Recent Posts


reuters-top-100

31 Percent of Most Innovative Companies are From Asia [Report]

Thomson Reuters has released its list of Top 100 Global Innovators, and we here at Penn Olson were pretty curious to see where Asia stacks u...

  • November 16, 2011
  • at 10:00 am
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glorious-mission-chinese-army-game

Chinese Gamers Pirating “Glorious Mission” Despite Developers’ Polite Reminder About How That’s Illegal

Americans may recall hearing about Glorious Mission, a Chinese PC game being developed by the People’s Liberation Army, from when the ...

  • November 15, 2011
  • at 11:20 pm
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firefall-red-5

Red 5 Studios Inks Major Deal with Garena to Distrubute Firefall in Southeast Asia

Red 5 Studios — an American game developer owned by Chinese game publisher The9 — is making a free-to-play first-person-shooter ...

  • November 15, 2011
  • at 10:00 pm
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AngelCrunch Will Match-Make Chinese Start-Ups and Angel Investors

China now has its own iteration of AngelList, and it’s called AngelCrunch. Using the tagline “where the best start-ups meet the ...

  • November 15, 2011
  • at 8:00 pm
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china-internet-police

Chinese Police Announce Crackdown on “Internet Black Markets”

China’s internet is a rough-and-tumble place, and that’s something the government has struggled to deal with both politically an...

  • November 15, 2011
  • at 3:48 pm
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China’s Explosion in Weibo and E-Commerce Usage, Across the Social Divides [INFOGRAPHIC]

Market research firm Synovate has some new insights into Chinese netizens usage of the web – how it differs between poorer and richer citi...

  • November 15, 2011
  • at 12:48 pm
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FIFA World Class Scocer

GREE Scores FIFA Social Mobile Game for Japan

Japanese social mobile gaming company GREE (TYO:3632) just scored a big-name title for for its social networking service. Starting today, it...

  • November 15, 2011
  • at 11:00 am
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explore

To Entrepreneurs in Singapore: Meet People, Explore Asia

Singapore is small. And sometimes for entrepreneurs, if you don’t make an effort to speak to people outside out of this little island...

  • November 15, 2011
  • at 9:00 am
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US Embassy’s Facebook Fans Jump as Obama Prepares to Visit Indonesia

The Facebook page of the US Embassy in Jakarta, Indonesia’s saw quite an increase in fans on Thursday, gaining as many as 13,899 fans ov...

  • November 14, 2011
  • at 10:00 pm
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elong

eLong: 2.7 Million Room Nights Booked, Revenue Soars 19 Percent in Q3

Online travel company eLong (NASDAQ:LONG) has just posted some interesting statistics for the third quarter of 2011. This quarter saw a whop...

  • November 16, 2011
  • at 9:00 am
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Slick New Web Apps From Youku Entice You to Study, Then Party

Youku (NYSE:YOKU), China’s biggest online video site, has today launched two new web apps on its platform. One is an impressive virtua...

  • November 15, 2011
  • at 10:15 pm
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Exciting-deals-at-Sold

Penny Auction Site Sold.sg Receives “Almost S$1 Million” in Funding

Update: Co-founder Qiuyan told me, “The main investor is called XGS Venture Partners – formed by a group of Ex-bankers. The others i...

  • November 15, 2011
  • at 8:28 pm
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SAP to Pump $2 Billion Into China, Bring 2,000 New Jobs

At an event in Beijing this afternoon, the enterprise application vendor SAP (NYSE:SAP; ETR:SAP) announced spending plans for more than US$2...

  • November 15, 2011
  • at 4:35 pm
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douban search engine

Doucr: A Fan-made Douban Search Engine

When speaking about innovation and pleasing design on the Chinese web, the hobbies-based social network Douban is probably the company that ...

  • November 15, 2011
  • at 2:00 pm
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tudou-rain-300x219

In First Financial Report Since IPO, Tudou Posts $8 Million Net Profit

Tudou (NASDAQ:TUDO) and its CEO Gary Wang may have had a rocky road to their IPO, but since then things have been going pretty well. Sina bo...

  • November 15, 2011
  • at 11:25 am
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mojostreet

India’s Check-in Service Mojostreet Finds One Mobile Platform Outperforms Others

Earlier this year we told you about Indian location-based service Mojostreet, a promising start-up that received $350,000 in funding in Apri...

  • November 15, 2011
  • at 10:08 am
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Tencent Launches a Shanzhai iTunes to Sync Your iPhone, iPad

Tencent (HKG:0700), China’s social media giant, has thumbed its nose at Apple (NASDAQ:AAPL) by releasing a desktop ‘App Assistan...

  • November 14, 2011
  • at 10:31 pm
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iphone_china

iRush? 8 GB iPhone 4 Out of Stock Just After China Arrival

While Hong Kong got their Apple (NASDAQ:AAPL) iPhone 4S on Singles Day (November 11, 2011), the rest of China as in the mainland was “...

  • November 14, 2011
  • at 9:00 pm
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