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
April 5, 2019 Leave a comment
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