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Alibaba invests US$120 million in mobile gaming startup Kabam

... n Silicon Valley in October, Alibaba has invested in at least 10 startups, including mobile deep-linking company Quixey Inc., mobile messaging platform TangoMe Inc., transportation application Lyft In ...More

EJ Insight2014-08-01

Snapchat in talks with Alibaba; valuation may hit US$10 bln

... w Silicon Valley companies as it prepares to launch an initial public offering later this year, the report said. -- Contact us at [email protected] CG ...More

EJ Insight2014-07-31

Hui trial: Walter Kwok threatened SHKP executive over lease deal

... two Happy Valley flats rented out to Hui but Lui did not know Hui was not paying for it, according to Metro Daily. Hui faces eight counts of bribery and misconduct in public office while Thomas Kwok f ...More

EJ Insight2014-07-30

Facebook gives glimpse inside new HK home

Just hours after the social network unveiled impressive second-quarter results, Facebook offered outsiders a look inside its new Silicon Valley-style office in Hong Kong Thursday. Located in Quarry Ba ...More

EJ Insight2014-07-24

Marriott shifts focus to 'millennial generation'

... a Silicon Valley startup, according to the newspaper. "In four years, 60 percent of our business will be millennials," the 82-year-old executive was quoted as saying. "All of us old folks are moving o ...More

EJ Insight2014-07-21

Has Silicon Valley lost its way?

...  "Silicon Valley has jumped the shark". "In the world of startups, money wasn't flowing where it should anymore," Mims said, wondering if Silicon Valley is funding the wrong stuff. Venture capitalists ...More

EJ Insight2014-07-09

Buying into the bitcoin revolution

... a Silicon Valley venture capitalist from trying? After all, the estimated US$19 million Draper spent on the trove is a small price to pay to buy into a revolution. It's probably less than some moguls ...More

EJ Insight2014-07-03

It's time to buy China internet plays: Zhang Lei

... e Silicon Valley have led to the rise of competitive rivals such as Alibaba in Beijing. Alibaba is now bigger than eBay, Lei noted. Eighty percent of the portfolios managed under his firm are tapping ...More

EJ Insight2014-06-20

Raymond Kwok cheered Tung Chee-hwa resignation

...  in Happy Valley that year after spending HK$1.3 million (US$167,708) on decorations, the prosecution said. In the end, the property was let for HK$1.37 million a year from 2004 to 2005, a discount to ...More

EJ Insight2014-06-10

Perry: Hui bribed millions to be Kwoks' eyes and ears

... and Happy Valley in exchange for approving lease renewal for its offices in One International Financial Centre, the report said, citing Perry. Perry will continue presenting his case. -- Contact us at ...More

EJ Insight2014-06-06

Is HK govt serious about promoting technology industry?

... . Silicon Valley in the United States and Zhong Guan Cun Science and Technology Zone in China came about in a similar way. People meet and companies become known. Later, the whole industry takes off, ...More

EJ Insight2014-06-04

Parking space for HK$4.24 mln? You better believe it!

...  in Happy Valley last August.  The Conduit Road parking space was bought by a woman named Susan Chan Sak Bun, the report said, citing information from the Land Registry and Company Registry. She is sa ...More

EJ Insight2014-05-21

Is Tesla too popular for its own good?

... a Silicon Valley icon to rival the late Steve Jobs but not everyone is sweet on Musk. A number of Model S buyers who prepaid for their e-cars months ago are less than impressed that they have to wait ...More

EJ Insight2014-04-25

Alibaba invests US$215 mln in startup Tango, paper says

Alibaba Group Holding Ltd. has invested US$215 million in Silicon Valley startup TangoMe Inc., giving the Chinese e-commerce giant access to the mobile messaging business as it prepares to hold an ini ...More

EJ Insight2014-03-20

SPD Bank leads Shanghai financial consolidation

... h Silicon Valley Bank, seeking to tap the US lender's expertise at funding technology start-ups. My sources told me more than a year ago that joint venture was struggling due to its inability to condu ...More

EJ Insight2014-03-18

LinkedIn arrives in China, picks way around sensitive spots

... ng of the valley". Of course, we all know what happened eventually to Google which withdrew from the China search market in 2010 after a high-profile spat with Beijing over censorship and hacking alle ...More

EJ Insight2014-02-25

What Facebook saw in WhatsApp

... n Silicon Valley visionaries can dream up new ideas, who can tell if WhatsApp might have been the one nailing Facebook some time in the future? Zuckerberg is not a visionary for nothing. Under his lea ...More

EJ Insight2014-02-24

Tesla revs up China ride in strategic push

At first glance it was just an exotic, sleek sedan, but many Chinese who stopped by at a recent Tesla road show in Zhongguancun {中關村} -- known as Beijing's silicon valley -- couldn't help gasp in amaz ...More

EJ Insight2014-02-07

Investors hail taxi-booking apps

... ording to Valleymag, a Silicon Valley media blog. Some optimists even predict Uber will be a US$100 billion company in five years, which means it can become as valuable as social media giant Facebook. ...More

EJ Insight2014-01-07

Suning eyes R&D hubs in New York, Seattle, paper says

... n Silocon Valley on Tuesday. The centers will create synergy across its business and speed up its transformation into an internet company, Zhang was quoted as saying. Suning has invested at least US$5 ...More

EJ Insight2013-11-21

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