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H.E.R.O.’s Journey in Tech (18 December 2018) – The Art of Waiting: Reclaiming the Pleasures of Durational Being in an Instant Culture of Ceaseless Doing

H.E.R.O.’s Journey in Tech (18 December 2018) – The Art of Waiting: Reclaiming the Pleasures of Durational Being in an Instant Culture of Ceaseless Doing

Companies

  • China’s Ctrip says US trade war discouraging tourism; Chief of online travel portal hopes to stem share price fall with domestic market boost (FT)
  • Seven-Eleven tries out a store in Tokyo with unmanned payment system (Japan Times)
  • Traveloka has bought Indonesian rival Pegipegi, two others for US$66.8m; Recruit Holdings, which recently acquired the jobs and recruitment platform Glassdoor, cited Southeast Asia’s competitive OTA market as the reason behind the sale. (KRA, TIA)

Asia Tech & Innovation Trends

  • China’s Billionaire Factory Faces New Risks in Trump Era (Bloomberg)
  • Angry customers of Chinese bike-sharing pioneer Ofo queue up at Beijing office for deposit refund (SCMP)
  • No Uber or Airbnb in South Korea: Red tape, risk-aversion hobble start-ups (Reuters)
  • Byju’s targets global expansion for its digital education service after raising $540M (Techcrunch); Naspers leads $540 million investment in Indian tech startup (Reuters)
  • Cashback app ShopBack taps offline opportunities in Singapore; It’s following a large number of online retailers who have already started growing an offline presence. (KRA)
  • Aeon teams with Go-Jek in new Southeast Asian drive; Japanese retailer looks to Indonesian ride-hail startup to go beyond physical stores (Nikkei)
  • How the music played in bars and shops is listening to you; QSIC provides the technology to read patrons faces and select music; uses artificial intelligence to “listen” to environments and autonomously adjusts the volume of individual s (Age)

Global Tech & Innovation Trends

  • Hate Shopping? New Texting Services Will Simplify Your Life; A new trend-shopping via text-takes off as frequent shoppers bemoan the complexity of ‘traditional’ e-commerce (WSJ)
  • UK augmented reality start-up Blippar collapses into administration (FT)

Life

  • The greater your own internal fire is, the more people will want it. They will ignite their own fires. They will try to light up their own dark caves. The universe will bend to you.”
  • The Art of Waiting: Reclaiming the Pleasures of Durational Being in an Instant Culture of Ceaseless Doing (BP)
  • Is corporate governance in Singapore on a downward trajectory? (BT)
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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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