The Staggering Rate of Smartphone Adoption
In a LinkedIn post from November of 2012, former Director of Google China and head of Beijing-based venture firm Innnovation Works Kai Fu Lee predicted that the installed base of smartphones in China would double to 500 million by the end of 2013 (note that Mobithinking [...]
Whether providing software-as-a-service (SaaS) for enterprise resource planning (ERP), on-premise ERP, infrastructure-as-a-service (e.g. offsite servers and storage), security or something else, enterprise tech companies have been a relative bright spot in U.S. markets compared to overly-hyped consumer facing companies such as Groupon (77% of value lost since IPO), Zynga (66% of value lost since IPO) [...]
1. The Bursting Strategy
In the “bursting strategy,” a company will pay for downloads via a third party service like Tapjoy to effectively earn [...]
CEO of Beijing-based game developer CMUNE Ludovic Bodin recently spoke at the China Game Developer’s Conference on what he views as the rise of a combination of hardcore social and mobile gaming. CMUNE’s most prominent title is the 3D First Person Shooter (FPS) called Uberstrike, which was ranked the #1 browser-based FPS game worldwide with [...]
One of the highlights of last weekend’s China Game Developers Conference in Shanghai was the talk given by Kabam Games co-founder, chief technology officer and current Beijing office manager Michael Li, who told the story of the company’s journey to producing the #1 grossing iOS game (both overall and in 26 different countries) and #2 [...]
Despite the high-end ambitions of Xiaomi’s larger domestic rivals like ZTE and Huawei, Xiaomi and its colorful founder Lei Jun are often called the Chinese answer to Apple’s iPhone. Similarities between the two smart phone makers include highly knowledgeable, devout followers and a belief that user experience transcends the phone itself. There is also [...]
A panel of prominent investors at the Silicon Dragon conference in Shanghai see big changes for China’s VC industry in the coming years.
GGV Capital’s Jenny Lee (Portfolio: Tudou, Alibaba Group, Qunar) believes the day of grand slams (’25x returns’) and easy homeruns (‘10x returns’) are over and that “all of [the VC funds] will [...]
A couple of weeks ago, I attended the Silicon Dragon conference at Shanghai’s Knowledge & Innovation Community, a complex of offices and labs that aims to leverage the intellectual capital of nearby Fudan University.
Here are some thoughts regarding the panel on “Exit Options” for Chinese tech companies.
Kai Fu Lee’s Crusade against Citron: Who [...]
While the recent Alifest, an annual e-commerce summit hosted by my employer, Alibaba Group, in Hangzhou, may have lacked some of the star power of years past (Kobe Bryant and Arnold Schwarzenegger weren’t back), it arguably offered much greater substance. The panel discussion on intellectual property protection in China revealed the changing attitudes toward IPR [...]
Not sated with rolling out 3G and network infrastructure from Brazil to Yemen, the Middle Kingdom’s two telecom giants, Huawei and ZTE, are chasing supremacy in smartphone sales to the developing world’s rapidly modernizing consumers. Though no panacea, affordable mobile phones are a boon for developing world consumers and can translate to both economic and [...]
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