Over the past two weeks, institutional investors have piled into the Alibaba roadshow as if the company was handing out free money. The long awaited process started three years ago and the…
Top five Chinese business laws everyone should know
China is a massive marketplace, teeming with talent and a potential goldmine for investors and entrepreneurs. It’s little surprise so many startups set up shop in Shanghai, Beijing, Guangzhou or other cities…
Red Herring crowns Top 100 Asia winners in Hong Kong
A hundred technology companies from across Asia were crowned Red Herring Top 100 winners last week. The ceremony, which closed out three days of seminars and presentations at Hong Kong’s Hyatt Regency…
Rumors of Apple’s wearable tech launch cast shadow over Samsung smartwatch unveiling
By Anam Alpenia Samsung unveiled its sixth new smartwatch in a year this week, as the Korean company looks to build an early share of a new sector. But with Apple’s entrance…
‘Game-changing’ mobile network to release wave of Myanmar tech talent
Myanmar recently crawled out from under the rule of military dictatorship, but tensions in the Southeast Asian country remain high and corruption is endemic. However, new infrastructure could be about to unleash…
Southeast Asia technology sector sees boost from emerging countries
Southeast Asia’s tech sector has traditionally been driven by two of the four ‘tiger’ economies: Hong Kong, Singapore, South Korea and Taiwan. But the region’s other players are showing sharp claws too. It…
Samsung suffers third straight quarter of declining profits
Samsung has posted a 20% drop in net profit in its latest earnings report. The South Korean company also announced the worst performance by its smartphone business since the second quarter of…
Sony’s surprise Q2 profits belie poor annual figures
Sony Corp posted surprise second-quarter profits today, despite warning of big year-end losses. Net income for the three months ending June was $260.82 million, compared to $30.1 million for the same quarter…
Hackathon to target North Korea’s ‘Hermit Kingdom’
A two-day hackathon next month is aiming to bring more information to North Koreans. Hack North Korea, held in San Francisco between August 2 and 3, is hosted by New York-based NGO…
Southeast Asia set for e-commerce boom
Southeast Asia is the next big market for online shopping according to a recent study by UBS, which warns of the threat to established retailers posed by e-commerce firms. Physical barriers such…