The NYT has a nice article on China and its war with foreign Web giants. The US were the main target as Facebook and Twitter have been censored for a long time. And Google’s market share in China was reduced to 1,7% in 2013. But it also target other countries such as South Korea with Line and Kakao Talk being brutally blocked this summer.
And now…China has produced many highly successful web businesses and Alibaba is having a record IPO in NYC. Funny.
For those interested, the story of the IPO is a fascinating read in HBR – An Insider’s Account of the Yahoo-Alibaba Deal