Rhea LiuChen Ou, CEO of Jumei.com, disagreed with the opinion that a winter for entrepreneurs is coming and expressed confidence in entrepreneurship at a forum held by venture capital fund Zhen Fund last Thursday, reported Sina Tech.Chen Ou, 31 years old, was once featured in Forbes magazine as a promising CEO.He founded Jumei.com, an e-commerce platform known for selling cosmetics and makeup.Jumei.com debuted on the Nasdaq last May at USD 22 per share.Xu Xiaoping, one of Jumei s angel investors said profits have increased 800 percent in 4 years.Following the downturn of the Chinese stock market in August, investors have become more wary of investing in once popular Internet businesses.Some critics have warned of a so-called winter for entrepreneurs approaching because many startups have since crumbled with the break in the capital chain.Chen Ou, however, holds a different opinion.High valuations are always accompanied by protective provisions.Protective provisions might not hinder a company when it is able to maintain financial stability, but will likely harm a company if it faces the prospect of a great decrease in valuation or possible acquisition.
Saab announced on Wednesday it would postpone the new Gripen E-a fighter jet the first flight of the year.so far, the first flight is expected to happen already this year, such as Saab tentatively announced in may, the presentation of the machine conference in Linköping."we have a clear plan where to stage the first flight is flown, but still we do not disclose the exact date, otherwise than in 2017."Saab said the moratorium does not mean a change in the first of the new gripen of the delivery schedule: the Swedish and Brazilian air force ordered aircraft deliveries will begin as planned in 2019.the first flight of a postponement of the previously planned due to the company according to the fact that the Gripen E's systems tests are going better than anticipated."we Have decided to perform a full software qualification confirmation before the next flight instead, that we'd conduct the verification parts in, what is today's practice in the defense industry."
On Nov. 23, APARTSMAN, an ELV end-of-life vehicle dismantling and processing company, received RMB 50 million USD 7.8 million in a round of pre-A series funding from Jiangsu Chenlong Group, boosting its valuation to USD 39 million.APARTSMAN, based in Beijing, has branches in places like Hong Kong, Guangzhou, America and Japan.APARTSMAN s main businesses include intelligent vehicle dismantling by experienced overseas technicians and selling dismantled parts to developing countries through its e-commerce platform.Zhu Jiangang, CEO of APARTSMAN, said the market for dismantled vehicle parts in China is expecting a surge in the near future, up to RMB 600 billion.Dismantled parts and second-hand parts are the future of China s auto parts in the after-sales market, according to Zhu.
factors spirit tax may reduce in Finland in the next few years.Transport and communications minister Anne berner was appointed.the decision of entry into force would depend on the EU commission's amendment to the law implementation.the Commission today announced the presentation, which allows digisisältöjen value added tax the calculation of the print media to the level.in finland, the factors spirit and e-book vat is 24%, while newspaper and magazine orders, it is 10%.the EU commission will present to member states the possibility to calculate the factors spirit and e-books value added tax on print media to the level.
Finnish e-tax-free to expand rapidly their activities after moving to the irish Premier Tax Free's ownership in August.the New owner will take in Finland, developed an electronic tax free refund system next year to introduce 600 restore point in 28 countries, and in Finland, e-tax-free consultations in addition to customs with the activity extending North to the Finnish border station.Rovaniemi or Kittilä airports company at least not for this season time.E-tax-free developed by electronic vat refund system is unique in the whole world.so far it is only available in Finland.the first to introduce Lappeenranta's Prisma and Stockmann in Helsinki last June.
5 Little-known Shopper Segments that Boost Email Marketing is a free, 30-minute webinar.The sponsor is Klaviyo, a innovative marketing platform to accelerate ecommerce email and Facebook campaigns.The live webinar will occur on Tuesday, Jan. 24, 2017 at 2 p.m. Eastern Time, 11 a.m. Pacific.Targeted Email Produces Highest ReturnsPersonalized, segmented emails produce the highest returns.Common segments include geography, gender, and pricing preferences.
retail locations in the US now accept mobile in-store payments and are also developing e-commerce businesses that support mobile payment options in apps and on mobile websites.However, quick-service restaurants QSRs — also known as fast-casual restaurants — have been turning to mobile order-ahead apps to extract higher sales, intensify customer loyalty, and
It has been a tradition since 1991 for China s state television broadcaster, CCTV, to co-hold an annual gala with government agencies on March 15, World Consumer Rights Day, for the sake of protecting consumers rights.The program this year featured mostly tech companies, including the biggest e-commerce site, Taobao, and the food delivery unicorn Ele.me, exposing their acts of infringement and fraud.Let s have a look at what Chinese consumers are complaining about and how companies responded to the charges.Photo from Baidu ImagesEle.meSafe and healthy foods are almost like a luxury product for Chinese people.Reports allege that this platform has provided food from unsanitary, and even unlicensed, restaurants due to the loose process Ele.me employs to authorize a restaurant to operate and the slack regulations they use.Ele.me responded through its official WeChat account saying, Dear consumers, we pay close attention to the problems reported and have formed a new task force to investigate the license validity of all restaurants, and will delist all illegal restaurants.On Thursday, Ele.me announced it had delisted 25,761 illegal restaurants.This still didn t save Ele.me from being singled out by CCTV for criticism.Last December, Alibaba invested USD 1.25 billion in Ele.me, pushing its valuation to USD 4.5 billion.Photo from www.jiqiren365.comDJIThe red-hot drone maker is also on the blacklist .Experts expressed concerns that once a security hole emerged on smart terminals or equipment, criminals could take advantage of the loophole to remotely control the equipment, threatening the physical and property security of consumers.
Samsung is gearing up to launch a new smartphone that uses parts from its ill-fated Galaxy Note 7, which was recalled last year after a series of battery fires.Called the "Note Fan Edition", the company says the new mobile will utilise parts from the 2.5 million recalled Note 7 handsets to minimise the environmental impact of the faulty units.While the handset will share much of its design with the old phone, the South Korean tech giant says it gets a new battery that has been "enhanced with multiple safety designs and a rigorous eight-point battery safety test".This is expected "to calm the fans that the Fan Edition is aimed at", says Alphr, referring to the fault in the design of the original Note 7's battery that resulted in multiple device fires and the recall of every unit sold.The Fan Edition is expected to recover some of the £2.5bn lost as a result of the fiasco, adds the website.It is also believed to be a response to environmentalists who called for Samsung to handle its defective Note 7s using methods that would "reduce the amount of so-called e-waste", reports the BBC.
Amazon has announced a host of forthcoming improvements for its Fire TV devices that ll offer greater voice commands and more 4K content.In a press release on Tuesday, the firm announced a new range of Alexa voice commands that ll make it easier to find and play content.Users will be able to launch apps, play content by speaking into the Fire TV remote.More skills borrowed from the Amazon Echo speaker are also coming, including the ability to find local movie show times, read Kindle books and find local businesses.to find out what movies are playing in theatres near you or specific movie timesYouTube 4K Ultra HD—Access YouTube s full 4K library via the YouTube.com app on Amazon Fire TV when connected to a UHD-compatible TVSearch for local businesses and restaurants using Alexa—Ask What Mexican restaurants are nearby?to get convenient information on businesses nearbyAccess Kindle e-books via Alexa—Say Read The Nightingale to listen to text-to-speech enabled books from your Kindle library through Amazon Fire TVcomments powered by Disqus
Researchers have developed a new solar powered battery, capable of changing its shape to fit various flexible forms.The team says the battery could transform the wearables market by lowering the space required for a battery, a big benefit for e-skin and e-clothes products.See Also: America trumps Europe in fitness wearables The components are electronically connected via flexible copper-polymer interconnects, mounted on a highly elastic silicone core, and enclosed within a silicone shell, the team said.The authors demonstrated the use of these systems for continual logging and wireless transmission of body temperature data in a variety of realistic scenarios, such as monitoring skin temperature during physical exercise and bathing, and measuring temperature changes during breathing.The battery may also be a welcome addition to the e-skin market, with researchers recently creating a much longer lasting tattoo that changes color and can even track things like UV rays and heart-rate.Wearables are still a young market, but with 67 percent growth from 2015 to 2016, more companies are starting to see the potential of devices able to gather more data on the customer.
If you re an avid Rocket League player, the current limited crop of quick chat options will be getting a much needed expansion.Because Rocket League is a controller affair, the only way to communicate strategy, jubilation, or frustration are through the quick chat options found on the D-pad.While PC players usually have a keyboard handy to talk smack or congratulate the other team for a good game, that hasn t been the case for gamers on PlayStation 4 and Xbox One.These include:Everybody dance!ggNice moves.This has been most likely done to deter foul-mouthed gamers from sneaking in expletives or other uncomfortable phrases into a game which is rated E for Everyone.
The world might be seeing a very different Nintendo in the coming years, one that s making medical devices and hamburgers.According to the document, Nintendo has laid out the groundwork to diversify its portfolio.Under proposed amendments, Nintendo underlined new areas where the company wants to expand.Nintendo has tertiarily explored medical devices before with its Quality of Life initiative.Some products from the Quality of Life initiative did reach consumers hands, things like the Wii Balance Board and the Wii U Fit Meter.mentioned, spinning Nintendo IP off into a Chuck E. Cheese competitor would make loads of money.
View photosMoreFounder and Executive Chairman of Alibaba Group Jack Ma meets Facebook founder and CEO Mark Zuckerberg not pictured , at the China Development Forum in Beijing, China, March 19, 2016.REUTERS/Shu Zhang Reuters - China's Jack Ma is canceling a planned speech at an anti-counterfeiting conference after the trade group behind it suspended the membership of his e-commerce giant Alibaba Group Holding Ltd, the company said on its news website on Tuesday.Alibaba Group President Michael Evans will represent the company at the conference instead, according to the report on the Alizila website.Alibaba has been accused by several brands, including Gucci and Yves Saint Laurent, of being a conduit for counterfeiters.Alibaba said on Alizila that it remains firmly committed to the protection of intellectual property rights and combating counterfeit."We look forward to engaging with the IACC membership on IP enforcement issues on May 19th in Orlando, Florida," it said.
Berkshire Hathaway Inc. s newfound love for Apple Inc. comes as the rest of Wall Street is souring on the technology stocks.Hedge funds and large speculators raised short positions in the Nasdaq 100 Index e-mini futures for a third straight week, pushing net bearish bets to the highest level in five years, according to data from the Commodity Futures Trading Commission.The divergence highlights the age-old challenge: do you wait for prospects to improve before buying, or jump in when things look bleak?Sentiment toward technology has worsened as disappointing earnings from International Business Machines Corp. to Microsoft Corp. and Alphabet Inc. fueled skepticism that the industry will quickly restore growth amid sluggish global demand and rising competition.Earnings in the current period will fall 5.9 percent, worse than any S 500 groups except for commodity producers, analyst estimates compiled by Bloomberg show.While Buffett has historically avoided technology stocks, Berkshire has nibbled on the industry in recent years, adding stakes in IBM and Visa Inc.The firm held 9.81 million Apple shares, or $1.07 billion worth, as of March 31, according to a regulatory filing from the billionaire s Omaha, Nebraska-based company.Even after a 3.7 percent bounce triggered by Berkshire s disclosure of a stake Monday, Apple shares are still down 30 percent from the all-time high reached in 2015.At 10.5 times reported profit, Apple is at valued at about half the multiple of the S 500.Other tech stocks are nowhere near as cheap even after trailing the market by the most at this time of year since 2002.
Here's the plan for the payment giant - which already burned 4 billion in the battle to become the first choice for the world traders. It's fun to show off Sweden in this way, and fun to the weather been a little better, he says, when Breakit reach him in a pause on Tuesday afternoon. The way forward is, among other things through a quartet of new products, which invited customers to be part of the week in the Stockholm archipelago. 36,000 of them are e-retailers, a small part is both e-commerce and shops, but the rest is physical traders. The forecast for 2016 is to get additional 30,000. Bambora is owned by Nordic Capital Fund VIII.
One97 Communications Ltd., the owner of an Indian online payment processor backed by Alibaba Group Holding Ltd. s finance arm, said funds at its disposal were enough to last five years, enabling it to build a business model that s predictable.We have enough money in the bank to last 21 quarters if we keep spending at the same rate as last year, Vijay Shekhar Sharma, chief executive officer of One97 that owns Paytm, said in an interview to Bloomberg TV in Hong Kong.One97, which was founded in 2000 by Sharma, doesn t plan to sell shares in an initial public offering for at least three years, Sharma said.The company has received funding from Intel Capital, private-equity firm SAIF Partners and Fitbit Inc.-backer Sapphire Ventures LLC.A Morgan Stanley fund marked down the value of its investment in Flipkart by more than 25 percent, paring the valuation to $11 billion in less than a year from as high as $15 billion.India s only food-tech unicorn, Gurgaon-based Zomato Media Pvt., saw its billion-dollar valuation slashed in half this month by analysts at HSBC Securities and Capital Markets India .Paytm started as a provider of value-added-services for mobile phones and later evolved into a marketing platform for consumer brands to reach customers via text messages and voice calls.The payment-processing system Paytm is the public face of One97.Its businesses include mobile-recharge services and an e-commerce platform where consumers can find goods including clothing and cameras.
The vulnerability CVE-2016-4010 is fixed in version 2.0.6 issued overnight.Magento handed the flaw a 9.8 out of 10 severity score explaining that the platform installation code is no longer accessible once the installation process is complete."I recommend all Magento administrators to update their installations to the 2.0.6 patch."The chained attack combines smaller vulnerabilities which Rubin has detailed in full, and relies on REST or SOAP being left enabled from default which is the case in most installations.Much of the fault lies with the sizeable and dynamic API for each Magento module that customers use to run things like shopping carts.Rubin praised Magento for its code overhaul which has seen vast re-writing, code improvements, and a bolstering of security.
E-trading Ikea customers in Sweden to start paying with MasterCard's payment solution in June. Customers save their card details in the MasterCard system, and can then choose which card the money will be drawn from when a purchase online. Read more: Swish challenge Klarna - would take 30 percent of e-commerce Fo r Ikea, it is important that the whole cow pprocessen fra n that huh our customers are looking at and right following their goods to the implemen is his cow couples smooth. Master Passes are available in the current situation of 29 countries and more than 270 000 traders, according to card giant. Among the service's Swedish customers are already airport buses and the Arlanda Express. In the Swedish market, both Swish and Klarna launched e-commerce solutions in the past year.
E-commerce site for food beefs up - take money from both existing and new investors. Listed Mat.se increased its sales by almost 70 percent last year, to just over 200 million. Price was set at SEK 7.50 per share. We are very pleased with the great interest from both existing and new Swedish and international investors, says Måns Danielson, CEO of Mat.se. Mat.se was founded in 2012 and is listed on First North. The rights issue will strengthen our financial position and is an important step in the financing of our continued growth and expansion, says Måns Danielson.
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