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Why Samsung solving ‘first world problems’ matters

As someone who lives and breathes technology every single day I’m skeptical whenever a new company says its new thing(s) will change our lives in meaningful ways.

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Cheesy. Corny. Dorky. All of these words typically describe a Samsung press conference where it announces a slew of new products.

But at the IFA tech show in Berlin this year, Samsung’s message — “your new normal” — was anything but cheesy because it reminded me how convenient technology has made life. Most of us will never admit it, but we all take technology for granted.

As someone who lives and breathes technology every single day, is one of the first to see the latest and greatest innovations before everyone else does, and reviews new tech products for a living, I’m skeptical whenever a new company says its new thing(s) will change our lives in meaningful ways.

Samsung’s IFA press conference is not what I would have called exciting. If you’re looking for spectacle, that’s what its Unpacked events are for.

The company announced a bunch of handful of new products like a new flatscreen QLED TV, a 49-inch QLED gaming monitor with 1-millisecond response time, an improved smart washing machine, and better connectivity for its smart fridges.

Samsung also dedicated a chunk to the new fitness-focused Gear Sport smartwatch, Gear Fit2 Pro…

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Ecommerce

Alibaba confirms $13bn listing in Hong Kong

Alibaba will offer 500 million shares at a maximum of HK$188 apiece, the company said. The number eight is considered auspicious in China.

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Chinese technology giant Alibaba on Friday confirmed plans to list in Hong Kong in what it called a $13 billion vote of confidence in the turbulent city’s markets and a step forward in its plans to go global.

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Ecommerce

E-commerce in ASEAN: Digital technology and players

The 50 most-funded e-commerce start-ups in ASEAN have raised $12.6 billion as of July 2019, with most of the funding raised in the last two years

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E-commerce has been the most dynamic segment of the Internet economy in ASEAN over the past three years. The value of e-commerce rose four-fold, from $5.5 billion in 2015 to more than $23 billion in 2018.

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Ecommerce

Southeast Asia’s internet economy hits $100 billion

The two pacesetters in the region are Indonesia and Vietnam, which lead the pack with growth rates in excess of 40% a year.

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The internet economies in Malaysia, Thailand, Singapore and the Philippines are growing by between 20% and 30% annually, with no signs of slowing down, according to Google and Temasek multi-year research program. 

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