China is what she wants to talk about.
China was 4% of global GDP in 2003. But they get the Internet. China has 57 million Internet users, that's the 2nd highest in the world. South Korea has 70% broadband penetration. 236 million games on Shanda...
She's talking too fast for me to write it all!
Tons of data pointing at Internet services already big and growing in China. Interestingly, most are US companies (Yahoo, eBay, Google). 70% of Chinese users are younger than 30 years old.
Wireless messaging is already big there--207 million phones. 200 billion messages in 2003.
China needs help in eCommerce for many reasons. And China doesn't breed many great Internet companies yet. But there are folks there now who get it.
Damn, she has an assload of data.
Labor surplus in China. Mary thinks it's like the mid-1990s in the US was. This stuff will make life better in China ultimately.
See Also: My Web 2.0 post archive for coverage of all the other sessions I attended.
Posted by jzawodn at October 06, 2004 12:17 PM