Posted on Wednesday, November 7th, 2007 at 6:16 pm
Beyond just social networking, Chinese start-ups are building Web 2.0 applications for business users, according to research analyst IDC.
IDC estimates that there are more than 2,000 Chinese “home-grown” Web 2.0 providers today, according to a recent report.
“The amount of investments pouring in from institutional and angel investors are growing especially in the PRC [People's Republic of China],” IDC said.
