Aliababa just splashed a bunch of cash on China's oldest video streaming giant. Why?
Internet Penetration Rate 49.3%
Literacy Rate 95%
China is often called a land of contradictions, and its tech industry is no different. Yes, the middle kingdom is the source of some hackers and copycats, but it’s also the source of some startling innovation, one of the world’s most unique and vibrant internet cultures, and some of the most passionate techies and gamers in the universe. China’s internet may be censored but that hasn’t stopped web, gaming, and mobile startups from springing up all over the country. Here at Tech in Asia we’ve got it all: the good, the bad, and the ugly. The hottest startups, the craziest copycats, and the darkest tales of censorship in Asia.
Country data primarily sourced from World Bank's Data Bank.
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