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Why Shanghai Is Not a Tech Start-Up Hub in China
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Why Shanghai Is Not a Tech Start-Up Hub in China

Fei Fei Mao
Fei Fei Mao, 2018
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8

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  • Analytical
  • Background

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While Shanghai has historically been a hub of business and commerce, the internet sector hasn’t taken hold in the city. Shanghai native Fei Fei Mao – blogging as Zhihufeifeimao – offers her opinions on why this is the case. Her article went viral, but many readers criticized her for exaggerating. Nevertheless, her analysis offers a better understanding of Shanghai business and culture. 

Take-Aways

  • Shanghai gave birth to some star internet companies, but in 2019 none of the most successful internet companies have headquarters in Shanghai.
  • Shanghai doesn’t provide financial support to internet start-ups.
  • People in Shanghai want to work for foreign enterprises and prefer sophisticated corporate jobs.

About the Author

Shanghai native Fei Fei Mao – blogging as Zhihufeifeimao for her WeChat account – is one of the most popular writers on Zhihu, China’s largest online Q&A platform.

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