Silicon Dragon weekly digest: Apple’s R&D center in China, Tencent and Foxconn invest mega amount in India’s social messaging app Hike.
Silicon Dragon Connects Innovators and Investors In the World's Leading Tech Hubs
China-Silicon Valley Links & Divides, Tencent Funds Live Streaming Play, Sequoia India Backs Fintech Startup, Alibaba Gets Into VR With HTC
Silicon Dragon Weekly Digest: Alibaba jumps into VR with HTC to help new technology to scale up more widely, Tencent does a $226 million deal in Douyu TV live streaming, Sequoia India backs peer-to-peer lending service in Singapore.
“There are so many opportunities right now in China, I feel like I’m in an all-you-can-eat buffet where I am just tempted to grab way too many dishes!” says Steve Hoffman, captain of Founders Space, which has just opened in Shanghai.
Tencent’s forays into Hollywood could be just the start. How about Superman on WeChat?
Viewpoint: The reality is, despite its great allure, U.S. companies are more likely to lose their shirts than make their fortune in China.
US tech brands like Twitter and Facebook are looking to China’s innovators for ideas. That’s a first!