These netizen mostly spending on travel and accommodation online to boost the countries growing e-commerce markets. This is mostly in part of the rise of low cost carriers such as AirAsia which made the web its primary means of buying air tickets especially during sales.

Malaysians on estimate, spends around RM 6000 per year on e-commerce according to the survey.

Also according to the survey, security is the most important factor that enables e-commerce. We here in Entrepreneurs.my also believe that e-commerce will have a resurgence in the year 2011.

Startupweekend is where people come together to start companies over the weekend and StartupDigest is a curated email based on countries on what cool events you should attend.

According to wikipedia, in 2005, Time magazine included her in its annual list of the 100 most influential people in the world.

• Major News and Report on Mixi Meetup 2010: Social App Platform for Smartphone Users & Mixi Partners With Renren and CyWorld – 3 Asian Major Social Networks Cooperate.
• Itochu Technology Ventures Invests $2 Million In Ooyala’s $22 Million Series D Round: The investment made on Ooyala has an impact on a video-related start-up in US called BrightCove. Serkan navigates us thru the story and explains why this is an interesting development in Japan for another space.
• ComScore’s report on Malaysia’s News Site: We discuss the top news site on Malaysia based on a recent ComScore report. We also examine whether we can trust the numbers from ComScore and the traffic they claimed on portals in Asia with their methods of sampling internet traffic.
• Skype gives out 30M minutes for calls for EID: For the festive season of Hari Raya, Skype gives away 30M minutes of calls.
• The stupid thing about angels making entrepreneurs pay to pitch: The panel chatted about a recent article in Malaysia on Virtual Investments Group (vic) response about entrepreneurs being asked to pay for pitch. We appeal to some VCs to being so low class in coming up with this kind of stupid schemes like paying to pitch for entrepreneurs.
• Events: (a) Accelerate – 22-23 Sep 2010, (b) Social Media World Forum Asia – 22-23 Sep 2010, (c) SeedCamp Singapore, (d) Barcamp JB, (e) Barcamp Phnom Penh – 25-26 Sep 2010, and (f) Barcamp Singapore 6 (9-10 Oct 2010) & Barcamp Bangkok (23-24 Oct 2010). One last thing: AsiaJin Meetup in Hackerspace SG (25 Sep 2010).

• The aftermath of Steve Jobs Apple Keynote on 1 Sep 2010: Asia’s response to the new products rolling out – iOS 4.1 and apps, iPod upgrades for Shuffle, Nano and Touch, iTunes 10 and their social network for music, Ping and Apple TV. We also review how well Asia received the keynote via the web during the event.
• Panel discussion on Twitter and Gree Japan: The panel discuss the difference between Twitter Japan and elsewhere and also some thoughts about the Twitter and Gree Japan on how the outside engages Japanese.
• Social Networks & Mobile 3G in India: Google Orkut and Facebook are battling out for the users. The panel discuss the SMS type services that are similar to Twitter, for example, GupShup and how 3G is starting out in India. They also compare to the markets in Indonesia and India.
• Blackberry and India Government: Is the Domino effect with different governments demanding local servers and capability of monitoring happening?
• Top 50 Apps in Asia for Accelerate: We got the final 50 apps for the coming conference Accelerate organized by E27, Neoteny Labs & SingTel on 22-23 Sep 2010.
• The premlinary rulings for Fusion Garage & TechCrunch have been released. We examine the implications of the ruling for the whole event.
• Koprol and TV Ads: Smithy shares how Koprol’s TV ad in Indonesia have worked for them.
• September Socials with April Yim & Chew Lin

: We got April Yim and Chew Lin on their project – a crowdsourcing platform to find dates in Asia. So, we hear from them how the whole thing came about and how it works.

Other stories we have discussed together with Craig:

• MyGengo raised funding from 10 angel investors
• Groupon acquires QPod – Japan Groupon Clone

As one of his more recent update states there are 9 Malaysian firms who are listed under the Forbes Best Under A Billion, we shall look at some entrepreneurs and business tycoons in Malaysia that you should follow on twitter.



Tony Fernades
His Bio States: CEO of AirAsia, Founder of Tune Group, Loyal West Ham fan, Principal of Lotus F1 team; Entrepreneur; Dreamer
Why you should follow him: There is no excuse for not knowing who Tony is and the companies he runs. He tweets about his experiences with Lotus F1 and some stuff on AirAsia.

Jason Lo
His Bio States: Musician, Rocker, Producer, Tune Talk CEO, Rock The World, Chelsea fan, love everybody and Kit Kat.
Why you should follow him: From his days singing Evening News to CEO of Tune talk, Jason is someone who has been involved with many projects such as MyTeam a football reality show and not forgetting his effort in promoting local musical talents with Rock the World series.

Bob Chua
His Bio States: Entrepreneur, investor, mentor, blogger, marketer, biker, cigar chomper, tiger, sailor and owner of www.planet-pulse.com
Why you should follow him: Founder of Pulsegroup which went from startup to public listed company in 18 month, Bob is the poster child of MSC Malaysia. (you can literally see his huge poster at MSC HQ). He is also an angel investor and recently founded Virtuous Investment Circle.

Kid Chan
His Bio States: Entrepreneur, photographer, blogger listed in 100 People You Must Know In Asia, KIDCHAN is available for commission worldwide. I eat fried frogs:)
Why you should follow him: Photographers of the celebrities and celebrity photographer, Kid Chan is a regular in the Twitterverse.

Brian Wong
His Bio States: The Meandering Tweets of a Serial Entrepreneur, Blogger and Fun-Seeker.
Why you should follow him: One of the co founders of Catcha and now he is a motivational and internet marketing guru. He is very into the Law of Attraction ala The Secret.

Patrick Grove
His Bio States: Entrepreneur.Online.Media.Asia
Why you should follow him: Patrick has been in the online and publishing scene for a long time with the formation of Catcha Corp, one of Malaysia earlier dotcom company. Currently Catcha runs magazine such as Juice and Stuff. He is also sits at the board of director for Iproperty.com.my

Peter Pek
His Bio States: Founder of Social Media management startup @Sociax, Reality TV Judge, Radio Talk Show Host & Rotarian
Why you should follow him: Peter Pek was the judge of the Firm(an Apprentice clone) and a PR guru. His recent interest includes social media and how to utilize it for business.

For more updates on all things business and entrepreneurs follow us at @myentrepreneurs

How does it work?

This is not the very first Groupon clone. Sites such as MyDeal.com.my are already out for a while. The advantage of YouthSays’ effort is the fact they have a huge database of 248,420 youth looking for a bargain or two.

Perhaps the saturation of youth marketing sites or experts, we see how YouthAsia(owner of both Youthsays and Groupsmore) is diversifying from their once cash cow of doing survey and market intelligence for bigger brands such as Nike and Celcom.