The Chinese websites has developped for only 10 years. The oldest web company is just 10-year old shop. But, the "old" here doesn't mean the concept of time completely, but vitality.
Those web companies, founded between 1997 and 1999, such three portals as sina.com,sohu.com and 163.com, such e-business company as alibaba and dangdang.com, or yesall in online ad field, have becomed ones of influence, dignitary and arrogance. Compared with resources, finance and people occupied by them, the innovation and value that they create has changed a lot. The youth era when they are full of energy has been the past and the growth rate of several hundreds percent has been the far memory.
Not only in China, but aslo in U.S, a lot of peple consider that Yahoo! has grown old, but Yahoo! is only 13 years old. However, compared to 9-year-old Google, Yahoo! has really become senile.
But an intrested thing is that when these "old" companies lost their spirit and have been reduced to traditional ones in Internet industry, it's strange that they are welcome in capital market, such as netsun. There are other "old" companies pondering money in the investor's pockets, such as Alibaba and Dangdang. 10-billion market value of Alibaba seems to come soon, but the 1-billion value of dangdang estimated by itself is really
overstated too much.
Maybe "old" stands for seniority in other industries, but in Internet, the most important thing is innovation. Yahoo! has experienced the change from favored by inversted to thrown by them in only several years. Inverstors find that its organism function is declining, though it can eat normally as usual. Its revenue has increased little, though it has a great number of users.
Of course, there are some "old" companies keeping energy. But, the "old" companies lack of vitality are all very high profile, while some "old" companies maintaining enery are very low profile.