This company helps luxury brand improve CRM with AI-powered chatbots

WeChat has over 800 million users, 83% of whom purchased products through the messaging platform in 2015. This number beats the 375 million users on China's largest B2C marketplace Tmall. The difference between social commerce and commerce is the engagement, and that's where social Customer Relation Management (CRM) is finding its time to shine. Compared with other e-commerce platforms, a WeChat…

Hong Kong is failing fintech: Q&A with founders of Bitcoin exchange BitMEX

Editor’s note: This piece was contributed by David Green, a Taipei-based writer and journalist covering the future of work in Asia. In the words of Ben Delo, co-Founder and COO of Bitcoin derivatives exchange BitMEX, “You know if a startup is making money or has funding when it has Herman Miller chairs.” I recently sat down in said brand of chair at BitMEX’s Hong Kong office to discuss the…

VP of TV unit takes over as CEO of Leshi, YT Jia to remain chairman

The troubled LeEco is facing yet another major shakeup and this time it’s from a management reshuffle. Jia Yueting, the legendary Chinese corporate leader, will step down as CEO of Leshi Internet Information & Technology Corp Beijing, the Shenzhen-listed arm of Jia’s larger business empire LeEco, according to announcements from the company. Jia will remain chairman. Liang Jun, former Lenovo…

This is what expat startups say about five startup accelerators based in China

Expanding your startup to China or starting a business in China is not a piece of cake, especially if you're an expat not speaking Chinese, or have zero experience in China. Local startup accelerators are there to help you out, but it's not only a certain amount of funding and a free office space that you want from them in exchange for a stake in your startup. So, how do you know which one is the…

China’s first co-working space looks to segmentation to fuel next stage of growth

The first co-working space in Shanghai now has more than 20 spaces around China and is focusing on segmentation to meet its member's specialized needs. People Squared are planning to launch co-working spaces for musicians, food startups, and content creators. Last week, we looked at seven co-working spaces in Shanghai, mostly born in 2015 along with the boom of co-working spaces in China. With…

We checked out 8 co-working spaces in Shanghai, so you don’t have to

Looking for a co-working space in Beijing? Check out these spots. With the mushrooming co-working spaces in China starting in 2015, there are so many decent co-working spaces in Shanghai to choose from. To help you ease the pain of visiting every single place to compare, we visited 7 co-working spaces in Shanghai. 1. People Squared  Coffee: Manner coffee available at 15 ~ 20 RMB. Members get…

This startup wants to bring classifieds to all of China’s expats

Given the China's market size, it's obvious why we see so many foreign startups and expats in China. However, it still might sound a little silly if a business targets non-Chinese in China given the the relatively small population. But if you're also a non-Chinese living in China, focusing on expat market can actually serve as a smart tactic, because you understand expat's needs, and it can…

This food e-commerce company is focusing on VR to drive its growth

Coolhobo, a Shenzhen-based food VR commerce company, is stopping its subscription-based food boxes to focus on their VR platform. The company, a fresh graduate of Chinaccelerator, originally launched with their subscription-based imported goods box, containing imported goods, varying the country every month. It helped the company generate 60,000 RMB (8,800 USD) in monthly revenue. According to…

[Podcast] China Startup Pulse: Startup like a rolling stone with Archie Hamilton founder and CEO of Splitworks

Editor's note: This originally appeared on the China Startup Pulse, a weekly podcast designed to give startup enthusiasts around the world a behind-the-scenes and on-the-ground understanding of what’s happening in China’s startup ecosystem. Founded and hosted by Ryan Shuken and Todd Embley, and produced by Vivian Law and David Xu, China Startup Pulse is sponsored by Chinaccelerator, People…

WeChat Is Maturing, Use Other Platforms to Drive Traffic

This post is the first post of "WeChat Is Maturing". In this post, we will explain how WeChat is maturing and getting harder to acquire users. On our second post, we will give a specific example of a foreign company using other Chinese social network for growth hacking.  Born on January 21, 2011, WeChat now boasts 846 million monthly active users and is unquestionably the number one platform to…