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H.E.R.O.’s Journey in Tech (4 September 2018) – Delta Electronics cumulative LED streetlamp shipments reach over 600,000

H.E.R.O.’s Journey in Tech (4 September 2018) – Delta Electronics cumulative LED streetlamp shipments reach over 600,000

Companies

  • Shin-Etsu to boost silicone output by 50% as new rules and trade war hit China rivals; Japanese chemicals major to spend 110bn yen to disperse production (Nikkei)
  • Tencent-Backed movie ticketing service Maoyan files for Hong Kong IPO (Technode)
  • Chinese home improvement platform Tubatu heads for $200M HK IPO (KRA)
  • JD CEO’s arrest steps on governance landmine (Reuters); Richard Liu, high-flying CEO of JD.com, has fostered ‘clean’ reputation (Reuters); JD goes into ride-hailing (Technode)
  • ‘Made in China 2025’ companies slump as subsidies taper; Contemporary Amperex Technology Ltd. and BOE Technology Group — the world’s largest producers of automotive batteries and liquid crystal displays — reported sharply lower profit (Nikkei)
  • Delta Electronics and GM want to speed up electric-car charging (DT); Delta Electronics cumulative LED streetlamp shipments reach over 600,000 (Digitimes)

BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung

  • Alibaba Cloud to scale down US expansion efforts (Technode)
  • Alibaba-Backed Souche Raises $578 Million in New Financing; The online car-trading service is valued at almost $3 billion; Souche is trying to build a software suite for car dealers (Bloomberg)

FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google

  • In India, Google races to parry the rise of Facebook (Reuters)
  • Amazon’s pricing tactic is a trap for buyers and sellers alike; The retailer’s behaviour parallels financial groups’ lending practices pre-2008 crash (FT)

Asia Tech & Innovation Trends

  • A look at Toutiao’s $75b valuation: Warranted premium or overpriced stock? Is Toutiao’s $75b valuation justified or just a hype? (KRA)
  • South Korea allots first money from $9bn start-up fund: Seoul aims to boost growth areas including drone tech and AI to stay competitive (FT)
  • Berkshire Hathaway’s Deal With Paytm Is A Game Changer For India’s E-Commerce (Forbes)

Global Tech & Innovation Trends

  • The Risk of a Vicious Funding Circle in Fintech; High hopes and valuations have a habit of bumping into reality. (Bloomberg)
  • PayPal disrupts $2.5b gift card market with digital shopfront (AFR)

Life

  • John Malone: ‘I told Warren Buffett not to invest in Bill Gates before Microsoft went public’ (Telegraph)
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