H.E.R.O.’s Journey in Tech (23 April 2019) – Nearmap doubles valuation to $1.5b in three months; Every company Disney owns: a map of Disney’s worldwide assets

H.E.R.O.’s Journey in Tech (23 April 2019) – Nearmap doubles valuation to $1.5b in three months; Every company Disney owns: a map of Disney’s worldwide assets


  • Chinese e-sports platform DouYu files for U.S. IPO (MW)
  • Chinese Surveillance Camera Maker Hikvision Sees Growth Slow in 2018 and 1Q2019 (Caixin)
  • TETCO, Trend Micro sign MOU to boost digital security solutions in Saudi schools (SG)
  • istyle China Opens @cosme Official Online Store on China’s Largest General Trade E-commerce Website Tmall (NK)
  • Netmarble stock price jumps as BTS hits another Billboard No. 1 (Investor)
  • Nearmap doubles valuation to $1.5b in three months (AFR)
  • Australians embracing robo-advisers; In October 2018, IRESS launched its first automated advice platform for WA Super. (AFR)

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

  • Ant Financial’s money market fund Yu’e Bao shrinks to new low (Technode)
  • Tencent pilots new anti-game addiction program that will lock out young gamers (KRA)
  • Samsung delays foldable phone launch after display troubles (Nikkei)

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

  • Your iCloud is actually AmazonCloud (qz)
  • Bezos Disputes Amazon’s Market Power. But His Merchants Feel the Pinch; In recent years, third-party sellers have found it harder to compete and are paying Amazon a bigger chunk of their take. (Bloomberg)
  • Amazon Launches Free Music Streaming to Juice Alexa-Device Sales (Bloomberg)
  • Microsoft delves deeper into IoT with Express Logic acquisition (TC)

Asia Tech & Innovation Trends

  • China’s AV edge? It’s the infrastructure (Technode)
  • Chinese start-ups join rush to launch IPOs on Shanghai exchange’s new tech board (SCMP)
  • Toyota to tie up with major Chinese automaker on fuel cell vehicles (JT)
  • Panasonic cuts Tesla risk to stem further bleeding (Nikkei); Tesla and Panasonic freeze spending on $4.5bn Gigafactory (Nikkei); Panasonic shares surge in stark contrast to Tesla’s (Nikkei)
  • How AI can make the world a safer place (TIA)
  • Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia (TC)
  • Go-Jek introduces e-commerce feature Go-Mall in partnership with JD; Go-Jek users can browse for goods ranging from electronics to fresh groceries. (KRA)
  • Tokopedia introduces innovative social e-commerce feature (KRA)
  • Singapore talking with more electric car companies after Dyson, but Tesla apparently not among them (JT)

Global Tech & Innovation Trends

  • Dassault Eyes U.S. Acquisitions Including Medidata (Bloomberg)
  • Porsche CEO Eyes Cooperation With Chinese Technology Giants (Bloomberg)
  • Big Data Won’t Build a Better Robot (Bloomberg)
  • Audioburst raises $10M to build AI-powered infotainment systems for cars, ad solutions (TC)
  • Spotify, Universal Music Group, and the Question of Tech vs. Content (Barron’s)
  • America’s Biggest Supermarket Company Struggles With Online Grocery Upheaval (WSJ)
  • Nvidia says Tesla ‘inaccurate’ in self-driving comparison (MW)
  • ‘People will die’: Sceptics doubt Elon Musk’s promise that self-driving Tesla robo-taxis will be on the road by 2020 (Age)
  • This new US airport screening camera would see too much (qz)
  • Uber Questions (Stratechery)
  • Every company Disney owns: a map of Disney’s worldwide assets (TM)
  • What Are Lyft, Uber, and Other Tech Startups’ IPOs Worth? It’s Anyone’s Guess. (Barron’s)
  • Qorvo Stock Will Rally Because It Will Thrive in a 5G World, JPMorgan Says (Barron’s)
  • Take-Two Is the Videogame Stock to Beat and Has Huge Upside, Analyst Says (Barron’s)
  • ‘Persuasive technologies’ prompt child health fears; Companies need to get ahead of the issue before regulators do (FT)
  • Move over TikTok: Bits is the new app that wants to launch comedy stars (FastCo)
  • In the cloud: Why project planning unicorn Asana is watching Australia closely (Age)
  • Tech Platforms Love Moving Fast — Except When Their Users Are in Trouble (Medium)
  • Career-focused startup Zippia raises $8.5 million in Series A to use artificial Intelligence to help job seekers (PRNW, TS)


  • The Intangibles of Assessing Management Quality (SN)
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