Category Archives: mobile

Ant Financial: a global payment monster – Ben Cavender

China’s internet companies have turned around payment systems dom estically. Now they are turning to global market, says retail analyst Ben Cavender to Cryptocoinnews. Alibaba’s Ant Financial now is setting up a war chest to conquer those global markets.

China: going fully cashless – Ben Cavender

China might have invented the paper money, it is most likely also the first one to go fully cashless, says retail analyst Ben Cavender to Motherboard. “People basically run their lives through smartphones in China.”

Why our startups do not focus on the US, yet – William Bao Bean

Shanghai-based VC William Bao Bean explains why the China startups he supports focus on South-East Asia and Eastern Europe, rather than the US. “We are trying to break the grip of Google and Facebook on startups.”

Fintech experts at the China Speakers Bureau

From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.

Three China consumer predictions for 2017 – Jeffrey Towson

Chinese consumers are becoming a force to be reckoned with. Often erratic, but massive because of their size, says business professor Jeffrey Towson on this first #ChinaConsumer vlog. Three predictions on where to watch this force of the future on hyperadoption and mobile.

PBOC promises for fintech and startups – Andy Mok

Business analyst Andy Mok has nine take-away’s from this week’s central bank’s press conference. Fintech and startups got priority from the government, he writes in CGTN, and they prepare for global expansion. But domesticallly virtual currencies and digital payment systems are kept under control to avoid capital flight.

Breaking the stranglehold of Google and Facebook on mobile apps – William Bao Bean

Making money on mobile apps is – despite their popularity – almost impossible. Taiwan-based MOX and Shanghai-based Chinaccelator try to break the stranglehold of Google and Facebook on this industry, says William Bao Bean, managing director of both, to Tech in Asia.

Why most startups should avoid China – William Bao Bean

It sounds odd to hear from the managing director if the Chinaccelator in Shanghai, but William Bao Bean sees it as a success when startups decide to avoid the China market and explore other markets. “Interestingly enough, the greatest help that Chinaccelerator can give to start-ups considering China is convincing them otherwise,” he tells Inc-ASEAN.

A business model helps successful app Meitu – Jeffrey Towson

Meitu, with 450 million users a leader in China’s selfie apps and a growing following overseas, helps to beautify those selfies. But having a good idea is not enough, says Peking business professor Jeffrey Towson to AFP. Having a business model helps.

Ant Financial’s strategy to go global – Ben Cavender

Alibaba’s Ant Financial investment of US$200 million into the Korean mobile payment service Kakao Pay illustrates how the leading Chinese payment platform want to gain global dominance, says business analyst Ben Cavender to Reuters. Buying into strong local players is smarter than competing with them.