Mobile innovation, coming from China - William Bao Bean

William Bao Bean

Are you still looking for ways to monetize quality content? Watch China, says managing director William Bao Bean of the ChinaAccelerator in Analyse Asia. Mobile applications in China are on average 2 to 3 years ahead of the US, he tells. Mobile commerce 3.0 is highly social, very competitive and does away with the classic ways of making money through advertising. China can focus on mobile innovation, because it has a home-base of 700 million mobile users.

Because now larger internet companies like Baidu, Alibaba and Tencent are around, Chinese startups have more exit possibility than going IPO, making their opportunities larger.

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