H.E.R.O.’s Journey in Tech (21 September 2018) – Daifuku introduces advanced airport facility + Podcast: Rocky Marciano’s Fight for Perfection in a Crooked World

H.E.R.O.’s Journey in Tech (21 September 2018) – Daifuku introduces advanced airport facility + Podcast: Rocky Marciano’s Fight for Perfection in a Crooked World

Companies

  • Daifuku introduces advanced airport facility (Yahoo)
  • Japan clothing magnate Maezawa chases spot in business firmament (Reuters)
  • Low-end e-commerce platform Pinduoduo enters high-end grocery delivery (Technode)
  • Wang Xing, founder of Meituan Dianping, has seen his net worth surge to $5.3 billion after the initial public offering of the food delivery giant (Bloomberg); Meituan IPO shows how to tempt investor appetites (Reuters); Wang Xing: the graduate school dropout behind China’s Meituan Dianping meal-delivery empire (SCMP)
  • Getac announces the K120 fully rugged tablet for public safety agencies (Digitimes)
  • PCB firm Zhen Ding subsidiary starts trading on SZSE (Digitimes)
  • Diode firm Eris puts increased focus on protection components (Digitimes)

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

  • Alibaba’s AI Unit To Launch Hospitality Robots In October (CMN)

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

  • Amazon’s New Promise Is ‘Alexa Everywhere’ (Barron’s); Amazon’s New Microwave: ‘Alexa, Please Defrost My Chicken’; New offerings include Alexa-enabled chip that manufacturers can install to control basic appliances (WSJ); Amazon Unveils New Devices to Power Smart Home With Your Voice (Bloomberg); Amazon adds Echo devices for home and car in bid to dominate voice gadgets (Reuters)
  • Apple and Amazon at a Trillion $: Looking Back and Looking Forward! (Damodaran)
  • Amazon Prime Video’s India mantra: “Variety is what sticks with viewers” (qz)
  • How Amazon plans to battle Walmart in India (CNN)
  • The Prime Effect: How Amazon’s Two-Day Shipping Is Disrupting Retail; The quest to offer fast, free delivery has triggered an arms race among the largest retailers (WSJ)
  • Amazon Investment in India Ties Into Retail Chain; Deal could give the online retailer a claim to the more than 500 stores of Aditya Birla Retail (WSJ)
  • Amazon’s Delivery Drones May Not Hurt UPS and FedEx After All (Barron’s)
  • Amazon Could Spend $3 Billion on ‘Go’ Stores, Analyst Says (Bloomberg)
  • Instagram is the most harmful social network for your mental health; Only YouTube had a net-positive effect among the respondents (qz)
  • Apple Watch Should Pave Way for More Medical Gadgets, FDA Says (Bloomberg)
  • Alphabet Backs GitLab’s Quest to Surpass Microsoft’s GitHub (Bloomberg)

Asia Tech & Innovation Trends

  • China’s Cross-Border E-Commerce Payment Platform PingPong Raises $102M Series C Round (CMN)
  • President and CTO of internet data analysis company iResearch “disappear” for investigation about fabricating market data, especially in TV ratings. (Technode)
  • A peek into China’s fast-changing mobile marketing scene (Technode)
  • Twitch confirms it’s been blocked in China (TNW)
  • Is Chinese E-Commerce Moving Down Market? (Forbes)
  • China’s rising memory chip leader won’t try to ‘crash the market’; State-backed Yangtze Memory at vanguard of Made in China 2025 says ‘We are no copycat’ (Nikkei)
  • Japanese e-payment startup Origami adds UnionPay as investor (Nikkei)
  • Market Kurly operator secures W67b investment (Investor)
  • Buffett’s Indian pick Paytm aims to build financial-services empire; Digital payments startup looks to profit by bringing small shopkeepers online (Nikkei)

Global Tech & Innovation Trends

  • Today’s Hot Eventbrite IPO Is a Bet on the ‘Experience Economy’ (Barron’s); Eventbrite Surges in Market Debut; Gain gives ticketing and event-services company a valuation near $3.4 billion on fully diluted basis (WSJ)
  • Square is considering offering investment and savings products through its Cash App (Recode)
  • Smart Showers, Brainy Tubs: The Rise of the High-Tech Bathroom (WSJ)
  • Online Luxury Goods Hub Farfetch’s IPO Raises $885 Million (Bloomberg)
  • Medtronic Agrees to Buy Mazor Robotics in $1.6 Billion Deal (Bloomberg)
  • At This High-Tech Farm, the Boss Is an AI-Powered Algorithm; Bowery Farming says its proprietary software can top the intuition of a seasoned farmer. (Bloomberg)
  • Chip Stock Anxieties Revived After Micron Sales View Falls Short (Bloomberg)
  • This Is the Weirdest Driverless Vehicle You’ve Ever Seen (Bloomberg)
  • Yelp Soars to Three-Year High as Wall Street Warms Up to Brand (Bloomberg)
  • Uber in talks to buy food delivery firm Deliveroo: Bloomberg (Reuters)
  • Robocall infestation demands robot solution (Reuters)
  • Adobe to buy marketing software firm Marketo for $4.75 billion (Reuters)
  • Silicon Valley Waits as China’s Unicorns Race to Public Markets (Bloomberg)

Life

  • Podcast #442: Rocky Marciano’s Fight for Perfection in a Crooked World (AOM)
  • The decline and fall of Chinese Buddhism: how modern politics and fast money corrupted an ancient religion (SCMP)

H.E.R.O.’s Journey in Tech (20 September 2018) – Koh Young Technology Highlighted Meister System at Semicon Taiwan + 14 lessons from Steve Jobs for all startup founders

H.E.R.O.’s Journey in Tech (20 September 2018) – Koh Young Technology Highlighted Meister System at Semicon Taiwan + 14 lessons from Steve Jobs for all startup founders

Companies

  • Trend Micro address regional challenges with managed security service launch (CNA)
  • 111 Inc.’s Xu Weihao: Online Healthcare Platform With Govt To Tackle China’s Medical Problems (CMN)
  • Xiaomi CEO on the ‘life-and-death’ changes he’s making (TIA)
  • Unit Of Debt-Ridden HNA Faces ‘Uncertainties’ In Buying China’s E-Commerce Site Dangdang (CMN)
  • Looking back on the eve of Meituan IPO; Meituan’s ups and downs, and its eventual success. (KRA); Downbeat stock market dampens retail enthusiasm for Meituan Dianping’s US$4.2 billion IPO in Hong Kong (SCMP); Meituan IPO Fact-Checks Mobike’s Fanciful Numbers; The prospectus paints a much different picture. (Bloomberg)

  • Southeast Asia’s production gains speed as China slows; Delta Electronics plans to turn affiliate Delta Electronics (Thailand) into a subsidiary to spread out its production bases, which are concentrated in mainland China and vulnerable to U.S. tariffs (Nikkei); NTU and Delta Electronics to expand joint research efforts in smart technologies (Eureka)
  • Getac launches new tablet for public safety agencies (AMAR)
  • Koh Young Technology Highlighted Meister System at Semicon Taiwan (iconnect)
  • Workforce management software company Damstra is readying for an ASX listing next year. (AFR)
  • Financial technology business Iress has integrated its Xplan financial advice software with Moneyinfo. (FTA)

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

  • Jack Ma sets out his New Manufacturing vision as Alibaba announces dedicated chip unit (SCMP)
  • Foreign, Korean Investors Duke It Out Over Samsung Electronics (Bloomberg)

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

  • Amazon Forecast to Be No. 3 Digital Advertising Player in 2018; Tech giant expected to surpass Verizon’s Oath and Microsoft, according to new eMarketer estimates (WSJ); Amazon Increases Ad Market Share at Expense of Google, Facebook (Bloomberg)
  • Amazon’s Shadow Continues to Loom Over Auto-Parts Retail (Barron’s)
  • Amazon Thinks Big, and That Doesn’t Come Cheap; If the e-commerce giant goes ahead with thousands of cashierless stores, it will cost a fortune. Still sure about those profit forecasts? (Bloomberg)

Asia Tech & Innovation Trends

  • AI will drive next wave of development in human civilization: SenseTime CEO Xu Li (Technode)
  • Hong Kong’s appeal as tech hub hammered by spiralling office rents and high salaries (SCMP)
  • India’s Livspace raises $70M for its one-stop-shop for interior design (Techcrunch)
  • Go-Jek acquires Indonesian adtech startup Promogo, introduces Go-Vend and Go-Ice; The acquisition enables Go-Jek drivers to earn extra income by having brands advertise on their vehicles, and even provide product samples in cars (e27)
  • Indonesian B2B marketplace Ralali raises US$7M for Thailand expansion; Led by Japan’s SBI Group, the round also saw participation from Addventures and startup incubator-cum-investor Digital Garage (e27)
  • Indonesia’s Newest Unicorn Eyes Top Slot With Help From Kiosks (Bloomberg)
  • Cotton On learns secret to online payments in Malaysia; Online sales now represent about 10 per cent of total sales of $2 billion and online penetration is as high as 15 per cent for brands such as Cotton On Kids. (AFR)

Global Tech & Innovation Trends

  • Strap on the Fitbit: John Hancock to sell only interactive life insurance (Reuters)
  • Why Yelp Could Rise 200% (Barron’s)
  • How Artificial Intelligence Can Help Companies Surf the Wave of Big Data (Barron’s)
  • Broadcom Stock Is a Cash Machine and Might Belong in Your Portfolio (Barron’s)
  • Expedia Group is working with the Thai government to list more hotels outside the country’s biggest tourist hot spots on its platform, encouraging tourists to venture beyond places like Bangkok and Phuket. (Nikkei)

Life

  • 14 lessons from Steve Jobs for all startup founders (TIA)
  • The Demise of Blockbuster, and Other Failure Fairy Tales; When big companies collapse, the story is never simple (Medium)
  • How We Spend Our Days Is How We Spend Our Lives: Annie Dillard on Choosing Presence Over Productivity (BP)

H.E.R.O.’s Journey in Tech (19 September 2018) – Delta Electronics Shrinks Power Supply with Transphorm’s High-Voltage GaN FETs + Seneca quote on endurance

H.E.R.O.’s Journey in Tech (19 September 2018) – Delta Electronics Shrinks Power Supply with Transphorm’s High-Voltage GaN FETs + Seneca quote on endurance

Companies

  • Trend Micro Launches Managed Detection and Response Service in Singapore and APAC (BI)
  • Illinois-Based Daifuku Wynright Picks Hobart for Manufacturing Complex and Growth (OAOA)
  • Kakao Games calls off IPO (Investor)
  • Taiwan government mulls additional incentives for Taiwanese manufacturers to leave China; Delta Electronics, New Kinpo Group, and Merry Electronics have began to switch some of their Chinese manufacturing to Southeast Asia. (Taiwan News)
  • Innodisk Moving at Full Speed towards IoT Integration at InnoTrans 2018 (PRNews)
  • Sigurd enjoys strong high-end chip probing demand (Digitimes)
  • Delta Electronics Shrinks Power Supply with Transphorm’s High-Voltage GaN FETs (Business Wire)

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

  • Alibaba’s incoming chairman puts data at heart of business (Nikkei)
  • What Alibaba’s investments say about its plans for the future (TIA)
  • Jack Ma says it’s his responsibility to let Alibaba go, warns of protracted US-China trade war (SCMP)
  • Of the 10 companies worth more than $100 billion that analysts predominantly rate as buy, Tencent has by some distance had the worst 2018 (Bloomberg)
  • Tencent releases open platform to help drive AI projects at other companies (SCMP)

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

  • Microsoft introduces HoloLens to businesses through Dynamics 365 apps (Reuters)

Asia Tech & Innovation Trends

  • China Tech Inc.’s Annus Horribilis: Fully Charged (Bloomberg)
  • China’s tech boom leaves wide rich-poor chasm (Nikkei)
  • China’s Waymo challenger Pony.ai hits the accelerator to speed up to a robotaxi fleet of 200 (SCMP)
  • Luxury e-commerce in China has loads of room to grow, thanks to the country’s tech-savvy, cash-rich millennials (SCMP)
  • Octopus’ transport payment monopoly under threat? – 8 in 10 passengers would pay by e-wallet or QR code if they had the option, claims Visa (SCMP)
  • Indian patient-doctor platform DocPrime gets $50M for city expansion (Techcrunch)
  • China Goes for Broke in Indonesian E-Commerce: Mainland tech giants are snapping up online-retail startups, but it’ll be hard to make a profit. China’s internet giants have stakes in four of Indonesia’s five largest e-commerce operators (Bloomberg)

Global Tech & Innovation Trends

  • Why Zillow Addicts Can’t Look Away; Brokers say that Zestimates can be off base, but that doesn’t stop sellers from obsessing over what the website says their home is worth. (NYT)
  • Walmart is borrowing luxury’s playbook to gain an edge on Amazon in fashion (qz)
  • Food delivery start-up Postmates cracks $1bn valuation; Unicorn status reached after latest $300m fundraising. Postmates expects its footprint to grow from about half of US households now to 70-75 per cent by year’s end (FT)
  • The 3D fine print (Forbes)
  • The Tension Is Building Between Spotify and the Music Industry (Bloomberg)
  • World Economic Forum Takes On China Tech Regulation; Its Center for the Fourth Industrial Revolution will serve as a think tank and testing ground for emerging-technologies policy (WSJ)
  • Indigo Raises $250 Million to Bring Tech to Big Agriculture (Bloomberg)
  • Set Free by Naspers, African TV Giant MultiChoice Plots Path (Bloomberg)
  • Zalando’s Real Problem Isn’t Sun. It’s Amazon: Reliance on third-party labels leaves it vulnerable to comparison shopping. (Bloomberg)
  • ASML optimistic about litho equipment demand in China (Digitimes)
  • Microcontroller Fortunes Rise with IoT (EETimes)

Life

  • Lessons From Da Vinci on Work and Life. (Medium)
  • Predicting the Future with Bayes’s Theorem (Farnam Street)
  • Seneca quote on endurance (VIW)
  • Seeking unpredictable value creation (II)
  • Future Founders, Here’s How to Spot and Build in Nonobvious Markets (First Round)

H.E.R.O.’s Journey in Tech (18 September 2018) – UUUM: The importance of change in accordance with the times + Mirror Worlds: or the Day Software Puts the Universe in a Shoebox…How It Will Happen and What It Will Mean

H.E.R.O.’s Journey in Tech (18 September 2018) – UUUM: The importance of change in accordance with the times + Mirror Worlds: or the Day Software Puts the Universe in a Shoebox…How It Will Happen and What It Will Mean

Companies

  • UUUM: The importance of change in accordance with the times (Techcrunch)
  • For Lifull president Takashi Inoue, emerging tech and a touch of altruism are key to success (Japan Times)
  • Hikvision – Sanctions Threaten to Shoot Down China’s Spyware Star: A rare homegrown global leader runs into a U.S. backlash. (Bloomberg)

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

  • Alibaba says New Retail strategy is paying off as Hema shopper data shows bigger average spending (SCMP)
  • Fund transfers between Alipay and WeChat Pay around the corner as Hong Kong launches faster payments service (SCMP)

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

  • Amazon Insiders Are Doing Business for Themselves; Employees are stealing internal company information for their private gain. Sound familiar? (Bloomberg)
  • Nvidia Going All Robot, All the Time (EETimes)

Asia Tech & Innovation Trends

  • Speculative funds repeatedly trigger circuit breakers as Chinese start-ups endure volatile Wall Street trading (SCMP)
  • ‘Made In China 2025’: a peek at the robot revolution under way in the hub of the ‘world’s factory’ (SCMP)
  • AI has far-reaching consequences for emerging markets (SCMP)
  • India’s Ola forays into New Zealand in latest overseas push (Reuters)

Global Tech & Innovation Trends

  • Twitter Sinks After Analyst Flags Accounting ‘Smoke and Mirrors’ (Bloomberg)
  • How Pinterest Became an $11 Billion Company by Organizing the World’s Hobbies (PH)
  • Zalando cuts guidance after summer heatwave lingers (Reuters)
  • IKEA’s services platform TaskRabbit expands to Canada (Reuters)
  • Self-Driving Cars Can Handle Neither Rain nor Sleet nor Snow; To help autonomous vehicles solve inclement conditions, WaveSense will sell a sensor that can see below the ground. (Bloomberg)
  • Naspers Plans New Listing of Pay-TV Unit to Focus on Internet (Bloomberg)

Life

  • From lab to leader: How consumer companies can drive growth at scale with disruptive innovation; In the era of “fast products” and digital disruption, delivering growth requires putting in place new predictive consumer-growth capabilities, including innovation, based on speed, agility, and scale. (McKinsey)
  • Mirror Worlds: or the Day Software Puts the Universe in a Shoebox…How It Will Happen and What It Will Mean (Amazon)

H.E.R.O.’s Journey in Tech (17 September 2018) – 8K Miles & the Minority Shareholder + The Messy Middle: Finding Your Way Through the Hardest and Most Crucial Part of Any Bold Venture

H.E.R.O.’s Journey in Tech (17 September 2018) – 8K Miles & the Minority Shareholder + The Messy Middle: Finding Your Way Through the Hardest and Most Crucial Part of Any Bold Venture

Companies

  • Tencent-backed news app Qutoutiao triggers circuit breaker five times as it jumps 128 per cent in volatile Wall Street debut (SCMP)
  • Grahamites Reflections on JD.com: Lessons learned from my investment (GF)
  • As its trading debut looms, China’s Meituan locked in battle of super-apps (Reuters)
  • 8K Miles & the Minority Shareholder (Kimi)

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

  • EM technology sector cut down to size as BATs reclassified; Index revamps will see IT stocks scattered as financials reclaim pole position (FT)

  • Alibaba’s Taobao jumps on short video bandwagon, launches stand-alone app to drive e-commerce (SCMP)

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

  • AI, VR and fintech in focus as Microsoft takes on its first Aussie start-ups (AFR)
  • AI chip war heats up as Nvidia targets smart farm machinery; US company partners with Yamaha Motor as battle with Intel grows beyond car chips (Nikkei)
  • Apple Plans Another Death Blow to the Phone Carriers; Even if they don’t come in this week’s iPhone launch, virtual SIMs look inevitable. (Bloomberg)
  • Google Knows Where You’ve Been, but Does It Know Who You Are? (NYT)

Asia Tech & Innovation Trends

  • China’s Silicon Valley Dream Bumps Against Reality; Integrating Hong Kong and mainland cities won’t be easy. (Bloomberg)
  • ‘Winter is coming’ for China’s private market investors as economy slows, forcing many to adjust strategies (SCMP)
  • China bet big on quantum computing. Now the US races to keep up. (CNN)
  • Automation fails to win China convenience store war (Nikkei)
  • Chatbots helping pull Hong Kong insurers into the digital world. Just don’t ask them for sympathy (SCMP)
  • India Should Let Data Roam Free: Forcing companies to store locally will only hurt consumers and startups. (Bloomberg)
  • Taking Offline Online: Paytm Mall aims to rival Amazon and Flipkart by offering competitive pricing and fast deliveries from offline stores in small cities (OB)
  • Go-Jek in Talks to Raise at Least $2 Billion in Funding (Bloomberg)

Global Tech & Innovation Trends

  • Uber to Invest Over $150 Million in Toronto Driverless Car Hub (Bloomberg)
  • An Estonian Startup Is Undercutting Billion-Dollar Gaming Stores (Bloomberg)
  • Time Magazine Acquired by the Benioffs, Founders of Salesforce.com (Bloomberg)
  • Michael Burry: Where the Value Isn’t: Investor talks about accounting tricks used by tech companies (GF)
  • Robinhood Investing App Secretly Makes Millions Selling Millennials’ User Data To HFT Firms (ZH)
  • Tesla’s Biggest Investor Lacks Conviction in its Courage: Baillie Gifford’s endorsement of Tesla isn’t quite as glowing as you might expect. (Bloomberg)

Life

  • Scott Belsky – How to Conquer the Messy Middle (#336) (Tim Ferris); The Messy Middle: Finding Your Way Through the Hardest and Most Crucial Part of Any Bold Venture Hardcover – October 2, 2018 (Amazon)
  • The Trust Battery: My Interview with Shopify Founder Tobi Lütke [The Knowledge Project Ep. #41] (Farnam Street)

H.E.R.O.’s Journey in Tech (15 September 2018) – The next phase of semiconductor growth will not depend on smartphone sales: Tokyo Electron CEO + Leadership and Life Lessons from Amazon’s Jeff Bezos

H.E.R.O.’s Journey in Tech (15 September 2018) – The next phase of semiconductor growth will not depend on smartphone sales: Tokyo Electron CEO + Leadership and Life Lessons from Amazon’s Jeff Bezos

Companies

  • The next phase of semiconductor growth will not depend on smartphone sales: Tokyo Electron CEO (CNBC)
  • Taiwan flexible PCB firms expand market presence. Through the upcoming debut of its China-based subsidiary Avary Holding on the Shenzhen Stock Exchange (SZSE), Zhen Ding is expected to raise CNY3.6 billion (US$527.2 million). Flexium Interconnect has been engaged in the development of new technologies and products associated with 5G communication applications, and has obtained new orders for such high-margin products including communication management modules and high-frequency wireless transmission modules from both the notebook and handset sectors (Digitimes)
  • Citadel is a technology business that offers secure enterprise management software that helps people working in security, defence, healthcare and education make decisions with the right information. (MF)

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

  • How Jack Ma went from English teacher to tech billionaire (CNN)

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

  • Which Apple Suppliers Win, and Lose, From New iPhones (Barron’s)

Asia Tech & Innovation Trends

  • ByteDance to enter China’s long-form streaming video market, challenging iQiyi, Tencent Video (SCMP)
  • IT home service company ShanXiuXia hauls in 80M RMB Series B; Founded in 2015, ShanXiuXia is currently providing IT home repair services in 30 cities. (KRA)
  • Rare billion-dollar beast: Aussie tech unicorn Canva makes a profit (Age)

Global Tech & Innovation Trends

  • Here’s Why Yelp and Grubhub Could Keep Rising (Barron’s)
  • This $2 Billion HR Startup Wants To Humanize How Small Businesses Pay Their Staff (Forbes)
  • With no true competitive threats, wide-moat commercial real estate data provider CoStar Group is a borderline monopoly. (Morningstar)
  • MoviePass Woes May Be Opportunity for Competitors; Rivals seek to satisfy newfound demand for theatrical subscription option (WSJ)
  • Inside Deliveroo’s dark kitchens, the food delivery fight’s new front (Age)

Life

  • Leadership and Life Lessons from Amazon’s Jeff Bezos: Make three good decisions a day and no meetings before 10 a.m. (WSJ)

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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