Featured Event: May 25
BEIJING VENTURES BLOOM
Register:
Kai-Fu Lee, 5 top
venture capitalists
spotlight the next Youku
or Dangdang.
Plus CEOs of Beijing's
leading startups
reveal their winning strategies.
Featuring panelists
Kai-Fu Lee of Innovation Works, Hans Tung of Qiming Ventures, Jenny Lee of GGV Capital, Richard Hsu of Intel Capital, Ruby Lu of DCM, Sherry Xiaowei Ying, Morrison & Foerster,
and Sonny Wu, GSR Ventures
Moderator: Rebecca Fannin
Tech Chats with Founders
Fritz Demopoulos of Qunar
Pat Chan of Borq's
Moderator: Daniel Quon, SVB
Highlighting Our Silicon Dragon Entrepreneur of Beijing Award: Presented by KPMG
Q&A
Networking
Cocktail Reception
Buffet Dinner
Tsinghua Science Park
Beijing
Register:
Thanks to our sponsors
Morrison & Foerster, KPMG, GSR Ventures, SecondMarket, SVB Financial Group
Marketing partners:
AAMA, Great Wall Club, CCICE, Mobile Monday |
FUNDS
Greylock ups fund to $1 billion
and forms growth fund. What share will China get?
IPOs
Chinese search engine Qihoo 360,
backed by Sequoia, IDG and CDH,
plans to list on NYSE
and raise $200 million
NetQin Mobile heads to NYSE
for $100 million listing on
Shenzhen Stock Exchange,
with venture funding from
GSR, Fidelity Asia,
Ceyuan and Sequoia
DCM portfolio company
in green packaging materials,
Shanghai Luxin,
raises $159 million in trading debut
on Shenzhen Stock Exchange
DEALS
GSR Ventures invests $4 million in
Tapas Mobile, a
Chinese Android platform
incubated by Innovation Works
DCM, Legend, Sequoia, Phoenix
invest $20 million in
grad student training startup,
Beijing Man Xie
Education Science and Technology
Cosmetics group buying site
Jumei.com raises $20 million
from Sequoia Capital China
Global Mobile Internet Conference
Great Wall Club
Cleantech Startups in the US and China
CCICE
April 26, Silicon Valley
China RMB Funds
CE
April 22, Beijing
|
|
|
Send News and Views to
Silicon Dragon News
|
|
硅谷龙:中国如何打赢高技术竞赛
BUY THE BOOK
SILICON DRAGON
Buy Chinese Edition Click DangDang.com |
|
|
China's Facebook Could be Next Big Tech IPO
![Joe Chen](http://ih.constantcontact.com/fs037/1102135368998/img/138.jpg?a=1104975130137)
Chinese entrepreneur Joe Chen could claim title to the next hot Chinese tech IPO when his Beijing-based social networking brand Renren goes for a $500 million public listing on the NYSE this spring.
Renren should reach an estimated market cap of $2 billion to $3 billion when investment bankers Morgan Stanley, Credit-Suisse and Deutsche Bank take the startup public, putting its IPO on par with two recent China debuts on Wall Street, YouTube lookalike Youku and Amazon replica Dangdang. It's the first Chinese lookalike brand to go IPO ahead of its American counterpart.
Chen's venture investors have $500 million-plus riding on Renren's success. It's the fourth of the Silicon Dragon companies I profiled in my book to go IPO. Read Silicon Asia @ Forbes, Next Big Tech IPO.
| |
China Keeps Rising in the Global Ranks for Patent Filings |
2010
U.S. 44,855 27.5% - 1.7%
Japan 32,156 19.7% + 7.9%
Germany 17,171 10.5% + 2.2%
China 12,337 7.6% +56.2%
S.Korea 9,686 5.9% +20.5%
|
Source: WIPO
International Patent Applications |
|
eBay Tries Vietnam, Post-China |
Did eBay learn any lessons from its botched entry to China? That question is about to be answered in Vietnam, where eBay has acquired a 20% interest for $2 million in local e-commerce player Peacesoft Solutions. This time, eBay is moving more cautiously into a new market by partnering then purchasing a smaller chunk before an outright purchase.
That wasn't the case with Eachnet in China, the startup it acquired for $180 million in 2003 only to see it fail four years later and merged with Tom Online.
Read Silicon Asia @ Forbes: Next Step for eBay |
|
FYI NEWS |
- Chinese Battle For Microblog Supremacy. Sina's Weibo Goes Beyond a Twitter Clone and Gains 100 million users. See FT
- GroupOn China is launching in Beijing and Shanghai as Gaopeng.com. Silicon Dragon sources say new hires are coming from Ivy League campuses and have a mandate to build out service in second tier cities. GroupOn China has funding from Jack Ma's Yunfeng Capital and Tencent. See Bloomberg
- Sina makes a deal to spend $66 million to acquire a 19% stake in Chinese online retailer Mecox Lane. In a related transaction, sportswear seller China Dongxiang takes a 10% stake in Sequoia Capital-funded Mecox. See Yahoo Finance
|
![](https://imgssl.constantcontact.com/letters/images/1101093164665/news_bustech_arw1.gif) | Follow Silicon Dragon on Twitter |
Silicon Dragon is in the Valley writing her next book and prepping for the BIG EVENT in Beijing, May 25, 4-8PM.
REGISTER
Silicon Dragon Beijing 2011
Venue: Tsinghua Science Park
Sunshine Club Atrium
|
Recap: Silicon Dragon Frontier event
|
Bill Tai of CRV, Richard Baker of Sydney's MLC, Peter Mok of KLM |
Some 200 guests turned out for our China, India & The Next Frontier Event on Feb. 9 to hear panelists Bill Draper, Bill Tai, Jake Seid of Lightspeed, Claudia Fan Munce of IBM, Chris Evdemon of Innovation Works, Ajit Nazre of Kleiner, Charles Comey of MoFo and Keith Larson of Intel Capital contrast deals and
investment returns in China and
India.
Most bets were on China thanks to success stories like Suntech, but India is on the rise with strong IPOs such as Indian startup MakeMyTrip on NASDAQ. Tech chats featured Q&As with Andrew Beebe of Suntech and Vispi Daver of Sierra Ventures, a VC investor in MakeMyTrip.
|
Promod Haque, Claudia Fan Munce |
See Frontier Photos
View Videostream
of event, featuring VC investors and leading entrepreneurs.
|
|
Silicon Dragon 2011 Events
Sand Hill Road, Feb. 9: China, India & The Next Frontier
Beijing, May 25: Beijing Venture Booms
New York, Sept 8: IPOs, M&As & Returns
Silicon Valley, Oct 6: Chinovation
Shanghai, Nov 7: Startups Battle the BAT
Hong Kong, Nov 9: Venture VIPs
For Speaking and Sponsorship Opportunities, contact
events@siliconasiainvest.com
|
|
|