There are two interesting revelations about TC’s analysis of Chinese Social Networking sites. First, and probably more important, is that they actaully make money. Much of the money is still embeded in the systems, but credits and account balances are still a step ahead of MySpace or Facebook here in the U.S. Secondly, the Chinese version of a SNS is quite different. The consumers have different cultural, age, and economic backgrounds than Social Website users in the U.S. Not that this is surprising in any way, but Chinese people like different things than Americans, and unless Facebook, MySpace, and to an extent Google figure out what it is they like, they are not going to be successful like the native Chinese websites are.
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