The Low Down - Momentum Works

On tech & VC in China, Southeast Asia & beyond.

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China

Attack of the Clones: HQ Trivia copycats emerge overnight in China

HQ Trivia has grown massively over the last few months. Since the beginning of the year, Chinese companies are rapidly releasing their own versions – and burning plenty of cash in the process.

Cash out your startup – how to improve your odds?

Despite markets being flooded with investments, exits in Southeast Asia have been few and far between. If you are a startup funder or founder, you’re in for a treat.   It is a fact that each company has a limited… Continue Reading →

[MW Weekend] Can you use Siri to game HQ Trivia?

We tested Siri for HQ Trivia – and we have a challenge for you as well

Didi attacks Uber’s two biggest cities globally

Last week’s announcement that Didi has agreed to take of control of 99 – Brazil’s homegrown ride hailing platform – confirmed the rumours that Didi is looking to make its first foray (running, not investing) outside of China. What are… Continue Reading →

Invested by the big boys – you might not be as lucky as you think

Our recent encounters with a content platform based out of Jakarta, Indonesia has a tragic ring to it.

A US$30b company is challenging Didi in China

Didi is valued at US$56 billion with daily order of 25 million; while Meituan is valued at US$30 billion with daily order of 22 million.

Momentum Works’ predictions beyond Southeast Asia

You would have read our predictions for Southeast Asia last week. Now, we have our predictions for what we think is going to happen further afield in 2018. Let us know what you think by commenting below or emailing us at hello@mworks.asia… Continue Reading →

Why Baidu fell behind Alibaba & Tencent (and what can be done about it)

Those who are familiar with China’s internet scene would have heard the term “BAT” – which is the acronym for “Baidu, Alibaba & Tencent”, the three dominant players occupying search, ecommerce and social network respectively. In a way, pretty much… Continue Reading →

Angry CEO & his Ezbuy

“We can’t decide whether the big players are bullying us, but we can do our best to improve ourselves in order not to be bullied” On Friday, He Jian, Founder & CEO of Ezbuy, posted (on WeChat) an open letter… Continue Reading →

Why Jack Ma is missing from the dinner of Chinese internet billionaires

There is a photo circulating on the internet about some of the most prominent names of Chinese mobile internet industry gathering at the same dinner table. Many of you asked us three questions: Is this photo real? Who exactly are… Continue Reading →

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