1)According to an article—All Businesses Will Be Socialized Eventually published on New Finance Economics, third-party apps which based on social media platforms have triggered a new commercial change of socialization. There are some new conceptual categories about business management field, including Crowd Sourcing and Social CRM. Heading by Qzone, kaixin001.com and renren.com, SNS will reestablish a new social ecosystem which will provide an unpredictable future market for every developer. (New Finance Economics)

HappyFarm

2)According to donews, SNDA president Ling Hai described what he had communicated with Zynga game producer. He said that they had shared some excellent game characteristics with each other, for examples, a good game can make players to pay attentions to friends’ status at any time, help them to play games to interact with friends or show players its clear development condition. (donews)

3)According to Business Times, Gao Shaofei, Xu Cheng and Cheng Yanhui have established SNS company–Five Minutes by￥300 thousand including half self-funding and half investment from STEFG. Five Minutes began to enter into social game field from 2007 when Facebook was launched. At the original development, this company was facing a difficult condition because of lack of financial supports. But the launch of Happy Farm has brought double returns from users and revenues to this company. Then they have gained the investment from DFJ (Draper Fisher Jurvetson) and a Japan venture capital firm successively. (Business Times)

4)There is an article in 21cbh.com talking about the development process of kaixin001.com. Rising sharply from social games, kaixin001.com is facing a big crisis from games’ life cycle and engagement, so interaction—the core of SNS must support it to make the silent majority talk on this platform. From May 2010, kaixin001.com began to allow the entrance of third-party apps (this action was obviously later than Facebook and 51.com which were opened separately in 2007 and 2008). Although having well planed platform and high qualified access apps, kaixin001.com still seemed to be too hesitated and conservative in the competition of internet. (21cbh.com)

yuri-milner

5)According to shihua.com, Russia venture capital giant Yuri Milner will establish office in Hong Kong to directly communicate with those internet companies in China mainland. It’s said that there will be 10 to 12 members in this office. Rising to fame by investing three big internet companies—Facebook, Groupon and Zynga, DST has bought a share of nearly $500 million from 360buy.com recently. (Cnyes)