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For Chinese IM Portal Tencent, The Money Is In Micro-Transactions
March 27th, 2008 at 1:31 pmSource:TechCrunch
A few weeks ago I had the chance to check out an upcoming Los Angeles-based startup called Intent, which should launch publicly this summer. And while Intent is a for profit startup, the founders say their goal, like Causes, is to help people along the road to making money.
The intent founders, which include Deepak Chopra’s […]Source:TechCrunch
In China, the money isn’t in Web advertising. It is in micro-transactions. At least that is the case for Tencent, which operates the largest instant-messaging network in China and is one of the largest overall portals. Tencent—which includes the QQ IM service, QQ Show (an avatar social network modeled after Korea’s Cyworld), and […]
