Checking In: China Sees Rush of Location-Based Foursquare Imitators - China Real Time R... - 0 views
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China is already home to more than 30 Foursquare-like location-based service companies
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“In Chinese culture, people always bargain. Discounts and benefits can be attractive lure to potential users,” says Zhang Yi, CEO of Guangzhou-based IIMEDIA Marketing Consultation Group. “Chinese businesses attach more importance to short-term profits, and the LBS sites provide a pretty goal-oriented marketing solution.”
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Currently, around 18% of China’s estimated 800 million mobile users are using smart phones