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

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)

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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