MSN Chinese website has been renovated. It's pretty good to use. The power of its China team is getting stronger. But the MSN software is still terrible and very awkward to use. If it weren't for some business friends on there, I would have deleted it long ago. From this, it can be seen that the Chinese development team of MSN probably does not have an office in China, they just translated the English version. Moreover, its website is truly based in China, forming a situation where the web is strong but the client is weak. As Xiao Pan said: using the Chinese version, you absolutely cannot find the function of the 25G online disk on MSN, the localization is done poorly.
Xiong Huaming, CTO of TC, said that the first ten years were about competing on services, while the next ten years will be about competing on technology. This means that in the first ten years, foreign giants ignored the importance of localizing for China, failing to keep up with services that meet the needs of the locals, resulting in a complete failure in the internet sector. In the next ten years, these foreigners, having paid their dues, gained experience, became smarter, and started employing local teams. Thus, their original technological advantages will come into play, leading to competition on technology. For this reason, data from the TC Research Institute shows that as of October 2008, TC has applied for 1897 patents, among which 154 have been authorized, surpassing the total number of patents owned by domestic internet companies.
A forward-looking strategic plan cannot be implemented without funds, leaving one powerless despite good intentions. Myspace and Facebook have also started localized operations. Domestic internet companies can still engage in small-scale activities for now, but what about the next five or ten years? Where are our local angel investors? Where are the VCs? Worrying deeply!!