Photo-sharing 'relatively profitable'

Photo-sharing websites may be growing in popularity, witness Facebook's purchase of Instagram which made headlines last year, but how easy is it for companies to make money from users?

Soujanya Bhumkar is the chief executive of Cooliris, which recently launched a localised version of its photo-sharing app in China, allowing users to integrate their photos from Renren, which is often dubbed China's version of Facebook.

Asia Business Report's Rico Hizon asked Mr Bhumkar about the firm's China strategy.