Already before COVID-19, American and Chinese internet giants fought for dominance in the booming market for food and grocery delivery, and the coronavirus crisis had cause another boom in the market, says William Bao Bean, managing director of global venture capital firm SOSV in Shanghai in Marketplace. Having dominance in their home market helps the Chinese players.Read More →
Shanghai-based VC William Bao Bean looks at the world after the COVID-19 recession will be gone. Fintech will go through the roof, like all things digital, home delivery, and health care applications he tells at this debate on India and China how the world will learn from China coronavirus crisis.Read More →
What is happening to the trade shows? The bigger events are not yet sure about their future. While even some of the most established trade show organizers start to file for bankruptcy, some see a future ahead in fully or partly virtual events, reports the Global Trade Magazine. For smaller events recovery might a slightly easier, the massive gatherings might have a hard time to recover any time soon from the coronavirus crisis, says the magazine.Read More →
Livestreaming e-commerce took off like crazy in China in 2020, partly because of the coronavirus pandemic. Marketing guru Ashley Dudarenok opens the discussion on where this trend is leading to at Technode. “Various livestreaming platforms are maturing, becoming more mainstream and the epidemic has led to the growth of online work, entertainment, and consumption,” she writes.Read More →
The plan to ban immigration by US President Donald Trump will be mostly hurt US tech companies who cannot recruit talents anymore, says business analyst Shaun Rein to the BBC. “Now, with the immigration ban, more top Chinese, Indian and other foreign talent will seek jobs in tech hubs globally like Shenzhen, Seoul and Bangalore rather than Silicon Valley,” Shaun Rein adds.Read More →
Retail in China has changed after the corona crisis and marketing expert Ashley Dudarenok explains how brands have to adjust themselves to reach those much-wanted consumers in China, she tells in Valtech.Read More →
While the rest of the world is firmly into a lockdown, China is slowly getting back to normal. That is only one of the reasons why the country is leading the way after the coronavirus crisis, says William Bao Bean, partner, SOSV Capital and Managing Director, Chinaccelerator from Shanghai to Webintravel in a podcast.Read More →
Online education is one of the big winners in the ongoing corona crisis, next to health care, says Hurun rich list maker Rupert Hoogewerf in the South China Morning Post. “Valuations of traditional education institutions had recorded a severe drop, compared to the quick rise of education technology-focused companies,” he says.Read More →
Every crisis offers an opportunity and China is pushing ahead with its plans to develop autonomous vehicles, as the car market in in the doldrums. China lawyer Mark Schaub summarizes the effect of the country’s plans for the future at the China Law Insight.Read More →
The Indian startup TryNdBuy has been adopted by the Chinaccelerator, and Shanghai-based managing director William Bao Bean explains why the virtual fitting room has a good chance to succeed in China, he tells at Livemint. Up to now, every virtual fitting room including Amazon and Microsoft, makes the consumer look bad, he explains.Read More →
Content-providers have been trying to lower costs for the notorious censorship in China, for example by introducing more AI-driven tools. But the government is fearing too much unwanted content if falling through the cracks, asks for tougher censorship, adding dramatically to the costs, says business analyst Ben Cavender to MSN.Read More →
William Bao Bean, partner at SOSV managing director at the Shanghai-based Chinaccelerator, discusses the investment climate in the US, China and Europe at the F50 Global Capital Summit 2019 Fall. He does not fear the Trump administration, he says, “governments cannot stop businesses even if they want to,” he adds.Read More →