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H.E.R.O.’s Journey in Tech (5 April 2019) – How billionaire debutant Sanjeev Bikhchandani built himself a fortune; The new-age tycoon and founder of Info Edge has earned himself a a reputation to match

H.E.R.O.’s Journey in Tech (5 April 2019) – How billionaire debutant Sanjeev Bikhchandani built himself a fortune; The new-age tycoon and founder of Info Edge has earned himself a a reputation to match

Companies

  • Alibaba-backed influencer platform Ruhnn takes a dive after Nasdaq debut (KRA)
  • Cash-hungry news app Qutoutiao raises another USD 33m via public offering; The firm just had raised USD 171m from Alibaba (KRA)
  • After booking huge loss, Tencent-backed Huya plans a share sale to raise USD 550m (KRA)
  • Toei Animation: Dragon Ball Celebrates 30th Anniversary with Massive Wave of Merchandise (MW)
  • Trend Micro’s Industrial IoT Joint Venture, TxOne Networks, Offers Sneak Peek of Solution to Securing Industrial Machinery (AO)
  • How billionaire debutant Sanjeev Bikhchandani built himself a fortune; The new-age tycoon and founder of Info Edge has earned himself a a reputation to match (Forbes)
  • MakeMyTrip unveils in-app live travel gameshow ‘Knock Knock’ (Forbes)
  • VGI in Bt4.6 bn deal with Plan B to boost clout in outdoor advertising (Nation)

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

  • Tencent partners with two banks in cloud business push (Technode)
  • Tencent raises $6 billion in bond sale; proceeds for general purposes (Reuters)
  • Samsung’s profit drops 60% on slump in panels and chips (Nikkei)
  • Masayoshi Son Finds an Easy Way to Make $1 Billion a Year; The SoftBank tycoon’s move into alternative investing is smart, but the sheer size of his Vision Fund might make it harder to deliver U.S. exits. (Bloomberg)

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

  • How start-ups have used Instagram to build $1bn businesses; Mattress company Casper and beauty brand Glossier leverage social media marketing (FT)
  • Amazon says Alexa can now handle private patient information (MW)
  • Amazon reportedly readying its Alexa-powered answer to AirPods (TC)
  • Amazon puts a dent in Google’s ad dominance (MW)
  • How Apple Arcade and other subscriptions could save-or sink-indie games; For better or worse, Netflix-like gaming services are a new wrinkle for independent creators. (FastCo)
  • Microsoft Joins Tech Race to Clean Up Shipping With Big Data (Bloomberg)
  • Netflix, Amazon and Disney fight for India’s online audience; The streaming giants are having trouble getting Indians to pay for content (Economist)

Asia Tech & Innovation Trends

  • Freshcode hits home run in Korean food delivery scene (Investor)

Global Tech & Innovation Trends

  • A Thriving Software Company You’ve Probably Never Heard of Has Beaten the Dow for a Decade (Barron’s)
  • Tradeweb Jumps in Debut After 2019’s Second-Biggest U.S. IPO (Bloomberg)
  • Snapchat launches Mario Party-style multiplayer games platform (TC); Snapchat eyes mobile gaming in an effort to woo users; New features aim to stem churn as group fails to turn a profit (FT)
  • Wattpad, an online reading room, wants to print books; The Canadian startup thinks it can foretell which ones will sell (Economist)
  • AI’s Nemesis is Cloud Storage Economics (EET)
  • Walmart Unveils Voice-Activated, Google-Powered Grocery Shopping (Bloomberg)
  • SeatGeek Fills New Enterprise Role as Overseas Opportunity Grows (Bloomberg)

Life

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