ASIA ONE - Nov 19 - VKontakte is entering China by opening a marketing branch in Beijing. VK, based in St Petersburg, has ~250M accounts and 4B daily page views. ~70% of the users are in Russia. The daily net profit of the company is $1.8M. VK may launch a cross-border online shopping service in coming years, helping Chinese retailers to explore the Russian market.
by Gao Yuan
See full article at Asia One