Archive for

April 2017

26

Apr

A Crazy Idea Turned Into A Billion Dollar Business: Nike

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With $300 in his pocket, a 24-year-old Phil Knight decided he would travel the world – an idea that lead to founding one of the largest multinational companies in the world: Nike. “Most people thought it was crazy. When I finally got going a little bit, people around Portland, Oregon – which is kind of […]

26

Apr

Apple Hires NASA Augmented Reality Expert

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The Augmented Reality (AR) technology is so important that Apple has recently hired Jeff Norris, an augmented reality expert who founded the Mission Operations Innovation Office at NASA’s Jet Propulsion Lab. Norris has reportedly joined Apple as a senior manager working on the augmented reality team led by Mike Rockwell, who formerly ran Dolby Labs. The […]

25

Apr

Why Social Media Matters in Marketing

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If you know anything about modern day marketing, then you know social media is critical. This is the first time in history that people have been instantly connected all over the world, able to communicate in a moment over different mediums. If you have an audience, social media can be a career. Influencers create more […]

25

Apr

Bike-rental Start-up Ofo Gets Funding From Alibaba’s Ant Financial

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The funding spree continues in China’s bike-rental sector. Bike-rental start-up ofo announced over the weekend that it raised an undisclosed amount in its Series D+ from Alibaba’s financial arm Ant Financial. Under the deal, ofo cooperate with Ant Financial in the fields of e-payment, credit system and globalisation process.  The announcement came less than two […]

25

Apr

Airasia Acquires 50% Stake In Malaysian Travel Planning Start-up Touristly

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Budget airline AirAsia has bought 50 percent of trip planning service Touristly in a deal worth US$2.6 million. In exchange for the stake, AirAsia will extend a US$1.1 million convertible loan to Touristly and transfer the digital component of its inflight magazine, Travel 3Sixty, to the start-up. The asset is worth US$1.5 million. Kuala Lumpur-based […]

24

Apr

Ofo Partners With Largest Bicycle Producer Fushida

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The race is still on in China’s bike-rental sector. Bike-rental start-up ofo and the world’s largest bicycle producer Fushida recently entered into a strategic partnership that will see the latter manufacture 10 million bicycles for ofo every year. Fushida chairman Xin Jiansheng expected the company’s annual production capacity to top 20 million this year, representing a fifth of the […]

24

Apr

Lenovo To Invest In AI, IoT and Big Data

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Chinese PC maker Lenovo plans to pour over US$ 1.2 billion into artificial intelligence (AI), Internet of Things (IoT) and big data in the next four years, as part of its efforts to diversify their operations amid the stalled growth of its PC and smartphone business. Lenovo CEO Yang Yuanqing said the annual investment in […]

24

Apr

U-Parking Helps To Ease Parking Pain For China’s Driver

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Chinese parking assistant start-up U-Parking announced recently that it raised RMB 12 million (around US$ 1.74 million) Series A led by Gobi Ventures. U-Parking (有车位), founded in Beijing in 2014, provides distributed parking space supplies in big cities in China and secures decent parking experience for both individual users and car-sharing businesses. U-Parking has implemented […]

23

Apr

The Potential of e-Commerce In Southeast Asia

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With a population of more than 600 million people, Southeast Asia is often considered as the next e-commerce gold rush. But how big is the potential of e-commerce in Southeast Asia actually? It still has no accurate guess about it. However, we can see that the potential is really huge as Southeast Asia is ready […]

23

Apr

The Alibaba of Vietnam

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Vietnam is now following the footsteps of China to bring physical retailers to go online. Just like how Alibaba helped China to become the best mobile payment, nearly 50 times greater than those in the US last year, NextTech is becoming a gateway in Vietnam to digitise traditional business into e-commerce. Apart from its mission, […]