“Digital Speed” is Mostly About Tactics. But True Operating Speed and Excellence is a Marathon. (Asia Tech Strategy – Daily Lesson / Update)

In 2009, Brian Acton and Jan Koum founded WhatsApp to ride the wave of mobile apps kicked off by the launch of the iPhone. The original purpose of WhatsApp was to put a status notification next to your name, to let people know “what’s up”. But the small team noticed three important things that would launch their […]

To access this post, you must log in as a member, purchase Subscriptions.

Can Hello Bike Become a Mini Didi? A Mini Meituan? (Asia Tech Strategy – Daily Update)

Take-Away 1: Hello bike-sharing is a marginally profitable, small services business. Its recent shift to ebikes (and subscriptions) is increasing its revenue and making it more defendable. But it is also changing the economics. Take-Away 2: Hello is trying to build a platform business model on its large user base. A marketplace for mobility (like […]

To access this post, you must log in as a member, purchase Subscriptions.

Jeff’s Asia Tech Class: Daily Update 10.30.19

This is one of the daily updates for my Asia Tech class. It builds off podcast / lecture 2 about what Starbucks China should have done about Luckin Coffee (located here). Two main points for today: Luckin Coffee traded defensibility for scalability Are WeWork and Luckin blitzscaling? Or are they just in money wars? 1. […]

To access this post, you must log in as a member, purchase Subscriptions.

While Luckin Fights Starbucks, HeyTea Has Lines Out the Door in China (pt 2 of 2)

In Part 1, I argued that Starbucks China most interesting competitor is not Luckin Coffee. It is HeyTea, an upscale Starbucks-type business focused on tea (something Chinese consumers really, really like). And to their credit, HeyTea appears to be mostly focusing not on digital (or financial engineering) but on product development and continually thrilling their […]