Hints and tips:
...On an investor call in October, Coca-Cola chief executive James Quincey pointed out that Gen Z consumers, born between roughly 1997 and 2012, spend seven to nine hours a day on a screen but “very little...
...Having a fast-ageing population, reluctant to embrace e-payments, has not helped. But change is afoot....
...Allbirds, founded in 2015, raised $100m in a Series E funding round in September last year, valuing it at $1bn....
...The latter division has already witnessed a clampdown on its supersized money market fund, Yu’E Bao, in 2017....
...Clearly there is,” said Peter Alexander, managing director at Z-Ben, a Shanghai-based consultancy, of Ant’s arrangement with the fund managers....
...“Managers including Penghua, E Fund, China Universal and a host of others have raised billions in a matter of hours for new equity launches, heavily supported by the move out of money market funds....
...Assets held in Yu’e Bao reached a peak of about $250bn in 2018, illustrating the power of Ant’s technology to drive investor inflows....
...“These products’ biggest customers are millennials and Gen Z. Younger folks adopt tech products much faster,” she said....
...It has already signed up Discovery Communications, A+E Networks, Vivendi’s Universal Music and Warner Music Group....
...Chris Powers, an analyst at Z-Ben Advisors, the Shanghai-based consultancy, said: “We have had several clients ask us about [teaming up with Chinese internet groups]....
...JD.com, an electronic e-commerce company....
...China’s Harvest recently confirmed plans to set up a London arm, while E Fund Management told FTfm in July that it is considering opening offices in New York and London....
...Yu’e Bao has certainly changed how people see the asset management industry.”...
...At the end of last year, Gwyneth Paltrow received a plaintive e-mail....
...E-mail the Lex team in confidence at lex@ft.com...
...Where once we dug out an A-Z and absorbed the route as we plotted our way across town, now we simply punch co-ordinates into the TomTom or smartphone....
...Z wants to get back to Africa, and Shiloh too. So everyone takes their turns in their country.”...
...He was also a director of E Ink, which developed from an MIT project to mimic on a screen or plastic the appearance of ink on paper....
...This puts it third overall in terms of market share, behind China Asset Management (Rmb254bn) and E Fund Management (Rmb168bn)....
...She can’t fit in an interview, but suggests that if we e-mail over some questions she will write out the answers....
...United Technologies, Eaton Corp and Textron – which make a wide range of goods from aircraft engines to E-Z-Go golf carts – handily beat the benchmarks set by analysts....
...E-mail the Lex team confidentially...
...To comment on this feature please e-mail the FT Weekend Magazine at ftweekendmagazine@ft.com...
...Group Z is Google meets Ebay. He’s like a book agent – with a lot more money to hand....
...With Linux, $2,000 Latitude Z can start as soon it is opened, giving access to e-mail, the web and documents....
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