This Week in Asia Episode 56: Attack of The Groupon Clones

Posted by TWIA on Jul 1, 2010 in This Week in Asia | View Comments

Yes, Google vs China comes to a stunning conclusion with one side making a kow-tow, and the emergence of Groupon clones taking over Asia springing from China and Singapore. How will all these change the landscape of Asia? With Chew Lin taking the helm as the moderator for the first time, the TWIA crew examines the key issues which dominate Asia, with little quibbles over Microsoft’s dropping of Kin, Huawei putting Froyo onto their Chinese Android phones, Mixi making a minor Linkedin, Amazon’s acquisition of Woot and the major differences between e-commerce in Southeast Asia & East Asia.

The Groupon Clones in Asia: With Groupon Clones springing up from China (400+ according to Gang Lu) and Singapore (about 4 according to E27 SG), how is the whole e-commerce fever hitting across the Asian landscape?
Google vs China: The conclusion is that Google buckered down with an official blog release, but what are the next steps for the search engine giant to take on the Great Firewall of China? Is it with Froyo (Android 2.2) loaded with Huawei phones?
Is Mixi creating a minor Linkedin: Are they going to back to their roots or are they running out of ideas?
Microsoft drops Kin and what happens now?
Quibbles on Amazon’s acquisition on Woot and the e-commerce market in Southeast Asia vs East Asia.
Upcoming Events: Open Web Asia – Southeast Asia on 13 and 14 July (and you can use our promo code “TWIA” to register with 10% discount) & BlinkBl-nk on the 19 July.
And one last thing: Chew Lin now has an official twitter account, @chewlink – please add her to show your support.

Podcast: Play in new window | Download

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http://andresiregar.com/ Andre Siregar
If the payment system can be figured out, this ecommerce industry can explode. Two problems with credit cards in countries like Indonesia are (1) fraud, whose cost is borne by the merchant and (2) low penetration rate. Because of (1), the bar to get a credit card is made higher, which leads to (2). It's very different from, say, the US market where people with no income can get a line of credit.
But banks in Indonesia are attempting to get into the ecommerce business as well. An example is belibarang.com (Citibank).
http://daphnemaia.sg daphnemaia
voucherwow.com, deal.com.sg, superdeal.sg, beeconomic.com, bigdeal.sg – i also sneak-peeked a few others tht are up but not fully functional yet. i think groupons are definitely gaining big time in singapore, but perhaps we need to use smtg other than PayPal, as the speakers suggested. PayPal costs are quite high for the merchants, isn't it?
if ecommerce is to survive in singapore, there needs to be a payment gateway that costs less. looking forward to having a huge full-fledged shopping site in singapore ala amazon.com – soon, i hope!

This Week in Asia Episode 56: Attack of The Groupon Clones

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