Watch out for Chinese Internet IPOs

Remember Dangdang and Youku? Both companies (respectively the “Amazon” and “Youtube” of China) succesfully went public in the US last December.

They seem to have opened the door for a number of other Chinese Internet companies IPOs - 15-20 Chinese companies are rumoured to have US IPO plans in 2011. Among them you can find Qihoo 360 and NetQin Mobile: both companies offer software security.

The latter may also exemplify what the future generation of Chinese technology companies may look like: headquartered in Beijing and funded by Western venture capital firms, most of its employees are involved in R&D between their Hong Kong, Beijing and Silicon Valley offices. Last but not least, the firm can count on a strong partnership with the world’s largest telecom operator (China Mobile) to take its market segment by storm.