Page 184 - How China Is Winning the Tech Race

CEO Masayoshi Son remained on Alibaba’s board. Ma and his team had an
18 percent stake, Yahoo! has 40 percent, and Softbank had 16 percent.

7. Information technology consultancy iResearch in Shanghai, July 2007,
market report.
8. China Center for Information Industry Development Consulting,
market report.
9. Estimates for retail or business-to-consumer (B2C) e-commerce in China
range widely, from $955 million in 2007, according to the Beijing market
research firm Analysys International, to a same-year estimate of $2.5 billion
by Shanghai’s Internet market research firm iResearch.

Chapter Three
1. China Statistical Yearbook 2005.
2. Association of American Book Publishers.

3. 2006 annual report of China’s Book Publishing market.
4. The Beijing market research firm Analysys International predicted that
retail or business-to-consumer e-commerce would top $955 million in 2007,
and the Shanghai market research firm iResearch estimates this Chinese
e-commerce segment at $2.5 billion for 2007. The U.S. figure is an estimate
from the market research firm eMarketer.
5. Analysys International, China B2C Market Quarterly Tracker, Q1 2007.
6. The couple’s work was funded by International Data Group, a Boston-
based technology publisher and the creator of the Dummies series of how-to
books, and Luxembourg Cambridge Holding Group, a professional publisher
that specializes in databases of books in emerging countries.
7. Investors included the Tiger Technology Fund. Dangdang also received
investment money from the Chinese software firm Kingsoft Corp.

8. The investors were Doll Capital Management, Walden International,
and Alto Global Investment.

Chapter Six
1. Blogging hosts must agree to monitor and censor blogs on their sites to
filter out posts with software that blocks potentially sensitive words or subjects

158 SILICON DRAGON