China’s 21st century shoppers are trading in their catalogs for Web sites as new and specialized e-commerce companies come of age and raise venture capital to meet the demands of the country’s growing consumer class. FOURNIER RAPHAEL/SIPA In the first half of 2010, six venture-backed e-commerce companies in China raised at least $180 million to […]
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IDG Blog entries
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E-Commerce Sites Have Chinese Consumers Tossing The Catalog
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United in their love for baseball
More...Reporting from Bonita, Ca. — Tran Trung Hieu, third baseman for the Hanoi Capitols, faked a bunt to unnerve the pitcher. It worked. The San Diego Hustle pitcher threw the ball in the dirt for ball-one. On the next pitch he took a little off his fastball to make sure it was in the strike […]
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Payfone gets $11 million for mobile payments
More...After operating in stealth for the past 3 years, mobile payment startup Payfone is officially stepping into the fray today after announcing an $11 million Series B financing, the company’s second infusion. While competition in the sector is fierce — see the news today about AT&T and Verizon getting in the business — Payfone and […]
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Independent mobile app store GetJar now seeing 3 million downloads per day
More...According to GetJar, its eponymous mobile app store is now seeing three million downloads per day. GetJar reiterated that its stats put it second only to Apple iTunes, with over 1 billion total downloads to date. At current (self-reported) growth rate, the company should hit 2 billion downloads in about a year, if calculated on […]
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Disney Buys Playdom in $763 Million Deal, Becoming Hollywood Leader in Social Games
More...LOS ANGELES — The Walt Disney Company on Tuesday became Hollywood’s leader in the booming social game business by acquiring Playdom in a deal worth as much as $763.2 million. Playdom is one of a cluster of tech start-ups that make simple online games and sell virtual goods — like a $2.50 outfit for a […]






