Friday, Apr 04th 2008 2 Comments

Plus Eight Star Intro to Asian Social Networks and Social Applications

Via Andrew Chen (via Noah Kagan) I found this great presentation by Benjamin Joffe, managing director of Plus Eight Star Ltd.

Many of the stats below are known by people knowledgeable or aware of the Chinese, Japanese, and Korean Web markets. But these stats may be eye-opening for Westerners not aware of what is going on outside of the European or American market.

 

SlideShare | View | Upload your own

Interesting stats highlighted in the SlideShare:Why should we care about Asia?

  • Japan = #2 economy
  • China = #1 population
  • Korea = #1 digital society

Social Networking may have started in Asia before the US:

  • Cyworld, sgtarted 1999
  • Mixi, started 2004
  • QQ, started 1997
  • Facebook, 2004

Active accounts - QQ dwarfs Facebook

  • Facebook - 60 mm
  • Cyworld - 20 mm
  • Mixi - 14 mm
  • QQ - 300 mm

Reach - QQ and Facebook are roughly on par

  • Facebook - 200 mm
  • Cyworld - 35 mm
  • Mixi - 90 mm
  • QQ - 200 mm

Revenue - QQ is by far much larger than Facebook or other SNS

  • Facebook - 150 mm
  • Cyworld - 200 mm
  • Mixi - 100 mm
  • QQ - 520 MM

Operating Profit - QQ is incredibly profitable

  • Facebook - (50 mm)
  • cyworld - (100 mm
  • Mixi - 35 mm
  • QQ - 224 mm

Revenue models are similar from network to network:

  • Advertising
  • Digital Goods
  • Targeted Ads
  • Storage
  • Monthly Fee
  • Personalization
  • Alerts

Key features in common to all social networks

  • Invitation system
  • Closed/Open/Semi Closed
  • Sticky features
  • Payment solutions
  • Mobile
  • Online/offline connection
Sunday, Mar 23rd 2008 1 Comment

Tweet up! Meet up! The First-Ever Beijing Twitter Meetup

UPDATE: David also had excellent coverage about this momentous Beijing Twitter Meetup on TechBlog86. Go there for even more pictures! -Elliott

So how do you name this thing — Tweetup, Twittermeet, Twitter Meetup, TweetMeet or whatever you think is best? We had a difficult start: there were people roaming about with different names for same event. Once the naming was unified (or appeared to be unified), however, the Twitter meetup went ahead just after 7:30 PM.

I co-hosted the event with Siok Siok Tan, and everyone came had a blast. Before long, we had about 6 or 7 computers on the desk. There were 8 of us (there was an iPod touch, by the way, for those who came unprepared), so there was enough tweeting going around.

For those of you who came to a meeting of the Beijing Macintosh User Group, a Tweetup is a very different thing altogether. Instead of being bored to death by yours truly (mic in hand no less at big parties), everyone gets to type away like mad at the keyboard. Through this mysterious-yet-much-admired thing called the Internet (running with Twitter), the 8 Twitter-ers, assembled in Twitter congress, linked up to Twitter “bigs” around the nation such as Isaac Mao, web-styled The Chairman Mao of the 21st Century, as well as Carol Lin over there in Taiwan. And, of course, our very own Elliott tuned in as well, as did fellow BeiMac guy niu-bi from New York.Tweets and Twitter lists of all fellow Twitter-ers exploded like mad: yours truly grew by about 15 fellow Twitter-ers, and tweeted about 100 tweets or so (although the stats report otherwise). Before everyone was lost in tweeting, though, the two hosts ordered food and drinks so that we all could survive to another day with food. Hey, we need to keep on twittering!

The Tweetup wrapped up at around 10:00 PM with a dead David Feng MacBook (battery-wise) and a David Feng iPod touch tottering on its last legs. The next Tweetup will most likely either feature an expanded scope (embracing fellow Fanfou people — as in people who tweet using mainland services), be a KTweetV (a KTV fest), or both.

Stay tuned!

By the way, thanks for coming! We had a great night!

Friday, Dec 28th 2007 No Comments

Cnbloggercon Guide reviewing coverage of China social applications panel - part 4

Cnbloggercon social applications panel - source-avenger

Cnbloggercon also held a panel discussion about China social applications. Moderated by Luyi Chen of the excellent China Web 2.0 Review blog, the panelists were from: Wealink (About in EN), Linkist (at CWRblog), Geni (at TechCrunch, at CWRblog), Haokanbu (Ignite2007 CEO presentation), and Aggua.

From the coverage that is out there, I found it hard to extract the key insights on the potential of social applications in China. Four posts can provide a starting point: David Feng’s Blognation Cnbloggercon day one post, John Kennedy’s live Cnbloggercon blog account, and Luyi Chen’s description of goals and summary of the day. If there are other insightful posts in Chinese or English about this panel let me know so I can add to this post. CNbloggercon social applications panel - YupooMy key takeaways from the coverage and other blog commentary:

  1. social networks and social applications will evolve differently because Chinese netizens are more mobile and more IM/chat oriented, and hence more focused on immediacy and in a mobile format.
  2. social network applications may have a role in facilitating “first life” (aka real world) relationships, but to date what has been most widely adopted are social applications (such as BBS) that enable users to maintain anonymity and privacy.
  3. there are some differences attitudes toward trust. For example, business social networks (e.g. like Wealink or LinkedIn) rely on an underlying willingness to trust strangers (or more accurately, acquaintances of acquantances) but this doesn’t reflect how Chinese business relationships work. There may be similar differences in social relationships–where people may have a smaller, more intimate real-world network of friends and a larger, more anonymous online network of Internet acquaintances with similar interests/passions but no need or desire to tie their online persona to their real world identity. The sweet spot of Facebook and LinkedIn is around online “friends” and “connections” who like to share an online persona tied to their real world identity…this might not be what most Chinese netizens want.
  4. Everything is China is more complicated than it initially appears! Caveat emptor.

wealink logoLuyi reports that according to Ian Chin, president of Wealink, “Chinese social networks [are] still in a disappointing winless season. If it was not the success story of Facebook, the topic we covered on the stage would have been totally different one.” According to David Feng: “In the panel was an English-speaking panelist, who stated that China copying SNS sites such a Facebook was not the way to go. The panelist also went over SNS demographics, noting that SNS users in China tend to be older, and that the Chinese tend to be more conservative. However, while the Western world trusts strangers, the Chinese, though not confident of trusting others, do have the tendency to meddle with others.” Who was this?

John Kennedy’s live blogging highlights a couple interesting points. First of all, the CNbloggercon attendees were totally unrepresentative of the overall Chinese internet consumer population, with 90% usage of social networks, 75% usage of Facebook, and 35% of LinkedIn. However, no one from Myspace.cn, QQ, or Baidu Spaces was present at the conference. Secondly, the issue of privacy was brought up. geni logoIan Chin, probably in reference to Geni, reflected on the difference between ‘the West’ and China. In the West, children begin drawing family trees in kindergarten vs. ancestral relationships being a heavily guarded secret here in China. (is this still true? I can see why it was true during the Cultural Revolution but if it is still true today, why?) From John: “Classic Chinese behavior, Ian says, is doing certain things in a certain degree of privacy, in such a matter that specific parties will now know for specific reasons (ie. buying flowers for a girlfriend, buying them at a previously unknown flower shop as opposed to the one your classmate or aunt runs).”

Thomas Crampton also touches on this issue of privacy: “Unlike the US and much of Europe, where blogs dominate, a good deal of China’s conversations - on brands and other topics - take place in bulletin board services that allow a slightly higher level of anonymity than blogs.” As I mentioned in my previous post on China microblogging, this issue of privacy is more complex than a direct causal result of fear of government “harmonization” and the oversight of the Net Nanny. He also makes some points about heavy internet usage continuing to be from internet cafes, but even this point requires more detail (see below).

Via Kaiser Kuo at Ogilvy Digital Watch, I found a super insightful article in the Dec. 24 issue of Newsweek Magazine entitled “These Surfers Do It Their Own Way.” Quoting from the article:

In many ways the big difference in China can be summed up in three words: instant mobile messaging. The low proportion of home PCs has made the mobile phone the preferred Internet-access device. And Chinese clearly prefer instant messaging-chatty, real-time communications that takes place via PC or cell phone-as opposed to ordinary e-mail, in which you never know when your correspondent might respond.

Kaiser adds: “instant messaging and SMS are effectively soaking up much of the demand in China for social networking.” Unlike the US which seems to be heading toward a Facebook social network singularity (the Kango Palo Alto office is about 50 meters from the Facebook cafeteria, so hard not to think that), the China market may be much more fragmented between BBS, IM/chat based communities, social applications based on SMS, collegiate social networks like Xiaonei, Zhanzuo, Hainei, and many other flavors of social applications.

Sources: photos from Avenger, 94Smart