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Non-Tech : CAOL: The Chinese AOL and Internet Lottery

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To: Francois Goelo who wrote (373)5/27/1999 1:36:00 AM
From: Dave Gore   of 720
 
Interesting excerpt from Francois Goelo's on Chinese E-commerce opportunities, taken from a news release.

"With one-fourth of the world's population, China is known as the largest consumer market on earth. There are also millions of overseas Chinese all over the world. The e-commerce potential for all those Chinese web users is enormous.

There are many small Internet companies in China. But due to the lack of venture capital, there is no dominant web brand in the battle field. This represents a vacuum of new Internet opportunities."
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