How we help startups using big data - William Bao Bean

William Bao Bean

Enterprise accelerator MOX (mobile only accelerator) let six startups show-case in Singapore last week. William Bao Bean, partner at the Shanghai-based SOSV explains how his network helps to use big data to enhance their chances on a global market, he tells at E27.

E27:

As its name suggests, MOX invests and works with mobile-focused startups to refine their solutions, business models and teams. It also helps them acquire users by connecting them with 167 million smartphone users on its platform, partnering them with brands and telcos, and also via cross-promotion with other apps (in return for revenue share). 

William Bao Bean, General Partner, SOSV, said that MOX helps startups analyse large swaths of market data so they can optimise their localisation and monetisation strategy.

Currently, MOX focuses on India, Indonesian and Philippines-based startups. It is looking to expand to other countries in the region, such as Malaysia and Vietnam, in the near future. 

That said, it is also open to companies that hail from other parts of the world — as long as they have an amazing product to share. At its 5th Demo Day in Singapore today, MOX showcased 6 such mobile startups.

More at E27.

William Bao Bean in action in Singapore

William Bao Bean is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

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After China, Trump may turn to the rest of Asia - Shaun Rein

Shaun Rein

Business analyst Shaun Rein told already in his bestseller The End of Cheap China, Revised and Updated: Economic and Cultural Trends That Will Disrupt the World, much of the cheap production was moving from China to other countries. Vietnam, Indonesia and Sri Lanka hope Donald Trump does not find out for the time being, Rein writes in IBT.

Shaun Rein:

Asian nations want predictability and stability in their relationships with America. (Peter) Navarro (director of the US National Trade Council) especially is one who causes unease throughout the region — he has not visited mainland China in more than a decade and does not speak Mandarin. His criticisms about China keeping its currency artificially low and stealing American manufacturing jobs in light industry is outdated. If anything China is blocking capital outflows, raising interest rates in order to strengthen its currency, the Yuan. South-East Asian nations now are exporting to China as that economy transitions to one based on consumption. 

The reality is most low-end manufacturing has already moved out of China to countries like Vietnam, Indonesia and Sri Lanka. Officials in those nations are worried that Navarro will convince Trump to turn criticisms to them once he is done criticising China 

Going forward, Trump needs to show nations in Asia that America is ready to continue to be a long-term predictable partner that will support them in times of danger. By 2050, China's and India's economies most likely will have surpassed America's. Smaller nations are deciding now whether to align with China or the United States. Trump can no longer stay silent on his intentions in the region.

More in IBT

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers´request form.

Are you looking for more strategy experts at the China Speakers Bureau? Do check out this list.

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Rising wages disrupt supply chains - Shaun Rein

Rising wages in China will disrupt supply chains and consumer habits worldwide, tells business analyst Shaun Rein, author of "The End of Cheap China: Economic and Cultural Trends that will Disrupt the World" in IFW.

IFW:

In his recently-released book [Shaun Rein] suggests companies may need to rethink their strategies and shift manufacturing to lower-cost production centres like Vietnam or Indonesia – “or even back to the United States in some cases”. 

On the flip side, he emphasises that China has become the market to sell into, rather than one to produce in. 

“China is known for manufacturing cheap products, thanks largely to the country’s vast supply of low-cost workers. But China is changing, and the glut of cheap labour that has made everyday low prices possible is drying up, as the Chinese people seek not to make iPhones, but to buy them.”

More in IFW

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

More about Shaun Rein and "The End of Cheap China: Economic and Cultural Trends that will Disrupt the World " in Storify.

 

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Indonesia benefits as wages rise in China - Shaun Rein

Shaun Rein

Cheap production is shifting to countries like Cambodja and Indonesia, as the Chinese government targets a firm rise of the country's wages, to improve domestic consumption, notes business analyst Shaun Rein in CNBC, returning from a trip to Indonesia.

Shaun Rein:

The government has been actively trying to end the nation’s cheap labor force era by increasing wages and social security benefits and accelerate a consumption and services oriented economy rather than preserve low wages. 

Twenty one of China’s 31 provinces this year have increased the minimum wage by an average 21.7 percent. The government has also set a nation-wide target to increase salaries by 13 percent annually. 

These hikes are on top of minimum wage boosts in provinces like Sichuan that raised minimum wages by 44 percent in 2010. Cities like Shanghai have also been increasing social security benefits for native residents and migrant workers so that tens of millions get better access to medical care. The new regulations add about 30 percent to compensation costs per migrant worker.

More in CNBC

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers' request form.

 More links for Shaun Rein at Storify
.

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