Asia Startup Pulse

Asia Startup Pulse

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Asia Startup Pulse episodes

  • The rise of Pinduoduo and how it is disrupting Chinese e-commerce with Nicolas du Cray, Partner at Cathay Capital

    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:

    0:00 - 1:24 Welcome Back to China Startup Pulse
    1:26 - 2:00 Introducing Nicolas du Cray
    2:06 - 3:16 Du Cray’s experience in China
    3:16 - 3:49 Shift from Engineering to Venture Capital
    3:49 - 4:27 What is Cathay Capital?
    4:28 - 5:21 Importance of Venture Capital to Multi-National Corporations
    5:22 - 7:25 Cathay Capital’s Investments and Trends in Chinese Innovation
    7:26 - 8:28 Value of Foreign Venture Capital to Chinese Start Ups
    8:30 - 9:06 What is Pinduoduo?
    9:07 - 11:43 Social Commerce, Pinduoduo, and WeChat ecosystem
    11:44 - 12:46 Cathay Capital Innovation and their Investment in Pinduoduo
    12:47 - 15:22 Audience Question: History of Pinduoduo and Cathay Capital
    15:22 - 17:53 Audience Question: Pinduoduo’s Innovation in E-Commerce
    17:54 - 19:06 Growth Trigger of Pinduoduo
    19:07 - 20:14 Pinduoduo’s Business Model and Competition in China
    20:15 - 22:05 Audience Question: Challenges for Pinduoduo’s model going Abroad
    22:05 - 23:05 Future of WeChat’s platform
    23:06 - 23:35 Audience Question: Future of Pinduoduo
    23:36 - 24:27 Does Nicolas use Pinduoduo?
    24:31- 25:50 Signing Out and du Cray’s Contact Information

    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

    26 min
  • The Growth Story of An Emerging E-Commerce Startup with Lu Guo, Founder of Shopal

    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:

    01:06 Introduce Lu Guo
    02:00 First experience in cross-border commerce space
    03:37 What is Shopal and stories behind Shopal
    07:23 The concept of “TP”
    07:57 Lu’s motivation to leave the comfortable zone
    10:31 Differences between being an entrepreneur and working in corporates
    13:47 As a Vice President in Johnson&Johnson
    16:30 What triggered Lu to jump into the jungle of entrepreneurship
    18:50 Change and opportunities in the commerce industry
    22:29 How Shopal helps global brands in China
    24:20 The biggest technology breakthrough for Shopal
    26:23 Data driven process
    27:23 The future of Shopal
    29:11 Business and life in Chinaccelerator
    31:00 Contact Shopal

    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

    33 min
  • The Challenges of Chinese Companies Going Global, with Omid Scheybani, Former Global Head of Partnerships and Business Development at ofo

    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:

    0:00 Welcome Back and Introduction
    1:50 Introducing Omid Scheybani
    2:50 How Omid came to China and why he stayed
    4:45 Chinese perceptions on Global Markets
    8:15 Chinese Technology Going Global and shift in Chinese exports
    12:27 Diversity in Chinese Business and need for International Talent
    14:57 Omid’s Advice on working for Chinese companies
    17:55 Challenges in Internationalization for Chinese Businesses
    19:25 Adapting to Chinese Business Norms and Treatment of International Talent
    20:25 Perspectives of Chinese products in International Markets
    26:34 Lightning Round Questions
    29:19 Spread of Chinese Products to Foreign Markets
    33:31 Omid’s Contact Information
    Omid's website: omidscheybani.com

    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

    36 min
  • The Importance of Mindfulness and how it can improve your business, with Brandon Mehrgut, founder of Shanghai Mindfulness

    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:

    0:04 Introducing Brandon
    1:40 Explaining Mindfulness Meditation
    2:36 Why is Shanghai interested in mindfulness?
    3:09 Mindfulness application to Entrepreneurs
    4:18 How can entrepreneurs practice mindfulness?
    5:12 Reasons for entrepreneurs to seek mindfulness training
    7:00 Silicon Valley-style mindfulness and China
    9:37 How do hard-working, Chinese start-ups adapt mindfulness?
    14:07 Who are the pioneers promoting mindfulness?
    15:19 Mindfulness Arrives to China
    17:40 Shanghai Mindfulness’s work with DiDi and other Chinese Companies
    19:38 How does management implement mindfulness?
    22:25 What is the data behind mindfulness?
    25:55 How to contact Brandon Mehrgut

    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

    28 min
  • The Initiatives of Business Sustainability in China with Richard Brubaker, Founder of Collective Responsibility and HandsOn China

    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:

    01:20 Introduce Richard
    02:06 What makes Shanghai special
    03:44 Why sustainability is a very important thing in China
    06:19 How sustainability in China is relevant with the rest of the world
    10:44 Is sustainability leading the born of China innovation
    13:05 Chinese consumers are amazing early adopters. Is Shanghai a perfect lab for sustainability?
    15:13 Is the booming E-Commerce industry in China sustainable?
    18:16 How do you see that ele.me launched ele.me Lab because of the impact of sustainability
    22:05 Are these bike sharing companies truly leading the sustainable lifestyle?
    25:00 Mobike’s GPS functionality helps improve the sustainability
    28:08 How consumers think about sustainability
    34:14 How can a founder start thinking about sustainability in the user experience and core of the company
    38:00 In the space of sustainability, which industries in China are more friendly for foreigners
    40:20 How to contact Richard

    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

    43 min
  • Embrace the New Retail Wave in China with Stephane Monsallier, Founder of Shops of the Future

    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

    3:13 How things have changed in China
    4:30 Changes in retail industry and how mobile payments are disrupting the industry in China
    7:08 International brands coming to learn in China
    8:56 Relevancy for all brands or brands that have presence in China
    10:00 China is not an easy market
    11:50 Hema experience in China
    13:17 New retail wave of startups
    15:39 Not too much about technology, but mindset change is key
    17:00 Embrace the wave of new retail
    19:10 The China speed
    21:31 Importance of business thinking
    22:45 Traditional Chinese retailers
    24:49 Convenience stores
    26:41 New retail changes consumer habits
    28:28 How to reach out to Stephane Monsallier

    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

    30 min
  • The Myth of An Early Exit with Bruno Bensaid, Investor and Co-Founder of Shanghaivest

    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.

    Check out the article: “Why founders need to prepare for exits” https://medium.com/sosv-accelerator-vc/why-founders-need-to-prepare-for-exits-97766d865410

    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

    39 min
  • Breaking Down Barriers and Establishing a Global Startup Community, with Chen Wang, CEO at Slush China

    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:

    01:30 Introduce Chen
    02:23 What’s so special about Slush
    06:15 Finding support and security in Finland
    08:40 Global Community in Shanghai
    11:05 The Chinese roots of Slush
    13:03 The importance of government relations in China
    15:31 Advice to organizations coming to China
    18:58 Intellectual property concerns
    19:51 The Chinese presence at Slush
    24:25 Contact Info

    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

    26 min
  • The Rise of Fintech with Wei Hopeman, Co-Founder and Managing Partner of Arbor Ventures

    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:

    1:02 Intro 1:40 How Wei got into financial services 5:20 Going into investment banking 7:04 The growth of fintech in Asia 9:06 The lack of infrastructure in financial services 11:52 Launching fintech in China 14:52 Benefits of corporate VCs 16:42 Key questions a founder should ask corporate VCs 18:05 Key difference between types of VCs 20:36 Educating corporates in working with startups 22:51 Women in VC 29:51 The future of Arbor Ventures

    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!

    32 min
  • Market Localization of the Highest Valued Unicorn with Sam Gellman, First Foreign Employee of Uber China

    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:

    Intro 1:44 Coming to Hong Kong with Goldman Sachs 2:40 Scaling Uber to Europe 8:30 The most surprising part of launching in Asia 10:08 Choosing a Chinese name for Uber 12:35 The key lesson learned from Uber 17:31 Having a global footprint while still improving your product 23:31 What’s keeping Sam busy 25:30

    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!

    28 min

About Asia Startup Pulse

From the publisher's feed

The Asia Startup Pulse Podcast, previously known as China Startup Pulse Podcast, is an original weekly podcast for anyone interested in understanding the innovation, business, and tech landscape in Asia. We bring the best of the Asian startup ecosystem, showcasing entrepreneurial stories, insights from thought leaders, and dissecting the strategies employed by tech giants.