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Why You Should Take More Work Breaks, How to Market Your Videos, The State of Global Entrepreneurship and Other Things Entrepreneurs Need to Know

12 Things Small Business Owners Need to Know By Rieva Lesonsky   1—Help Your Employees Become Top Performers For many small business owners these days finding and keeping qualified employees can be a struggle. Once you hire high-potential employees, you have to continually invest in their success. Check out the infographic below from Manila Recruitment to learn how to groom top-performing employees.   2—Want to Take More Breaks at Work? Science is on Your Side. Guest post by Dr. Joseph Cilo...
Tags: Europe, Business, Japan, Sweden, Indonesia, Youtube, Saudi Arabia, India, Africa, San Francisco, Cyprus, Indianapolis, Taiwan, Colombia, Thailand, Canada


A Red Hat-backed open source project warns that a controversial new plan to take on Amazon and other tech titans is only causing 'Fear, Uncertainty, and Doubt' (MDB, RHT)

Fedora, a popular open source operating system sponsored by Red Hat, has rejected MongoDB support. MongoDB recently changed its license in a defensive move against having its code monetized by cloud titans like Amazon Web Services — but Fedora says that the new license just causes "Fear, Uncertainty and Doubt" for users. Red Hat itself has dropped MongoDB support in its flagship Red Hat Enterprise Linux operating system, saying that the new license places an unreasonable burden on customers ...
Tags: Amazon, Trends, Alibaba, Ibm, Mongodb, Doubt, Amazon Web Services, Redis Labs, Cto, Red Hat, Fedora, Marie Kondo, Fontana, Kuhn, OSI, Tom Callaway


Here's how Main Street retailers can use technology to save their businesses

When it comes to brick-and-mortar retailers using technology to improve their businesses, the US lags far behind the rest of the world. Outlined below are several examples of how those retailers can implement technology in order to stay afloat. The U.S. maintains its leading edge in many industries of the future. But when it comes to tech-infused retail, the rest of the world is outpacing the U.S., digitalizing stores in huge swaths while America stands still. Why it matters:   Wealthy retai...
Tags: Amazon, New York, Cook, Microsoft, China, Israel, US, America, Trends, Walmart, United States, Shanghai, Alibaba, Las Vegas, Kroger, National Retail Federation


Go-Jek buys fintech startup Coins.ph for $72M ahead of Philippines expansion

Ride-hailing startup Go-Jek’s expansion into the Philippines ran into problems earlier this month over its ownership structure, but that isn’t deterring the Indonesian company from investing into the market. Today, Go-Jek announced that it has acquired local fintech company Coins.ph through “substantial investment” which gives it a majority stake in the business. The deal is officially undisclosed, but TechCrunch understands from two industry sources that Go-Jek paid $72 million. The start...
Tags: Post, Indonesia, Southeast Asia, Singapore, India, Tech, Thailand, Philippines, Alibaba, The Philippines, Fintech, Bangalore, Pantera Capital, Coins, Oriente, Vietnam Thailand


Momo, Vietnam’s top payment app, lands big Series C investment led by Warburg Pincus

Fintech in Southeast Asia continues to pique the attention of global investors. Alibaba, Tencent and others have jumped into the region and deployed hundreds of millions of dollars, and now Warburg Pincus is joining them. The U.S-headquartered PE firm has led a Series C investment in Vietnam’s Momo, which claims to be the country’s largest mobile wallet company with 10 million downloads. Momo already has some big-name investors; Standard Chartered led a $28 million round in 2016 while G...
Tags: Apple, Google, Fundings & Exits, Facebook, Apps, Asia, Indonesia, Finance, China, Southeast Asia, Funding, Tech, Ceo, Philippines, Standard Chartered, Alibaba


Indonesian e-commerce unicorn Bukalapak raises $50M

The chances are you may be familiar with Tokopedia, especially after it commanded a $7 billion valuation last November when it raised $1.1 billion from investors like Alibaba and SoftBank’s Vision Fund, but fewer people outside of Indonesia are aware of another sizable local online retail unicorn: Bukalapak. Smaller than Tokopedia in size, the company is valued at $1 billion — it became Indonesia’s fourth unicorn one year ago. The country, which is Southeast Asia’s largest economy and has a popu...
Tags: Fundings & Exits, Ecommerce, Asia, Indonesia, Southeast Asia, Softbank, Funding, Insurance, Tech, E-commerce, Economy, Alibaba, Alibaba Group, Ant Financial, Sequoia, Online Marketplaces


Alibaba Pictures Buys Into Chinese Director Han Han’s Film Studio

Alibaba Pictures has invested an undisclosed amount in Chinese celebrity blogger-turned film director Han Han’s Shanghai Tingdong Film, it confirmed to Variety Thursday. Han’s upcoming “Pegasus” is one of the most anticipated films of the year. Alibaba Pictures, part of e-commerce giant Alibaba, is now the second-largest stakeholder in Tingdong. It has a 13.1% stake, according […]
Tags: Asia, News, Global, Alibaba, Pegasus, Alibaba Pictures, Han Han, Green Book, Shanghai Tingdong, Shanghai Tingdong Film, Tingdong


7 Technological Innovations That Will Shape the Future of E-commerce

By Smith Willas A new wave of innovation is poised to disrupt the business yet again, especially the e-commerce sector. It’s opening up new channels and giving online businesses better ways to interact with customers. They are creating opportunities for new products, new markets, and new business dimensions. The rapid advancements in gadgets, internet access, bid data, and cutting-edge research are paving a way for a more interactive relationship between businesses and consumers. Thus the upcomi...
Tags: Google, Amazon, Business, Sales & Marketing, Alibaba, Voice, HubSpot, Alexa, Right Now, AR VR, Smith Willas, Apple Siri Amazon Alexa


How Alibaba Leads With Innovation In Transaction & Payment Technology

China's retail giant Alibaba is at the global forefront of new payment technology, harnessing facial recognition, mobile apps and more to merge the digital and physical for next-gen seamless transactions
Tags: China, Trends, Alibaba


New policy puts revenue squeeze on China’s payments giants

The era that saw China’s mobile payments providers making handsome interest returns on client money has officially ended. Starting this week, non-bank payments companies must place 100 percent of their customer deposit funds under centralized, interest-free accounts as Beijing moves to rein in financial risks. In the past, third-party payments firms were allowed to hold pre-paid sums from buyers for a short period of time before transferring the money to merchants. This layout allowed companies ...
Tags: Asia, China, Insurance, Tech, Banking, E-commerce, Beijing, Alibaba, Tencent, Bank, Payments, Alibaba Group, Ant Financial, Online Payments, Financial Services, Mobile Payment


Kroger Chairman & CEO McMullen Bullish on Private Brand

Kroger Co. Chairman and CEO Rodney McMullen delivers a keynote presentation moderated by CNBC Anchor Sara Eisen in New York City at NRF 2019: Retail’s Big Show. Kroger Chairman and CEO Rodney McMullen provided his outlook on the future of retail at this weeks’ annual NRF 2019: Retail’s Big Show in New York City during a dynamic keynote presentation themed Restocking the future: Kroger’s insatiable appetite to play and win the long game. CNBC “Squawk on the Street” and “Closing Bell” Anchor Sar...
Tags: Featured, New York City, Digital, America, Walgreens, Alibaba, Retail, Grocery, Cnbc, Branding, Kroger, Kroger Co, McMullen, Simple Truth, Rodney McMullen, Sara Eisen


EVs and online marketplaces thrive despite slump in Chinese car sales

China’s massive auto market hit the brakes last year as trade tensions and a softening economy dampened consumer confidence, but one segment soared on account of increasing internet penetration — used car sales. New passenger car sales fell to 23.7 million last year, representing a 4.1 year-over-year drop according to a new report by China’s Association of Automobile Manufacturers, the country’s top auto association. That marks the very first annual decline in the world’s biggest car market sinc...
Tags: Travel, Asia, China, US, Tesla, Car, Beijing, Automotive, United States, Alibaba, Transport, Tencent, Jaguar Land Rover, Car Sales, Shenzhen, Internet Penetration


Interview: How Alibaba’s North America B2B Business Streamlines The Retail Experience

An executive from Alibaba North America tells PSFK how the company is enabling other businesses to be better ecommerce retailers
Tags: Trends, Alibaba, North America, Psfk, Alibaba North America


Alibaba's 'City Brain' is nixing traffic jams

Traffic used to be a frequent headache for residents in Hangzhou, the eastern Chinese city that's home to Alibaba.
Tags: News, Alibaba, Stories, Hangzhou


Digital insurance firm Singapore Life raises $33M ahead of Southeast Asia expansion

Digital insurance firm Singapore Life has started 2019 with a bang after it raised $33 million across two investments as it eyes new market expansions in Southeast Asia. The company pulled in $20 million from NYSE-listed Aflac Investment on December 31 and then it added a further $13 million via an investment from Aberdeen Standard Investments, a Scotland-based asset management firm with 50 offices worldwide. These deals take the company to $97 million to date, which included a massive $50 milli...
Tags: Fundings & Exits, Asia, Scotland, Finance, China, Southeast Asia, Singapore, Funding, Tech, Asia Pacific, Hsbc, Alibaba, Tencent, Head, Nyse, Asset Management


TikTok is giving China a video chat alternative to WeChat

ByteDance, the world’s most-valued startup, just launched a new social media product under its Douyin brand in what many people see as a serious attempt to challenge WeChat. Tencent has long dominated China’s social networking space with WeChat and QQ. WeChat claims to have one billion monthly active users worldwide, most of whom are in China. Its older sibling QQ managed to survive the country’s transition from PC to mobile and still have a good chunk of 800 million MAUs at last count. Th...
Tags: Social, Apps, Asia, China, Social Media, Tech, E-commerce, Alibaba, Tencent, WeChat, Weibo, Messaging Apps, Social Media Platforms, Snap, Smartisan, Weibo China


Alibaba's 'City Brain' is slashing congestion in its hometown

Alibaba is using artificial intelligence to coordinate more than 1,000 road signals around Hangzhou with the aim of preventing or easing gridlock.
Tags: Cnn, Alibaba, Hangzhou


WeChat is quietly ranking user behavior to play catch-up with Alibaba

Over one billion people leave behind trails of information on WeChat every day as they use the messenger to chat, read, shop, hail rides, rent umbrellas and run many other errands. And the Tencent app has quietly started using this type of signal to determine whether a user is worthy of perks such as deposit-free renting services. The rating system, which the company calls the “WeChat Payments Score” in Chinese, soft-launched last November across eight cities and has been piloting on a small ...
Tags: Apple, Messenger, Asia, Government, China, Tech, Beijing, Alibaba, Tencent, WeChat, Mobile Payments, Bank, Alipay, Payments, Alibaba Group, Ant Financial


Alibaba taps Kabbage to loan up to $150K to SMBs after it quietly acquired OpenSky to ramp in North America

Alibaba’s long-term ambition to grow its business in the US is taking another step forward. To increase sales to US small businesses, the company has partnered with Kabbage, the Softbank-backed unicorn that provides loans to SMBs using big data and machine learning to determine eligibility faster than a traditional bank lender, to provide up to $150,000 of financing at the point of sale on Alibaba.com as part of a new program called Pay Later. The move comes on the heels of an interesting, if sl...
Tags: Amazon, TC, Ecommerce, Asia, Finance, China, Softbank, US, Tech, E-commerce, Alibaba, Dallas, Alipay, North America, Detroit, Jack Ma


Apple HomePod comes to China at $400 amid iPhone sales woes

Apple is finally launching HomePod in China, but the timing is tricky as the premium device will have to wrestle with local competitors and a slowing economy. The firm said over the weekend that its smart speaker will be available in Mainland China and Hong Kong starting January 18, adding to a list of countries where it has entered including US, UK, Australia, Canada, France, Germany, Mexico and Spain. The Amazon Echo competitor, which launched in mid-2017, is already available to Chinese...
Tags: Iphone, Apple, Google, Amazon, Asia, Hong Kong, Hardware, China, Siri, Tech, Spain, Artificial Intelligence, Alibaba, Xiaomi, Tencent, Baidu


SoftBank spent $900 million in investment banking fees in 2018. The only entity it lagged — the People's Republic of China.

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


A small number of banks profited from a SoftBank dealmaking bonanza in 2018 — one of the most lucrative fee opportunities in modern history

SoftBank spent $900 million in investment banking fees in 2018, more than any company in at least a decade. The People's Republic of China is the only entity to outspend the Japanese tech conglomerate. SoftBank has primarily paid fees to investment bankers to raise capital, but it also executed many high profile investments in companies like WeWork and Cruise Automation. If you didn't have SoftBank as an investment banking client in 2018, you missed out on one of the most massive and lucrativ...
Tags: China, Softbank, Trends, Alibaba, Gm, Citigroup, Deutsche Bank, Silicon Valley, Goldman Sachs, WeWork, Goldman, Coupang, Bayer, Nomura, Republic of China, Masayoshi Son


China’s Alibaba Pictures to Partner on STX’s UglyDolls Franchise

STX Entertainment and China’s Alibaba Pictures are partnering to co-produce and co-finance projects in the UglyDolls universe, including the upcoming “UglyDolls” animated movie. The deal, announced Friday, includes a previously announced animated TV series with Hulu, digital and print publishing, mobile and educational games, soundtrack and music, and merchandising and licensing programs covering toys, dolls, […]
Tags: Asia, News, China, Alibaba, Hulu, Stx Entertainment, Alibaba Pictures, Uglydolls


WI Watchlist: Northwestern Mutual, Epic, Exact Sciences, Propeller

It’s time to catch up on notable headlines from Wisconsin’s innovation community:—Northwestern Mutual, the Milwaukee-based insurance and wealth management services giant, has hired Souheil Badran as chief innovation officer. Badran was previously president of the Americas region for Alipay, the online payments platform operated by Ant Financial, the Alibaba-owned fintech firm.Badran’s new role was previously held by Alexa von Tobel, the well-known fintech entrepreneur who left Northwestern Mutu...
Tags: Deals, Startups, Mobile, Apps, Internet Of Things, New York, Connected Devices, Americas, Trends, Tech, It, Walgreens, Software, Healthcare, Alibaba, Wisconsin


China retailers slash iPhone prices after Apple sales warning

Several Chinese electronics retailers including Alibaba-backed Suning and JD.com have slashed iPhone prices this week, after Apple recently blamed poor sales of the smartphone in the country for a rare revenue warning.
Tags: Apple, Money, China, businessNews, Alibaba


World’s most valuable AI startup SenseTime unveils self-driving center in Japan

The world’s highest-valued artificial intelligence startup SenseTime has set foot in Japan. The Beijing-based firm announced on Friday that it just opened a self-driving facility in Joso, a historic city 50 kilometers away from Tokyo where it plans to conduct R&D and road test driverless vehicles. The initiative follows its agreement with Japanese auto giant Honda in 2017 to jointly work on autonomous driving technology. SenseTime, which is backed by Alibaba and last valued at more than $4.5 ...
Tags: Transportation, Asia, Japan, China, Softbank, Tech, Bloomberg, Artificial Intelligence, Beijing, Automation, Alibaba, Transport, Tokyo, Self-driving Cars, Baidu, Honda


The next phase of WeChat

Thousands of people gathered Wednesday night in a southern Chinese city for Zhang Xiaolong, Tencent’s low-key executive who built WeChat eight years ago. It’s no longer adequate to call the app a messenger, for it now enables myriads of functions that infiltrate Chinese people’s private and public lives. It wasn’t just the tech circles tuning into the event. Civil servants, real-estate agents, salon owners, fruit vendors, teachers, artists — anyone who use WeChat to facilitate daily work — wa...
Tags: Social, Apps, Messenger, Asia, Social Networking, China, Tech, Alibaba, Tencent, WeChat, Mobile Payments, Search Engine, App-store, Alipay, Online Payments, Social Network


Ofo cycle hire firm pulls out of London

At its peak the Chinese bike-sharing startup had 6,000 bikes in several English cities The Chinese bike-sharing firm Ofo, known for its yellow bikes that users can leave in the street, is pulling out of London.Alibaba-backed Ofo, which is reportedly teetering on the brink of bankruptcy, had already withdrawn from Norwich, Sheffield and Oxford to focus on London, after facing problems with take-up and vandalism. Continue reading...
Tags: Business, Technology, London, China, UK News, Smartphones, Mobile Phones, Cycling, Oxford, Alibaba, Transport, Cycle hire schemes, London Alibaba, Norwich Sheffield


The CTO of $4.4 billion MongoDB explains why he's 'not terribly worried' that Amazon’s cloud is encroaching on its turf with a new database (AMZN, MDB)

On Wednesday, Amazon Web Serivces announced DocumentDB — a new document database service that's compatible with MongoDB, a popular open source database.  In October, MongoDB — the $4.4 billion company behind the database of the same name — took defensive moves against larger cloud platforms taking and selling its software for profit without giving back.  AWS, in particular, has a reputation for profiting off of free software from smaller companies, while contributing little code to the compa...
Tags: Amazon, Microsoft, Trends, Alibaba, Aws, Mongodb, Costco, Amazon Web Services, Cto, HOROWITZ, Mongo, Amazon Alibaba, Amazon While, Baidu Tencent, Eliot Horowitz, SSPL


Meituan partners with Nvidia, Valeo and Icona for its autonomous delivery platform

Meituan Dianping, China’s largest on-demand food delivery company, announced today at CES that it has signed three new major partners for the development of its autonomous delivery open platform. They are Nvidia, Italian automotive design company Icona, and French automotive supplier Valeo. This is the first time Meituan Dianping, which , has attended CES, where it exhibited its Meituan Autonomous Delivery (MAD) platform. Valeo will provide engines and sensors for MAD’s autonomous delivery vehi...
Tags: TC, China, Tech, Beijing, Alibaba, Nvidia, Food Delivery, Logistics, On-demand, Shenzhen, Meituan, Meituan Dianping, Valeo, Meituan Dianping China, New Area, Hebei