This month a "seasoned" Kaixiner, Wang Ping, tried to sell his Kaixin account on online auction site Taobao at 8,000RMB ($1,170). Nine months into this game, he had won a "parking lot" worth 250 million dollars of web site currency and "property" worth 300 million such dollars. Wang said he was no longer interested in those games.
A survey conducted by comScore, a global IT marketing research company, suggested that Myspace, the world’s largest SNS, lost nearly four million users in June. Difficult to shed a tear.
China Daily reported Zhao as saying SNSs do not have a sound profit model.
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved