The Dawn of an Innovation Generation
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The Chinese Internet is all grown up now, and while it is still dominated by first-wave companies such as Tencent, Alibaba, Baidu, and Sina, it is also fostering a healthy amount of entrepreneurial activity, including some startups that have bold visions to expand beyond their borders.
In Beta China, PandoDaily’s Hamish McKenzie examines the most innovative Chinese Internet companies and personalities, from the karaoke app Changba, which grew to 10 millions members in 40 days, to homegrown Apple analogue Xiaomi, which has produced an iPhone competitor that is $400 cheaper per device, and which is led by the charismatic Lei Jun, “Steve Jobs of China.”