Structural issues in China can spell doom for new internet ventures
Internet has found a new El Dorado China which is attracting Internet moguls like Yahoo!, Ebay, Amazon.com and Google. Yahoo! has recently invested $1 billion in Alibaba.com the largest e-commerce web portal in China. Terry Semel, chairman of Yahoo!, is talking of “explosive Internet growth in China” driven by “search, commerce and communication.” Baidu.com the largest search engine in China bears further testimony. It traded at three times its offer price on the day it debuted at the stock market.
For Complete IIPM Article, Click here
Source: IIPM Editorial:- 2006
Copyright-IIPM,2006
