Crossing borders is challenging for startups. Willliam Bao Bean, managing director of the Chinaccelerator, guides us through their crowded Shanghai offices, and explains this unique collaboration between starting entrepreneurs, governments, companies, while finding a way through massive numbers of interns.Read More →
E-commerce expert Matthew Brennan discovered how WeChat silently started to promote Tencent’s WeBank, a potentially major move in pushing internet banking ahead of the traditional banks in China, he writes on his website China Channel. The old banks will have to run for their money.Read More →
VC-veteran William Bao Bean tells about his 22-year adventure of connecting tech, banking and the internet in Asia, at Haymarkt HQ, and answers questions by Angela Kwan and her audience. How does China’s internet work?Read More →
Both Tencent and Alibaba have become power players, even eclipsing the formerly leading economic state-owned companies, says innovation-specialist Matthew Brennan in ATimes. So maybe they [think they] need to clip their wings a little,” adds Mr Brennan.Read More →
Managing director William Bao Bean of the leading Chinaccelerator, on tour in Australia, warns Aussie startups to stay away from China and much of Asia, he tells the Australian Financial Review. They should look for their opportunities much closer to home, he added.Read More →
Online financial institutions like Alibaba’s Ant Financial and Tencent are developing new business models, where they make money on the giant amount of data they collect. Financial authorities are stepping in, for the right reasons, says business analyst Shaun Rein to the China Daily.Read More →
China has released new rules for infant formula milk powder, one of the most-discussed products after massive domestic scandals and waves of foreign imports, both legally and illegally. Shanghai-based lawyer Mark Schaub discusses at Lexology the impact, as domestic and foreign formulas are now treated equally, and it is going to be more complicated.Read More →
What internet companies coming to China forget is that the user base is completely mobile. They have always done all their online stuff on mobile devices, says managing direct William Bao Bean. of accelerator VC firm SOSV at MOX Demo Batch Day 3, writes E27.Read More →
Communication in China has changed into a completely different ball game, most Western visitors fail to get. Especially the blurring line between personal and business communication is key to understand, says business analyst Shaun Rein at Knowledge CKGSB. For example for recruiting.Read More →
A favorite hobby among analysts and journalists is comparing Chinese companies with American or European competitors. Alibaba has little in common with Amazon. The differences are often larger than the similarities, says business analyst Ben Cavender. And getting into the China market is certainly not easy, he adds at the BBC.Read More →
Internet giant Tencent might be most known for its loss-making WeChat, but that chat tool is effectively used to generate revenue through gaming, says e-commerce expert Matthew Brennan on QZ. The company reported a stellar performance of the second quarter.Read More →
Alibaba’s Ant Financial has been leading the charge in online financial transactions, but Tencent wants to gain back market share by setting up its own credit sharing system. A much needed move, says fintech expert Matthew Brennan to Pymnts.Read More →