Startup hub HaymarketHQ is launching a new program in partnership with Australia Post, Alibaba Cloud and Australia-China Council to help businesses enter China. The China Canvas Challenge is an online program valued at almost $5,000, but the inaugural course will be free for all participants, thanks to the corporate sponsors.
The 21st century is set to become the Asian Century if the continent’s political and cultural dominance continues at a rate anywhere close to what we’ve witnessed so far. The economic dimension of this dominance is easily summarised in GDP growth rates which are according to the World Bank outperforming
IBM received a record 9,100 patents in 2018, marking the 26th consecutive year the company has been granted more US patents than any other organisation. The new patents were granted to a diverse group of more than 8,500 IBM inventors. IBMers with residence in Australia contributed 150 patents to the
Apple CEO Tim Cook has told investors the company won’t be making as much money as it expected over the crucial holiday quarter. Lower than expected iPhone sales, particularly in China, have led the tech giant to slash its revenue forecasts, causing Apple shares continue to decline from their peak
It was a busy weekend for Chinese ecommerce giant Alibaba which processed US$30.8 billion (AU$42 billion) of gross merchandise volume (GMV) during its annual 24-hour sale, known as double eleven or Singles’ Day. The final figure for the sale, which measures the value of transactions processed via Alibaba’s marketplaces on
A tiny microchip planted on servers’ motherboards by the Chinese army has created a secret backdoor into the hardware of some of the world’s biggest tech companies and US government agencies, according to an investigation by Bloomberg. The chip is believed to have been planted early in the supply chain
Last year Chinese Agrifood startups raised $1.8 billion in 177 investment deals, according to new research from Agfunder. The majority of the investment occurred at the consumer end in the “eGrocery” segment. Agrifood refers to the food and agriculture industry, globally a multi-trillion dollar industry and the worlds largest employer.
Chinese internet giant Alibaba is partnering with Starbucks to deliver coffee in China as part of a pilot program launching in September. The trial is part of a wider strategic deal between the two global companies and will involve businesses across Alibaba’s ecosystem including delivery service Ele.me, supermarket Hema, payment
Executive recruitment company Heidrick & Struggles has released its 2018 Superaccelerators list—an elite group among the world’s 500 most highly valued companies that have achieved high levels of sustained organic growth and profitability. Now in its third year, just 19 companies globally made the cut, down from 25 companies in
Australian retailers see the Chinese market as a huge opportunity but aren’t satisfied with the strategies they have in place to reach Chinese consumers, according to new research. 87 per cent of Australian respondents see China as a lucrative market, but 56 per cent are not satisfied with their current