Platform- and Product-Trends: What to learn from Asia
With more than 650 million users globally, the free messaging and calling app WeChat from Tencent is dominating China’s social media scene and is one of the biggest social networks worldwide. Alibaba Group, Chinas biggest e-commerce player providing business to customer and customer to customer web portal services, is currently ranked as the biggest IPO in the world. But what have both companies in common and why are they crushing their industries? They were able to create complex ecosystems bringing social, content and commerce together in one platform targeted on the needs of the mobile oriented Chinese consumer.
The session will provide insights on how Chinese e-commerce market leaders like Alibaba and Tencent with its unique ecosystem were able to disrupt digital and media marketplaces in a local media landscape, famous for its rules and regulations.
Speaker on this track
Associate Partner, dgroup GmbH
20 years’ experience in new media and eCommerce both as entrepreneur and executive in large corporations. Founder of internet start up webmiles which was acquired by Bertelsmann. Afterwards VP and Managing Director of eBay Germany, responsibility for German marketplaces operations. Then Venture Partner at Hasso Plattner Ventures. Afterwards member of Group Executive Board of Joint Venture between Axel Springer and Ringier for CEE. As Chief Digital Officer responsible for digital transformation through organic growth and M&A. Currently Associate Partner at dgroup GmbH, a leading consulting company for digital transformation.
William Bao Bean
Partner & Managing Director, SOSV & Chinaccelerator
William is a Partner at SOSV, a US$250m venture capital fund known as "the Accelerator VC” with a >30% net realized IRR, where he is the Managing Director of Chinaccelerator, SOSV’s global Internet accelerator and the first accelerator in Asia and Managing Director of MOX, the mobile only accelerator platform with 135m users in SE Asia, Eastern Europe and South America. William joined SOSV from SingTel Innov8 Ventures where he was Managing Director supporting China investments. Previously, William was a Partner at Softbank China & India Holdings, a venture capital firm backed by Softbank and Cisco. William spent 11 years as an equity research analyst most recently with Deutsche Bank where he was responsible for Internet and Telecom Equipment in Asia and China technology, media and telecom.
Managing Director Greater China, Digital Jungle
Originally from The Netherlands, I have been working and living in China for the past 8 years. I am passionate about helping international companies build up their brands and businesses in China and to be the bridge between them and their Chinese reality. I have built up my career in Business Development & Strategy in the Media & Advertising industry, focusing on collaboration between China, Africa and Europe.
The Chinese digital landscape is of an entirely different size and scope than anywhere else in the world. Navigating their way through this ever-changing landscape can be challenging for brands big and small. Digital Jungle has made it its life-work and purpose to support our clients in developing and executing the right strategy for their digital marketing efforts in China.
Besides my work at Digital Jungle, I am a big fan of learning foreign languages (currently 5 and counting!) and sports.