Richest Web Entrepreneurs in China - Best Blogs Asia
A list of the most famous and richest internet entrepreneurs who are based in China.
Online China is growing and is the country most Westerner companies want to get into but fail. Homegrown talent such as the individuals below have “made it” and so I profile their rise to success as owners of China’s most valuable web companies.
Jack Ma
Jack Ma used to be an English teacher and tour guide for Hangzhou. He founded Alibaba in 1998 with $60,000 in capital. The company, owned for large part by Yahoo went public in 2007. Alibaba Group also operates Taobao.com, a consumer e-commerce portal similar to Ebay; AliPay, an online payment system; and AliSoft, which makes business management software.
Ding Lei
Ding Lei founded NetEase and became the richest individual in Chinese mainland in the year of 2003. Netease is a Chinese internet company that operates 163.com, a popular web portal which received over 546 million page views in June of 2005. The company has grown rapidly since its founding in June 1997, thanks in part to its investment in search engine technology and massively multiplayer online gaming.
Ma Huateng
Ma Huateng (Pony Ma) has spent his entire career in computing. He joined Runxun Communications Development Co. Ltd. in 1993. He later founded Tencent, the company behinds China’s most used chat client QQ. Tencent Computer System Co., Ltd. In 1999. Revenues up 85% in first half 2008 thanks to boost in Internet advertising ahead of Olympics and popularity of such online games as Dungeon, qq Dancer and Cross Fire.
Shi Yuzhu
In 2007, Shi Yuzhu became a billionaire in US dollars. Giant Interactive develops massively multiplayer online (MMO) games, played by tens of thousands of players through networked game servers.
Robin Li
Robin Li is the founder of Baidu.com, the leading Chinese-language Internet search provider, that looks remarkably similar to Google.com. Interestigly enough, the founder represents more net value then Eric Schmit, Sergey Brin and Lawrence Page combined!
Conclusion
Looking at these rich people, makes you realise none of these guy’s activities were ground breaking or original. You can look at other trends in other countries, copy them and hope to succeed in your niche. The difficulty is persistence, contacts and determination which is what all these entrepreneurs have in common.
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