Quotes from internet tycoons and investors at WIC

Cao Guowei, chairman and CEO of Sina, and chairman of Sina Weibo

Social e-commerce and online celebrity e-commerce via social media is bringing profits to the e-commerce industry, Cao said.

Brands born and popularised on social platforms can quickly promote consumption from internet users and generate strong economic benefits, said Cao.

The online celebrity has become a tag of the new economy, and will bring great economic effects in the future, Cao said.

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