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H.E.R.O.’s Journey in Tech (10 September 2018) – Japan’s Recruit employs AI to stop workers from quitting

H.E.R.O.’s Journey in Tech (10 September 2018) – Japan’s Recruit employs AI to stop workers from quitting

Companies

  • Digital media upstarts step up assault on Japan’s news business; Uzabase’s NewsPicks’ paid subscriber base has been growing fast, though it still comes to only about 74,000 (Nikkei)
  • Japan’s Recruit employs AI to stop workers from quitting (Nikkei)
  • Taiwanese firms losing interest in China: MOEA; a string of Taiwanese electronics firms including Delta Electronics, New Kinpo Group, and Merry Electronics have began to switch some of their Chinese manufacturing to Southeast Asia (Taiwan News)
  • Xero to hero: Accounting platform finds its feet as Rod Drury steps back (Age)

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

  • As Jack Ma Prepares to Move on, Here’s a Look at Alibaba’s Journey (Bloomberg); Jack Ma’s Letter to Staff on His Retirement: Full Text (Bloomberg); Alibaba’s Jack Ma: Smart People Need a ‘Fool’ to Lead Them (Bloomberg); Jack Ma to unveil Alibaba’s succession plan, paving the way for younger talent to take over (SCMP); Meet Daniel Zhang, the ‘free and unfettered spirit’ who will succeed Jack Ma as Alibaba’s chairman (SCMP)

Asia Tech & Innovation Trends

  • Online insurance start-up OneDegree raises HK$200 million to fund push to cover Hong Kong’s dogs and cats (SCMP)
  • OKEx blowout exposes soft underbelly of lightly regulated cryptocurrency transactions (SCMP)
  • A short history of the QR code in China and why Southeast Asia is next (Technode)
  • They’re the king of lock-screen advertising. Next stop: world domination (TIA)
  • Go-Jek fuels digital content strategy by backing online media firm Kumparan (KRA)

Global Tech & Innovation Trends

  • Former Coles Myer CEO Dennis Eck says the rise of e-commerce giants such as Amazon has reshaped the retail landscape and paved the way for the rise of micro-brands in consumer goods that are able to build a presence very quickly. (AFR)

Life

  • The Shadow Side of Greatness: Many of the qualities that make people great have shadow sides as well. (James Clear)
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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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