Gloves come off when Chinese Web firms chase customers
Friday, November 12, 2010 - 12:30
in Mathematics & Economics
In China's young Internet industry, competitors draw blood. When Binghao Cheng launched a social networking site two years ago, he named it Kaixin, or Happiness. But he didn't have the money to spare to buy the domain name "Kaixin." So he used Kaixin001, which was not already owned by someone else.