H.E.R.O.’s Journey in Tech (1 March 2019) – “If one knew but one-half the difficulties an artist has to surmount. the public would be less ready to censure him for his shortcomings or slow advancement. The only remedy I know is patience with perseverance, and these are always sure, with a real honest love for art, to produce something.”

H.E.R.O.’s Journey in Tech (1 March 2019) – “If one knew but one-half the difficulties an artist has to surmount. the public would be less ready to censure him for his shortcomings or slow advancement. The only remedy I know is patience with perseverance, and these are always sure, with a real honest love for art, to produce something.”

Companies

  • China’s iFlytek net profits up 21.62 pct in 2018 (XHN)
  • Anime site Bilibili quadrupled monthly paying users in 2018 (Technode)
  • 360 Finance plans to take on Pinduoduo with foray into social e-commerce (Technode)
  • NetEase said to start large scale layoffs to “optimise business” (KRA)
  • Amazon, Comcast, EA join list of Nexon bidders (Investor); Nexon Shorts Build Up Massive $422 Million Bet Against Buyout (Bloomberg)
  • A Billionaire Forged in Free Fire, the Fortnite of Singapore; Even though last year’s net loss widened to $961 million, investors are betting that Sea’s costly expansion into e-commerce will complement its gaming arm (Bloomberg)

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

  • Tencent said to be considering partial acquisition of Universal Music Group (KRA)

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

  • Apple shipped 9.2M Apple Watch units in Q4 2018 to capture half of market (AI); Apple’s Aetna deal hints at the future of health-and the Apple Watch (FastCo)
  • Amazon thinks AI will help solve its counterfeits problem (CNN); Amazon unveils self-service tool for brands to take down counterfeit listings; Amazon unveils Project Zero that gives brands a self-service tool to take down counterfeit listings (SCMP)
  • Why this $42b fund manager has given up on Amazon; “When you look at their core US e-commerce business, which is the vast majority of their revenues, we’ve seen, for about seven or eight quarters, a deceleration in that growth.” (AFR)
  • How Netflix Nearly Lost Its Footing During the Recession and What It Did to Recover (Medium)
  • Inside the secretly effective-and underrated-way Netflix keeps its shows and movies at the forefront of pop culture (FastCo)

Asia Tech & Innovation Trends

  • Robots are taking over China’s food service industry, and making it better (TN)
  • How Huawei’s Foldable Mate X Can Be Apple’s Nightmare In China (Forbes)
  • Chinese Car Sales Startup Chehaoduo Raises $1.5B From The SoftBank Vision Fund (CB)
  • OLED will go mainstream and surpass LCD displays: LGD CTO (Investor)

Global Tech & Innovation Trends

  • Forget the FAANGs. Pay Attention to the Highflying PUTINs. (Bloomberg)
  • Mirakl raises $70 million to manage the marketplace of your e-commerce website (TC)
  • ClassDojo, an app to help teachers and parents communicate better, raises $35M (TC)
  • Monk’s Hill portfolio company ELSA raises US$7 million Series A; ELSA uses artificial intelligence to hear mistakes in pronunciation and offer very specific corrections (e27)
  • Stop limiting quantum computing to speed (TC)
  • Disney Is Reportedly Eyeing AT&T’s Stake in Hulu as a Dizzying M&A Run for Media Continues (Barron’s)
  • Emerson is larger in the “process automation” arena. Rockwell instead relies more on “discrete automation,” meaning its products are used to automate individual factory processes-like integrating a new robot in an car factory to install windshields (Barron’s)
  • Workday Stock Is Rising Because Subscriptions Keep Rolling In (Barron’s)
  • Regulatory showdown awaits for Big Tech – but who gets the job? Pressure is growing on both sides of the Atlantic for giants’ dominance to be curbed (FT)
  • Dell returns to public markets with inscrutable numbers (MW)
  • Spotify takes next step towards world domination as it enters India (AFR)
  • Online shopping algorithms are colluding to keep prices high; new algorithmic pricing programmes are becoming far more sophisticated than the original revenue management systems because of developments in artificial intelligence (AFR)
  • Chip Roadmap Looks Dark, Bumpy; Resists under pressure to deliver fine features (EE Times)
  • Zūm Raises $40M To Help Schools Save Money On Transportation (CB)
  • Tesla closing retail stores in shift to online-only sales strategy (TC)
  • Can ride-pooling service Via catch up to Uber and Lyft by being the friendly alternative? (FastCo)
  • E-Commerce Holdout Marshalls Is Finally Embracing the Internet (Bloomberg)

Life

  • “If one knew but one-half the difficulties an artist has to surmount. the public would be less ready to censure him for his shortcomings or slow advancement. The only remedy I know is patience with perseverance, and these are always sure, with a real honest love for art, to produce something.” (BP)
  • The Perils of Investing Idol Worship: The Kraft Heinz Lessons! (Damodaran)
  • Aligning Business Models to Markets (KC)
  • Will accountants become the weavers of the 21st century? (AT)
  • Status as a Service (StaaS) (EW)
  • Why Visionary Leadership Fails (HBR)
  • The Nature of Technology: What it is and How it Evolves by Brian Arthur (Blas)
  • How to pick technology winners; Some of today’s innovations will become as prevalent as smartphones. Others, such as jet packs, won’t take off. Three factors can help you tell which are likely to succeed. (SB)
  • Podcast #486: How to Get Better at Making Life-Changing Decisions (AOM)

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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