H.E.R.O.’s Journey in Tech (26 July 2018) – Chat app Line gets serious about gaming with its latest acquisition

Companies

  • Chat app Line gets serious about gaming with its latest acquisition (Techcrunch)
  • JD.com gets regulatory nod for 30 percent stake in Allianz China (Reuters)
  • Will Diapers Dampen Chinese Shopping App Pinduoduo’s U.S. IPO Debut? (Forbes); Pinduoduo: social climber; Investors should think twice before joining Tencent in fight with Alibaba (FT)
  • Teaming up with information providers such as Thomson Reuters and NICE Information Service among others, DeepSearch was able to collect and process raw financial data, and make such data “touchable” (KH)

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

  • Daimler and China’s Baidu deepen automated driving alliance (Reuters)
  • Chinese boost for OYO Rooms? Tencent in talks to invest up to $500 mn (IBT)
  • Taobao leads the charge in a new ecommerce trend: livestreamed shopping (TIA)

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

  • Facebook’s Financial Facade Develops Cracks; Reality may finally be intruding on the company’s ability to mint money. (Bloomberg); Facebook’s growing pains give shareholders $140bn headache; Social network feels effects of privacy and regulation as market value slides (FT)
  • Amazon is primed for rapid growth (CNN); Amazon Expands Alexa’s Brain With Yext Business Services (Bloomberg)

Asia Tech & Innovation Trends

  • LCD price collapse drowns once-flying panel makers; Mass production by Chinese companies eats into profits at LG and Taiwan rivals (Nikkei)
  • Chinese peer-to-peer pioneer defends industry after wave of defaults creates panic among investors (SCMP)
  • How Hellobike is beating Mobike and Ofo in China’s smaller cities (SCMP)
  • Japan’s tiny sharing economy still in its infancy (Reuters)
  • Korea’s No. 1 Hotel App Buys Rocket-Backed Startup Zen Rooms; Yanolja invests $15 million in its Southeast Asian peer (Bloomberg)
  • Caregiver Asia on a tech-powered eldercare market in Singapore; Operating out of Singapore, Malaysia and the US, this caregiver and care seeker matching platform has seen positive results, says CEO Yeo Wan Ling. (KRA)

Global Tech & Innovation Trends

  • Grubhub CEO: Time to ‘Attack’ Faster Diner Growth (Barron’s)
  • TE Connectivity CEO Sees Sunny Skies Despite Tariff Jitters (Barron’s)
  • Trucks Shift Into Higher Gear With New Technology; From tires to cabs, big rigs are getting smarter with new systems aimed at getting trucks to run safer, more efficiently and with lower operating costs (WSJ)
  • Old-School Media Unite in Australia to Confront Netflix Era (Bloomberg)
  • In Netflix Battle, Captain Kirk Shows the Way; ITV is following U.S. broadcasters into video on demand, but it needs to go more boldly. (Bloomberg)
  • In yet another 2018 IPO, the freelancing startup Upwork has filed to go public (Recode)

Leave a Reply

Your email address will not be published. Required fields are marked *