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You must have heard of the Chinese social commerce legend Pinduoduo, the fastest-growing mobile shopping platform featuring “team purchase” and social sharing function in China which became a $23 billion empire in under 4 years.
For this week’s episode, we invited Nicolas du Cray, an early investor of Pinduoduo and Partner at Cathay Capital - Innovation Fund to talk about Pinduoduo and Social Commerce in China. Nicolas shared how he decided to invest in this company, analyzed the strengths of Pinduoduo, and the challenges of internationalising the social commerce model. He also answered many questions collected from our listeners.
Show Notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos and guest Nicolas du Cray, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
As an early pioneer in cross-border commerce, Lu Guo chose to leave a multinational company and jump into the jungles of entrepreneurship. She shared her belief behind building her startup Shopal which aims to help global brands to build a strong presence in China through a data-driven process. She also shared her early stage business life in an accelerator - Chinaccelerator. Here is a quote from her: “The scary piece is that you only believe in system”.
Shopal is a solution provider for online and offline retailers in China which has secured RMB200 million (US$29.17 million) in a series B+ round in September 2018. Chinaccelerator SOSV invested in Shopal as one of Batch 7 companies.
Show notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos and guest Lu Guo, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Many opportunities and challenges are found in the startup world under the impact of globalization. Today, we have invited Omid Scheybani, former Global Head of Partnerships and Business Development at ofo to share the challenges of Chinese business going international from the perspective of management, product and brand, and also opportunities for overseas talents working in China.
Ofo is a leading bike sharing company in China, which was valued at up to $2 billion and had over 62.7 million MAU (monthly active users) in 2017.
Show Notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, Ryan Shuken, and guest Omid Scheybani, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Mindfulness as a tool for businesses has been growing in the West and is now starting to come to China. Brandon Mehrgut, of Shanghai Mindfulness, explains what mindfulness meditation is and how beneficial it is to the Chinese start-up culture and community. Practicing mindfulness can help improve attention, focus, and stress. It has also been practiced by important people and businesses, such as Steve Jobs and DiDi. Join us, and listen to how mindfulness can improve your business.
Shanghai Mindfulness is an English-speaking mindfulness organization. It was founded by Brandon Mehrgut and has become China’s largest mindfulness community. Shanghai Mindfulness helps overworked, stressed out people find peace and balance.
Show Notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, guest Brandon Mehrgut, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Chinese companies are exploring many initiatives to achieve business sustainability, including Ele.me‘s RELAB and Meituan’s emphasis on environmental protection. Ofo, Mobike and many Chinese bike sharing companies ever generated a large amount of attention and discussion on whether they are leading a sustainable lifestyle or just creating e-waste mountains. You can see many opportunities in different industries in China to experiment and implement your idea of sustainability. Today, we have Richard Brubaker, expert in business sustainability, to share his perspectives.
Collective Responsibility is a Shanghai-based firm to design and develop corporate responsibility, sustainability, and leadership strategy for corporates, nonprofit and academic institutions.
Show notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, guest Richard Brubaker, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
The buzzword “New Retail” has swept through China for over one year. What challenges does it bring to the traditional retail industry and how can international brands cope with the new retail concept? Today, we have invited Stephane Monsallier, founder of shops for the future. He shared with us his views on the very exciting concept that was born in China and is now rapidly spreading to the rest of the world.
Shops of the Future helps international brands navigate the new innovation in the retail space in china.
Show Notes:
1:27 Introduction
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, guest Stephane Monsallier, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Many founders believe an IPO is the only option for an exit. Today, we sit down with Bruno Bensaid, co-founder of Shanghaivest, mentor at Chinaccelerator, and long-term player in China’s startup ecosystem to share his insights on early exits and acquisitions by corporate bodies. Here’s a short quote: “All options should be on the table from very early on”.
Shanghaivest helps build and execute investment, expansion, fundraising and exit strategies for companies in China and Overseas.
Show Notes:
01:10 Introduce Bruno
01:52 How Bruno made transitions from engineering to business
03:48 Is go public the only ultimate goal?
8:19 All options should be on the table from the very early on
10:40 How’s the acquisition market in China and how it involves
11:55 More transactions in gaming and healthcare industry
12:33 What are those Chinese buyers? What acquisitions are they looking for?
17:35 Local corporate VCs are more active than Google - they have a large range of investment possibilities
19:13 The early exit doesn’t mean that founders get less return. Do you see early exit is good for founders in China?
22:30 You need to think about your exit early.
25:01 Example of App Annie
29:03 Why does it make sense to consider an early acquisition in China and what’s the criteria for corporates to decide on acquisition
36:06 Contact Bruno
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, guest Bruno Bensaid, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Slush is one of the fastest growing events and communities for startups globally, bringing together both local and international companies to help inspire and support youth to pursue their dreams of entrepreneurship.
Today, we welcome Chen Wang, the person who helped the event break into the Chinese market, starting with Beijing in 2015. With Slush Shanghai coming up next month (September 7 to 8), Chen talks to us about the challenges of entrepreneurship, including maintaining good relationships with the government, protecting intellectual property and other essential tips to prospering in China.
Listen to the end for a special surprise for our dedicated listeners, on behalf of Slush China!
Show Notes:
Feel free to leave a comment and start a conversation with us! If you have an ideal guest whom you would like to listen to, please let us know and we'll do our best to realize it!
Many thanks to our host Oscar Ramos, guest Chen Wang, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website www.chinaccelerator.com
Fintech has come a long way in China, from barely being recognized to one of the fastest growing markets in the region. As the world’s leader in Fintech technology, China is a breeding ground for Internet finance companies, and accordingly, investment in the industry. With millions of users and an ever-growing number of fintech unicorns, the future of Internet finance looks exceedingly bright in China.
Today, we present another special episode recorded live at RISE Conference 2018, where Oscar Ramos sat down with venture capitalist and fintech investor Wei Hopeman. After beginning her career in financial services and investment banking, Wei co-founded Arbor Ventures in 2013, the first VC fund specialized in fintech in the Asian ecosystem. She talks to us about the growth of fintech, the benefits of corporate VCs, and how founders and corporate VCs can improve their interactions with each other, as well as many other topics.
Many thanks to RISE Conference 2018 for gathering global elites in Hong Kong and supporting China Startup Pulse to present good quality content for our listeners.
Show notes:
As always, thanks to our host Oscar Ramos, guest Wei Hopeman, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website at chinaccelerator.com!
On this day 2 years ago, China’s ride-hailing industry experienced a major turning point - Didi purchased Uber’s China operations and Uber took a 20% stake in Didi. So far Uber has expanded in more than 449 cities and 66 countries. Today, many companies are still trying to elbow into this crowded industry.
In this episode, we are lucky to have Sam Gellman as our guest, the first international Uber employee that took care of the company’s expansion in Asia and China. Sam shared his past experience in redesigning Uber’s playbook to adjust to China’s unique ecosystem, channels for communication and user acquisition. Despite knowing only a bit of Chinese, Sam was assigned to create a Chinese name for Uber. Fortunately, the Chinese name 优步 turned out to be one of the most well-received foreign company names. As the person who worked on market localization for Uber, Sam also shared how they took the company from nothing to a massive exit within 3 years.
Also check out Uber CEO and Co-Founder Travis Kalanick's statement on the merger: https://www.uber.com/newsroom/uber-china-didi/
Many thanks to RISE Conference 2018 for gathering global elites in Hong Kong and supporting China Startup Pulse to present good quality content for our listeners.
Show notes:
As always, thanks to our host Oscar Ramos, guest Sam Gellman, editor David and Geep, organizer Chinaccelerator and sponsor People Squared. Be sure to check out our website at chinaccelerator.com!
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