Silicon Dragon News                                                              JANUARY 30, 2015



Featured Event


Silicon Dragon
 Palo Alto 2015
Getting Your Chindia Strategy Right
February 5, 2015
 Every clued-in tech exec in the Valley is figuring out their strategy for China and India to maximize 
growth and profits. 
"What's Your Chindia Strategy?" 
featuring Venture Investors  and
Tech Entrepreneurs with
Asia Impact
Teddy Himler
Softbank Capital
Hany Nada
Managing Partner
GGV Capital
Eric Hsia 
Venture Partner
TransLink Capital

Eric Kim
Managing Partner
Goodwater Capital

David Yuan
Partner, Head
Redoint China

Tech Entrepreneurs 
Guru Gowrappan
Quixey, Inc.
Tong Luo
Founder & CEO
Handscape Inc.

Chang Kim
Tapas Media Inc.

Derrick Xiong

Julianna He
Co-founder, CEO
Lepow International

Eric Savitz, Brunswick Group
Lilly Huang, Silicon Valley Bank
Diana Ding, DingDingTV
Rebecca Fannin, Silicon Dragon

Programmed by

  Thanks to our Sponsors:

DLA Piper
Silicon Valley Bank
 Agenda: February 5, 5-9pm
Welcome Remarks
5 Tech Chats
VC/Angel Investor Panel Cocktail Reception and Networking
Door Prizes
2000 University Ave.
East Palo Alto  



 Silicon Dragon and

Startup Asia 2015 Global Events

March 11, 2015
Google Campus
UK-China Links
Hussein Kanji
Partner, Hoxton Ventures
 Alexander Trewby
 Partner Development Manager, Google
Anne Glover, CEO, Amadeus Capital Partners
  Frank Meehan
Co-Founder, Partner, SparkLabs Global Ventures
Jon Edwards
Deputy Director, Equity Capital Markets,
London Stock Exchange
Nick Bryant
CEO, PCG Entertainment * 
Tomer Baar-Zeev
Co-founder & CEO, Ironsource 
Lisa Weaver-Lambert Business Strategy & Digital E-commerce, Red Rose London / DeBeers Group
Google Campus

San Francisco
 March 25
Hong Kong
April 22, 2015
May 21
 Sept. 16
Silicon Valley
  Oct. 6
China Awards
Nov. 5
 November 19
For Speaking and
Sponsorship Opportunities,

CrowdFund Beat
March 5-6, 2015
Mountain View, CA
Enter discount code
Silicon Dragon for a 20%
February 27, 2015
San Francisco
WeChat: rebeccafannin

Join the






'Guru Fixer' COO Drives Mobile Search Engine Quixey Into Chindia For Faster Growth With Partnerships, Deals


Not too many Silicon Valley tech companies are going after both the China and India markets even though that's where the biggest opportunities exist for many tech companies going after fast growth and profitability.

One company that is ahead on this front is mobile app search engine Quixey in Mountain View. China followed by India are top priority markets for Quixey, COO Guru Gowrappan told me during an interview this week.

Already, China accounts for 50 percent of the search app's volume and some 20 to 30 percent of revenues  - on par with the U.S. market. India, a market that skipped right over the desktop generation, lags on revenue so far for Quixey, but should speed up within two to three years. Quixey's one of our featured speakers at Silicon Dragon in Palo Alto, Feb. 5.

Check out more of the COO's views at

Forbes: Click on Quixotic Quixey  



Chinese social networking site Renren has been making steady investments in tech startups as it seeks to broaden its revenue stream, become profitable, and boost its stock price.

All of these new investments led by CEO Joseph Chen have been far afield from its core business in social networking, and most of these deals are in the U.S. 

Chen, throughout his entrepreneurial career, has been an empire builder, acquiring and investing in related tech startups and also divesting businesses that are not going anywhere. Renren itself was built mostly from a combination of acquired or invested in sites.

Renren plans to invest some $500 million in financial tech, and has already invested nearly half that amount, although the NYSE-listed company is investing in other tech areas, too.

Chen's latest investment in San Mateo-based stock trading site Motif is one in a series of those bets on financial tech. In mid-January 2015, Renren led a $40 million financing for the four-year old Motif.

Keep reading at Forbes: Empire Builder



Former Qihoo VP Nabs $100M For China Startup That Speeds Up Android Phones


Another week, another huge deal for an innovative Chinese tech company.

A startup founded by former Qihoo 360 VP Tao Li has raised $100 million from a who's who list of venture investors: Chengwei Capital, Qiming Venture Partners, Redpoint Capital, Northern Light Venture Capital and private equity firm SIG.

APUS Group, the startup, is - you guessed it! - in the mobile space, developing apps and features. Based in Beijing, APUS (or Swift Bird) has developed a bunch of applications that make it easier, faster and more convenient to use the Android operating system. One of the main complaints about Android phones is that they are slow. Not with Swift Bird though.  

Keep reading post at Forbes: Swift Bird.






Jack Ma lost $1.4 billion today

Jack Ma's fortune dropped $1.4 billion yesterday, the most among the world's 400 richest people, as Alibaba Group Holding Ltd. shares posted a record slump after the company missed revenue estimates. 


Joe Tsai responds to regulator white paper

Only one question came up during Alibaba's earnings call about the recent report released by a Chinese regulator criticizing the e-commerce giant. But that might understate how likely the report is to influence talk about Alibaba for some time.

The regulator, the State Administration For Industry And Commerce (SAIC), accused Alibaba of selling fake goods and misleading customers on its shopping platform

SAIC has taken down the report, which ranked Taobao worse for fakes and reliability than rival China sites and

Alibaba Group executive chairman Joe Tsai responded to concerns over the report, noting among other things that Alibaba never requested a delay of the 'white paper' before Alibaba's IPO. 


OUYA! Guess who just got a $10 million investment from Alibaba? 


Xiaomi May Have A Major Patent Problem 


The Price Of China Hype: Weibo Shares Near New Low 

The Big Reason Apple Is Beating Samsung in China


AutoBot, a Beijing startup that makes diagnostic tools for cars, has raised a $6 million Series A from Gobi Partners and ABC Capital.


Beibei, a Chinese ecommerce site specializing in goods for infants and toddlers, raised US$100M in a series C funding round led by Capital Today and New Horizon.  


Chinese drone maker EHANG nabbed $10 million from GGV Capital and angel investors, Nick Yang and Xiaoping Xu.

Derrick Xiong, a co-founder of EHANG, is on a mission to make personal drones mainstream. He will tell all here:

Silicon Dragon, Feb. 5, in Palo Alto.

The startup raised $600,00 on Indiegogo's crowd-financing platform last November for its Ghost Drone product. Keep reading post at Forbes, Ghost Drone.




US to help India become technologically developed.

Temasek set to acquire the India venture debt unit of SVB Financial Group for $45 million.

Indian e-commerce leader ShopClues raises $100M, in deal led by Tiger Global

As Flipkart Eyes Wall St IPO, Top Global Investment Banks Hotfoot To India:



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