The 'Me Commerce' revolution is near

The year 2010 will mark the 15th anniversary of China's connection to the public Internet and 10th anniversary since the bursting of the first dotcom bubble.

One of the contributors to China's 1999-2000 Internet bubble - commencing with the June 1999 IPO of China.com and ending with the stock market crash in April 2000 - was talk of a consumer e-commerce revolution that was set to transform China's economy.

That never happened. And the early promise of China's pioneering e-commerce ventures such as 8848.com also failed to be realized.