H.E.R.O.’s Journey in Tech (9 April 2019) – Subscription Is Blowing Up Aussie Traditional Models ; 76% is how much Microsoft ‘s cloud-computing business grew sales last year

H.E.R.O.’s Journey in Tech (9 April 2019) – Subscription Is Blowing Up Aussie Traditional Models ; 76% is how much Microsoft ‘s cloud-computing business grew sales last year


  • Transsion, NetEase-backed music-streaming service Boomplay raises $20 million (Technode)
  • Daifuku Pockets Indian Material Handling Equipment Maker Vega (CE)
  • Shopee starts charging commissions in Vietnam as part of monetization plan (KRA)
  • Zomato’s revenue soars on robust food delivery business; Zomato spent US$500 million in expenses over the year, dwarfing the US$80 million worth of expenses it recorded in FY 2018. (TIA)

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

  • Youku still needs two more years to compete with Tencent Video and iQiyi, says company president (KRA)
  • Tencent doubles down on healthcare, tests medical services on WeChat (Technode)
  • Tencent is adding medical services to WeChat in its industrial internet push (KRA)
  • WeChat opens up tagging function for ads on social Moments section (Technode)
  • Tencent’s WeGame X service soft launches worldwide (Technode)
  • SoftBank buys stake in hyper-accurate US weather service; Potential demand for real-time forecasts seen in airline and insurance sectors (Nikkei)

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

  • FAANG’s $800 Billion Rally Has Mom and Pop Investors Cashing Out (Bloomberg)
  • Amazon goes into luxury beauty (AFR)
  • Apple’s Health Opportunity Could be Triple Smartphone Market (Bloomberg)
  • Cybercrime groups continue to flourish on Facebook (TC)
  • 76% is how much Microsoft ‘s cloud-computing business grew sales last year (Barron’s)

Asia Tech & Innovation Trends

  • Panda TV’s demise makes way for gaming giant Tencent to dominate live streaming too (SCMP)
  • Aeon to use facial recognition at 80 China self-serve stores; Smart supermarkets anticipate customer purchases upon store entry (Nikkei)
  • Azoop, a second-hand truck trading service operator, raises 450 million yen to transform 15 trillion yen of transportation industry with IT (TC)
  • Who was first to launch 5G? Depends who you ask (Reuters)
  • Ola to Oyo: An emerging breed of internet-age Indian companies have global ambitions (Forbes)
  • Why One Startup Founder Turned Down a $1.1 Billion SoftBank Deal (Bloomberg)
  • Australian regulators cautiously embrace AI to boost compliance; Markets watchdog begins trials designed to tackle misconduct and improve regulation (FT)
  • Power grid not ready for spike in electric vehicles (Age)
  • In Southeast Asia, a land without Uber has an Uber for everything (SCMP)

Global Tech & Innovation Trends

  • Pinterest seeks $11.3bn valuation in New York IPO; Online scrapbooking site plans to sell 75m shares at a price range of $15 to $17 each (FT)
  • Subscription Is Blowing Up Aussie Traditional Models (CDOT)
  • Roblox hits milestone of 90M monthly active users (TC)
  • Spotify’s new ad metrics show what listeners do after they click (TC)
  • The Argument For Schwab’s Subscription Model (Barron’s)
  • How we get to the next big battery breakthrough (qz)
  • Uber, ahead of IPO, sees some time before self-driving cars dominate the road (Reuters)
  • The Future Of Enterprise Voice AI Is Genderless, In Your Car And (Hopefully) More Secure (Forbes)
  • Investors should beware the behemoths rushing to market Lyft, Uber and Airbnb impress in almost every respect – but they do not make money (FT)
  • Afterpay inspires US rival Sezzle to list on ASX (AFR)
  • Call centres are set to go the way of the typing pool, according to the founder of pioneering UK job automation software company Blue Prism, but fears of a pending human jobs apocalypse are over blown. (AFR)
  • Deliveroo’s subscription service shakes up $2.6b market (AFR, Age)
  • The dawn of the deep tech ecosystem (BCG)
  • Lyft Is Angry About Lockups (Bloomberg)
  • This free software automates bankruptcy to help people clear their debts (FastCo)
  • Avaya to Plan Auction After Getting Unsolicited Interest (Bloomberg)



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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