Archive for category Social Networking

Edit your photos online, and create your albums

EnjoyfotoEnjoyfoto is a new website where you can upload photos, edit them online, create album, then order it to directly to your home. simple as that.

  • User can choose from dozens of ready for use templates
  • Hundreds of album formats
  • Rich personalized capabilities
  • Convenient text editor to add your own charm in to the album

Enjoyfoto is an easy to use website which is a great example for a win-win web app, great benefit for the users and clear business model to the web site

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China’s Oak Pacific considering HK or Nasdaq IPO

Chinese Internet firm Oak Pacific Interactive is considering an initial public offering “at a suitable time” in Hong Kong or on the U.S. Nasdaq, its chief executive said on Wednesday.

Oak Pacific, with sales of about 500 million yuan ($73.4 million) last year, aims for sales growth around 30 percent annually in the long term, Chief Executive Joe Chen said.

Oak Pacific’s entertainment portal,, has entered a stable growth phase, and, a social networking site focused on college students and office workers, is expected to turn a profit at the end of this year, Chen told Reuters on the sidelines of the ChinaJoy online gaming conference.

“We’re in no hurry to list at the moment, since overseas markets are so bad. We are IPO-ready, but are under no huge pressure to do so and will wait for the right moment,” Chen said.

Beijing-based Oak Pacific does not have any immediate need to raise more capital, he added.

In April, several venture capital firms, including Japan’s Softbank Corp, invested $430 million in Oak Pacific and now hold a combined 35 percent stake. ($1=6.813 Yuan)

Xiaonei | MOP | DoNews

Oak Pacific

Oak Pacific

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