| by Charlie Sheng | No comments

The Roller Coaster of Food-Delivery Companies in Asia (I)

Even before the pandemic, the food-delivery industry in Asia was growing insanely fast with big players trying to take over new markets every month. After the outbreak, these companies finally prove that food-delivery is a necessity in life. However, the food delivery war is still going on, and moving even faster than it was. Based […]

Read More
| by Charlie Sheng | No comments

China’s Travel Giant Ctrip Continues to Suffer

COVID-19 brought China’s travel giant Ctrip or Trip.com ($TCOM) to a halt in January with drastic drop in airline and hotel bookings. It’s been over three months now, has the company recovered yet? An easing policy was announced ahead of the five-day Labour Day holiday in May, meaning to encourage a first travel boom of […]

Read More
| by Charlie Sheng | 1 comment

Hong Kong is finally transforming online to avoid Covid-19

Last month, Hong Kong Television Network (HKEX: 1137), the city’s very own e-commerce platform sets records in monthly turnover. The name although sounds strange to others is actually a rising business in Hong Kong. The company’s original plan was to start a television network but failed to get a legitimate license under Hong Kong’s complicated […]

Read More
| by Repost | No comments

Hedge Fund’s Big Short Shows Why Demand for Alt-Data Is Surging

Repost : Bloomberg.com Author: Lulu Yilun Chen and Bei Hu Before the coronavirus sent stock markets tumbling at the fastest pace since the 2008 financial crisis, Dymon Asia Capital (Singapore) Pte sensed trouble. The hedge fund firm was combining information on past outbreaks with a raft of so-called alternative data, including Google searches in the U.S. and daily readings […]

Read More
| by Charlie Sheng | No comments

Coronavirus: A New Confirmed Case in Your House

Covid-19 has been the reason for sales boost in many unexpected categories like meal kits, video games and even toilet paper. On one hand, brick and mortar businesses are suffering from drops and lock-downs. On the other hand, challenging times create opportunities for industries that we never imagined before. This is not an April Fool’s […]

Read More
| by Charlie Sheng | No comments

Virus Simulation Game Plague Inc Went Viral in China Before Banned

The “infamous” strategy simulation game Plague Inc gets viral again with the spread of the Coronavirus pandemic. Launched in 2012, the game attracts users with its unique and terrifying theme, yet engages players on public health topics. It’s educational, fun and infectious.  According to Measurable AI’s datasets for transactional email receipts, the Plague Inc app […]

Read More
| by Charlie Sheng | No comments

Coronavirus: Travel Giant Ctrip Suffers from Booking Cancellation

Before the pandemic started, China was supposed to experience its annual ritual Spring Festival Travel Rush (Chunyun) and officials were expecting around 3 billion air plane and train trips. Every year during this longest holiday of the nation, the number of outbound tourists would grow as well. Things are too different this year. According to […]

Read More
| by Charlie Sheng | No comments

How Tencent’s Top Games Reacted during Coronavirus Outbreak

The impact of the coronavirus outbreak is starting to hit the tech industry in many ways. This week, world’s biggest mobile trade show Mobile World Congress had to cancel. The MWC is known for being one of the most important shows where top phone manufacturers launch new phones, and has always had a big Chinese […]

Read More
| by Charlie Sheng | No comments

[$IQ] iQiyi saw a subscription boost amid Coronavirus Crisis

As of today, the city of Wuhan has been on lock down for 14 days. Outside the quarantine zone of the whole Hubei Province, people in China are not travelling around or gathering for dinner like what they used to during the Chinese New Year. People are advised to avoid going out. Most local governments […]

Read More
| by Cara Lui | No comments

2019 Rewind: Top 10 Highest Grossing Mobile Games

Happy 2020! 2019 is definitely a huge year for mobile apps and games, with 120 billion downloads all across the globe from both Apple App Store and Google Play, a 5% increase from last year. Thousands of mobile apps benefit from the growth and here are the top 10 games that pulled in the most. […]

Read More