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  • Why Tencent and Alibaba don’t donate millions to China Red Cross?

    imageThe Red Cross Society of China posted messages about providing help to earthquake-hit area on microblog, China’s twitter-like service, while only got tens of thousands of responses of “get lost” from Chinese netizens. Yet ONE Foundation, set up by Chinese movie star Jet Lee, has become the most attention-getting folk charitable organization at the forefront of earthquake relief.

    One hour after the earthquake happened, One Foundation started its 1st-stage emergency relief of sending out rescue teams from Sichuan and around regions to the hit-area, searching and transferring the wounded.

    At the same time, Jet Li kept updating the information of donation and rescue action on Weibo, of which a few entrepreneurs and companies were mentioned, like Liu Chuanzhi of Lenovo, Ma Yun(Jack Ma) of Alibaba, Wang Shi of Vanke and Ma Huateng (Pony Ma) of Tencent. Tencent and Alibaba contributed five million yuan respectively.

    It is an embarrassing fact that one gets the earnest efforts from major private entrepreneurs while the other is cast aside by Weibo users. One Foundation and China Red Cross were even in cooperation when the former first established in 2007, and only a few years later, the private charity organization has won more prestige and reputation than the governmental one.

    Here are some quotes from the Baidu Baike introduction of One Foundation:

    The whereabouts of the donations is the most concerned problem by many philanthropists. Charities has every problem that exists in fields of education, economy and health care. Problems are everywhere. People in China are willing to do good, but the thing is the contributed money doesn’t end up in the hands of the needy, say, a sum of donation arrived in the disaster area through different organizations would probably has gone less than original, mysteriously.

    It might be the basic reason that multiple entrepreneurs would like to put money in One Foundation.

    Today (April 21st, 2013), Wang Shi claimed that he was trusted by Jet Li and Zhou Qiren, the director of One Foundation, to say a few words: “Though many enterprises make donations through One Foundation, which actually would haven’t survived without Red Cross. One Foundation alone is not enough, and even with individual incidents, don’t lose trust in the roles that Red Cross and civil administration system play in disaster relief.

    • 1 month ago
    • #Jet Lee
    • #ONE Foundation
    • #Wang Shi
    0 Comments
  • How Apple Displeased China?

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    Apple didn’t hold its apology and let it out on April 1, releasing a letter to Chinese customers from Tim Cook, before which it was hit by floods of criticism from Chinese media with CCTV and People’s Daily as leaders. What on earth has Apple done ticking off China? Here are five and a half guesses made by American magazine Fortune.

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    • 1 month ago
    • #Apple
    0 Comments
  • Li Keqiang Meets the Press, Giving Highly-anticipated Messages

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    Newly-elected premier Li Keqiang held his first press conference last Sunday morning. Here are Huxiu’s pick-ups on some key information revealed in Li’s answers to questions.

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    • 2 months ago
    • #Li Keqiang
    • #Chinese Politics
    0 Comments
  • New CEO of Alibaba: “A Firefighter”

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    Speaking of private relationship, Lu Zhaoxi (陆兆禧) may not be Ma Yun’s closest helper, however, in terms of individual on whom Alibaba is reliant, he is the one and only.

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    • 2 months ago
    • #Alibaba
    • #Alipay
    • #Taobao
    • #Jack Ma
    • #Lu Zhaoxi
    0 Comments
  • Tencent Setting Up US Office Specifically to Push WeChat in US

    Tencent had its internal mail this morning claimed that it had set up WeChat US office to take charge of the contact and study of US customers, building the partnership and expanding cooperation. It signifies that WeChat has officially entered the US market.

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    • 2 months ago
    • #Tencent
    • #WeChat
    0 Comments
  • Journey to the West: Conquering the Demons in the wake of Lost in Thailand, films with Huang Bo participating grossed over 2 billion yuan

    Journey to the West: Conquering the Demons, aka Odyssey, by Stephen Chow continues to hold on the box-office on its fifth day, breaking through 400 million yuan up to February 14.

    Would it be another dark horse following Lost in Thailand? Anyhow it has led investors‘ expectations on the share movements of Huayi Brothers when market opens next Monday.

    The other film Say Yes is said to top one hundred million yuan by today.

    Have you been aware of a familiar face in the three box-office hits?

    Yes, it’s Huang Bo.

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    • 3 months ago
    • #Huang Bo
    • #Movie
    0 Comments
  • Exclusive Interview /w Mr. Zhou Hongyi, CEO & Co-founder of Qihoo 360 - Part 1/2

    Do a person and an enterprise really have to go forward with a defiance attitude? Can’t you just win clients without undermining rivals?

    Zhou Hongyi said no, “there must be an overturn, a targeted overturn”. He thinks that the Internet industry has been packed with giants who never stop seeking new opportunities, and you must overthrow them into a dilemma if you want to keep a foothold, otherwise you would never gain a firm footing .

    Although controversy always follows Zhou Hongyi, he does something smart: avoid becoming an idol. “Because those who are admired will some day be knocked down.” Zhou stays grounded, and avoids getting brought down by not making himself a major figure. He talks about innovation when you talk about morality. “I’d never be a giant,” he said, “I am a loser under beating. I’m nobody.”

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    Source: huxiu.com
    • 3 months ago
    • #Interview
    • #Qihoo
    0 Comments
  • Because of the Story of Jike Search and Ms. Deng Yaping, Mr. Kaifu Lee’s Weibo Suspention

    Late of Feb. 16, 2013, Huxiu.com published an anonymous contribute article about Ms. Deng Yaping, CEO of Jike (即刻) Search, the subsidiary of People’s Daily, and the former table tennis Olympic champion, was criticized by superior since she has managed the company for two years but the market share always does not have any improvement. This article also revealed Mr. Liu Jun, who’s been recruited by Ms. Deng from Google, and his company “Yun Rang(雲壤)” have cooperation with Jike Search. Additionally, some Jike staff were not happy with Deng in the daily management since they think she doesn’t understand “the searching business”.

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    • 3 months ago
    • #Jike
    • #Kaifulee
    0 Comments
  • Apple, why don’t you just “bite” Nike?

    Both of these two giants are in predicament, while Nike seems more likely to raise a reformation. The springing up of wearable computing might be a great chance for them to join hands together.

    Last Summer I got a Nike+ Fuelband, which has recorded my dissipative calories and number of steps every day, with it I can check if I achieved the target value I preset or not. Then I got an iPod nano 7 in autumn, my expectation for it was just listening to music, but I found that it could record my amount of exercise and synchronize to Nike+ website as well! Because the existence of Fuelband, I felt a sense of guilt for nano.

    When putting these two devices together, I can’t stop thinking over and over again: Why doesn’t Apple just purchase Nike? Why not this little thing that twined my wrist just be a music inductor? I even think of a great name for it: iNike+.

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    • 4 months ago
    • #Apple
    • #Nike
    0 Comments
  • China Renaissance CEO Mr. Bao Fan talks about Chinese company’s IPO in US

    During the first session of iMeigu ChinaStock Summit 2012, Mr. Bao Fan, the founder and CEO of China Renaissance, gave a speech. According to his core points, currently for chinese companies, the need to enter the American market doesn’t exist. 

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    • 4 months ago
    • #ChinaStock
    • #IPO
    0 Comments
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