Startups should not expect to find the Promised Land in China, told VC-veteran William Bao Bean an investment conference on China in Tel Aviv last month. 95 percent of you should not be here, he told according to the Times of Israel. With one exceptions: Chinese internet companies cannot deal with algorithms. They urgently need mathematicians.Read More →
China´s Baidu is often dubbed China´s Google, but Kaiser Kuo, Baidu´s director of international communications, is happy to explain the SF Chronicle what American and European internet users are currently missing when they rely on Google, and what they might can get in the future.Read More →
Is China lagging in innovations? Certainly not when it comes to ecommerce, says William Bao Bean, managing director of Chinaccelerator, in TechinAsia. “If you can get ahold of Facebook’s product roadmap, it’s a giant WeChat clone,” he says.Read More →
Alibaba, and its competitor JD.com made a record sales (or gross merchandise volume, GMV, as it is called) during Single´s Day. But retail specialist Ben Cavender also looks at the little print in the contract, and wonders in CNN Money if the record sales contribute to the profits.Read More →
E-commerce is booming in China, even more than in the US, says Shanghai-based business analyst Shaun Rein in ABC. E-commerce is expected to grow from 25 percent now, to 50 percent soon. ABC: Shaun Rein, a Shanghai-based market research analyst, said these days it was exactly what the leaders wantRead More →
Alibaba bought the video-services Youku-Tudou, a mash of Youtube and Netflix, but at least ten times bigger, tells business analyst Shaun Rein in Bloomberg. It is a sign competition between internet giants in China is heating up, and Alibaba first want to strengthen its position there, before taking the rest of the world serious, Rein says.Read More →
The world outside China hardly realizes how fast e-commerce is changing the country. “Brick-and-mortar is basically dead, unless you have something special to offer,” says Shanghai-based business analyst Shaun Rein , author of The End of Copycat China in the South China Morning Post. The rest of the world will follow.Read More →
President Xi Jinping might have refused to provide a name for the unborn child of Facebook´s Mark Zuckerberg, it does not seem that his company is fully excluded from a return to China. Business analyst Shaun Rein explains what such a move might need in AsiaOne.Read More →
Eyebrows were raised when China’s food delivery service Ele.me last week announced it raised funds worth US$630 million, while in reality it was less than US$400 million. Startup expert William Bao Bean was not amazed. China´s startups are very competitive, and cheating on figures is part of that, he told VentureBeat.Read More →
China has seen a wave of new internet companies, actually succeeding. A surprise after Google, Facebook, Twitter saw them locked out. Business analyst Ben Cavender tells in Quartz what the trick is: complying with the Chinese government. Names? Evernote. LinkedIn. Uber.Read More →
Since tech innovator William Bao Bean has joined early 2015 the ChinaAccelerator, a global venture accelerator in Shanghai, a stream of exciting events has developed. In Technode he explains why China is now the place to be for technological innovation.Read More →
The already booming e-commerce in China is getting fast an international leg as internet users discover the advantages of buying goods online abroad, says retail analyst Ben Cavender in the China Daily. And the large e-commerce players quickly grab market share.Read More →