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H.E.R.O.’s Journey in Tech (1 November 2018) – Daifuku awarded automated warehouse contract for UK’s leading pet food manufacturer + How Knowledge of Difficulties Lends Confidence

H.E.R.O.’s Journey in Tech (1 November 2018) – Daifuku awarded automated warehouse contract for UK’s leading pet food manufacturer + How Knowledge of Difficulties Lends Confidence

Companies

  • Daifuku awarded automated warehouse contract for UK’s leading pet food manufacturer (SHDL)
  • Chat app Line’s games business raises $110M for growth opportunities (Techcrunch)
  • iStyle’s “@cosme store” Opening in Large Shopping Mall in Hong Kong near Mainland China (BI)
  • Japan’s Gree taps Bilibili to promote virtual stars in China (Nikkei)
  • Online fashion retailer Zozo simplifies measurement process; Disappointing Q2 earnings leave investors wary of private brand venture (Nikkei)
  • ‘The Story of Yanxi Palace’ drives iQiyi revenue as profits remain elusive (Technode)
  • Indonesia’s wifi modem rental entity PT Yeloo Integra Datanet Tbk (Passpod) (KRA)

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

  • Baidu Is Building an AI Mousetrap; Investing in this area won’t cure the search giant’s advertising habit, it’ll only make it worse. (Bloomberg)
  • Ford, Baidu to start self-driving road tests in China (Reuters)
  • Jack Ma writes his final letter to shareholders as Alibaba chairman. Here’s the full text (TIA)
  • Tencent sees focus of internet development shifting from consumers to business in next two decades (SCMP); Pony Ma sets out Tencent’s industrial internet ambitions as it looks to China’s future economy (SCMP)

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

  • Apple Pay Struggles to Meet Heady Expectations; Not the disruptive force imagined, payment system finally gaining traction where it counts (Bloomberg)
  • Netflix Gives Films Exclusive Theatrical Run Ahead of Streaming (Bloomberg)

Asia Tech & Innovation Trends

  • After A Torrid Year, Notable Chinese Tech IPOs Stumble (Crunchbase)
  • Chinese bike-sharing pioneer Ofo denies filing for bankruptcy (SCMP)
  • Startup Bets It Can End Japan’s Love Affair With Cash Payments (Bloomberg)
  • Why Indonesian e-commerce company Bukalapak is looking offline to stimulate online growth (SCMP)
  • Deliveroo expanding delivery-only kitchens throughout Australia (AFR)

Global Tech & Innovation Trends

  • Uber’s Valuation Is Insane (Medium)
  • Intel’s iPhone supply deal leaves PC makers facing chip shortage (Nikkei)
  • Why Lam Research Stock Could More Than Double (Barron’s)

Life

  • How Knowledge of Difficulties Lends Confidence (TSOL)
  • Tchaikovsky on Depression and Finding Beauty Amid the Wreckage of the Soul (BP)
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