H.E.R.O.’s Journey in Tech (3 October 2018) – Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model + 35 Quotes on Design That Will Fuel Up Your Creativity
October 3, 2018 Leave a comment
H.E.R.O.’s Journey in Tech (3 October 2018) – Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model + 35 Quotes on Design That Will Fuel Up Your Creativity
Companies
- Tencent Music Plays Spotify Rhythms to a Facebook Beat; Social is the foundation of the Chinese spinoff’s revenue model. (Bloomberg); Tencent streaming music arm files for $1bn US listing; Chinese market leader sets in motion IPO on heels of group restructuring (Nikkei, WSJ)
- Chinese OTA Tongcheng-Elong’s IPO could be worth up to $5.5b (KRA)
- Japan online flea market operator Mercari hires large number of non-Japanese grads (Japan Times)
- Automated optical inspection (AOI) equipment specialist Machvision saw its third-quarter revenues climb to a record high of NT$965 million (US$31.6 million), representing a whopping annual increase of 160.98% and a sequential growth of 31.11% (Digitimes)
- Kakao to spin off e-commerce unit for expansion (Investor)
BATTSS – Baidu, Alibaba, Tencent, TSMC, Softbank, Samsung
- Jack Ma, Alibaba’s VIEs and that US$120bil market cap plunge (Bloomberg)
FAANNMG – Facebook, Amazon, Apple, Nvidia, Netflix, Microsoft, Google
- Facebook’s Foray Into the Dating Scene Looks Like No Match for Match (Bloomberg)
- Netflix, Amazon Forced to Fund European Video Under New Rule (Bloomberg)
- If Amazon Wants to Buy Lions Gate, the Price Tag Is Going Up (Bloomberg)
- If Apple Shifts Production To The U.S., Taiwan’s Tech Hub Will Suffer (Forbes)
- How Google Plans to Win Cloud Gaming’s Future (Barron’s)
Asia Tech & Innovation Trends
- How China’s Peer-to-Peer Lending Crash Is Destroying Lives; Hundreds of platforms have collapsed, and many savers can’t get their money back. (Bloomberg)
- B2B marketplace Ralali.com branches out with its own e-wallet (e27)
- ‘Unicorn’ Canva reports maiden profit in second half of 2017 (AFR)
Global Tech & Innovation Trends
- Data Factories (Stratechery)
- Roku Is Getting Big Enough to Be a Buyout Target. Here’s Who Might Want It (Barron’s)
- Construction Tech Startups Drawing Investors; As an industry, construction has been among the slowest to adopt digital technologies. (WSJ)
- Slack has made its biggest acquisition to date (qz)
Life
- Hong Kong Freezes Company Chairman’s Assets in $1.3 Billion Fraud Case; Regulator suspects the chairman, whom it doesn’t name, of a publicly listed company colluded in two deals (WSJ); Huarong and the Chung Nam Network (Webb)
- How to Shape Remarkable Products in the Messy Middle of Building Startups (First Round)
- 35 Quotes on Design That Will Fuel Up Your Creativity (Prototypr)
Bamboo Innovator 