ChinaSprout's Founder Wins "Outstanding 50 Asian Americans in Business Award"
Award Recognizes Xiaoning Wang’s Remarkable Achievement and Contribution to the Economy
For Immediate Release
June 30, 2004
New York, NJ – June 30, 2004 - Xiaoning Wang, the founder of ChinaSprout.com, is recognized as an outstanding Asian entrepreneur and announced as a winner of the “3rd Annual Outstanding 50 Asian Americans in Business Awards.” The program sponsored by the Asian American Business Development Center defines and highlight the most successful Asian businessmen and businesswomen of the year with their contributions to the local community, workplaces, as well as the US economy.
Over the years, the awards program honored many praise worthy outstanding Asian American entrepreneurs. Ms. Wang with her exceptional personal and business background is certainly a well deserved award honoree. Being born and raised in Beijing China, and having worked for IBM in China, Dresdner Bank in Germany, and CNBC in the US, Ms. Wang is an excellent example of many successful Asian Americans in Business contributing to the greater American society.
“I am delighted and honored to receive this prestigious award,” said Ms. Wang. “The award not only recognizes my personal achievement as a businesswoman in the Asian community, but also it validates the success and strategic vision of Chinasprout as a promising company in the e-commerce arena.”
Ms. Wang founded ChinaSprout.com in summer of 1999. She came up with the unique concept of ChinaSprout after meeting with American parents who have adopted children from China and were eager to learn about Chinese culture. Seeing this as a perfect business opportunity to exuberate her personal and professional experience, Ms. Wang started her ChinaSprout.com.
Although ChinaSprout was founded during the height of the Internet Boom economy, it did not fail like many other web-based companies. Because of her extensive professional and business background, Xiaoning knew what she had to do to keep her business alive and thriving. Unlike many other dot.com companies, Chinasprout did not have a huge start-up expense. She printed up flyers and handed them out at a cultural festival to market and promote the launch of their website. And the business took off with word-of-mouth amongst the community of these American families with adopted Chinese Children.
At its inception, ChinaSprout provided resources to both teach and learn about Chinese culture. Today, ChinaSprout offers the most comprehensive collection of unique Chinese cultural and educational products, as well as community services, available on-line and in print catalog. Given the success and demand of Chinese language and culture learning materials, Ms. Wang is busy at making plans to expand the business off-line to the educational market including public schools, libraries, museums, and more.
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ChinaSprout's unique products and services have gained great interest and attention from the press. ChinaSprout has already been covered by CNN, BBC World, World Journal, Fortune Small Business, the New York Daily News, Newsday, Crain’s New York Business, New York Magazine, and Far Eastern Economic Review. Xiaoning was also the winner of the Working Woman Entrepreneurial Excellence Award in 2001, as well as the proud winner of the 2003 Fast Track Signature Award from the National Association of Women Business Owners – NYC Chapter.
ChinaSprout was created to satisfy the increasing demand among families who had adopted children from China, for educational and cultural materials. It provides resources to both teach and learn about Chinese culture. Upon celebrating its first anniversary, it became clear that ChinaSprout was needed to fulfill the needs of a much broader virtual community, which included not only adoptive families, but also newly immigrated Chinese, Chinese American, and anyone who is interested in Chinese culture. For more information, please visit www.chinasprout.com.
