ESWN translates an article from Southern Metropolis Daily about a real-life version of the popular BBS Xici Hutong. Specifically, the post detailed the failure to create a “Xici Street District in Nanjing to provide Internet users with a place to gather and spend money.”
The photo above is taken from the district’s apology ceremony for relying on the “internet economy” too much and failing to become profitable.
Given that large housing estates have online presences in the form of large web portals, is it wrong that large BBSs also have physical presences? And what is the business model for one?