INNOVATION IN CHINA - austriatourism.com · 2019. 6. 11. · TECH IN CHINA “China created a...
32
INNOVATION IN CHINA “Life In The App” 5XVC.com
Transcript of INNOVATION IN CHINA - austriatourism.com · 2019. 6. 11. · TECH IN CHINA “China created a...
INNOVATION IN CHINA“Life In The App”
5XVC.com
JAN SMEJKAL
Startup Grindscaled the companies presence to 100 cities in Asia
5X Ventures
@YourChinaGuy
TECH IN CHINA
“China created a unicorn every 3.8 days in 2018.”- South China Morning Post
“Chinese bike-sharing startup on the verge of bankruptcy.”- Financial Times
“Cheap labor drives China’s A.I. ambitions.”- The New York Times
“Chinese takeover of Indian app ecosystem.”- Factor Daily
“China startups brace for ‘capital winter’ as VC funding slows.”- Forbes
5XVC.com@YourChinaGuy
5XVC.com
VC LANDSCAPE
@YourChinaGuy
VC LANDSCAPE
5XVC.com@YourChinaGuy
VC LANDSCAPE
5XVC.com@YourChinaGuy
Fortune.com
LIFE IN THE APP
5XVC.com@YourChinaGuy
● Find and rent an apartment in a matter of minutes.
● Everything is done inside of one app (find a place, schedule a personal visit, sign a contract, order moving service, etc.).
5XVC.com
● Order anything from a table, toaster, or towel to a shampoo and bedsheets.
● You can select stores that can deliver the same day or in a couple of days if it's not urgent.
● Not sure what you're buying? Chat with the store representative right in the app. Get a response in seconds.
5XVC.com
● Order anything from a table, toaster, or towel to a shampoo and bedsheets.
● You can select stores that can deliver the same day or in a couple of days if it's not urgent.
5XVC.com
● Order a cleaning service or anything else related to cleaning in general, as well as maintenance, babysitting.
● It cost me 120 RMB to have my entire apartment cleaned (in 3 hours).
5XVC.com
● Same day delivery of groceries.
● You can choose delivery within 30 mins after you placed your order (or you choose any other time that suits you).
5XVC.com
● Discover new places (bars, cafés, restaurants, etc.).
● Order food and drinks from your favorite restaurant or shop.
● Book a table, movie tickets or order anything that can be delivered.
5XVC.com
● Discover new places (bars, cafés, restaurants, etc.).
● Order food and drinks from your favorite restaurant or shop.
● Book a table, movie tickets or KTV room.
5XVC.com
● Get a bike on demand (1 RMB per ride or less).
● The quality of these bikes has improved rapidly.
5XVC.com
● The largest ride-hailing company in China, one of the largest in the world.
● Order a taxi, shared car, or luxury vehicle (and many more).
● DiDi now has both English and Chinese interface.
5XVC.com
● Book a hotel, flight, train, or anything other service related to travel (even roaming plans).
● Pay within the same app with AliPay.
5XVC.com
In Need of Anything Else?
5XVC.com
5XVC.com
5XVC.com
Source: Kleiner Perkins 5XVC.com
Source: Kleiner Perkins 5XVC.com
5XVC.com
“40 billion parcels were delivered in the country in 2017, up 28% from the year before. The figure has increased 33 times just in the last decade.”
“Goldman Sachs estimates China to handle 250 million daily deliveries by 2020.”
LOGISTICS
Source: Nikkei Asian Review; Goldman Sachs 5XVC.com
TOURISM
5XVC.com
1 2 3
DiscoveryPlanning
TransactingLocally
TransactingAbroad
KOLsFriends
Platforms
TOURISM
5XVC.com
Transactions Made By Chinese Tourists (by type)
17%
33%
50%
Credit Card Cash Mobile
32%30%
38%
28%30%
42%
2017 2018
Source: AliPay and Nielsen
TOURISM
5XVC.com
5XVC.com
SOMETHING TO READ
5XVC.com
