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H.E.R.O.’s Journey in Tech (14 September 2018) – UUUM enters Instagram and acquires Lemonade’s Influencer One for 500 million yen + Munger and the Power of Persistence: The guru’s life has been full of tragedy, but this hasn’t stopped him from pursuing his dreams

H.E.R.O.’s Journey in Tech (14 September 2018) – UUUM enters Instagram and acquires Lemonade’s Influencer One for 500 million yen + Munger and the Power of Persistence: The guru’s life has been full of tragedy, but this hasn’t stopped him from pursuing his dreams

Companies

  • UUUM enters Instagram and acquires Lemonade’s Influencer One for 500 million yen; the number of Instagram creators who are registered to Influencer One is 2,800. Together with the 6,570 YouTube channels that UUUM currently supports, UUUM will support nearly 10,000 creators in the future. The number of monthly viewing times of UUUM’s YouTube channels has surpassed 4 billion times (August 2018) and boasts overwhelming strength in the field of YouTuber management. (Techcrunch)
  • iQiyi hopes to capture a slice of China’s silver economy with short video app Jin Shi (SCMP)
  • Chinese online chemist 111 looks beyond lacklustre Nasdaq debut to strong growth at wholesale unit (SCMP)
  • Tencent-Backed Personalized News App Qutoutiao’s IPO Downsized To $86M (CMN)
  • China’s Nio may be facing the same issues as Tesla, according to analysts; Chinese electric-car maker burns through a lot of cash and has ‘ambitious’ sales goals (MW); NIO’s Wild Ride May Blaze Trail for More U.S. IPOs From China (Bloomberg)

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

  • Ant Financial rolls out China’s first blockchain-powered electronic medical prescription service (Technode)
  • Alibaba-backed internet car startup Banma secures RMB 1.6 billion in first financing round (Technode)
  • What Taobao makers tell us about today’s China (Technode)
  • Tencent, Lego look to pull China’s games market out of the doldrums with new offering (SCMP)

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

  • The iPhone Franchise (Stratechery)
  • Why it’s smart for Apple to be the Christian Dior of tech (CNN); New Apple watch could take bite out of Swiss market (Reuters)

Asia Tech & Innovation Trends

  • Asia Tech Stocks Diverge From U.S., With Biggest Gap Since 1998 (Bloomberg)
  • Dashed hopes and expectations: Israeli startups view China with a wary eye (Technode)
  • China’s tech is addicted to debt (Technode)
  • Japan’s HiNative Q&A app for language learning hits 3.4M registered users, raises $6M (Bridge)
  • Epharmacies: Click to heal; The market for epharmacies is substantial but evolving a profitable business model will take time (Forbes)

Global Tech & Innovation Trends

  • How Procore Built The Cloud’s Hottest Unicorn By Bringing Software To Low-Tech Construction Sites (Forbes)
  • Is Software Eating Value Investing? (Ben Carlson)
  • Walmart’s purchase of Mexico food delivery app set to spur e-commerce (Reuters)
  • Spotify attracts eyes as well as ears with video ads (Reuters)

Life

  • Munger and the Power of Persistence: The guru’s life has been full of tragedy, but this hasn’t stopped him from pursuing his dreams (GF)
  • 21 Quotes That (If Applied) Change You Into a Better Person (Medium)
  • M&A costs to rise under proposed change to global accounting: Asian and European companies face billions of dollars in goodwill amortization (Nikkei)
  • Profitable, difficult, or important? (Seth)
  • Warren Buffett on P/E ratios and the future looking different from the present (VIW)
  • How Self-Reflection Can Help Leaders Stay Motivated (HBR)
  • Pixar’s Braintrust — Why It‘s Important for a Creative Culture (Prototypr)
  • Mental Models: Make Decisions You Don’t Regret (DF)
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