And This is Why China is Every Internet Company's Wet Dream

 By 
Stan Schroeder
 on 
And This is Why China is Every Internet Company's Wet Dream
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Yes, the really amazing thing is the fact that the online penetration is China is mere 19.1 percent, way, way lower than the USA and most European countries. Financial facts are even more revealing: total revenues for all of China's internet companies was $5.9 billion in 2007 while in the U.S. online advertising revenues alone in that same year were $21.2 billion. For companies such as Google, Microsoft, Yahoo and other giants, this means two words: untapped potential.

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