Reading Time: 2 minutes eBay’s China effort took a big hit today, or use eBay’s own term, they are adopting a “new strategy” in the China C2C market: they are going to team up with Tom Online on the online auction site. Whatever the term they use, the real story is they were losing market share ever since they
Reading Time: < 1 minute I went to the West County Mall to check out Heelys: at the Nordstorm and Dick’s Sporting goods; I happened to see a grandma is buying a pair of Heelys for her grandson. Note Nordstorm is considered as high end department store. Dick’s Sportings also carries Heelys but I did not see anyone trying them.
Reading Time: < 1 minute Google is aggressively promoting its online payment service Google Checkout lately. It’s offering $20 off $50 purchase at online store buy com. The aim is very obvious, eBay’s Paypal. To counter Google’s attack, Paypal is offering free shipping with a number of partners including Dell. Who will be the winner of this war? I don’t know. But one thing I know for sure
Reading Time: < 1 minute B2B, business to business, was a popular concept in dot com era. The idea was to connect the companies (suppliers, OEM, vendors…) using B2B software. In those days, there are a few B2B software companies such as Commerce One flied high. But B2B never grew as big as people dreamed in the US. On the other
Reading Time: < 1 minute By now I think most people are happy with the election being over. At least we don’t have to bear with the silly ads on the TV any more. While I am not a political junkie, I went to the Jim Talent’s US senate re-election party in Frontenac last night. I figured rather than watching the TV
Reading Time: 2 minutes OK, enough about the Home Inns (HMIN) and New Oriental (EDU), both of which are well known consumer brands based in Shanghai and Beijing respectively. On Sept 26, a not so well known medical device company based in Shenzhen (by Hongkong), did IPO on NYSE and it was well received by the investors. The company is Mindray Medical International, ticker symbol
Reading Time: < 1 minute Amid all the craziness of Home Inns Ru Jia’s IPO, another well known Chinese company did IPO on NYSE on early Sept, that’s New Oriental Education group. For Chinese students seeking study abroad in the US in 1990s, New Oriental is nothing new. Although I have not attended their classes because at that time their classes are still
Reading Time: 2 minutes Larry Ellison, the CEO of Oracle, surprised the IT/software world again yesterday with the Unbreakable Linux annoucement of “support of Red Hat Linux support and charge less than Red Hat does”. That news crushed the Red Hat stock today, it went down 24%. There are many good technical blogs explains and discusses Oracle’s move. Here
Reading Time: 2 minutes I bought my second pair of shoes on the web. You may wonder how can I buy the shoes without trying out in the store. Yes I did. I found out the price is much cheaper in the online store, $85 vs. $130. I felt pretty bad for the store clerk who showed me the product.
Reading Time: 2 minutes Google buying YouTube is a big news for the web 2.0 community. Its effect is felt more than that (I got two emails from friends regarding this :-). Interestingly, I recalled just a few weeks ago, Mark Cuban, the outspoken billionare investor (who made a fortune in the 90s dot com era), said “anyone who buys
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