SAVE THE DATE
Silicon Dragon LA 2019
Exploring digital entertainment and mobility, two sectors driving
CA-China
investment
VIP Reception
Forum
Rooftop Party
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Interview, new book:
Author
Rebecca A. Fannin
with KPMG's
Anson Bailey at
Silicon Dragon HK 2019
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VIP Invitations
Special Event Discounts
Introductions
Tech Titans of China
autographed book
FOLLOW US
@RFannin
@SiliconDragon
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Speaking
Engagements
SupChina
Women's Conference
NYC
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China Global
Television Network
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Silicon Dragon founder Rebecca Fannin discusses China's knowledge-based economy
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Is Apple Copying China's Xiaomi?
Apple's strategy to not just sell you an
iPhone, but also streaming videos, music, news and games strikes me as similar to an approach that Chinese smartphone maker
Xiaomi has been doing for several years.
Xiaomi smartphones come preloaded with dozens of music, video, and gaming apps, and reach 190 million users.
China's
Xiaomi, the world's fourth largest smartphone maker, relies on three revenue streams: handset sales, IoT gadgets and consumer goods; and internet value-added services, such as games.
Xiaomi
founder
Lei Jun
has sometimes been called the
Steve Jobs
of
Apple
, and his
Mi
phones have been likened to the iPhone. Now Apple copies Xiaomi.
Read more about
Xiaomi in
Read Apple takes a cue from China at Forbes
China Creeps Up on the U.S. Lead for Patents
China now accounts for 21 percent of global patent applications, right behind long-time leader United States at 22 percent in 2018, which is down from 29 percent the preceding year.
If current trends continue, China could surpass the United States for patent filings within two years, the WIPO report notes. Just a decade ago, China was ranked seventh worldwide for number of patent applications. Chinese telecom giant
Huawei is the world's top patent filer and China's
ZTE ranks fifth.
Read more at Forbes: Patent Parade
VENTURE DEALS
Tencent-backed online healthcare venture
Trusted Doctor raises $250 million in China.
Mad Street Den's
Vue.ai for retail automation
attracts $17 million Series B funding led by Falcon Edge Capital with
Sequoia Capital India
and Tokyo's
Global Brain
.
India's bike rental startup Bounce snags $3 million from Innoven Capital.
Doubtnut, a multilingual online learning platform in India, lured in $3.3 million, led by
Sequoia India.
FUNDS
Chinaccelerator VC
SOSV
closes $218 million of $250 million for early stage deep tech startups.
IPOs
Tencent-backed video game livestreaming platform DouYu has filed for a $500 million U.S. IPO.
Starbucks' competitor in China, coffee delivery upstart Luckin, heads for a public listing on Nasdaq. I write about Luckin in my new book.
Zoom's IPO Values It At $9 Billion - And Mints New Cloud Billionaire Eric Yuan. Early investor Bill Tai on the IPO: How can you not love the CEO and his leadership style? Zoom CEO after IPO's big splash: 'We need to double down.' Yahoo Finance
NOTEWORTHY
A post about China's
996 work week leading to ICU goes viral.
BuzzFeed
FEATURED VIDEO
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Silicon Dragon Hong Kong 2019 Talk: Mario Ho (son of Macau casino tycoon) of online gaming and entertainment company iDreamSky Technology with Napoleon Biggs, WebWednesday Asia |
Silicon Dragon HK 2019 speakers: group selfie
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