Monday, June 2, 2014

China Gets A Lot Of Credit In Meeker's Annual Tech Trends Analysis

China gets a big section on its own in Mary Meeker’s annual Internet report. That should be no big surprise considering the wave of innovation that’s been emerging for the past couple of years from China’s online and mobile markets. China’s mobile Internet has more critical mass than anywhere in the world, Meeker points out in the report that pegs the number of mobile internet users in China at nearly 500 million, 80 percent of total Internet users in the country. China Internet brands are also fast on the rise. A year ago, China counted only one Internet brand among the top 10 — Tencent — in a field dominated by U.S. brands such as Google, Microsoft and Facebook. This year, China has four among the top 10 – Alibaba, Tencent, Baidu and Sohu. China is proving to be a mobile commerce innovator too. Keep reading at Forbes, China Credit.