Many startups dream of making the millions and becoming the next big thing, but often face the reality of having to save money and cutting cost wherever they need to. Founders of startups have to also protect their own rights or potentially face getting ousted from their own company.
It is written by Ang Hui Xue, Analyst Intern in L'Atelier Asia, Shanghai Office
According to Chris Yeh’s, How to avoid getting fired from your own company, he suggests founders to plan defenses early and to get everything in... > Read more
By Scott Si
August 19, 2014
There are two prevailing visions for the future of consumer technology: augmented reality and virtual reality.
Augmented reality is all about connecting to the current environment through sensors and contextual information.
Virtual reality is all about escaping to a completely different environment mostly for the purpose of entertainment.
Two points I... > Read more
Last Firday, China Banking Regulatory Commission published the news about the first round private bank list, which including the Shenzhen Webank (which Tencent takes 30% share of it), Wenzhou People and Commercial Bank and Tianjin Jincheng Bank. The one was missing unexpectedly, is Alibaba, which got the most expectation before.
This article is written by Hanna Chen, analyst consultant of L'Atelier Shanghai Office
May 9th 2014 is the 10th anniversary of Alipay, the CEO of Ali Micro-finance Group announced the Ali future strategy – build the open internet... > Read more
By Agathe Foussat
July 29, 2014
Meanwhile we were observing the Internet titans Alibaba and Tencent spreading their ecommerce activities, we almost missed the search engines battlefield.
Baidu just published its Q2 results and for the first time, mobile search outnumbers PC users with 500 Million monthly active users Baidu CEO Robin Li declared the company’s “mobile revenue, which is largely comprised of mobile search... > Read more
By Mandy Shin
July 22, 2014
As a Korean working in Shanghai, the influence of Korean wave always fascinates me. I have been reading a number of articles and also often had conversations with my colleagues regarding the topic, and learned that there are several hurdles for the Korean showbiz and brands should consider when entering the Chinese market.
The first hurdle is regulation of state government. It is a well known fact that some of world’s leading internet services like Google or Facebook are blocked in China. Either from their worries for propaganda or the protectionism for local... > Read more
By Mandy Shin
July 15, 2014
In China, the expression ‘Korean Style’ has become a selling point. Korean fashion, make-up, cuisine and entertainment culture are getting more spotlight than ever before.
Korea’s low-end cosmetics brand ‘Innisfree’ has already opened over 65 stores in the major shopping malls and streets in China since its launching in Shanghai two years ago. Its target this year is to open 100 stores. Aside from the... > Read more
By Scott Si
July 08, 2014
Going into the startup weekend, I didn't know what to expect. I had an idea that I wanted to pitch an interest to get to know the grassroots startup scene in Shanghai a little better. I came out of it with great new friends, countless lessons, the top prize, and a renewed confidence to pursue big things.
The Startup Weekend works as a fastbreak simulation of the entrepreneurial process - from conceptualization to prototyping and pitching - all in the span of one weekend. It was held from June 27 to 29 at the Sino-Finnish Innovation Center in Tongji... > Read more
Every morning, I always log in my Sina Weibo to browse the latest news. Even if the report shows the number of the active users keeps going down, I’m still in this habit. But today, it seems more crowded than usual - not the posts, but the replies. Looking inside, it’s full of replies from a Weibo account called ‘Xiaobing’. Everyone @'s her and asks all kinds of questions. Now I know, Xiaobing does not just target Wechat, but also serves Weibo users.
I still remember that about two years ago, a Korean app called Simsimi was popular in the Appstore. That’s also the rapid growth period of iphone 4S in China. People were so interested chatting with that cute little yellow chick, even sharing the... > Read more
By Cécilia Wu
June 23, 2014
The upper level of the investment world in China is still dominated by men, quite often haughty and foxy men. No matter how often we pay lip services to “feminism” or “equality of two genders”, this is not going to dramatically change in the near future. However few females have always managed to beat the odds and accomplish kind of success which would win the applause from every woman and excite the blush from every man. Kathy Xu is such woman and perhaps the most successful woman investor in China internet business.
Back in 2008, Forbes already wrote an article about her titled “RainMaker”. In 2014, Forbes ranked her No.47 on the list of Asia Power Woman. Born in an ordinary Chinese family, with a university degree in English, her very first job was... > Read more
By Cécilia Wu
June 11, 2014
There are two interesting news recently about two “innovative retail stores” opening in China. First, largest local delivery service company SF Experess launched so called “virtual shopping” convenience chain stores nationwide. Second, retailer Shopin collaborated with Wechat and experimented with “Wechat Concept Store” in Hangzhou.
Whether “virtual shopping convenience store” or “Wechat Concept Store”, they are very fancy ideas; nevertheless when fancy ideas are put into reality context, they do not necessarily work like a charm.
First let us talk about SF... > Read more