It’s another beautiful day and here’ s what you need to know.

1. Alibaba partners with one of China’s largest retailers Bailian

Alibaba has teamed up with one of China’s largest retailers, Shanghai-based Bailian Group to explore new forms of retail opportunities across each other’s ecosystem.

Alibaba’s planning to help upgrade some of Bailian’s 4,700 stores across the country integrating everything from customer relations to payment and logistics, reports Bloomberg.

“Our partnership with Bailian is an important milestone in the evolution of Chinese retail, where the distinction between physical and virtual commerce is becoming obsolete,” Daniel Zhang, Alibaba’s chief executive officer.

Read the rest of the story here.

 

2. Indonesia is among Twitter’s top five user markets worldwide

The Asia-Pacific region is a key growth engine for Twitter with Japan, Indonesia and India being among top five user markets worldwide.

It [Asia-Pacific region] is our largest and fastest-growing region by users and revenue, says Twitter APAC VP Aliza Knox.

One of the platforms most engaging ad formats is video and it’s growth in APAC outpaced the world over the past six month.

Read the full interview Aliza Knox had with Campaign-Asia here.

 

3. Bangkok-based angel investors lo launch own venture fund

Shift Ventures, Bangkok-based angel investment platform, is raising at least $10 millions to launch a venture capital fund.

In November 2016, Shift Ventures launched the 1000x Club as a matching platform between individual investors and startup companies. Investors would commit at least $1 million and they would have the right to choose the startups to invest.

Yet, with the new venture capital fund the idea is that investors would put their money in and Shift Ventures would manage it choosing which startups to invest.

Read the rest of the story here.

 

4. Community Chatter: Voice First systems may hurt Google’s search dominance

Google has dominated the search on the web and built a winning business model of pay-per-click based on its supremacy. But will it be able to keep its positions also in the future?

Brian Roemmele argues that the concept of search has shifted since Google started in 1998 and the future lies in the Voice First search which combines general search with task completion. Already now Voice First devices like Amazon’s Alexa answer simple questions that Google used to do.

Read on his reflections here.

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