Analysts believe both developments are realistic despite the extremely early stage of e-commerce in developing Asian nations such as Laos, Burma and Cambodia.

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Also, until recently, China lacked a reliable and cheap method of shipping packages, so the e-commerce industry has invested in developing one.

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In 2011 it co-founded e-Shang, a warehousing developer and operator based in Shanghai. e-Shang has grown from a portfolio of warehouses of 50, 000 square meters in 2011 to its current 1 million square meters of completed and developing projects, buoyed by the rapid growth of e-commerce in the country.

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Going forward, the three key areas for us are developing new algorithms for web search, mobile services products, and Yandex e-commerce platform.

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Sina continues to invest heavily in developing the Weibo platform and aims to monetize Weibo through socially-powered brand advertising and social recommendations to drive e-commerce sales.

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