H.E.R.O.’s Journey in Tech (23 April 2018) – Tencent Music Plans IPO; Valuation Could Exceed $25 Billion + The Most Valuable Investment Skill: Learning to identify super talented people before everyone else does is one of the most valuable skills to develop.


  • Tencent Music Plans IPO; Valuation Could Exceed $25 Billion; shares of other Tencent-backed companies that have listed in New York have traded down since their IPOs on weaker-than-expected performance (WSJ)
  • Ping An Good Doctor’s US$1.12b IPO set to reignite Hong Kong listings market (SCMP); New Hong Kong Tech Darling Hawks IPO With Rare Valuation Metric; loss-making Good Doctor seeks valuation of up to 9.38x forecast 2019 sales (Bloomberg)
  • How Afterpay’s Nick Molnar taps into Millennials’ spending habits and wallets (AFR)
  • Mediatek: Hey Alexa, Which Chipmaker Found Life After Smartphones? It’s now in your home. Talking to you. (Bloomberg)
  • Lenovo Drives China Tech Slump as Fallout From ZTE Ban Spreads (Bloomberg); World’s Worst Tech Stock May Lose Its Index Status (Bloomberg)

  • Hot Hong Kong IPOs to the Rescue; Tencent and Ping An have lost momentum. Spin-offs may be a catalyst for more gains. (Bloomberg)

  • Topband – 拓邦股份点评报告:局智能物联,业绩维持增长 (Stockstar)
  • Hearts United Group’s Digital Hearts to provide Ministry of Economy, Trade and Industry with security risk research report of SMEs (Kabutan)
  • Fiscal 2nd term business forecast of Miroku Information Service <9928> (Kabutan) + MJS and Fuji Xerox, solutions that share accounting evidences in the cloud (mynavi)

  • Fiscal 2nd Forecast Forecast of Start Today <3092> (Kabutan); Locondo and MagaSeak partner with ZOZOTOWN’s fashion EC alliance (Netshop)

  • SoftBank Puts the Flip in Flipkart (Bloomberg)

  • Vista Group, Global Leader in Film Industry Software, Continues to Impress, Presenting Unprecedented Technology Innovations at 2018 CinemaCon (DCT); Appointment of new CEO for Vista Entertainment (NZX)

BAT – Baidu, Alibaba, Tencent

  • Alibaba Gets its Smart Assistant Into Chinese Mercedes, Audis (Bloomberg)
  • Tencent launches ‘Fortnite’ in China; Blockbuster game set for battle royale, with the aim of being the last man standing (SCMP)

Asia Tech & Innovation Trends

  • Chinese tech companies spooked about becoming ‘next ZTE’; Ban on using US-made components would spell disaster for Huawei or Lenovo (Nikkei)
  • Singapore startup plays Uber to the container-truck trade; Over one in four hauliers here using the platform Haulio, which went operational last May (BT)
  • Qoo10 takes e-commerce fight to next level with bulked-up war chest (BT)
  • Robo-Taxis Are The Future Of Transportation — And China’s DiDi Is Racing To Get There First (Forbes)
  • Corporate funds will shake up Indonesian VC model; Injecting capital into a nascent market is no longer enough to succeed (Nikkei)
  • The decade-long battle for Fetch to build a pay TV challenger (AFR)
  • Online retailer Cashrewards banks Silicon Valley backing as market picks up pace (AFR)
  • In Japan, new rules may leave home-sharing industry out in the cold (CNA)
  • IDMs, Taiwan IC firms gearing up to develop car-use SiC power devices (Digitimes)
  • Construction robots in Japan weld, bolt, and lift to tackle worker shortage (JapanTimes)

Rogue Tech

  • iSelect shares dive over 60pc after earnings downgrade, CEO departure (AFR)

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

  • Google is launching an Android chat service to replace SMS (WaPo)
  • Who Has More of Your Personal Data Than Facebook? Try Google; Google gathers more personal data than Facebook does, by almost every measure-so why aren’t we talking about it? (WSJ)
  • Amazon to double down on groceries; foray deeper into fresh produce in India (Reuters)
  • Inside Microsoft’s Quest To Turn Minecraft Content Into A Business (FastCo)

Global Tech & Innovation Trends

  • Brooks Brothers suits up for the future with eye on online sales, millennials (NYT)
  • Forget Apple and Google, Plex is the best home for your digital life; Plex is for people who have drawers full of music CDs, a stack of digital albums, a mass of movies and TV shows, and an ocean of family photos and home movies. (AFR)


  • The Most Valuable Investment Skill: Learning to identify super talented people before everyone else does is one of the most valuable skills to develop. (IF)
  • Investing and Business Lessons from Aileen Lee (Cowboy Ventures) (25iq)
  • Baseball & Waiting for the Fat Pitch (Frank Martin)
  • What You Need to Succeed in Investing (Hint: It’s Not Genius Brain) (SN)

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