidu's Youa, a C2C e-commerce site under Baidu that works very much like Alibaba's Taobao, the two companies are now in direct competition. When trying to predict the outcome of this battle, it's worth a brief look back at each company's accomplishments.
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Written by Junelyn Han
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Tuesday, 09 December 2008 16:00 |
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A few months ago we interviewed 20 Chinese online merchants and thought I'd share some of my findings with you here.
The 20 companies I interviewed were chosen at random from a list I compiled a few weeks ago. Although the 20 interviews do not give the data analyzed a solid statistical reliability, we have, however, found that the answers we were given are highly indicative of China's payment industry as a whole.
The participating online merchants in this survey included the sellers of clothing and accessories, electronic tickets and game cards, online education services, software sellers, online bookstores, and others.
Accepted Payment Methods
Out of the 17 online merchants who answered this question 100% accept payment through a third-party payment provider (such as an Alipay stored-value account), 71% accept credit or debit cards (mostly debit cards), and most importantly almost half of all merchants interviewd still use cash on delivery; only 35% accept direct wire transfers.
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Written by Boaz Rottenberg
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Tuesday, 02 December 2008 08:20 |
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I have been recently quoted in Anita Davis' article titled Baidu faces
massive lawsuit, where Anita describes Baidu's latest challenge:
More than 50 companies are reportedly gearing up to launch
a mass-litigation suit against Chinese search engine Baidu for
violating anti-trust, fraud and infringement laws.
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