Are the gates to the great firewall opening?

10

October

2020

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The chinese government’s efforts toward decoupling the country’s internet from the rest of the world are often described as the “the great firewall of china”. Due to a variety of political and economic interests Beijing, largely with the help of American companies (Cisco), began to build a censorship and regulation construct. The result is a government-controlled internet, where products and content are banned that are not aligned with the parties interests. For instance, many products and services that are enjoyed by many millions of people in the western world such as Facebook or youtube are not available in China.

 

As always, with the censorship and regulation came new ways on how to bypass the restrictions. The most common tool to circumvent the firewall are VPNs, that allow accessing the internet with a different IP address. While this process is illegal in China, it was the only solution for many needing to access western internet services. 

 

The latest news from China however suggests that there might be a new tool that will allow Chinese people to get a glimpse of foreign internet without the use of VPN. China now has a new mobile browser, called Tuber, that includes access to many western mainstream internet services such as google and youtube. While this seems like a major step to opening up, it comes with major drawbacks. First users report that many services such as youtube are still content censored. For instance, search results for politically sensitive requests such as “tianmen” or “xi jinping” deliver no results. Also, users have to sign up to the browser with their personal phone number, implying tight surveillance of the online activity. 

 

In the past there have been many other services that promised foreign internet access without VPN. However, mostly all of them have been removed or banned after a while. This case of tuber might be different, for the reason that the company is majority state-owned by the chinese cybersecurity agency. However, It still remains unclear whether Tuber has gained official permission from Beijing or not. But, it would be surprising if not. In any case the application definitely gained fast traction as there have been more than 2 million downloads in 2 days.

 

Do you think that Tuber marks the first step of the chinese firewall opening up ?

 

Sources:

https://techcrunch.com/2020/10/09/new-chinese-browser-lets-users-get-around-great-firewal/

https://www.scmp.com/news/china/article/3104949/chinese-app-called-tuber-provides-still-censored-look-over-beijings

https://www.ibtimes.sg/chinas-tuber-browser-app-lets-users-access-google-facebook-twitter-beyond-great-firewall-52371

https://www.scmp.com/abacus/who-what/what/article/3089836/story-chinas-great-firewall-worlds-most-sophisticated

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How drones save lives in Africa

9

October

2020

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Drone delivery businesses have cropped up all around the world in the last years. Most of them, focussing on delivering our latest shopping craves even quicker. While this is all fun, the american company, zipline, who is saving lifes by supplying medical equipment with drones in developing countries has been recently valued at $1.2B.

 

Especially in central African countries such as Rwanda and Ghana, infrastructure is so poor, that when medical supplies become scarce, new supply often does not arrive in time. To battle this issue, the silicon valley based company zipline started operating drones that fly medical supplies such as blood samples or medicines to hospitals in need. The idea gained commercial traction and attracted multiple million dollar investments from both the private and public sector. That solution worked so well that zipline has become an essential partner of the Rwandan government, receiving an exclusive flight permit all over the country. The company is now serving more than 22 million people in the area and operating from more than 2,600 health facilities.

 

In 2019 the company also announced plans to start operations in their home country, the U.S.A. Due to lower investments in infrastructure and poorly supplied hospitals, particularly in poor regions of the U.S average life expectancy decreased in the last years. Therefore, the company hoped to address medical supply shortages in their home country and opened up operations in North Carolina. This decision especially came in handy during the coronavirus pandemic, when hospitals all over the world and also in the U.S were in dire need of medical supplies. In the U.S. but also in Africa the company was able to successfully supply covid-19 tests and personal protective equipment such as face masks. 

Do you think that drones are the key to solving infrastructural problems?

Sources:

http://emag.medicalexpo.com/drone-start-up-zipline-is-helping-fight-covid-19-in-africa/

https://www.cnbc.com/2019/05/17/zipline-medical-delivery-drone-start-up-now-valued-at-1point2-billion.html

https://www.businessinsider.es/zipline-drone-coronavirus-supplies-africa-rwanda-ghana-2020-5?r=US&IR=T

https://time.com/rwanda-drone-zipline

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How the pandemic is transforming the global luxury sector

5

October

2020

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Due to the rapid spread of the Coronavirus many luxury retailers and wholesalers had to close doors during the lockdowns. The implications for the industry are brutal: In the best-case scenario global luxury sales will decline by 18%. However, the worst-case scenario ranges around 35% (Bain & Company, 2020). This implicates a loss of around $50 billion to $100 billion for the industry, which has been growing around 3% (CAGR) annually (PRnewswire, 2020). In a market where only around 10% of sales are made online, the impact of the pandemic was particularly dire. The dependency on wholesalers and physical shopping experiences are only some of the challenges that the industry faces now. The reluctance and inability of the large chinese customer-base to travel is particularly problematic, as they make up 35% of global demand and half of chinese customers make their purchases abroad. While these tough environmental conditions certainly imply bankruptcy for many beloved luxury brands, they also embrace creative flexibility (McKinsey & Company, 2020). As many luxury retailers were forced to close physical doors, many opened new virtual sales channels. The following will highlight some of the most promising and creative digital sales strategies luxury companies have adopted amid the pandemic.

 

The main goal of many new digital strategies was to reproduce the luxury sector’s most important feature: personal and emotional experiences. Many brands such as Louis Vuitton and Gucci launched livestream selling experiences, where goods are presented and customers have the opportunity to interact directly with a salesperson. Furthermore, many companies focused on serving the top 1% customers, sending free samples to their most valuable customers and arranging personal video chat meetings to showcase the products (Lazazzera, 2020). Recreating personal experiences and delivering valuable content online will definitely be a key criteria in defining which brands will sustain the new challenges (McKinsey & Company, 2020).

 

The global watch industry has been hit especially hard from the pandemic’s impact. As only 5% of sales happen online, many luxury watch brands became creative. For instance, Omega and Zenith launched new social media campaigns to stay in touch with their communities. The fondation de la Haut Horlogerie, which is an organiser of watch fairs, built a new digital platform to host online watch fairs. According to them, it was a huge success with more than 44,00 visitors on the first four days. While the digital pattern of these new strategies is striking, many also engaged philanthropic pursues, such as giving away watches for front-line workers and volunteers in the pandemic (Lazazzera, 2020).

 

How do you think brands will overcome customer’s hesitancy to buy luxury goods amid the pandemic?

Sources: 

 

Bain & Company, 2020, Global personal luxury goods market set to contract between 20 – 35 percent in 2020. Retrieved from: https://www.bain.com/about/media-center/press-releases/2020/spring-luxury-report/

 

Milena Lazazzera, 2020, How virtual stores became a reality in the world of luxury Financial Times. Retrieved from: https://www.ft.com/content/ca6bb85f-9af7-4df7-a606-828ceeea5a97

 

Alicia Esposito, 2020, How Luxury Brands Are Responding To COVID Tension With Innovation. Retrieved from: https://retailtouchpoints.com/topics/retail-innovation/how-luxury-brands-are-responding-to-covid-tension-with-innovation

 

McKinsey & Company 2020, The State of Fashion 2020. Retrieved from: https://www.mckinsey.com/industries/retail/our-insights/the-state-of-fashion-2020-navigating-uncertainty

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