Ever since the world is growing to be flat as described by Thomas L. Friedman, TG is under the impression that China is catching up with Japan to become the world’s number one “copy cat”.
Xiaonei.com (校内网), which looks 90 percent similar to Facebook.com has become China’s first and foremost popular social networking site among university students in China. Currently, it enrols 5 million registered users and has 8.8 milllion active users. The site was founded in December by Quingha University graduates. It’s now owned by Oak Pacific Interactive, of which Japan’s Softbank bought 14 percent stake by the end of April, 2008.
Born to be a twin brother of Facebook, Xiaonei.com (校内网) is a fully-fledged site with functions focusing on blogging, photo album, online chat, community and video sharing etc.
August 11th, 2008 at 9:51 pm
[…] to grow strong in China despite the fact that there’s no solid business model. Following Xiaonei.com, which we have discussed earlier, TG found another fast growing SNS Kaixin001.com, literally means ”happy” 開心網 in […]
September 17th, 2008 at 11:15 am
[…] The high flyer Kaixin001.com remained robust in the market as it blended easy-to-play games with SNS model. Kaixin was found by Mr Cheng Binghao, a former executive at Sina.com. Other emerging SNS sites include foreign players: Facebook, Xing, MySpace, Cyworld; local players: China Mobile, Xiaonei.com etc. […]