WangYou: China's YouTube
The Scobleizer blog just did a post on the fast-rising WangYou Media, describing it as "a Chinese YouTube." The post goes on to talk about how locally developed Chinese websites like WangYou and Baidu are well equipped to give YouTube and Google a run for their money and hints at how companies like WangYou and Baidu will eventually take their sites out of China and go global.
Going global will obviously not be without its difficulties (see, e.g. TCL and nearly every other Chinese company that has tried to create a global brand), but the Chinese websites should have major cost advantages. Scobleizer concludes by commenting on the "fun competition" likely to ensue as these sites battle it out for a "market of billions of people and if either of these brands can break out of the Chinese markets ' even more."
Comments (1)
Read through and enter the discussion by using the form at the endMuskie - November 14, 2006 6:16 PM
When I interviewed people at Baidu for a school paper while studying at Tsinghua, I asked them about their plans for expanding outside of China. I was told it wasn't in the plans, not even for the CJKV countries or whatever the acronym is. CJKV is short for China, Japan, Korea, and Vietnam these are all countries that for much of their history have used the Chinese character set. I thought they were the obvious places to expand to first.
The interview was less than a year ago, but I interviewed R&D people not strategy people. I'll do a trackback to your post, which should make a link to my posting and the entire paper.