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nico_schweizer HengZhi – New networking platform for business professionals in ChinaJanuary 31, 2009

Posted by nico_schweizer in internet . trackback

HengZhib-to-v portfolio company Tokiva Technologies Inc. has developed a new social network called HengZhi (www.hengzhi.cc), which is now spun off into a seperate entity based in Beijing, China.  The goal of HengZhi is to provide a trusted platform for business people in China to develop professional relationships – both online and offline. While most business networks stop at the “6 degrees of separation”-concept, HengZhi will go beyond a mere networking platform and offer communication, sharing, transaction, gaming, and community services, that are specific to business professionals in China. The service went live in October 2008 and is currently in Beta testing.

Comments»

1. G.J. Peters - March 1, 2009

I checked this website (www.hengzhi.cc) but it is all in Chinese. How can any expat not able to communicate in Chinese add any value to this network?? I am dealing with China for over 20 years already and the Chinese for sure are very much eager to learn from expats.

By having a Chinese-only website, about 98% (if not more) of all expats are locked-out.

G.J. Peters
Switzerland

2. Tong Li - March 2, 2009

Thanks Peters.

HengZhi is intended to be a social network for China’s 80 million Mandarin speaking business professionals.

HengZhi is not addressing the expat communities in any particular way.

The confusion may rise from the fact that founders are the same in both companies, and B2V invested in both. But those two companies are separate and different.

Kind Regards.

- Tong

Founder | Tokiva and HengZhi

3. G.J. Peters - March 2, 2009

Dear Tong,

Thanks a lot for your feedback. I would find the idea of having a mix between the 80 million business professionals and those from outside of China a highly appealing one. I am sure that both side can help eachother a lot and achieve more in less time and at lower costs.

For that reason I tried to find some more background information on HengZhi but I apperantly mixed something up.

I wish you and your Team a lot of success with HengZhi and I’ll keep an eye on Hengzhi for sure.

With my kindest regards I remain,

Consolum AG
G.J. Peters

CEO
Switzerland