US discount retailer Costco made a blast this week in Shanghai with the opening of their first flagship store. Can it succeed where Carrefour, Amazon, Tesco, and others give in to domestic and online competition, wonders branding expert Ashley Dudarenok.
Category Archives: Shanghai
The US discount retailer Costco made a blast when it opened its first flagship store in China this week. Business analyst Sara Hsu see it as a way to keep costs down when tariffs go up during the ongoing trade war, she tells the Vancouver Star. Solid sales to Chinese consumers could keep costs in check for US consumers too. If they succeed in China.
Shanghai-based MOX (Mobile Only Accelerator) works from different places in the world, including Taipei. Taiwan offers an excellent launching platform for ventures who look for international expansion into the rest of Asia, says MOX managing director William Bao Bean, according to the News Lens.
Mobile has become a key tool, even to buy food on the street. Business analyst Shaun Rein takes NBC’s Richard Engel shopping, even to Alibaba, the front running when it comes to the new retail. How China equals the Post Second World years in the US.
US president Donald Trump fired another salvo in the trade war on the story three major Chinese banks participated in breaking the sanctions on North-Korea. A part of Trump’s political game, says Shanghai-based business analyst Shaun Rein in the South China Morning Post.
The tech giant Alibaba listing on the Hong Kong stock market is already a sign things are changing for the US markets, and the ongoing trade war will stop many Chinese firms to list in the US, as they did in the past, especially when a bill by US Senator Marco Rubio is adopted or not, says Beida accounting professor Paul Gillis in Forbes.
Protecting intellectual property is a main issue for foreign companies in China, and William Bao Bean, managing director of the Chinaccelator in Shanghai gives a few tips on how to avoid problems. First, run faster and execute better than your competitors, so they have no time to copy your IP. And, second, split up your intellectual property is several pieces, so there is not one key to your intellectual castle, he explains at China Canvas.
Wall Street is going to be the next casualty in the trade war after it moved from tariffs to tech, says Beijing-based analyst Andy Mok in the New York Times. Corporate…
Major industries like travel, retail, automotive, telecom and others see their traditional business models changing very fast. At Shanghai-based SOSV managing director William Bao Bean helps startups to make money in new ways, based on data, and capture fast emerging markets, he tells at the Phocuswright Europe conference in Amsterdam last week. Companies should not cling to melting margins, but identify where money can be made, he argues.