Wednesday, October 11, 2006

Riding the YouTube Wave

Google has acquired YouTube for USD 1.65 billion. Not bad a price for buying an online video sharing platform that has no business model whatsoever. Anyway, it will be interesting to see how Google can turn this to its advantage. Here are some related articles from BusinessWeek Online: This morning chatting with a friend we thought that combining the power of YouTube and the China market could only work. We started our venture... our quest to develop the winning online video sharing Web site in China.

For now... we have a logo:
;o)

What else do we need?
- A Web site
- An audience (10,000,000 should do it)
- Wait for the Chinese government to allow free flow of information
- A business plan (an empty blank page should do it)
- Strong marketing (with that logo, half is done)

YouTube Beware...

2 comments:

Aspirant said...

Have you heard of TuDou? I haven't, but it seems to be a Chinese version of YouTube

Nicolas said...

There are quite a few video sharing Web sites around in China. TuDou claims to be the biggest.

Here are some others:
yeecai.com
ucast.com
uume.com
yoqoo.com

But video sharing in China of course faces quite a few hurdles:

Video Censorship
New Regulations (Aug. 2006)