Robyn's Feed
Nov 4, 2015
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Singles’ Day spat shows Alibaba’s jealous side

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Brands are discovering a possessive side to Alibaba. The Chinese e-commerce giant’s annual “Singles’ Day” event has become a national shopping festival. Now smaller JD.com has accused its $210 billion rival of bullying merchants into using only its platform. Market power may be good for driving sales, but not if it prompts regulators to intervene.

Nov 2, 2015
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HTC needs breathing space for revival

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

HTC needs to phone a friend. At NT$65 billion ($2 billion), Taiwan’s largest handset maker is now worth a little more than its dwindling cashpile. Founder and Chairwoman Cher Wang, who took over as chief executive this year, rules out a sale. So HTC needs to buy time by raising funds – perhaps by selling a stake. Even then, new smartphones and a push into virtual reality both look like long shots.

Oct 30, 2015
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China’s two-child policy delivers wrong baby boom

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

China’s Communist leaders have delivered a baby boom, but not the one they are hoping for. Diaper and dairy stocks jumped on news that the state will in future permit all couples to have two children. Though the birth rate may inch up as a result, it won’t have much impact on China’s ageing population and shrinking workforce.

Oct 29, 2015
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Samsung shows investors it can be generous too

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Samsung Electronics is making a small but encouraging effort to repair relations with shareholders. The South Korean group plans to buy back 11.3 trillion won ($9.9 billion) worth of stock and pay out up to half of its free cash flow in dividends. That will shrink its cash pile and may help the ruling Lee family reorganise their empire.

Oct 29, 2015
via Breakingviews

Samsung shows investors it can be generous too

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Samsung Electronics is making a small but encouraging effort to repair relations with shareholders. The South Korean group plans to buy back 11.3 trillion won ($9.9 billion) worth of stock and pay out up to half of its free cash flow in dividends. That will shrink its cash pile and may help the ruling Lee family reorganise their empire.

Oct 27, 2015
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Messy deal calls truce in China online travel war

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Two bitter adversaries in China’s online travel war are joining forces in a messy deal. Market leader Ctrip is teaming up with Qunar through a $3.4 billion share swap with search engine operator Baidu, which controls its smaller rival. But by stopping short of a full merger the two have left shareholders guessing at the value created by the alliance.

Oct 27, 2015
via Breakingviews

Messy deal calls truce in China online travel war

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Two bitter adversaries in China’s online travel war are joining forces in a messy deal. Market leader Ctrip is teaming up with Qunar through a $3.4 billion share swap with search engine operator Baidu, which controls its smaller rival. But by stopping short of a full merger the two have left shareholders guessing at the value created by the alliance.

Oct 21, 2015
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China box office boom loses movie magic up close

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

China’s booming movie industry may be a rising star in the economy, but growth looks less stellar up close. Swelling audiences are on track to lift ticket sales to 40.6 billion yuan ($6.4 billion) this year, an increase of 36 percent from the previous year. But heavy discounts from cinema chains and online sites may be exaggerating top line growth.

Oct 7, 2015
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Samsung’s future is more Intel, less Apple

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Samsung Electronics may be Apple’s archrival, but the South Korean giant is looking more and more like chipmaker Intel. While smartphone sales are sliding, Samsung’s chip business is powering its bottom line. Future growth may depend more on components than on competing with the iPhone.

Oct 2, 2015
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Alibaba delivery arm is a financial blind spot

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

Alibaba’s expanding delivery arm is a financial blind spot. The Chinese e-commerce group owns just under half of the company that manages billions of its packages each year. Yet Alibaba has spent over $6.3 billion on logistics-related deals in three years. When it comes to working out whether these investments make strategic sense, shareholders are in the dark.

    • About Robyn

      "Robyn Mak joined Reuters Breakingviews in 2013. Previously, she was a Research Associate for the Global Policy Programs at the Asia Society in New York where she focused on US-Iran relations, US-Myanmar relations and sustainability issues in Asia. She has also worked as a researcher at the Carnegie Endowment for International Peace in Washington DC. She holds a masters degree in international economics and international relations from the Johns Hopkins School of Advanced International Studies and is a magna cum laude graduate of New York University. Follow Robyn on Twitter @mak_robyn"
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