SILICON DRAGON 2017
China's Tech Impact
in the U.S.
Tencent's WeChat + More!
The Tech Triangle:
Israel, China, U.S.
Silicon Dragon Presents
Award Winners 2016
VC of the Year:
Sequoia Capital China
pictured with judges
Jeffrey Chi, Edith Yeung, Grace Yun Xia, Alan Chan and Anson Bailey, Rebecca Fannin
Founder of the Year:
Eric Gnock Fah,
IPO of the Year:
Silicon Dragon News
Silicon Dragon Mobile App:
In news of the weird from the world of robotics, a Chinese robot nicknamed "Fatty" went out of control at a China high-tech fair in Shenzhen, smashing a glass window and injuring a visitor. Apparently, it was all human error - the robot operator hit the forward button instead of reverse.
A Chinese media company has formed a $300 million fund with a media and entertainment company in Abu Dhabi to make movies and TV shows in Hollywood. The deal, forged by state-owned
China Intercontinental Communication Center
Image Nation Abu Dhabi,
is another sign of China's infatuation with Hollywood.
, co-founder of Shanghai-based VC firm
, sounds off about the recent U.S. presidential campaign. He writes that President-elect
makes it sound as though making America great is defeating China. But he adds that much of the Chinese public supported Trump, and Beijing is looking forward to change in Washington. Read full viewpoint,
Hedge fund billionaire
, an economic adviser to Trump during the campaign, has taken an investment stake in the privately owned Chinese ride-sharing app
. This is the same Didi that acquired
and has backing from
Overseas Press Club
National Committee on U.S.-China Relations
, the Asia Society's
recently co-hosted a forum in NYC to discuss China's move from a manufacturing powerhouse to an innovation nation by 2025.
Panelists included Orville Schell, the Arthur Ross Director of the Center on U.S.-China Relations at Asia Society; Weiping Wu, a professor of urban planning at Columbia University; and Yu Zhou, co-editor of
China As An Innovation Nation
and professor of geography and Asian studies at Vassar College. Moderating was business journalist and author
William J. Holstein.
China could become a world leader in the field of artificial intelligence, finds a report by
IResearch Consulting Group. Beijing, Shanghai and Shenzhen lead development in East Asia, and account for 7.4 percent of the world's AI firms. AI is seen as the next new opportunity in technological innovation.
Now used-car dealerships in car-crazy China are getting funded. Chinese car dealership
Souche got a $100 million investment from Alibaba's
Ant Financial and a chauffeured car service,
UCar Inc. It was a series C fund raising for Souche, a second-hand automobile dealer.
Sequoia Capital China backed Souche in 2013 with a $10 million round.
Chinese online education service
Mofangge has reportedly raised $22 million in a second fundraising by undisclosed investors for the three-year-old startup that previously aattracted significant capital from
Fosun Kinzon Capital.
China's hardware ecosystem might actually translate well in software savvy India, which is seeing a growing but still very early Internet of Things market. That's the view of
Benjamin Joffe, a partner at
HAX Accelerator in Shenzhen
. He emphasizes that India lacks resources for prototyping and early investment, and has a weak supply chain. Still, by connecting with Shenzhen, India could progress in IoT.
Silicon Dragon Awards 2016
November 17, Hong Kong
Tech Chats with Leading Founders:
View Videos (Below)
, Co-founder, Xberts, Beijing
Eric Gnock Fah, Co-founder, Klook Travel, Hong Kong
Thanks to Silicon Dragon Award program sponsors
Morrison & Foerster
Supporters: Cyberport, Blueprint, InvestHK, HKSTP, Chinaccelerator, TGN,
|Join the Silicon Dragon Circle
Grace Yun Xia, Tencent; Edith Yeung, 500 Startups;
Gordon Yen, Radiant Venture Capital with
Silicon Dragon's Rebecca Fannin