See how fragrant Web2.0 in Hong Kong?

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Hong Kong, like the rest of Asia, is still struggling to catch up with the world's Web 2.0 Internet trend in 2007 years. This is because the local internet companies in Hong Kong lack a positive spirit, but also because they lack enough knowledge and interest in this market. It was not until the end of 2006 that more and more Web 2.0-related information came to the public domain of Hong Kong, and at that time, some Web 2.0 start-ups began to appear locally and make their services available to the public.

Hong Kong Web 2.0 Market Overview

Although a lot of people have just come into contact with the Web 2.0 concept, but Hong Kong is always a market that likes chasing fashion trend. As a result, the public is very familiar with the popular Internet services offered by big American companies, and they are very happy to use these famous Web 2.0 services. In fact, they are less inclined to use Internet services from the mainland, including Hong Kong local ones, and not to mention the creation of Hong Kong's own local Web 2.0 applications. So here, some "world famous websites" like Flickr, YouTube, MySpace, Google and Yahoo are very popular.

In Web 2.0 innovation, aside from the lack of interest and creativity and what many locals have, "since this type of service already exists, why do they have to bother to create a" attitude, the lack of available online resources and localized APIs ( Many of the best APIs are available only in the US market, and one of the factors hindering the development of Hong Kong's local Web 2.0 market. For example, now very popular in the world, using Yahoo! And Google's offer of a hybrid application of the electronic map (mashups), here basically does not exist. And, in Hong Kong, there is hardly any "cloning" of a successful Web 2.0 site in the world, which is very different from the situation in the mainland.

Web 2.0 start-ups in Hong Kong

In the past year or two, Hong Kong has also set up a number of Web 2.0 start-ups and has launched its own services to the market. In this article, you can see more than 10 of Web 2.0 start-ups that build their bases in Hong Kong and operate here. Some start-ups, although they set their own registers in Hong Kong, are actually operating and operating in the mainland. They do so mainly to reduce their human costs and to "test the water" on the mainland's vast potential market.

The Web 2.0 application Encyclopedia of Hong Kong

* EditGrid (http://www.editgrid.com/): Online spreadsheet processing program;

* ANOBII (http://www.anobii.com/): A social network of book lovers;

* Bullpoo (http://www.bullpoo.com/): Interactive stock associations, and also provides a personalized investment tool;

* Recruit.net (http://www.recruit.net/): Vertical position search engine focusing on Asian market;

* Zorpia (http://www.zorpia.com/): Social network;

* Frenzoo (http://www.frenzoo.com/): virtual social network;

* Lifesterblog (http://www.wazhua.com/) blog community;

* Wazhua (http://www.wazhua.com/): China Entertainment virtual world and social network;

* Roompage (http://www.roompage.net/index/): Personalized homepage;

* Jijija (http://www.jijija.com/): Based on the topic of the dating community;

* China-8.com (http://www.china-8.com/): Chinese Learning and Education society;

* Moochi.com (http://www.moochi.com/): Online video sharing site, provides a reproduction of the video editing function;

Just as local users in Hong Kong like to use Internet services from the United States, the vast majority of local start-ups are betting their sights on overseas markets-so they largely overlook Hong Kong's local market. As some managers of local companies in Hong Kong have said, many of them think the local market in Hong Kong is too small, and residents here still lack enough interest and understanding to make full use of Internet technology.

The vast majority of Hong Kong Web 2.0 start-ups, like startups in other parts of the world, have started their careers with self-reliance. After a certain period of development, a company continues to rely on its own strength to maintain the company's operations, while the rest of the company began to seek help from outside funds. Few sources of funding come from local markets, or foreign venture firms, which are more of a local government in Hong Kong. The Hong Kong Department of Education and Labour (HKSARG) has provided several programmes to finance local internet start-ups. The help described here is "real help", including funding and office space to get the project started.

Industry giants in the current field

It seems that in Hong Kong, large international industry giants (such as Yahoo! Hong Kong, Google and others) do not seem to have made any effort to push Web 2.0 services to the public domain. Providing the local version of the global services that they already have is the development path that these big companies typically choose, rather than developing locally featured Web 2.0 services for Hong Kong's local market.

"Yahoo! Hong Kong" is the most frequently visited site for Hong Kong users (according to Alexa data), but they also do not have a very forward-looking web 2.0 Network Service. The localized versions of their popular Web services include answers (Yahoo knowledge) and electronic maps (which cannot understand Hong Kong's address). Other services, such as tourism (Travel) and real pence, are entirely localized versions of US websites. Except for the popular Yahoo!. Blogs, the Hong Kong office also has a Web service called Yahoo! (hk.where.yahoo.com), which allows users to select, review and recommend local restaurants, food and shops. However, a detailed description of the restaurant is still written by someone, rather than allowing the site's users to freely compile and contribute.

Monetize and Yahoo! Hong Kong are similar, Google still offers its own popular Web services localized version-for example, Docs, notebook, Blogger.

PCCW-PCCW, Hong Kong's local telecoms giant, has just entered the Web 2.0 market, offering a photo-and video-sharing web service similar to Flickr, called snaap!. But now this service is only available to subscribers to the company's services.