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With a population close to 1.3-billion (yes, that's a 'B'); it's hardly surprising that Chinese internet statistics are staggeringly high. In fact, in 2011 almost half of all mobile subscriptions and two-thirds of the internet users in the six Asia-Pacific countries that were surveyed by Euromonitor International were from China. But how does this compare to the Western world and what impact does this have?While China's population does make it easy to achieve these kinds of internet user and mobile ...
Fabrice Grinda is a well-known emerging markets super angel investor and entrepreneur. He’s crazy about the internet in the BRIC countries, especially Brazil and Russia. He is also the co-founder and current co-CEO of popular free online classifieds service OLX, a direct competitor of Craigslist.Memeburn caught up with the French entrepreneur to gain some insights into where the money is going in emerging markets. According to Grinda, Brazil and Russia are exciting markets for potential online and mobile investments. ...
A well-known New York-based fund that focuses on emerging market media has launched an early-stage fund for entrepreneurs developing digital news and information businesses.The fund, called Digital News Ventures, has been launched by the Media Development Loan Fund (MDLF). The MDLF, which operates out of Prague, has invested more than $113-million in 79 independent news companies in 27 countries, mainly emerging markets, since 1995. It backs up all of its debt and equity investments with strategic advice and business ...
From the world’s cheapest car to the world’s cheapest tablet, India has emerged as a hub of "Jugaad", a Hindi term which closely translates as "frugal innovation". Owing to its booming economy, growing middle class and a talent pool of highly skilled engineers, India has a thriving tech startup ecosystem. While there are thousands of startups across the country, we bring you a compilation of tech startups that have risen above the rest to be the talking points in the ...
Brazil is going through an economic boom. In December, it overtook the UK as the world's sixth largest economy.Much of Brazil's success has come through changes within its agricultural sector where, over the past 40 years, it has focussed on the Soya trade. But Brazil's success does not rest on agriculture alone.Brazil has access to huge mineral resources and has recently struck oil. Its industrial sector has been picking up pace, and China has been taking notice.Last ...
India is emerging. From the days of the non-aligned movement, and India's subsequent association with African nations, the world has been through a lot. In the past five years alone, we've witnessed two recessions. Well, it could be one long wave too. Only time will unfold the detail.As a kid I spent close to five years in southern Africa. The presence of United Nations and American Peace Corps in some of the nations in that region was a familiar ...
The Arab Spring, the Slavic Spring and the Iranian Twitter revolution all proved how deeply engrained the use of social media is in emerging market countries. But did you know that their rate of engagement with the likes of Facebook, Twitter, and YouTube is growing a whole lot faster than that of developed markets?
Social media penetration is on the rise in emerging markets. A recent report from research and analysis site, eMarketer.com, looking at three studies from Pew Research ...
Fernando Madeira is the co-founder and CEO of Terra, the largest internet company in Latin America. He boasts that the "next Twitter, Google, Facebook" will come from this part of the emerging market world."We are seeing huge activity in Latin America," he says. "In Latin America we have a special sauce in the people... we love electronics and electronic chips."The stats, presented at the LeWeb conference in Paris, back up what Madeira is saying. There are 90-million broadband connections alone ...
No longer the forgotten step-child of South African internet activity, a study by Fuseware and World Wide Worx has found that along with e-mail, news, and banking, South Africans have now also embraced social media as a core pillar of their internet activity.The study, titled South African Social Media Landscape 2011 as Memeburn has previously reported, found that MXit and Facebook lead the way in user numbers.When it comes to growth, Twitter and BlackBerry's instant messaging service -- which also ...