China’s government launched its “Made in China 2025” program in late May. Viewpoint by Gordon Orr, Chairman, Asia, McKinsey & Co. With its 10 priority industries and milestones for creativity, quality, digitization and greenness, there is a lot for anyone operating in these industries in China or elsewhere to look at. We can be certain that...
Chinese e-commerce site and Alibaba rival JD.com is putting its money into fresh fruit and vegetables after it led a $70 million Series C round in FruitDay, a company that sells fresh produce across China. The investment in six-year-old FruitDay, which claims to be China’s largest online produce firm, also included participation from previous backers Susquehanna International Group...
The theme of Silicon Dragon’s Beijing event was, “China Tech: Hotter than Ever, When Will it Cool?” No one can say definitively when it will cool, but based on the panel discussions, there’s a real reason it’s this hot.
When e-commerce giant Alibaba Group Holding eventually decided to list in New York last year, some Hong Kong officials and bankers sought to defend the snubbed city’s long-standing reputation as one of the world’s leading financial centres. “Don’t worry. Others will still come to Hong Kong after Alibaba” was the main message heard at the time....
Headlines on Chinese and U.S. relations are usually dominated by tensions over trade and security as China flexes its economic muscle on the world stage. Corporate takeovers in the U.S. by foreign companies can be controversial as locals fear losing their jobs. But this new report found that Chinese investment is saving jobs by offering new financing to troubled businesses.”
The New International Startup City Venture investors discover Hong Kong can be good for finding startups with potential to scale. Entrepreneurs are tapping Hong Kong as a building block while multinational leaders leverage Hong Kong as a gateway. April 22, 2015 Cyberport 3, Hong Kong VIDEOS Dealmaker Panel Spotlights: Candice Lo, Uber Guru Gowrappan, Quixey TECH CHATS: Johnny Quattro, MiQ Shana Buchanan,...
Two companies have sealed a deal that’s raising eyebrows: Segway, the struggling American maker of disgraced self-balancing scooters, has been bought by Ninebot, the Chinese rival that Segway recently accused of copying its signature two-wheelers. Ninebot announced the curious acquisition for an undisclosed sum on Wednesday, which followed a combined $80 million investment from mega-rich Chinese...
Four new venture capitalists arrived on the Forbes Midas List of 100 top tech investors following a stellar year for China-based companies, which saw smartphone maker Xiaomi crowned as the world’s highest-valued private tech company and Alibaba as the largest-ever IPO. Sequoia Capital’s China team added one more VC to the firm’s already stacked Midas roster. Coming in strong at #22, Steven...
China Tech Goes Global As Chinese Titans Buy Into American Startups and US Companies Expand to the Middle Kingdom
It’s interesting to see Sequoia Capital venture investor Mike Moritz contending that Silicon Valley tech is over-inflated while China startup investing is still going strong — and stronger. Here’s an excerpt from an interview with Moritz in an article at Fortune. Moritz argued that money splashed on Silicon Valley companies could probably be put to better use...
Leaping into the future is hard enough as it is with all the myriad of obstacles that try to block our ability to advance in our external world. However, I have observed that the most difficult barriers exist in our own minds. Mental barriers of old ideas that we can’t let go of. Emotional barriers of...
There’s a China connection in the recent deal that PCH made to buy the once high-rising and well-funded e-commerce startup, Fab, which crashed last year. The product development and supply chain firm PCH has a major manufacturing and logistics base in Shenzhen, where its operations assemble, package and get products ready to ship for major multinational companies as well as small to medium-sized...
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Gobi Gets Ok To Manage Alibaba New Fund For Taiwan And Hong Kong Startups
November 23, 2015
Silicon Heartland (Penguin Random House, 2022)
Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder and Going Global (Hachette Book Group, 2019)
Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
Silicon Dragon: How China Is Winning the Tech Race
