China is, as the second largest economy, becoming an attractive source of new business ideas, says Shanghai-based VC William Bao Bean. Although the China market itself is a hard one to crack, for startups and larger companies, he tells in WebinTravel.Read More →
A decade ago, in China cash was king. But in less than another decade, the same country could be the first fully cashless society, says business analyst Ben Cavender to AFP. Cavender estimates China’s mobile payment market is already 40-50 times larger than the United StatesRead More →
Online payments have gained market share in China very fast, but that market is dominated by domestic players like Tencent and Alibaba, while foreign ones like Apple are less than a ripple, says fintech expert Matthew Brennan at Pymnts.Read More →
The Honor of Kings, a uniquely popular online game, is profoundly changing the Chinese society, says social media expert Matthew Brennan at eMarketer. Launched in November 2015 by tech giant Tencent, it even triggered off concerns by China’s leadership.Read More →
P2P service Yirendai tries to move up in the financial food chain by turning to wealth managements. Most P2P platforms are not able to do so, says financial analyst Sara Hsu to the South China Morning Post. But Yirendai could be the exception, she adds.Read More →
WeChat expert Matthew Brennan has joined the China Speakers Bureau this week. China’ online giants dominate its economic, social and financial life, with Tencent’s WeChat as the major force, trailed by Alibaba and Sina’s Weibo.
WeChat is China’s operating system for your life, says Matthew Brennan in one of his presentations.Read More →
China’s internet companies have turned around payment systems dom estically. Now they are turning to global market, says retail analyst Ben Cavender to Cryptocoinnews. Alibaba’s Ant Financial now is setting up a war chest to conquer those global markets.Read More →
Top executives at China’s internet giant Tencent earn higher salaries than their counterparts at Amazon, Twitter, Intel Apple and IBM, according to job portal Zhaopin.com. Business analyst Shaun Rein is not surprised, he tells the South China Morning Post. There is no other way to retain their talent in China.Read More →
When Western companies discovered new management systems in Japan like Just-In-Time in the 1980s, they applied it fast,despite initial misgivings.But when they see now new ways of decentralizing corporate structures in Tencent and Haier, they are reluctant to take it serious, says Haier-watcher and IMD professor Bill Fischer at AP.Read More →
Online reading is developing fast into a major industry in China and China Reading of Tencent is heading for a huge IPO in Hong Kong later this year. For authors, e-publishing has major advantages compared to print publishing, says bestseller author Shaun Rein to Knowledge CKGSB.Read More →
Competition in China is bloody and fierce, but as the Chinese internet companies go global, also China’s internet wars go global, says William Bao Bean, partner at SOSV to FTChinese. Didi taking on Brazil’s 99, its home-grown taxi-hailing app, it a telling sign.Read More →
Leading business analyst Shaun Rein has been selected by CPA´s in Australia as on of the top-10 daring thinkers of 2016. Author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, his thoughts on China´s innovative road into the future has triggered off his selection, reports InTheBlack.com.Read More →