Asian Internet Dating/Social Networking Conference
Originally uploaded by Mark C Brooks
Attending the two day conference in Shanghai. 45 or so in attendance. Lots
of great sessions. It's a tough market and few are making significant money
yet. The government halved the already low maximum SMS billing fees to just
10RMB a month (7 RMB to a $) which hurt some of the major friends-making
players. Most Chinese have direct debit cards which can't be auto-rebilled.
Consequently, Baihe.com and 96333.com switched to high-end offline services
and annual billing.