H.E.R.O.’s Journey in Tech (5 October 2018) – Sinbon revenues hit record in September + Your Work Is the Only Thing That Matters (Ryan H

Companies

  • Chinese travel giant Ctrip partners with Splyt to push into international ride-hailing, setting up Didi clash (SCMP)
  • Mixi: This Company Had Most Lucrative Mobile Game Ever. Now It Needs a New Hit (Bloomberg)
  • Sinbon revenues hit record in September, driven by increasing sales in green-energy, communication and electronics peripheral products (Digitimes)
  • Info Edge’s Zomato to launch own digital wallet, aims to boost predictability of orders (BStd)

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

  • Alibaba’s Jack Ma is giving up ownership of Chinese entities – here’s what that means (SCMP)
  • Tencent, Alibaba and Baidu will reward patient investors who stay with them through the headwinds (SCMP)
  • Tencent has pumped billions into 300 companies. Here’s what it’s buying; The investments have long raised questions about Tencent’s strategy, esp when they target industries that appear unrelated to its main businesses of gaming and social media (CNN)
  • Tencent Pair Trade That Earned a Quick 54% Now Looks Crowded (Bloomberg)
  • Data explosion brings Toyota and SoftBank together; Monetizing information key to dominance in next-generation mobility services (Nikkei); Do-or-die self-driving race forces carmakers to choose allies; Toyota and SoftBank shift from partnership to capital tie-up (Nikkei); SoftBank-Backed Guardant Soars in Trading Debut After U.S. IPO (Bloomberg)

Asia Tech & Innovation Trends

  • Indonesia Set to Tighten Noose on Online Sellers Evading Tax (Bloomberg)
  • Grab and Fave form strategic partnership (TIA)

Global Tech & Innovation Trends

  • Why the Tinder Gold Rush Could Continue (Barron’s)
  • Why voice assistants will drive e-commerce (TNW)
  • Six predictions for the tech industry in 2019 and beyond; CCS Insight expects driverless cars to be banned in at least three countries by next year (FT)
  • Square Pushes Further Into Lending, saying it would start letting qualified shoppers finance in-store purchases of big-ticket items (Barron’s)
  • Live Nation Stock Stumbles as the Government Looks at Online Ticketing (Barron’s)
  • ZipRecruiter Is Valued at $1.5 Billion in a Bet on AI Hiring (Bloomberg)
  • Predicting Airfare Is a $750 Million Business (Bloomberg)
  • Cloudera and Hortonworks Are a Match Made Underwater; Former hot startups settle for less than when they were private. (Bloomberg)
  • Social media analytics platform Hootsuite explores sale: sources (Reuters)
  • Fitbit (fit) follow up: enough upside to justify the risk ? (VAO)

Life

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