Category Archives: innovation

Local VC’s got hit by another China winter – William Bao Bean

China’s economic slowdown has mainly hit local VC’s, says William Bao Bean, managing director of the Chinaccelerator, at OZY.com. A government crackdown on risky investments and the fallout from the trade war is hitting the industry after the 2017-2018 boom.

Alipay, WeChat at last opened for foreigners – Shaun Rein

Alipay and WeChat, China’s largest payment options, opened their services for foreign credit card holders, and it was about time too, says Shanghai-based business analyst Shaun Rein, author of the bestseller The War for China’s Wallet: Profiting from New World Order to the South China Morning Post.

Fintech experts at the China Speakers Bureau (updated)

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.

Understanding the consumer in China – Ben Cavender

Understanding the consumer in China is tough for most foreign companies entering this competitive market, says retail analyst Ben Cavender. There is no escape from shopping here, as retail is fully integrated into daily life. “China is where all the future trends are happening,” he says.

How Trump helps China’s innovation – Shaun Rein

China veteran Shaun Rein explains at the WSJ Tech Live conference how the policies of US President Donald Trump help China companies to focus on their own innovation instead of buying technology in the US.

Tech replaces manufacturing and real estate at rich list – Rupert Hoogewerf

China’s Hurun rich list is signaling yet another economic shift, says Hurun chairman Rupert Hoogewerf at CNN. This time the rich from tech firms are replacing those from manufacturing and real estate, according to the latest annual rich list.

Bytedance: beyond Baidu, Alibaba and Tencent – Ashley Dudarenok

Marketing expert Ashley Dudarenok dives into the fast-changing landscape of China’s internet, especially Bytedance. The relative newcomer has become an established player next to the old trinity of Baidu, Alibaba, and Tencent (BAT). She looks at some of Bytedance’s major operations: Jinri Toutiao and Douyin, and Bytebance’s international expansion for Asia Times.

Why multinationals eye incubators for a competitive edge – William Bao Bean

China’s competitive landscape is changing fast, and the blooming incubators for startups offer multinational a much-needed edge in local competition, says William Bao Bean, managing director of the Chinaccellator in Shanghai to Forbes. “When you’re under pressure and local players are taking market share from you, you look to innovation.”

Jack Ma’s departure: a loss for Alibaba – Shaun Rein

Alibaba will not be the same after its charismatic chairman Jack Ma has left, says business analyst Shaun Rein, according to the China Daily.” “I’m not sure that people want to meet Daniel Zhang in the same way they want to meet Jack Ma.”

How SOSV became Asia’s no. 1 accelerator – William Bao Bean

VC William  Bao Bean explains at MOX in Taipei how his firm SOSV became the no.1 accelerator in Asia, globally investing in 150 startups every year in multiple verticals.