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How long do you spend on Pinterest? VCs talk Entrepreneurship, Innovation, and Investing

Connie Chan loves Pinterest. “I bought something the first day I used it,” she said after testing the product, “I thought that other people would, too. I really love it, my friends love it.” What makes Chan different than most Pinterest users is that she’s a partner at Andreessen Horowitz, one the tech world’s best well-known venture capital firms….

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Posted in Mobile, Startups Comments

Wink App from Copenhagen Allows Instant Photo Sharing with Nearby Friends

When people think about innovative startups, Denmark is probably not the country that comes to mind immediately. However, a quick look at some of the products coming out of Copenhagen might turn some heads. We caught wind of a new app out of Copenhagen called “Wink!” this week, and it looks like they have a…

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Posted in Mobile Comments

Foxconn is Serious About Manufacturing in US, Apple Indicates Will Spend $100 Million

Last month, rumors were flying that Foxconn was planning to open a manufacturing facility in the US. It appears that the rumors were true. With clients complaining that not enough of its operations are located in North America, Foxconn is now seriously considering a push in the US. “We are looking at doing more manufacturing…

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Posted in Industry Leaders, Mobile Comments

China’s 3G Speeds Are Not Even One Tenth Those of Korea and Japan

China’s 3G network speed is still not even one tenth the average speeds of Korea and Japan, a quality assessment conducted by UMNet revealed today. In October 2012, average 3G rates  in China were 52.51Kb/s, with China Unicom speeds being the fastest at 55.04Kb/s, China Telecom’s service averaged 49.67Kb/s, and China Mobile averaged 28.26Kb/s. In…

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Posted in Mobile Comments

China Hits 1.1 Billion Mobile Phone Users, Revenues and Smartphones on the Rise

In the first 10 months of the year, according to official figures, China’s population of phone users has reached approximately 1.1 billion by the end of October. This means that of the 1.34 billion people living in China, approximately 82% of them already own and use cell phones. Among those that are using 3G devices…

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Posted in Mobile Comments

Amazon’s Kindle Will Come to China Early Next Year

The rumor mill is always running in China, but at least today it is not political. Amazon is making an appearance in China with its Kindle e-reader, as last Thursday it was revealed that a Chinese version is now available. At the earliest, there will be one model listed by the end of the month,…

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Posted in Mobile Comments

WeChat Adds Web Grab Feature, Positioning for the Trend from PC to Mobile

Chinese tech companies are not always keen to simply follow trends, and more and more they are defining them. The move from laptop to mobile has already begun, and Tencent aims to grab a piece of that transition with its latest WeChat update. The news is that the newest version of WeChat, which was actually…

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Posted in Mobile Comments

Qihoo 360 Gets More Hilarious, Wants to Compete with Travel Sites Qunar and Ctrip

Qihoo 360 is just getting a bit funny now. As if it were not enough to battle Xiaomi on smartphones, launch a new search engine,  and begin a legal battle with Tencent, the Chinese security software and Internet portal Qihoo 360 is now waging war on everyone in the Internet industry. Well…almost everyone. Today, Qihoo 360,…

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Posted in Mobile Comments

Even the Best Startups Can’t Overcome Tax Rates in China and the US

MobiSights has written before about some of the disadvantages of the venture capital environment in China, and this post by Juliana Davies takes a deep dive into some of the taxation differences for small business between China and the United States. Juliana writes for an online business magazine that has ranked 2012’s best online MBA…

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Posted in Startups Comments

Wen Chu, CEO of GWC: Bridging the World’s Mobile Internet Industries

The following is the full speech of GWC’s CEO and founder Wen Chu at GMIC SV: Good morning, ladies and gentlemen, it is my honor to welcome you to our first GMIC SV. I’m Wen Chu, the founder and CEO of GWC. We’re happy to have you here today. I would like to thank all…

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Posted in Mobile Comments

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