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Women in tech: GGV Capital’s Jenny Lee reflects on investing in China’s technology market

Jenny Lee, a managing partner at private equity firm GGV Capital, says being a venture capitalist (VC) in China can veer from analysing companies and deals to being a psychiatrist or even a marriage counsellor when needed.Based in Shanghai, Lee said in an interview that she once had to call up a start-up founder’s wife, who thought her husband was neglecting their family, to explain that the man frequently slept at the office because he was working hard to raise a new round of financing to keep… Source link

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Winning Back Consumers To An Abandoned Technology

Winning Back Technology Disadopters: Testing a Technology Readoption Model in the Context of Mobile Internet Services XU, Xin | THONG, James Y L | TAM, Kar Yan  Journal of Management Information Systems, 2017, Vol. 34, No. 1, pp. 102-140.    New technologies can have teething problems such that some users give up the whole class of technology itself (and not just the brand). A case in point was 2G mobile internet services that used wireless application protocol (WAP). The performance was so… Source link

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Global 

Shanghai to give tax incentives and funds to nurture home-grown chips industry as China enters next battlefront over technology

Shanghai’s government will offer tax incentives and funding to nurture China’s home-grown industry of producing semiconductor chips, as the country finds itself drawn into a new battlefront over technology with the United States.Integrated circuits (IC), artificial intelligence (AI) and biotechnology will be the three key industries that the municipal government of China’s premier commercial city will focus its resources on, said Shanghai’s Vice Mayor Wu Qing during a press conference in the… Source link

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Vietnam 

HCM City dept fosters growth of science and technology businesses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    Nguyễn Khắc Thanh, deputy director of the Department of Science and Technology, speaks at a conference on the development of businesses in the science and hi-tech sector . – VNA Photo Xuân Dự   HCM CITY – The Department of Science and Technology has been supporting the development of science and technology businesses with numerous programmes and State policies. During a conference held by the department yesterday in HCM City, Chu Bá Long, deputy head of the Technology Management and Technology Market unit under the department, said the…

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Vietnam 

Humans and technology key to Việt Nam’s new-stage development – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Prime Minister Nguyễn Xuân Phúc (middle) makes speech at the conference “Science, Technology and Innovation – a pillar of Socio-Economic Development in Việt Nam” on Wednesday. — VNA/VNS Photo HÀ NỘI — New technology and skilled human resources were the decisive factors to drive Việt Nam’s long-term growth, especially in the face of Industry 4.0-induced changes. This message was delivered by Prime Minister Nguyễn Xuân Phúc at a conference themed “Science, Technology and Innovation – a pillar of Socio-Economic Development in Việt Nam” held by the Ministry of Science and Technology (MoST) in Hà Nội on…

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China 

Taiwan helps technology firms pivot production towards Southeast Asia as US tariffs hit mainland

Taiwan, home to many of the world’s leading electronics producers, is helping its manufacturers to expand beyond mainland China as increased US tariffs threaten the global technology supply chain.US President Donald Trump’s decision to increase tariffs on US$200 billion of mainland Chinese imports last week will have convinced any undecided Taiwanese companies of the need to shift some production away from the mainland, Kung Ming-hsin, Taiwanese minister-without-portfolio in charge of economic… Source link

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Vietnam 

HCM City hosts int’l screen printing, digital technology exhibition – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Visitors at the 2nd biennial Vietnam International Screen Printing & Digital Printing Technology Exhibition that opened yesterday in HCM City. — VNS Photo Thu Hằng HCM CITY — The latest technologies, machinery and equipment are on display at the 2nd Việt Nam International Screen Printing & Digital Printing Technology Exhibition that opened yesterday in HCM City. The biennial event is a platform for domestic and foreign companies to learn about top-notch technologies, methodologies and applications. The show is expected to welcome 10,000 visitors from many countries including Malaysia, Laos, Cambodia, Thailand,…

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Sequoia China to cut up to 20 per cent of its investment staff as fund flows into technology industry and start-ups slow to a trickle

Sequoia Capital China, widely viewed as a bellwether for Chinese tech investment, is set to lay off as much as 20 per cent of investment staff as a slowdown in the country’s tech sector saps appetite for risk, said two people with knowledge of the matter.The Chinese arm of Silicon Valley venture capitalist Sequoia Capital is looking to cut the number of venture investment professionals from about 70, the people said. Two other people said the cut would be at least 10 per cent.Sequoia China told… Source link

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Investors hunt for gold ahead of debut of China’s Nasdaq-like technology board

Mainland investors are racing to buy mutual funds linked to Shanghai’s new Nasdaq-style technology board, in the expectation that these funds will have privileged access to upcoming IPOs, potentially enjoying handsome returns upon public trading.As of Tuesday, the first batch of seven funds slated for the Technology Innovation Board were heavily oversubscribed by investors, raising a combined 100 billion yuan (US$14.86 billion), according to the statements by the asset management firms… Source link

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