China will no doubt take over US as the biggest internet market in the world.
yes, there is challenge of not much credit nor online payment and people are not as wealthy (compare to other developed countries).. however, in reality, Chinese is saver, and due to the huge numbers, it is no doubt it will be the most important market worldwide. (business model to be worked out of course)
people should get their own QQ ID now. ;-)
I got mine years ago.. but I forgot.. so, here I am signing up again..
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China already has 50% more internet users than US, and this is just the beginning of the "S" curve!
For the market to be larger than US, US and China are already quite close for online gaming, and QQ's sales in 2008 are about 3 times Facebook, with 50% profit margin, versus a loss for FB. How long before the online ads & e-commerce market overcome US?
benjamin [at] plus8star.com
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