H.E.R.O.’s Journey in Tech (5 July 2018) – NCSoft, one of Korea’s leading online game publishers, invested 22 billion won (US$19.7 million) in visual effects firm 4th Creative Party

Companies

  • As Zozotown suits up, Japan’s online fashion revolution gathers speed (Reuters)
  • Toshiba pins hopes on niche semiconductor market; Mitsubishi Electric and Fuji Electric also expand capacity for electric car part (Nikkei)
  • From four-wheeler to propeller, JD in pursuit of unmanned logistics network: JD seeks to build a drone network and deliver all purchases to anywhere in China within 24 hours. (KRA)

  • China’s mobile streaming platform Yingke targets $152 million IPO despite declining user base (KRA)
  • NCSoft, one of Korea’s leading online game publishers, invested 22 billion won (US$19.7 million) in visual effects firm 4th Creative Party (Investor)

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

  • Baidu CEO Robin Li: We spend 15% of annual revenue on AI (KRA)
  • Alibaba and Guess team up to marry fashion and artificial intelligence in New Retail concept (SCMP)
  • Hong Kong online payments market proving a tough nut for AlipayHK to crack (SCMP)
  • Alibaba Makes Strategic Investment in Turkey’s Leading E-Commerce Platform Trendyol (LinkedIn)
  • Taobao Xinxuan: Alibaba’s entry into private label goods? (KRA)
  • Tencent kills Shazam: Innovation is the heart of every successful startup – but it alone can only take you so far. Entrepreneurs with budding ideas should be on the lookout for the right exit opportunities. (KRA)
  • South Korea May Force Sale of $13 Billion in Samsung Shares (Bloomberg)
  • Q&A with Samsung engineers on wind-free air conditioners (Investor)

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

  • Why We’ve Downgraded Apple’s Moat Trend (Morningstar)
  • How Smart Speakers Are Changing the Way We Listen to Music; With everyone from Amazon to will.i.am trying to get us to talk to their speakers, should listeners be excited, or worried? (Pitchfork)
  • Netflix turns to Bollywood to script India growth story (Reuters)

Asia Tech & Innovation Trends

  • Mobike returns $150m as bike-sharing competition heats up (FT)
  • China surpasses North America in attracting venture capital funding for first time as investors chase 1.4 billion consumers (SCMP)
  • Shanghai aims to raise US$15 billion in funds to gain an upper hand in AI development (SCMP)
  • Virtual fitting room sizes up markets in Japan, China and South Korea; Swedish startup Virtusize relocates to Tokyo to focus on e-commerce in Asia (Nikkei)
  • This newly funded S’pore startup lets you skip the clinic; With a new injection of $4.1 million, Doctor Anywhere intends to shake up the telemedicine sector (KRA)
  • S’pore e-comm firm Anchanto raises $4m Series C led by Indonesia’s MDI Ventures (KRA)
  • This Malaysian startup has 12m users worldwide. Here’s how it runs its 58-strong team; Founded in 2012, Piktochart is a visual communication tool for non-designers. (TIA)
  • A snapshot of Indonesia’s financial tech scene (KRA)

Global Tech & Innovation Trends

  • Uber and Lyft want to be about so much more than cars; The future of ride-sharing is moving beyond cars to include electric scooters, bikes, and even public transit as Uber and Lyft race headlong into “new modalities.” (CNN)
  • A Small Investment By Colgate In Hubble Reveals A Lot About The Future Of Grocery (Forbes)
  • Intel’s disruption, and the problem with every token pitch (FT)

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