{"id":11197,"date":"2011-11-15T01:11:47","date_gmt":"2011-11-15T01:11:47","guid":{"rendered":""},"modified":"2011-11-15T01:11:15","modified_gmt":"2011-11-15T01:11:15","slug":"LinkedIn-Of-China-Expects-Up-To-5-Million-Users-In-2012","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=11197","title":{"rendered":"LinkedIn Of China, Expects Up To 5 Million Users In 2012"},"content":{"rendered":"<p><strong>Ushi.com, a LinkedIn -like online networking service for Chinese professionals<\/strong>, expects to have up to five million users signed up by the end of next year, compared with 600,000 today,  co-founder Dominic Penaloza said in on the sidelines of the \u201cSilicon Dragon\u201d conference in Shanghai last week.<\/p>\n<p><strong>Founded in October 2010, Ushi.com, which means \u201coutstanding professionals,\u201d emphasizes its contacts from the investment industry.<\/strong>  Among its charter members are executives from Strategic and Executive Search, Dupont, Microsoft, and GSR Venture Capital.<\/p>\n<p>Speaking at the conference, Penaloza disclosed that the Shanghai-headquartered company had been visited twice by LinkedIn since it was step up. Penaloza didn\u2019t elaborate on what was discussed.<\/p>\n<p><strong>Ushi raised $3 million this summer, led by a strategic corporate investor, Gerson Lehrman Group.<\/strong> Successful social networking companies in China can attract users rapidly, tapping the country\u2019s world-leading Internet and mobile phone  user base.<\/p>\n<p>They have had a harder time making money, however.  Just last week, social media titan Renren reported a third-quarter loss.<\/p>\n<p><a href=\"http:\/\/www.forbes.com\/sites\/russellflannery\/2011\/11\/13\/ushi-com-a-linkedin-of-china-expects-up-to-5-million-users-in-2012\/\">Source Forbes.com<\/a><br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ushi.com, a LinkedIn -like online networking service for Chinese professionals, expects to have up to five million users signed up<\/p>\n","protected":false},"author":914,"featured_media":72448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[],"tags":[],"class_list":["post-11197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x90.jpg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg"},"magazineBlocksPostAuthor":{"name":"Gerry","avatar":"https:\/\/secure.gravatar.com\/avatar\/dced5247c785a35531cefaa537a22267219a283257394cd62377f4e1af43b4dc?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Ushi.com, a LinkedIn -like online networking service for Chinese professionals, expects to have up to five million users signed up","magazineBlocksPostCategories":[],"magazineBlocksPostViewCount":138,"magazineBlocksPostReadTime":1,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u.jpg",113,170,false],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/u-113x150.jpg",113,150,true]},"magazine_blocks_author":{"display_name":"Gerry","author_link":"https:\/\/asiancemagazine.com\/?author=914"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/dced5247c785a35531cefaa537a22267219a283257394cd62377f4e1af43b4dc?s=96&d=mm&r=g","magazine_blocks_category":"","_links":{"self":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/11197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/users\/914"}],"replies":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11197"}],"version-history":[{"count":0,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/11197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/media\/72448"}],"wp:attachment":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}