Google China Invested in Xunlei
According to a Chinese News (in Mandarin) in China, Google China has invested in Xunlei, i.e. Shenzhen Xunlei Network Technology Ltd., a fast-growing Chinese P2P startup. Xunlei will officially announce this fundings investment from Google China on 5th Jan 2007.
Xunlei that founded in year 2003, started as a download site and recently switched its focus to P2P distribution market, mostly audio and video. For users, one only need to download and install its P2P (torrent) software, i.e. version 5.5.2.252 and run in their own personal PC, that’s simple is it. According to its product page, this software pre-installed Firefox 2 browser, support fast download, anti-virus, choices of skins, and etc.
Source: http://top.baidu.com/
I think Xunlei has caught the eyes of Google China is mainly due to its popularity. From the image listed above, Xunlei has ranked number 2, just behind qq in daily top 50 search in Baidu China. In term of product strategy, Xunlei has demonstrated some similarities with YouTube, and I also believe Xunlei has some comparative advantage to offer, especially it’s pure Chinese videos. I wonder Google China will capitalize this opportunity to explore the video advertising market in China? For Google, it seems that funding a potentially growth site in China is a good idea for them, at least it’s not the only strategy they can pursue with the dominant position they have in Internet, and money as well. But I really hope that Google will live up with their motto, i.e. “Don’t be evil” in China, and throughout the world.
January 11th, 2007 at 8:26 am
[...] I believed most of the readers have heard of Alibaba, Google, Lenovo, and Intel. For Alibaba, I also wrote some of the latest news of Alibaba, you can check with the sidebar of this blog to know more about it. For other companies, I will briefly explain here and you also can click the links as I provided in the above. Gome is a portal that mainly sell electronic products. And Hasee, it is a successful portal that sell PCs, laptops, and computer related items in China. Shanda, i.e. Shanda Interactive Entertainment Limited, went public and listed in Nasdaq, is a leading interactive entertainment media company in China and offers a portfolio of diversified entertainment content that is accessible via the Internet. Whereas Tencent is a successful company that released the well-known QQ messenger. I also wrote a post that entitled, “TM 2007 Beta 1 First Impression” recently. Another company, Tom.com, it is a company that partner with eBay China and they are going to jointly-launch a new portal and I will write on that soon. And lastly, Xunlei, as you probably heard of Google has bought a stake in Xunlei, to know more about this company, you can read my another post, entitled, “Google China Invested in Xunlei“. [...]
February 25th, 2007 at 9:04 pm
[...] peer-to-peer startup in China and Google has stake in it, see my another post that entitled, “Google China Invested in Xunlei“. What is the meaning for Zhao Xunlei, Zhao is the Chinese word for “find” and [...]
June 3rd, 2007 at 10:10 am
[...] a search engine that owned by Xunlei which Google has a stake has launched in China last month. My sense is that it is a first attempt of Xunlei to compete [...]