Innovations in Groupbuying Industry

On January 21, 2012, in China Business Forum, Chinnovation, Retail, Tan Yinglan, Yeo Tee Hsien, by Tan Yinglan
English: Shopstop, Clapham Junction From St Jo...
 The Groupbuying Industry has grown exponentially and probably reached its peak in 2011. Over the years, the industry has witnessed a significant number of Groupon clones come and go. To survive in this cutthroat and competitive space, companies have to constantly innovate and maintain an edge over its competitors. Let us take a look at some of the more interesting innovations that took place, as well as other potential evolving trends:

Profile of Chinese Luxury Shoppers

On September 9, 2011, in Health and Personal Care, Retail, by Tan Yinglan

Profile of Chinese Luxury Shoppers Anyone who has visited Chengdu, a second-tier city in western China, cannot miss the ostentatious signs of Louis Vuitton and Cartier in its downtown. According to Chengdu Retail Industry Association, Chengdu is home to 80 percent of international luxury brands and ranked third behind Beijing and Shanghai in luxury sales. […]

“Venture Capital Investments in Mobile, Social, E-commerce & Healthcare” interactive live webinar on Aug 6th, 2011.

Web 2.0 vs Mobile 2.0 Tag Cloud

Due to audience request and the global nature of our loyal fans, I’m hosting a interactive live webinar on the topic”Venture Capital Investments in Mobile, Social, E-commerce”

Here are the details — first the basics, then the fun stuff…

Date: Aug 6th (Sat), 2011

Time: 10am – 11am (Singapore Time, UTC/GMT +8 hours) (New York, Fri 2200*, San Francisco Fri 1900*, London Sat 0300)

RSVP: RSVPs are required to be admitted. See below for details.

I will be moderating a panel with rockstar CEOs and venture capitalists about trends in Mobile, Social, E-commerce & Healthcare.

  • Ivan Lee, Chairman and CEO, Baiwin.cn, Former CEO & Founder, Thai Express
  • Irina Anghel, Secretary General at South Eastern European Private Equity and Venture Capital Association
  • Hian Goh, Founder & Managing Director, Asian Food Channel
  • Danny Oei Wirianto, Chairman at Merah Putih Inc, Chief Marketing, Partners at Kaskus Networks
  • Philip Lew, CEO of XBOsoft
  • Hon Meng Moh, Managing Director, Estatebuzz, Co-founder of IFastfinancial (Fundsupermart)
  • Koichiro Nakamura, COO, Mitsubishi Innovation Kitchen
  • Richard Seewald, Partner, Alpha Associates
  • Sam Yagan, Co-founder of Ok Cupid
  • Snehal Patel, former Senior Vice President at Richard Chandler Corporation
  • Moderator: Tan Yinglan, Author, Way Of the VC & Chinnovation

The theme would be how leading venture investors & CEOs in Asia and European’s top markets reveal the next big tech trends in Mobile, Social, E-commerce & Healthcare and how to profit from them. In terms of audience, there will be a good mix of entrepreneurs who are fluent in cross-border entrepreneurship. Previous attendees of the seminar include executives from Cisco, Microsoft, Twitter, Intel, Haier, Tencent, Kleiner Perkins Caufield Byers, Draper Fisher Jurvetson, JP Morgan, Dow Jones, China Daily, Singtel and many others. An ideal platform for companies who are developing business development relations in Asia.

RSVPs

The last time I produced an event, 200 people reserved free tickets and 50 people didn’t show up. This meant 50 people who could have attended missed the opportunity, and $1,000+ dollars were wasted.

To minimize the no-show problems, every attendee must RSVP and it costs $50. This also ensures audience relevancy and allows us to maintain the high standards and quality of the event that our guests and sponsors expect.

Goodies:

– The first 50 attendees will get gifts (not books, but other fun)

To RSVP, please go here. Hope to see you there!

Yinglan

Bios of panellists

Ivan Lee, Chairman and CEO, Baiwin.cn, Former CEO & Founder, Thai Express


Mr. Ivan Lee is now Chairman and CEO of Baiwin.cn, an online digital media company with a focus on the China market. He was CEO and founder of Thai Express (which he successfully divested.), a chain of 50 restaurants regionally, from New York New York and Xin Wang Hong Kong Café to Pin Le, and Onyx Creations. Ivan graduated with a double major in Philosophy and Economics from National University of Singapore.

Irina Anghel, Secretary General at South Eastern European Private Equity and Venture Capital Association

One of the pioneers in the field of legal advice for investment funds financing entrepreneurial ventures in Eastern Europe, Irina Anghel worked for KPMG before she decided 10 years ago to found a law firm specialized in advising both funds and entrepreneurs. As Secretary General of the South Eastern European Private Equity and Venture Capital Association, member of the Representative Group of the European Venture Capital Association Irina is constantly involved in activities related to supporting entrepreneurs understanding how can they raise capital for their businesses. In 2008, she became one of the 4 Global Ambassadors of the Global Entrepreneurship Week, covering 77 countries and was selected by Eisenhower Fellowships as one of the 25 emerging leaders of the world who were included in their Multi-Nation program. Irina earned an MC/MPA degree from Harvard Kennedy School, she also holds an MBA degree from the program of HEC Montreal and University of Ottawa in Bucharest. In the past year at the Harvard Kennedy School, as a Mason Fellow, she focused on the role of venture capital in stimulating entrepreneurship and innovation and on policy measures aimed at creating a venture capital ecosystem leading to economic growth. While at Harvard, Irina was also the Vice-President of the Venture Capital and Private Equity PIC at Harvard Kennedy School.
Hian Goh, Founder & CEO, Asian Food Channel

Hian Goh is Co-Founder and Managing Director of the Asian Food Channel (AFC), the first and only pan-regional 24-hour food TV channel in Asia. Hian brings an astute financial perspective to the establishment, having extensive experience as an investment banker and entrepreneur. His business acumen has helped to propel the channel from strength to strength, transforming it into one of the leading lifestyle TV channels in Asia today and ensuring the Channel’s growth even during one of the worse economic global downturns.

In June 2008, Hian led a successful investment deal between AFC and Symphony International Holdings Limited (SIHL), which provides the company with the financial resources to continue its expansion across the Asia Pacific Region.

Danny Oei Wirianto, Chairman at Merah Putih Inc, Chief Marketing, Partners at Kaskus Networks

Mr. Danny Wirianto is Chief Marketing Officer at KASKUS Networks. Prior to joining KASKUS Networks, Danny Wirianto is known as the Founder and Chief Executive Officer of SemutApi Colony – Brand Marketing Communications and also Chief Executive Officer of Merah Cipta Media Group.

Mr. Danny Wirianto was born in Jakarta on November 1st, 1974. Danny Wirianto who holds a BFA with honors from the He has spearheaded KASKUS Networks in rebranding “The New KASKUS Networks” and also created strategic implementation and management for marketing and sales programmes.

Danny Wirianto who holds a BFA with honors from the Kendall College of Art and Design has shown his competency in handling global brands, especially at Agency.com, where he led the initiative to establish a joint venture office in Seoul, Korea.

Philip Lew, CEO of XBOSoft

Philip Lew

As CEO, Mr. Lew guides XBO in its overall strategy, operations, and business development. Previously, Mr. Lew worked at a large IT services provider as their Chief Operating Officer and Senior Vice President.

 

Previously, Mr. Lew founded Pulse Technologies, Inc., a leader in contact center systems integration in Chantilly, VA. As the company’s President, Mr. Lew managed the overall growth and operations of the company. In 1996, Pulse Technologies and its proprietary call center data warehousing software called soEASY were sold to EIS International (a public company listed on NASDAQ), a nationwide leader in contact center management systems. Mr. Lew served as Senior Vice President-Systems Integration Services at EIS following the acquisition. Shortly after the acquisition, Mr. Lew went to the Netherlands, where he managed software product development of new products at TeleDynamics, a telecommunications software product company that sold products and services to PTT Telecom.

 

Mr. Lew is an Adjunct Professor at Alaska Pacific University and Project Management College teaching graduate courses in software engineering, IT project management, and IT Governance. Mr. Lew is a certified PMP.

 

Mr. Lew has presented at several conferences including ICWE09-10, Interface, CTI Expo, and EuroForum on contact center technology and web application usability and quality evaluation. He has been published in Project Management Technology, Network World, Telecommunications Magazine, Call Center Magazine, TeleProfessional, and DataPro Research Reports. He received his B.S. and Master of Engineering degrees in Operations Research from Cornell University and his Ph.D. from Beihang University where his research area focused on software usability and quality evaluation. His research areas are currently focused on measuring user experience.

Moh Hon Meng, Managing Director, Estatebuzz


Hon Meng worked for multinationals such as Procter and Gamble before he became an entrepreneur and co-founded iFAST Corporation Pte Ltd with CEO Lim Chung Chun in 2000. iFAST operates the well known unit trust website Fundsupermart.com, and the largest investment platform for financial advisers in Singapore, known as iFAST Central.

 

Today, iFAST has 260 staffs and operates in Singapore, Hong Kong, Malaysia (a joint venture with OSK Investment Bank) and India (a joint venture with Deutsche Bank). The business has won many awards, most notably the 9th and 2nd positions it attained in the Enterprise 50 awards of 2007 and 2008 respectively and the 15th position in the 50 Fastest Growing Companies of Singapore in 2008.

 

Hon Meng was iFAST’s Group Executive Director and Managing Director of International. In January 2010, he became a non-executive director of the board and assumed the position of the Chairman of the board’s audit committee.

 

Hon Meng graduated from NUS in 1992 where he majored in Economics and Psychology. He indulges in writing in his spare-time. His plays and books have been published by Simon and Schuster, Heinemann, The National University Press, Martin and Elliot and Resonant Publishing, and have won several prizes. He also wrote regular columns for Fundsupermart Magazine and The Peak Magazine. Hon Meng is a member of Mensa and loves word puzzles and games.

He is married, has two young sons and lives in Simei estate.

Koichiro Nakamura, COO, Mitsubishi Innovation Kitchen

Koichiro is a rare individual in the conservative Japanese culture in the role of serial entrepreneur. He started his first successful company during college and has spent a decade working on a multitude of start-ups. At Mitsubishi Corporation he has created relationships in the large Japanese conglomerates, providing the credibility needed for portfolio start-ups to find alpha and beta clients. Koichiro is on the boards of Innovation-Kitchen, (Mitsubishi’s incubation firm in Tokyo) and Scigineer (Japan’s leading discovery engine company).

At Mitsubishi, Koichiro worked in the telecommunications division and led multiple startup companies. He created Japan’s first Application Service Provider (ASP), Datastations (acquired by ValueCommerce). Before Mitsubishi, Koichiro worked on many start-ups including being a founding member of Yahoo! Japan.

He has been a commercial reviewer for the National Science Foundation’s SBIR grant program from 2007.

Richard Seewald, Partner, Alpha Associates

Richard Seewald, Partner, Investments, Alpha Associates

Richard has been originating, analyzing, structuring, negotiating and executing private equity investments in the Central European region since 1999. He has been involved in the region since 1990 and prior to joining ALPHA Associates in 2005 was a partner at Benson Oak, a Central European investment banking/private equity group, where he focused on growth capital and buyout opportunities. He participated in investment transactions in the banking sector, TMT sectors, automotive industry and in the retail sector. Earlier in his career, Richard was an associate at CMS Cameron McKenna, a London based international law firm, where he advised on privatizations, mergers and acquisitions and private equity transactions while based in the Prague offices. Richard holds an MBA from the University of Chicago Graduate School of Business, a Doctorate in Law from the New York Law School and a B.A., Business, from Pace University.

Sam Yagan, Co-founder of Ok Cupid

Sam Yagan is the Co-Founder and CEO of OKCupid.com He has spent six years as an entrepreneur, first as Co-founder and CEO of TheSpark.com, Inc., maker of SparkNotes, the world’s leading brand of educational study aids. More recently, he has served as President of MetaMachine, Inc., developer and distributor of the world’s leading P2P file-sharing application, eDonkey. Sam has also served as Vice-President and General Manager at Delias, Corp., and Vice-President and Publisher at Barnes & Noble, Inc.

Sam has a BA in Applied Mathematics & Economics from Harvard College and an MBA from Stanford University’s Graduate School of Business.

Snehal Patel, former Senior Vice President at Richard Chandler Corporation

Snehal is a former Senior Vice President and the head of healthcare investing at R. F. Chandler, a Singapore-based private investment group focused on entrepreneurial investment in social and financial businesses. In this role, he is responsible for the firm’s commitment to enhancing the quality and availability of healthcare in the developing world. During his time at R.F. Chandler, Snehal has played an active role in the development of the firm’s social investment strategy and execution.

Prior to his move to Singapore, Snehal worked as a corporate associate at Cravath, Swaine & Moore LLP, the New York law firm. At Cravath, Snehal’s practice focused on mergers & acquisitions and debt finance for a wide array of companies and industries. Snehal holds an MD from the Columbia College of Physicians & Surgeons and a JD from Columbia Law School. In addition, Snehal completed his internship in surgery at the Beth Israel Deaconess Medical Center, a teaching hospital of Harvard Medical School. Snehal is an avid traveler who enjoys tennis, golf and running, when he finds the time.

 

 

ZEBEX Eagle Z-6180 Scan Module

On November 19, 2010, in Electronics, Retail, by Frank Li

The Eagle Z-6180 offers a high-performance solution with its dual-laser technology that is built for extremely high-volume applications.

Chinnovation Pictures

On October 26, 2010, in Retail, by Tan Yinglan

A picture speaks a thousand words – hopefully, these photos will give you a sense of China + Innovation.

Premium WordPress Themes