Chinese e-commerce company had $3 billion in sales in just one day

Three billion dollars is almost triple the entire 2011 Black Friday sales of e-commerce sites in the United States.

The Chinese e-commerce giant Alibaba shocked the web last week with the news that its subsidiaries Taobao (like a Chinese eBay) and T-mall (like Amazon) sold a massive $3.06 billion in product in a single 24-hour period.

 

 

 

Continue reading… “Chinese e-commerce company had $3 billion in sales in just one day”

Growing number of Taiwanese entrepreneurs are saying goodbye to the U.S., hello to China

Taiwanese entrepreneurs have begun to seek market opportunities outside the U.S. in the phenomenon called the reverse brain drain.

Many foreign entrepreneurs clamor at America’s gates to get a piece of the innovation incubator of Silicon Valley. But Jerry Chang,  a serial entrepreneur and Taiwanese immigrant, has done what most hopeful incomers would consider the unthinkable and taken his business offshore. In 2009, he established mobile payment company Mobile Radius. Rather than found the company in the U.S., let alone his native Taiwan, Chang decided to take his business to China. To many, his decision is a surprising one. Chang does not face the typical obstacles most immigrant entrepreneurs encounter. He acquired U.S. citizenship over two decades ago and has significant experience in the tech field. His first company, Clarent Corp., had boasted a client list of big-named companies like AT&T Worldnet, China Telecom, and Telstra.

 

 

Continue reading… “Growing number of Taiwanese entrepreneurs are saying goodbye to the U.S., hello to China”

Skilled professionals leaving China in record numbers

Lee Yangang and his wife, Wang Lu, emigrated to Sydney, Australia, from Beijing.

Chen Kuo, at 30 years old, had what many Chinese dream of: her own apartment and a well-paying job at a multinational corporation. But Ms. Chen, in mid-October, boarded a midnight flight for Australia to begin a new life with no sure prospects.

 

Continue reading… “Skilled professionals leaving China in record numbers”

Driverless Highways: Creating Cars that Talk to the Roads

Speaking at “Mobility Day” in Shanghai

Futurist Thomas Frey: Yesterday I had the privilege of speaking at a conference on the “Future of Mobility” in Shanghai, China. The event was produced by the very forward thinking people at Lanxess, a German-based chemical company that broke ground the day before on a new facility to expand its already significant base of operation in Shanghai.

 

 

Continue reading… “Driverless Highways: Creating Cars that Talk to the Roads”

Restaurant in China staffed entirely by robots

Robotic waiter at the Haohai Robot Restaurant in China.

Haohai Robot Restaurant in Harbin, China is staffed entirely by robots. 18 robots cook, serve, and even entertain diners (there’s a singing robot), all the while addressing them as “Earth Person.” Wait, so these aren’t just robots, they’re alien robots? (Pics)

 

 

Continue reading… “Restaurant in China staffed entirely by robots”

Chinese construction company to build world’s tallest building in 90 days

[youtube]http://www.youtube.com/watch?v=rwvmru5JmXk&hd=1[/youtube]

Broad Sustainable Building, a construction company in China, has announced plans to build the world’s tallest building…in just 90 days. When finished, it will be 220 stories high, 10 meters taller than Dubai’s Burj Khalifa.

Continue reading… “Chinese construction company to build world’s tallest building in 90 days”

Discover the Hidden Patterns of Tomorrow with Futurist Thomas Frey
Unlock Your Potential, Ignite Your Success.

By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.

Learn More about this exciting program.