Tag: Asia
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Every few years, Airbnb puts out Experiences with some type of rebrand. They want to be a superapp — but that’s never going to happen. Here’s why… The Ultimate Superapp: WeChat The biggest superapp in the world is China’s WeChat. You can do anything on Wechat: talk to friends, pay…
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As China’s economy reels, youth unemployment has hit 21% — on par with Italy. A Dollar An Hour – With a College Degree From a Financial Times report: Job opportunities scream from posters at an employment fair in central China’s Zhengzhou. “Join us for the future!” urges one advertising positions…
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The Chinese social contract is simple: give us a good economy, and we’ll stay out of politics. The problem is, that contract is breaking down. The Chinese economy has 3 pillars. Today, all 3 are under extreme stress. The 3 Pillars Meanwhile, the US, China’s biggest trading partner by far,…
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“We should try the barbecue stingray,” she exclaimed. “Are you serious?” Get the blog before anyone else…subscribe! Oh, she was. So on a recent New York evening, my friend and I found ourselves digging into something we never knew existed. This is Mr. Fried Rice at Urban Hawker. Urban Hawker…
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No US venture firm is bigger in China than Sequoia Capital. But as tensions rise, even Sequoia is pulling back. Get the blog before anyone else…subscribe! From a report out this morning in The Wall Street Journal: Sequoia Capital has started screening some investments its China arm is considering in…
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Bao Fan did everything right. Despite being one of China’s top tech investors, Bao kept a low profile and hewed to the Communist Party line. Then, he disappeared. Get the blog before anyone else…subscribe! From an article out this morning in The New York Times: …on Valentine’s Day last week,…
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Chinese homebuyers are refusing to pay their mortgages in a boycott that’s spreading across the country. Many fear the homes they’re paying for will never be finished. Now, suppliers to builders are also defaulting on loans. Get the blog before anyone else…subscribe! From ABC News Australia: A fast-growing mortgage boycott…
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You just went to a protest marking the anniversary of the Tiananmen Square massacre. You were scared, but you went. You wore a mask and took a winding route home. No one could have seen you. You arrive home to your Hong Kong apartment and decide to check your bank…
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Didi Chuxing, or “Honk Honk Taxi”, was one of the greatest success stories of Chinese tech. Founded in 2012, it broke out just months later by providing rides during a heavy Beijing snowstorm. A regular taxi was impossible to get, but Didi came through. After that, the company was on…
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The Chinese Communist Party has launched a severe crackdown on the technology industry: Didi Chuxing, the Chinese equivalent of Uber, had its app removed from all Chinese app stores shortly after its US IPO ByteDance, parent company of TikTok, shelved its IPO plans under regulatory pressure. Its CEO has resigned.…
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+ Angel Investing, Asia, CCP, China, Communism, Investing, Startup, Startups, Tech, Venture Capital, Xi Jinping+
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Tremendous 