Tech Buzz China by Pandaily

Episode 84 of Tech Buzz China features co-host Rui Ma in conversation with Gary Liu, CEO of the South China Morning Post on the hottest five trends shaping the China internet industry in 2021: tightening regulations, bumpy roads for IPOs, overseas expansion plans, shifting demographics, and growing private domain traffic. SCMP is a leading news media company that has reported on China and Asia for more than a century with global impact. If you​​ would like to read the full 2021 China Internet Report, download it at https://sc.mp/cir-2021, and it's free! Also, Tech Buzz China is growing! We have a Livecast series of interviews with entrepreneurs and investors in China tech — TBC Livecast. It's mostly recorded live in front of our new paid community Tech Buzz China Insider. For TBC Insiders, we have an active Discord server, a forum, and regular members-only events. If you're really into China tech, join us starting with the quiz. And finally, if you’re an accredited investor, consider applying to our investment syndicate, more information is available at techbuzzchina.com/invest. In addition, you can follow us at techbuzzchina.com, subscribe to our YouTube channel, tweet at us at @techbuzzchina, and write to us at team@techbuzzchina.com. As always, our transcripts are available on our website, as well as at pandaily.com. Thank you to our teams at SupChina and Pandaily, and especially to Bryce Ye, and Kaiser Kuo. If you enjoy our work, please leave us an iTunes review! They do matter and we appreciate it so much! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The Acquired podcast puts out some of the very best business and technology content out there, and is one of our co-hosts’ favorite listens. Ben Gilbert and David Rosenthal are inspirations, and so we’re always flattered to be referenced as the “Acquired of China tech”! We had a lot of fun recording this episode together. Here at Tech Buzz, we typically write out our scripts ahead of time, and this was a rare chance to go unscripted. Let us know how we did! As Tech Buzz continues to broaden our content formats, you can follow us at techbuzzchina.com, subscribe to our YouTube channel, join us in the Inside Asia group on Clubhouse, tweet at us at @techbuzzchina, and write to us at rui@techbuzzchina.com & ying@techbuzzchina.com. As always, our transcripts are available on our website, as well as at pandaily.com and supchina.com. Thank you to our teams at SupChina and Pandaily, and especially Bryce Ye, Kaiser Kuo, and Jason MacRonald. If you enjoy our work, please leave us an iTunes...

One of Tech Buzz China’s partners is leading alternative data firm BigOne Lab, who is one of the best sources on detailed operational data for large Chinese tech companies. In Tech Buzz's quarterly update, BigOne's head of research, Robert Wu, joined Rui for a live webinar going over everything interesting among the big China ecommerce players, which are now Alibaba, JD, Meituan, Pinduoduo, Douyin, and Kuaishou. We begin with the latest in community group buying, the group-buying next-day pickup business model that is sweeping over China. We go over market shares, warehousing efficiencies, and best-selling items and explain what that means in terms of strategy across the big players. We also talk about how much progress the Douyin and Kuaishou platforms have made in ecommerce, but point out their weaknesses vis-a-vis Alibaba, who is still the towering giant in the space. We touch upon what GMV breakdowns look like across the platforms, and finally end up with some interesting obser...

Episode 81 of Tech Buzz China continues our series of audio experiments, and features co-host Rui Ma in conversation with Wharton professor Karl Ulrich on his latest book, Winning in China. The book was co-authored with Wharton Global Fellow Lele Sang, and presents 8 carefully researched case studies of successes and failures, from Amazon to Sequoia Capital. The episode is a recording of a conversation that was broadcast live on the Clubhouse app on February 1. As Tech Buzz continues to broaden our content formats, you can follow us at techbuzzchina.com, subscribe to our YouTube channel, join us in the Inside Asia group on Clubhouse, tweet at us at @techbuzzchina, and write to us at rui@techbuzzchina.com & ying@techbuzzchina.com. As always, our transcripts are available on our website, as well as at pandaily.com and supchina.com. If you are a Tech Buzz listener and would like a free copy of Karl and Lele’s book, please email us at ying@techbuzzchina.com. Thank you to our teams at S...

In episode 80 of Tech Buzz China, Rui and Ying talk about community group buying 社區團購 shèqū tuángòu, or CGB, which is the hottest thing in China tech right now. In addition to startups raising crazy funds — one just raised $700 million — the internet giants have all gone in with guns blazing, and investors are bullish. Listen and follow along with us as we explore what exactly CGB is, and what makes it so special — and controversial. Listeners will also hear from one of our favorite China tech writers, Lillian Li of the Chinese Characteristics newsletter, who just wrote two issues on this topic. Yup, Rui is still researching and writing on ByteDance for her ebook. You can get updates on it and our other work by subscribing to her newsletter, at techbuzzchina.com. Be sure to also check out the Tech Buzz China YouTube channel, which has some video-only content. Our transcripts are available on our website, as well as at pandaily.com and supchina.com. If you enjoy our work, ...

In Episode 79 of Tech Buzz China, Rui and Ying talk about a company that aspires to be “China’s L’Oréal” for the digital age: Yatsen Group, owner of smash hit cosmetics app Perfect Diary (完美日記) among other brands. Though we at Tech Buzz have never directly covered the company, we have mentioned it, including in Episode 70 with Lauren Hallanan; as well during last week’s Q3 Market Trends call (link available through Dec. 9) with BigOne Lab’s Mengyao Ren. Yatsen recently listed on the NYSE, and it’s got a nearly $12 billion market cap. Listen and follow along with us as we explore Yatsen’s founding story, their evolving strategy, reasons for their success, and the role of clever marketing. We’ll also talk about how the company’s various tactics speak to the evolution of China’s content ecommerce ecosystem. Finally, listeners will hear from Mark Tanner, the founder and Managing Director of Shanghai-based marketing and research firm China Skinny. Yup, Rui is still resear...

Episode 78 of Tech Buzz China features our co-host Rui Ma in conversation with Yán Xiāo 肖妍 on the timely topic of China’s proposed national digital currency. Yan is a San Francisco-based Project Lead at the World Economic Forum with deep experience in fintech, having worked as senior legal counsel at Ant Group. She is also a lawyer by training and holds both American and Chinese legal licenses. Her current work focuses on digital payments and cross-border payments. Yan’s opinions on this episode are her own thoughts, and do not reflect those of the Forum in any way. Rui was an early observer of the cryptocurrency space, and has witnessed the rise of Bitcoin and other technologies unfold concurrently in the U.S. and China. Listen to their conversation to find out: What does Yan think about the prospects for China’s proposed digital currency, which is typically called digital yuan or digital RMB? How are these prospects affected by the existing payments and digital landscape in...

In episode 77 of Tech Buzz China, co-hosts Rui Ma and Ying Lu tackle a topic that has become the next big thing in China ecommerce: C2M, or consumer to manufacturer. Although the acronym itself is not new, the term has been redefined within the past two years, driven by the choices of a handful of key founders and companies. Listen to learn about why Rui and Ying think this new iteration is at once innovative and transformational, why both factories and brands stand to benefit, and what this all means for the future of manufacturing and commerce -- in China and globally. Rui is still researching and writing on ByteDance for her ebook. You’ll want to get front-row updates on it and to her other work by subscribing to our newsletter, at techbuzzchina.com. We have finished uploading all of our past episodes onto the new Tech Buzz China YouTube channel and putting them together into playlists by sector — check them out! As always, our past transcripts are viewable on our website, as w...

In episode 76 of Tech Buzz China, co-hosts Rui Ma and Ying Lu take advantage of the recent Lufax IPO filing (Chinese name: 陸金所 lùjīnsuǒ) to talk about the P2P lending industry in China, which has been an oft-requested topic! We get into China’s (lack of) regulation of the nontraditional form of financing, drivers behind the industry’s quick boom and bust, and some of the reasons Lufax is one of the few, and biggest, survivors. We have started uploading all of our past episodes onto the new Tech Buzz China YouTube channel and putting them together into playlists by sector — check it out. You’ll soon be able to find this and other relevant episodes under the “fintech” category. Yes, Rui is still researching and writing on ByteDance, for publication as an ebook! You’ll want to get front-row updates on it by subscribing to our newsletter, at techbuzzchina.com. As always, our past transcripts and other content are also viewable at pandaily.com and supchina.com. If you enjoy ...

In episode 75 of Tech Buzz China, co-hosts Rui Ma and Ying Lu talk about China ecommerce SaaS (software as a service), which currently primarily refers to WeChat ecommerce as it takes place through mini programs. Listen to learn about major players Youzan and Weimob, the difference between public and private traffic, and what Alibaba’s and Tencent’s future strategies might be given their actions up to this point. How accurate are the various players’ much-sought comparisons to Shopify, and how closely do the companies truly compare with that platform in their journeys to becoming China’s dominant ecommerce solution provider? Yes, Rui is still writing her e-book on ByteDance! You’ll want to get updates on it by subscribing to our newsletter, at techbuzzchina.com. As always, past transcripts and other content are also viewable at pandaily.com and supchina.com. If you enjoy our work, please do let us know by leaving us an iTunes review (drop us a note saying you did, and we’ll se...