Friday, December 30, 2011

Alibaba to Launch Open Platform Serving Group Buying Players

Alibaba, the Chinese ecommerce giant announced this Wednesday the Open Strategy for its group buying arm Juhuasuan, which just got spun off in this October. In next year, Juhuasuan will be launching an open platform which other industry players could leverage for better traffic and broader audience. Meituan, Gaopeng and Manzuo are among the first batch to go onboard.

The site will also be moved to an independent domain name – juhuasuan.com – from the current ju.taobao.com.

Alibaba revealed some data regarding Juhuasuan’s operation in 2011, here’s some highlights:

Launch: March 22, 2011

Spin-off: October, 2011

Transaction volume: RMB 10 billion plus (US$ 1.58 billion)

Daily Uniques: 12 million

Users: more than 10 million

Funding: RMB 1.2 billion (US$ 190 million)

Offering Local Business: in 41 cities

 

Winter Sets in for Group Buying? Alibaba Doesn’t Think So

With an unbroken string of news like shutting down service, retrenching from blind expansion, shedding off headcount, counterfeit products and the list can goes on and on, with all those unfortunate news, it seems to many that the spring has long gone and winter is about to set in.

However, Shao Xiaofeng, secretary-general of Alibaba remarked that

“Group buying is not in winter, and not the case in the next three years.”

According to iResearch, the Beijing-based think tank that in 2011 China’s group buying business will have a cumulative transaction volume of over RMB 19.8 billion (US$ 3.1 billion) while Juhuasuan will claim 50% of the market share. Probably that’s where Shao’s confidence comes from.

Shao Xiaofeng, secretary-general of Alibaba. 

Photo Credit: TechWeb

 

 

 

Related posts:

  1. Alibaba Spins off Group Buying Platform with Big Ambition
  2. Gaopeng Accused Over Counterfeit Tissot Watch
  3. Meituan Snags up Former Alibaba VP as COO


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Japanese Carriers Begs Not To Use Cellphone For 2 Hours Around New Year’s Eve Midnight

Telecommunications Carriers Association with all 5 Japanese cellphone carriers NTT Docomo, KDDI au, Softbank Mobile, Wilcom and e-Access(who runs e-Mobile) issued release on December 21 [J], ask their users not to call or e-mail around and after the midnight of 2012's new year's eve.

"Rabbit's last, and dragon's first request" line is from Chinese Zodiac, as 2011 was a year of rabbit and 2012 is dragon.

How active Japaneses' greeting after the New Year's eve may be already known by the incident they recorded the Twitter's world record last year.

Docomo's SP mail glitch in December was reportedly caused by too much traffic on regular media, though some online tech media point out that it is the fault of the system design (Docomo uses IP address to identify mail users). For carriers, asking their customers not using cellphone might be the cheapest preparation.

via Hatena Bookmark News [J]



Japanese Carriers Begs Not To Use Cellphone For 2 Hours Around New Year’s Eve Midnight


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Twitcmap – Twitter-based Masssive Comic Market Directory

Twitcmap [J], run by a illustration sharing community Tinami [J], is a web service to try to make a huge map of the world's largest self-publishing comic fair "Comic Market" [J], which is held twice in a year in Tokyo, in a user-generated style with utilizing Twitter.

Comic Market official says that there are over 35,000 circles set their booths during 3 days convention. On this Twitcmap, over 11,000 of them registered their booth location, with their circle name, illustration, description and Twitter account.

If you log in and register your circle, you can find location of other circles which you follow on Twitter. As those small circles socialize each other, and give each other small helps such like lending hands when their friends circle have too many purchaser lining up, this kind of directory is useful.

The 81th Comic Market is running from 29th to today at Tokyo Big Sight.



Twitcmap – Twitter-based Masssive Comic Market Directory


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Flexiroam unshackles business travelers from Skype; allows unlimited overseas calls

Skype is nice, but you’re screwed if don’t have access to a wifi network and don’t want to pay hefty roaming charges. That’s a predicament many business travelers face when they’re out and about — say, heading to a site visit in India or a networking event in Vietnam.

Sure, the world is getting increasingly wired and a wifi Internet connection is becoming as common and taken-for-granted as water, but such luxuries aren’t always readily available in most countries.

Even in shiny, high-tech Singapore, there are spots in town where the free wifi connection is wonky, or inaccessible because it needs a password.

So, how does a driven, power suit wearing entrepreneur ensure that she closes that sale or troubleshoot an urgent, looming crisis that threatens her business?

Flexiroam offers a possible answer. Founded by Jef Ong in 1st April 2011, Flexiroam is a Malaysia-based company that offers travelers unlimited calls at over 200 countries for a flat rate. So, if I’m a Singaporean on a business trip in Jakarta, I can make calls to Singapore and receive incoming calls — both unlimited — at S$10 (US$7.70) a day, saving me from extravagant roaming charges.

To use Flexiroam, I’ll need to purchase an overseas SIM. I’ll then be given instructions on how to connect my number with the Flexiroam gateway. After I switch to the overseas SIM upon arrival at my destination country, I’ll need to send a text to tell Flexiroam to direct all calls to my mobile phone.

Such a scheme has the added convenience of allowing you to retain your existing phone number while overseas.

While the service was initially available only to Malaysians, it has since launched in Singapore the past November, with plans to establish a physical presence at Changi Airport soon. According to Nicholas Yeap, Flexiroam’s marketing chief, they expanded to Singapore because “on average every Singaporean travel out of their country at least twice a year — four times more than an average Malaysian.”

India will be their next stop. Already, they have two offices there — one in Delhi, the other at Indore. “They have the largest airport in the world and are growing more than ten percent yearly in terms of international outbound passengers. We foresee that more Indians will be traveling out of their country for work or holiday.”

So far, reception towards Flexiroam has been promising. Jef Ong, the founder, has received much press coverage and recently auditioned for DEMO Asia. He told Malaysia Entrepreneurs in November that the company has saved businesses over 700,000 Malaysian Ringgit (S$290,000) and served over 2,000 customers.

Nicholas told SGE that 400 corporate customers have used Flexiroam at least twice in eight months. They’re partnering with 500 travel agencies to bundle Flexiroam with their travel packages from February 2012. An agreement has also been signed with Malaysian Airlines to offer special packages to their 20,000 staff. Altogether, they’re registering a 30 percent month-on-month growth in terms of sales and subscribers.

In Jan 2012, they will be launched Flexiroam Infinity SIM, which is a SIM card bundled with a Flexiroam pass. This product caters to power users who don’t want to waste time buying a local SIM and would rather have a card that works in 121 countries, including South Korea and Japan. A data plan for travelers to Europe can be included.

Jef has been bootstrapping his business all the way, and they have sufficient resources to roll out their operations in Malaysia and Singapore for the next twelve months. Nonetheless, they are already talking to several venture capitalists to go regional, although nothing is concrete yet.


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The best of 2011

We are now less than 24 hours to 2012 and it’s a really good time to reflect on some of the lessons learnt throughout the year. Yup, 2011 has been an eventful one for e27. We did our first ever Satellites for Echelon, had a great time traveling around Asia and meeting new people and saw Facebook, Akamai and Research In Motion starting to pay more attention to Asia.

To cap of 2011, I thought I’ll summarize some of the interesting lessons that would definitely be useful to carry into 2012. Here they are with some of my own thoughts on them.

To attract foreign venture capital, one must first have a vibrant local angel/investor community

This was talking to TiE Global Chairman, Ashok Rao, and investor Anil Khatod who explained that how foreign venture capitals gauge the attractiveness of a tech startup community is based on how active the local investors are. Take for example India, where a lot of successful, local entrepreneurs are reinvesting their money into the local tech startup community and has drawn the attention of many US-based investment firms who have since set up local offices.

Running a startup is not about success, it’s about minimizing failures

Probably the best advice of the year came from Amobee’s CEO, Trevor Healy. This probably holds more weight in our Asian culture where failure is heavily frowned on. At first, I didn’t understand how important this idea was, until I gave it more thought. My opinion is that if you run a startup focusing only on succeeding, you end up getting let down because doing a startup is hard and you have a high probability of failing. However, if you drive your startup with a more pessimistic outlook on your chances, but make every possible effort to minimize failures, you tend to be more driven, careful and satisfied with small wins that allows you to move on. What doesn’t kill you makes you stronger. At the same time, entrepreneurs should not only be judge by their successes, but also by the amount of failures they have managed to skirt, intelligently. Failure is unavoidable at times as sometimes the situation may not be favorable, the important thing is that you did your best to get out of a sticky situation.

Don’t be blindly in love with your idea, be ready to adapt and change

Anuj Khanna Sohum of Affle had this advice to give during an interview with e27. A lot of times, entrepreneurs think they have the best idea in the world. Somtimes, like Mark Zuckerberg, they are right. Most of the times, the idea requires some tweaking to get it there. There’s a thin line on trusting your instincts against strong criticism and objections that your idea will work, and listening to the feedback and making the necessary changes.

So, we hope all our readers have enjoyed the content that we have covered throughout the year. We will be looking forward to more exciting times in 2012. If you have any leads on something you would like us to cover, or want us to find out more, do drop us a note at tip[at]e27.sg. Our blog is also open for guest posts. We have been engaging some key individuals throughout the region to help bring their knowledge to our readers and are actively searching for more. Do enjoy the last of 2011 and have a great countdown to welcome 2012. We’ll see you then!


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回顾 2011 :: the year in retrospect

I put together a short deck to share what I felt were significant events in 2011. I thought it would be a great way for relatives and friends to catch up with what I’ve been busy with this past year. The photos in the deck are courtesy of yours truly. 2011 in Retrospect Header image Continue reading →

Related Posts

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  3. Weighing in on Singapore Elections 2011

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The future of Angry Bird – Hello Kitty: Part II

Continue from our last story about Angry Birds and its developer, Rovio.

The 52nd game

Rovio was started by three students from Helsinki University of Technology (currently Aalto University School of Science and Technology), Niklas Hed, Jarno Väkeväinen, and Kim Dikert. In 2003, they participated in a mobile game development competition at the Assembly demo party sponsored by Nokia and HP. They won the competition and Niklas asked Peter Vesterbacka, who was HP’s representative, what they should do afterwards. Peter said, “You should form a company and make many mobile games.”

So, the trio started making games. Firstly, it was for other companies. “We learn a lot using others’ money.” And then, they made they own. Finally, in December 2009, they launched their 52nd game, Angry Birds and became famous world-wide.

Startup Sauna

“Angry Birds is not a overnight success,” said Peter. He encourages young people to try and may one day, just like the trio in Finland and found their own dream come true. Today, Peter consults young entrepreneurs via a startup organization called, Aaltoes, or Aalto Entrepreneurship Society in full. It is one of Europe’s largest and most active entrepreneurship community. “We gather the most talented students and researchers to create more startups and build international connections in and around Aalto University in Helsinki, Finland,” said Antti Ylimutka, one of Aaltoes’ Board Member.

Based in Finland, where Sauna is favourite pastimes for locals, Aaltoes’ startup event is called Startup Sauna. According to Antti, they are expanding the tradition to Asia and will have a Startup Sauna event organized in Shanghai Tongzhi Uninversity.

Angry Birds next stop – Shanghai

Rovio is also expanding to Asia. And it will setup an office in Shanghai, the first one outside of its headquarter in Finland. “China is our second largest market after America, and it is growing fast,” said Peter. Out of the 500 million downloads Angry Birds has recorded, 10 million was from China. It is expected to hire 50 people, doing everything from developing games, to marketing, to doing animation, finding manufacturers to make physical goods, etc.

“Next year is the Year of Dragon. We will make an Angry Birds special edition for Year of Dragon,” said Peter, “In fact, we have done special edition of Chinese theme before – it was for the Mooncake Festival. It was a global distribution. Just image, for the first time 10 million of people outside of China have heard of the Mooncake Festival. We have even launched Angry Birds Mooncakes.”

In the future, Rovio will incorporate more Chinese favour in its products. “We want to be local. We are happy to learn,” said Peter, “We want to be more Chinese than Chinese companies.”

Related posts:

  1. The future of Angry Bird – Hello Kitty: Part I
  2. Angry Birds Wants To Beat Disney in China Within 2 Years
  3. Dianping: Mixing the Secret Sauce of Reviews, LBS and Group-buying


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Insync’s cheeky public re-launch

Echelon alumni Insync has been making big improvements, albeit quietly, since they last open for public sign ups. And, they seem to be ready to open their sign ups to the public, again. This time, with some cheekily designed home page.

If you are interested to find our more about Insync, do check out SGEntrepreneur and James Chan’s reviews on the latest version of the product. In short, Insync is like a desktop application for Google Apps that makes accessing and finding things like Google Documents much easier which can be done on your desktop, Mac or Windows. Enough said, why don’t you head on over to check it out? In the mean time, below are the three designs that I have seen so far. Watch out Dropbox, Insync is trying to steal your love, cheaply :D


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Every 60 Seconds On the Chinese Internet… [INFOGRAPHIC]

The Infographic of the Day series visually expresses important stories from Asia and the world of technology.

There has been a bit of a fad on the internet in recent days for posts about amazing things that happen online in just one minute, and so the Chinese site 17Startup made one about the web scene in China. The numbers were so awesome that we felt it was worth whacking the infographic into an image editor in order to translate it into English.

It shows that insane amounts of money – and a great deal of content – flows from the fingers of Chinese internet users every sixty seconds. The hugest number is the amount of ads that Baidu (NASDAQ:BIDU) serves every minute, and just how much is spent on e-commerce site Taobao:

(Click to enlarge a bit)

If that’s compared with the recent – and more glossy – pair of infographics from web design company Go-Globe.com (via this blog), which looks at the worldwide scene, we see China’s number stack up favorably in many instances.

For example, as you see below, Xiaomi’s Android-powered M1 phones seem to be outselling all of RIM’s (NASDAQ:RIMM) Blackberry handsets, and Twitter’s 98,000 tweets per minute pale in comparison to the firing of missives from Sina’s (NASDAQ:SINA) Weibo.com:

(Click to enlarge a bit)

(Click to enlarge a bit)

[Chinese infographic source: 17startup, via Toumingti - articles in Chinese]



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Japanese iPhone App Kamiwaza Multiplies Your Money

kamiwaza

We’ve looked at number of different augmented reality apps over the past year, ranging from fun to practical to downright scary. And it seems fitting to end the year with this one from Asahi Broadcasting (iTunes link) which promises good fortune as you break in the new year. Or at least, a virtual fortune anyway…

The application is named Kamiwaza, and it uses your iPhone camera to detect 1000, 5000, and 10000 yen notes. Once they are found the app displays a much bigger pile of money on your screen. It looks pretty realistic too, with the exception of a ‘sample ’ stamp marked on the bills. You can get a closer look at how it works in the video below.

Kamiwaza is a free application, though Asahi Broadcasting appears to be using it to promote some kind of talent show TV special coming up on January 8. But if you’re in Japan, or if you have access to some Japanese currency, this is certainly a fun app to break out at your holiday party for a quick laugh.

[h/t to @chihokomoriya on Twitter]


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How To Create An AR Greeting Video in 3 Minutes

sexy-willis

You're naughty, aren't you?

We are heading towards 2012 in less than 36 hours (depending on where you are right now). And I bet many of you will send some boring Happy New Year messages over to your friends.

If you can spare 3 minutes, why not create an augmented reality (AR) video greeting message to your friends?

The folks at ARappli has made it real simple to create one with its AR maker. After downloading the app here (both in iOS and Android), here’s how you can create one in three steps:

  1. Click the AR maker option
  2. Select a frame for your AR
  3. Record a video and say your greetings to your friends

After you publish your AR video, a QRAR code will be sent to your email immediately. All that is left to do is to forward your friends the code.

They will have to download the ARappli app to view it (this part is kind of a hassle). But they’ll find it worthwhile if you promise to send them something interesting. If you have the ARappli app, go ahead and scan the code I prepared below. Look upward to your phone to see me from a sexy angle.

qrar



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Livestar Securities Erased All Database By Human-caused Mistake, Orders Went Away

Livestar Securities Co., Ltd., a Japanese online brokerage service issued a released to apologize its trouble started around 10 a.m., during trading time on December 27.

Livestar Securities web transaction service was completely inaccessible over 4 hours from 10 a.m. to 2:05 p.m.

In their announcement, the trouble was caused by an outsourced company removing all data on its database server "artificially". And unknown amount of orders issued by the trouble time were lost.



Livestar Securities Erased All Database By Human-caused Mistake, Orders Went Away


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