Home / Technology / A service that recognizes “China apps” is going viral in India – TechCrunch

A service that recognizes “China apps” is going viral in India – TechCrunch



The name of the app says it all: remove China Apps.

Remove China Apps was developed by a self-proclaimed “Indian startup” called OneTouch AppLabs and achieved 1 million downloads within 10 days of its launch in May. The overnight success was due to increasing tensions between China and India across the controversial Himalayan border.

Most of the app’s installations are in India, although App Annie’s analytical data shows that it has gained momentum in Australia in recent days and has risen to 5th place among apps for Android tools.

The app is easy to use: click Scan and either congratulate yourself on not having Chinese apps, or display a list of those of Chinese origin ̵

1; like TikTok.

India is one of the top travel destinations for overseas Chinese technology companies. Xiaomi and Oppo have been dominating mobile sales there for some time, and a significant number of top Android apps in the country are being developed by Chinese companies, as my former colleague Jon Russell pointed out. Sentiment has turned against China when India recently told startups that money raised by Chinese investors would be subject to additional scrutiny.

On Android, Remove China Apps has an almost perfect rating of 4.9 out of 5 stars out of almost 180,000 reviews. It claims that it can identify an app’s country of origin based on market research, but doesn’t guarantee the accuracy of the result. The users have the option to remove the apps they have marked. The service is provided for non-commercial purposes.

Despite its immediate popularity, the app’s background is cryptic. The company website is a simple WordPress-based website and Remove China Apps claims to be the first product. This is an overwhelming achievement, contrary to its grandiose statement that it has “more than 8 years of experience in the development, development and management of mobile and web applications”.

It is also unclear how the developer defines “China Apps”. For example, will apps developed by overseas Chinese raise the alarm? How about a Chinese subsidiary operating a fully localized team abroad? User tests show that it features the U.S. video conferencing giant Zoom. Does the fact that its founder Eric Yuan, an American citizen born in China, make Zoom a “China app”? In the meantime, some obvious targets have been missed, such as Chinese apps that come with smartphones.

At the time of writing, we have not yet received any feedback from the company on the methods with which “China apps” are recognized. However, there is online information on what information it collects from users, including their own device model, the language set for the device system, the device manufacturer, and app-specific information such as the version code of apps, the version name of apps and the package name of apps.

The app has sparked fierce debates among Chinese developers targeting international markets. Baijing or Beluga Whale, a popular online community for China’s app exporters, wrote (in Chinese) that Remove China Apps is “a form of market disruption” and asked Chinese developers to report the app to Google.

Many are concerned about the rising sentiment against China overseas. The founder of a major app exporter said to me, “I think what is going to happen in India will also happen in other countries in the future. So this is a long-term impact that should be considered when calculating Chinese developers.”

There may be some security for Chinese developers. While users of the recognition app welcome their mission, some complain that certain Chinese apps are not being replaced immediately. One of the key user-recommended indigenous alternatives is Jio Platforms, Reliance’s well-funded subsidiary that operates a wide range of mobile apps.

To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments

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Meanwhile, Twitter swapped its standard logo for a black and white version and added a hashtag for Black Lives Matter to its biography. His diversity account Twitter Together offered the following statement (of course via tweet):

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Racism does not cling to social distance. Amid the growing fear and uncertainty surrounding the pandemic, this week has once again drawn attention to something perhaps more ubiquitous: the longstanding racism and injustices that black and brown people face every day.

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Amazon also went to Twitter and made the following statement:

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The unjust and brutal treatment of black people in our country must stop. Together we stand in solidarity with the black community of our employees, customers and partners in the fight against systematic racism and injustice.

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AWS boss Andy Jassy added for his own account:

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* What * will it take for us to refuse to accept these unjust murders of black people? How many people have to die, how many generations have to endure, how much eyewitness video is needed? What do we still need? We need more than what we get from courts and political leaders.

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Many quickly convicted Amazon for perceived hypocrisy. Problems encountered here include longstanding complaints about worker treatment and Amazon Web Services technologies such as face recognition used by law enforcement agencies.

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The ACLU replied rather bluntly:

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Cool tweet. Will you commit to stop selling facial recognition surveillance technologies that increase police abuse?

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Amazon does not seem to have answered this last question from the organization.

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The pain of the past week reminds us of how far our country has to go to give everyone the freedom to live in dignity ...

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Written by Mark Zuckerberg on Sunday May 31, 2020

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Facebook's response was also mixed. Were employees Agree on their anger to break Mark Zuckerberg's decision with Twitter If you leave Trump 's when the looting begins, the shootout begins the tactful instruction. More recently, however The CEO has donated $ 10 million to relevant nonprofits, add in a post:

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I know that Facebook needs to do more to support equality and security for the black community through our platforms to help in this struggle. As hard as it was to see, I'm grateful that Darnella Frazier posted her video about the murder of George Floyd on Facebook because we all had to see it. We need to know George Floyd's name. However, it is clear that Facebook has more to do to ensure people's safety and ensure that our systems do not reinforce prejudice.

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Comments from Microsoft CEO Satya Nadella posted on LinkedIn Briefly touch on the events in Minneapolis and the recent problematic encounter in Central Park, where the police asked Birder Christian Cooper:

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Our identity, our existence is rooted in the empowerment of all people on the planet. So it's our job to use our platforms and resources to drive this systemic change, right? That is the real challenge here. It is not just any incident, it is all the things that led to the incident that absolutely need to change.

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In the meantime, Snap CEO sent Evan Spiegel a long letter to the employees on Sunday, in writing:

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Of course, the same founding fathers who advocated freedom, equality, and justice for all were mostly slave owners. Their powerful vision of a nation created by the people for the people was based on prejudice, injustice and racism. Without addressing this rotten foundation and its continued failure to create opportunities for all, we are holding back from recognizing our true ability to advance human beings, and we will continue to miss the bold vision of freedom, equality, and justice for all.

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Spiegel's letter focuses on his work of understanding the struggles as a young, white, educated man [who] I was really lucky and had suggestions for financial methods to tackle inequality. In particular, he calls for the establishment of a bipartisan commission for truth, reconciliation and reparation as well as an investment in housing, health care and education.

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A fourth night of protests broke out across the country on Sunday, triggered by the death of George Floyd on May 25 by the Minneapolis police. The movement is a response to widespread and systemic inequality, in which a disproportionately large number of black Americans suffered a similar fate, with Floyd gasping desperately […]

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At the 2018 I / O Developer Conference, Google launched the company debuted A new suite for digital well-being that Android users can use to better manage their screen time. At its 2019 event, it did expanded the functions of his tools and improved the associated parental controls. Although Google I / O will not take place this year due to the COVID 19 pandemic, the company is updating its well-being toolset again. This year, the focus is on the right time as Google will introduce new bedtime tools to help people sleep better.

n

Google reports that sleep and sleep searches such as "Insomnia" and "Can't Sleep" increased in April and May, as the coronavirus crisis led to increased stress and anxiety that could disrupt sleep.

n

Android's "Bedtime" mode, formerly referred to as "Wind Down", uses "Do Not Disturb" to mute calls, text, and notifications, while grayscale hides your phone's colors in black and white to keep the drawing on your Decrease screen. With the updates to this feature, Google is making it easier to customize when and how bedtime mode is activated.

n

Based on your bedtime schedule, you can now set it to turn on automatically after your phone is connected to the charger. You can also add bedtime mode to your Android phone's Quick Settings to turn it on or off instantly with a single keystroke. If you need a few more minutes, you can pause bedtime mode without having to adjust your schedule.

n

The update for Digital Wellbeing, which included the option to automatically activate bedtime mode when charging the phone and add it to the quick settings, was introduced in early May. But Google is announcing the features today as part of its other changes in bedtime mode.

n

n

The watch app on Android is also updated with a new "Bedtime" tab.

n

Here you can set the daily sleep and wake times. In the app, you can preview your calendar for the next day and then determine the total number of hours of sleep that you would get. In this way, you can adjust your bedtime as needed to synchronize it with tomorrow's schedule - even if it means that you are deviating from your typical bedtime schedule.

n

n

In addition, users get a reminder before bed and have the ability to play calming sounds from Calm, Spotify, YouTube Music and other sources. If digital wellbeing is installed, they can be paired with bedtime mode to limit the interruptions during sleep.

n

The app also shows how much time you spend and which apps you used after the set bedtime.

n

Google also suggested that users looking for a better night's sleep can try the Sunrise Alert option, which gradually brightens your screen so you can wake up more gently. This visual alarm system starts 15 minutes before your audio alarm. Users can also set their favorite songs as alarms so as not to disturb the alarm, Google recommends.

n

The sunrise alarm was the first introduced with the Pixel 3 and Pixel Stand in 2018. With the update, however, you no longer need the stand to be able to use the function. It is part of the new "Bedtime" tab in the watch app.

n

n

Google has determined this in the context of today's introduction of new bedtime features u00a0 Recently added YouTube bedtime reminders. It also supports a daily bedtime schedule in the parental control function of Android, Family Link.

n

n

As of today, the updated Bedtime experience will first be launched on Pixel devices and will be available later in the summer in the Clock app and on other Android devices. Pixel devices will also get a handful of other updates, including Adaptive Battery.

n

n

Pixel 2 devices and newer versions notify the user when the battery is empty, while throttling background usage to save life. The excellent recorder app can now be triggered with a u201cHey Google u201d and transcripts can be saved directly in Google Docs.

n

The Personal Safety App introduced on the Pixel 4 is now available for all devices, while the Pixel 3 receives a car accident detection. There is also a new security review feature that can send alerts in potentially dangerous situations. Via Google:

n

n

For example, if you want to run or hike alone, the security check ensures that you made it back safely. If you do not respond to the scheduled check-in, the app will notify your emergency contacts. In the event that you need immediate help or are in a dangerous situation, the emergency release will notify all of your emergency contacts and share your real-time location via Google Maps so that they can send help or find you.

n

n

The personal security app also allows users to set notifications for crises, including natural disasters and other public security concerns.

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At the 2018 I / O developer conference from Google, the company presented a new suite for "digital well-being" that is intended to help Android users better manage their screen time. At the event in 2019, the functions of the tools were expanded and the corresponding parental controls improved. Although Google I / O is not taking place this year due to the COVID 19 pandemic, the company did […]

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Sarah arbeitet derzeit als Autorin für TechCrunch, nachdem sie zuvor über drei Jahre bei ReadWriteWeb verbracht hatte. Vor ihrer Arbeit als Reporterin arbeitete Sarah in I.T. in einer Reihe von Branchen, einschließlich Bankwesen, Einzelhandel und Software.

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acquires Turkey’s Peak Games for $1.8B, after buying its card games studio for $100M in 2017"},"content":{"rendered":"

Today, some news of a huge acquisition out of Turkey that represents the first billion-dollar-plus exit for a startup out of the country. Social gaming company Zynga confirmed that it is Kauf Istanbul-based Peak games, the company behind popular Candy-Crush-style mobile gaming apps Toon Blast and Toy Blast, for $1.8 billion — $900 million in cash, and $900 million in Zynga shares.

n

Interestingly, this is the second time that Zynga has made a Peak Games acquisition. In 2017, it purchased the company’s mobile card games business for $100 million (more on that below).

n

The news caps off a short period of speculation about an upcoming deal, with local tech publications like Webrazzi calling the sale (and correct price) last month.

n

Peak’s investors had included European VCs Earlybird and Hummingbird Ventures — both active backers of startups in emerging markets in the region — and Endeavor Global (the nonprofit that invests via its Endeavor Catalystu00a0fund). Sidar Sahin, the founder and CEO, had been the company’s biggest shareholder.

n

As with all M&A in the world of gaming, Zynga is getting a couple of big gains out of this sale.

n

The first is picking up two very popular titles/franchises that it doesn’t have do develop from scratch (in hopes of investing R&D budget in what it hopes but can’t guarantee will be a hit). Toon Blast and Toy Blast together total more than 12 million DAUs. And on top of that, those two games are some of the highest-grossing among all in Apple’s App Store, ranking among the top-10 and top-20 games in the past two years, Zynga noted in its announcement.

n

It’s not just about adding popular games content, but expanding Zynga’s advertising business as well. Significantly, Peak Games’ primary users are outside of Zynga’s home market of the US, representing a real growth opportunity for the company to cross-sell other games. Zynga says that bolting on Peak’s games network to its own will boost its number of mobile daily active users by 60%, which mean a lot of scaling up for its ad network.

n

Of course, sustaining both of those titles and their respective franchises as hits for the long run is not a given — the world of gaming regularly sees blockbusters fizzle out when the next big thing comes along — although these “forever franchises” with their steady popularity have a strong play to be exactly that.

n

However, the long play is also where the third big asset comes in: talent. Peak has 100 employees working on its current franchises and other games. So while the back ends (and revenues) may be getting combined, Zynga says Peak’s people will stay put and continue to work under the Peak brand on the existing franchises as well as on new projects that are already in development.

n

Zynga says the deal will close in the third quarter of 2020, and it’s updated its guidance already on the news, sending its stock up more than 5% in pre-market trading. Specifically, Zynga today said it believes the deal will bump up revenues by $40 million for the year, to $1.840 billion.

n

A startup so nice, Zynga bought it twice

n

The deal is notable not just because of what it’s adding to Zynga today, but because it highlights some interesting history between the two companies.

n

Back in November 2017, Zynga acquired one division of Peak Games, its mobile card games studio, for $100 million in cash.

n

The deal included games like Spades Plus and Gin Rummy Plus, respectively the largest spade and rummy mobile games in the world at the time; and games that were popular in Peak’s home market, 101 Okey Plus and Okey Plus. And according to analysis from Apptopia, it looks like Zynga was set to recoup the money it paid out by 2019, meaning that business is now profitable.

n

The remainder of Peak Games is another story. If Zynga tried to buy the whole business two years ago, it might have been that Peak was reluctant to sell its remaining two titles — its own Candy Crush crushers — Toon Blast and Toy Blast for anything near $100 million. And with good reason, since (as Zynga itself pointed out) they went on to become some of the consistently highest-grossing games in all of the App Store.

n

In the intervening period, Zynga tried to create its own rivals, namely Wonka’s World of Candy, but it’s never been as big of a hit as the others. (Apptopia’s Adam Blacker today told me, after I published this piece, that in fact Wonka’s World has made but a tiny fraction of the revenue of Peak’s titles.)

n

Hence, two years on, Zynga possibly finally found the “right price”u00a0for the whole of Peak Games.

n

u201cWe are honored to welcome Sidar and team to Zynga. Peak is one of the worldu2019s best puzzle game makers and we could not be more excited to add such creative and passionate talent to our company,u201d said Frank Gibeau, Chief Executive Officer of Zynga, in a statement. u201cWith the addition of Toon Blast and Toy Blast, we are expanding our live services portfolio to eight forever franchises, meaningfully increasing our global audience base and adding to our exciting new game pipeline. As a combined team, we are well positioned to grow faster together.u201d

n

u201cThis is a monumental partnership not only for Zynga and Peak, but for the whole mobile gaming industry,u201d said Sidar Sahin, founder and Chief Executive Officer of Peak, in a statement. u201cBoth companies share a common vision — to bring people together through games. Peaku2019s culture is rooted in relentless learning and progress, so as we embark on this new chapter in our journey together with Zynga, we remain as committed as ever to our unique culture. Weu2019re very excited for our combined future and what we will accomplish together.u201d

n

Zynga and games business strategies aside, this is also a huge deal for Turkey’s tech ecosystem.

n

Turkey has been a steady presence straddling both the European and MENA markets (much as Turkey’s wider economy and political presence does), but so far with little impact in terms of exits and activity that extend outside of the region.

n

This acquisition is a testament to the exciting companies and talent that are being developed in the market, and is of course yet another sign of how big tech companies based out of more established centres like the Bay Area will continue to take bigger leaps to tap talent ever further afield, in their ongoing consolidation push and search for both business and audience growth.

n

One impact of the COVID-19 pandemic has been that many are starting to see a much faster decentralisation in the world of technology. People are working remotely, and some are even planning to move away from tech hubs; and deals are getting done not in person but over videoconferencing links. This acquisition also demonstrates how that is also playing out in the world of M&A, too.

n","protected":false},"excerpt":{"rendered":"

Today, some news of a huge acquisition out of Turkey that represents the first billion-dollar-plus exit for a startup out of the country. Social gaming company Zynga confirmed that it is buying Istanbul-based Peak Games, the company behind popular Candy-Crush-style mobile gaming apps Toon Blast and Toy Blast, for $1.8 billion — $900 million in […]

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Ingrid is a writer and editor for TechCrunch, joining February 2012, based out of London.

nn

Before TechCrunch, Ingrid worked at paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect.

nn

When it comes to work, she feels most comfortable speaking in English but can also speak Russian, Spanish and French (in descending order of competence).

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Ingrid is a writer and editor for TechCrunch, joining February 2012, based out of London.

nn

Before TechCrunch, Ingrid worked at paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times. Ingrid covers mobile, digital media, advertising and the spaces where these intersect.

nn

When it comes to work, she feels most comfortable speaking in English but can also speak Russian, Spanish and French (in descending order of competence).

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COVID-19 quickly put the stock market in the ICU, with signs of unprecedented volatility and declines. However, the market’s resilience and swift action by the Fed made this downward spiral short-lived. The Russell 2000 Index, a benchmark for small-cap stocks, is one of several indices that highlights this.

n

Within a one-month period from late February into March, The Russell 2000 Index was down more than 40%, signaling the end of a long bull market and entrance into bear territory. Yet, two months later, at the end of May, the Index is up over 35% from its low. In the private market, the impact of volatility on healthy, pre-COVID-19 software company valuations is much easier to track. As SaaS founders consider their financing options, the picture might be a bit less glum than they might imagine.

n

Still going strong

n

Changes to private market valuations often lag behind what transpires in the public markets. Also, fundraising cycles for private companies generally take 2-3 months from start to close. Unlike the 2000 dot-com crash and the 2008 Great Recession, where valuations dropped for extended periods of time, private company valuations, for the most part, have not had time to adjust for the volatility seen in the public markets.

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Here are a few cases and best practices that software founders can use to help push a decision forward now if considering a capital raise in the current environment.

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As the appetite of investors sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms.

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The major deals for Reliance Jio Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar big check sizes that some investors wrote to several young startups, many of which are today struggling to make sense of their finances.

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Prominent investors across the globe, including in India, have in recent weeks cautioned startups that they should be prepared for the u201cworst timeu201d as new checks become elusive.

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Elsewhere in India, the worldu2019s second-largest internet market and where all startups together raised a record $14.5 billion last year, firms are witnessing down rounds (where their valuations are slashed). Miten Sampat, an angel investor, said last week that startups should expect a 40%-50% haircut in their valuations if they do get an investment offer.

n

Facebooku2019s $5.7 billion investment valued the company at $57 billion. But U.S. private equity firms Silver Lake, Vista, General Atlantic, and KKR — all the other deals announced in the past five weeks — are paying a 12.5% premium for their stake in Jio Platforms, valuing it at $65 billion.

n

How did an Indian company become so valuable? What exactly does it do? Is it just as unprofitable as Uber? What's the future like? Why is it collecting so much money? And why does it make so many announcements instead of one.

n

Itu2019s a long story.

n

Run to the start of Jio

n

Billionaire Mukesh Ambani gave an overview of his gigantic Indian empire at a meeting in December 2015 with 35,000 people, including hundreds of Bollywood celebrities and industrial titans.

n

u201cReliance Industries has the second-largest polyester business in the world. We produce one and a half million tons of polyester for fabrics a year, which is enough to give every Indian 5 meters of fabric every year, year-on-year,u201d said Ambani, who is Asia’s richest man.

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As investors’ appetites sour in the midst of a pandemic, a three-and-a-half-year-old Indian firm has secured $10.3 billion in a month from Facebook and four U.S.-headquartered private equity firms. The major deals for Reliance Jio Platforms have sparked a sudden interest among analysts, executives and readers at a time when many are skeptical of similar […]

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VCs share their bets on the future of work"},"content":{"rendered":"

As tech companies mögen Twitter and Facebook gear up for longer-term remote work solutions, the future of work is becoming one of the more exciting opportunities in venture capital, CRV general partner Saar Gur told TechCrunch.

n

And as loneliness mounts with shelter-in-place orders implemented in various forms across the world, investors are looking for products and services that foster true connection among a distributed workforce, as well as a distributed society.

n

But the future of work doesn’t just entail spinning up home offices. It also involves gig workers, freelancers, hiring tools, tools for workplace organizing and automation. The last couple of years have particularly brought tech organizing to the forefront. Whether it was the Google walkout in 2018 or gig workers’ ongoing actions against companies like Uber, Lyft and Instacart for better pay and protections, there are many opportunities to help workers better organize and achieve their goals.

n

Below, we’ve gathered insights from:

n

n

Saar Gur, CRV

n

What are you most excited about in the future of work?

n

Future of work is one of the most exciting opportunities in venture.u00a0u00a0

n

Pre-COVID, few tech companies were fully remote. While it seems obvious in retrospect, the building blocks for fully remote technology companies now exist (e.g. high-speed internet, SaaS and the cloud, reliable video streaming, real-time documents, etc.). And while SIP may be temporary, we feel the TAM of fully remote companies will grow significantly and produce a number of exciting investment opportunities.

n

I donu2019t think we have fully grokked what it means to run a company digitally. Today, most processes like interviewing, meetings and performance/activity tracking still live in the world of atoms versus bits. As an example, imagine every meeting is recorded, transcribed and searchable — how would that transform how we work?u00a0u00a0u00a0

n

There is an opportunity to re-imagine how we work. And we are excited about products that solve meaningful problems in the areas of productivity, brainstorming, communication tools, workflows and more. We also see a lot of potential in infrastructure required to facilitate remote and global teams.

n

We are also excited by companies that are enabling new types of work. Companies like Etsy (founded 2005), Shopify (2004), TaskTabbit (2008), Uber (2009), DoorDash (2013) and Patreon (2013) have helped create a new workforce of entrepreneurs. But many of these companies are over a decade old and we fully expect a new wave of companies that give more power to the individual.

","protected":false},"excerpt":{"rendered":"

As tech companies like Twitter and Facebook gear up for longer-term remote work solutions, the future of work is becoming one of the more exciting opportunities in venture capital, CRV general partner Saar Gur told TechCrunch. And as loneliness mounts with shelter-in-place orders implemented in various forms across the world, investors are looking for products […]

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nn

She previously spent two years at Business Insider covering tech startups focused on the shared economy, IoT and music industry.

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She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.

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She graduated from the University of Southern California in 2011 with a degree in Broadcast and Digital Journalism.

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earnings to test hot tech valuations"},"content":{"rendered":"

Hello and welcome Back to our regular morning view of private companies, public markets and the gray areas in between.

n

This week will see two richly valued SaaS businesses share their Q1 earnings reports: CrowdStrike and Zoom. Both are IPOs in 2019, but these relatively young public companies have seen a strong upswing in public markets this year.

n

Zoom started in 2020 around $ 69 a share; It's worth $ 179.48 today before trading today. CrowdStrike started the year at just over $ 49 per share. Today it's worth $ 87.81 per share. The business-focused, but consumer-friendly video chat service Zoom and the cybersecurity-focused CrowdStrike are perfect examples of the updraft that SaaS businesses have ridden this year.

n

Since both companies report profits at the same time, we receive information about the work-from-home trend and the impact on services that enable remote work. CrowdStrikes The earnings will inform us of the performance of the cybersecurity area. Do companies fire more than expected to protect their networks and employees when so many are out of the office?

n

If Zoom and CrowdStrike report results that disappoint investors. They could do more than just dump their own stocks. Missing earnings reports from either could affect SaaS valuations more broadly and potentially affect the private valuations of companies in the new capital market. Why?

n

Awareness and timing.

n

Profit expectations

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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This week, two highly valued SaaS companies will share their Q1 earnings reports: CrowdStrike and Zoom. Both are 2019 IPOs, but these relatively young public companies have enjoyed a strong run in the public […]

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at B2B European VC henQ discuss remote work’s biggest advantages"},"content":{"rendered":"

HenQ, an Amsterdam-based VC that invests in European B2B software startups typically at seed and Series A, recently disclosed the first close of its fourth fund at u20ac70 million. The final close is expected to top out at between u20ac75-u20ac85 million later this year, and the firm has already begun backing companies out of the new fund.

n

However, what sets henQ apart from many VC firms isn’t just its pure focus on B2B software but that its team is fully remote. Primarily investing in the Nordics and Benelux, henQ doesn’t have any official offices, with the team working from different temporary locations. Even before the coronavirus pandemic, henQ closed deals remotely.

n

Successes from its previous funds include Mendix (acquired by Siemens) and SEOshop (acquired by Lightspeed).

n

I spoke to partners Jan Andriessen, Mick Mackaay and Jelmer de Jong to learn more about henQ, what it’s like to be a fully remote VC and how the firm envisions the post-pandemic era.

n

TechCrunch: Can you be more specific regarding the size of check you write and the types of companies, geographies, technologies and business models you are focusing on?

n

Jan Andriessen: Our main focus is seed rounds, in which we often are the lead investor. We also invest in Series A rounds, often as a co-investor. Initial check sizes vary from u20ac500,000 to u20ac3.5 million.

n

A typical seed investment has a product and perhaps a few pilot customers. The key here is not revenue (which is OK to be zero), but there is proof of the actual need for the product.

n

Most of our recent deals were in the Nordics and Benelux, the areas where we spent the majority of our time. But we have also invested in the Baltics, Czech Republic and the UK. For henQ 4, we expect this to be the same: the bulk of our investments will be in the Nordics and Benelux, with an occasional deal in broader Europe.

n

In terms of technology and business trends, one of the things we firmly believe in is the consumerization of enterprise software: successful startups are centered around their customers and focus on the job to be done. More generally, we have always been focused on startups with staying power: companies that have a right to exist over time, not just now, as they deliver a product that touches the core processes of their customers and operate at the heart of their customeru2019s business.

n

For example, looking at our portfolio, Zivver delivers secure communication solutions for hospitals and governments. Stravito works deep in the research departments of FMCGs, delivering a knowledge management platform. Mews runs the full operations of hotels with their property management system, and Orderchamp enables retailers to digitize their buying process.

n

We see the business model of a company as a means, not an end. Most of the startups we invest in charge a SaaS plus implementation fee, and have a more enterprise-sales driven business model. We are not afraid to invest in startups that have a more complex and longer sales cycle, and are not per se looking for SaaS ‘by-the-book.'

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HenQ, an Amsterdam-based VC that invests in European B2B software startups typically at seed and Series A, recently disclosed the first close of its fourth fund at u20ac70 million. The final close is expected to top out at between u20ac75-u20ac85 million later this year, and the firm has already begun backing companies out of the […]

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eveO'Hear""url":"""description":"""link":"https://techcrunchcom/author/steve-o-hear/""slug":"steve-o-hear""avatar_urls":{"24":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=24&d=identicon&r=g""48":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=48&d=identicon&r=g""96":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=96&d=identicon&r=g"}"links":{"homepage":"http://wwwohearnet""twitter":"https://twittercom/sohear""linkedin":"http://wwwlinkedincom/in/ohear""crunchbase":"https://wwwcrunchbasecom/person/steve-ohear"}"position":"Writer""cbDescription":"

Steve O'Hear is best known as a technology journalist, currently at TechCrunch where he focuses on European startups, companies and products.

nn

He first joined TechCrunch in November 2009 as Contributing Editor for TechCrunch Europe, where he worked alongside Editor Mike Butcher to help build TechCrunch's coverage in Europe.

nn

In June 2011, Steve took a break from journalism to co-found the London and Prague-based startup Beepl. In his role as CEO, he helped the company raise its first VC round, along with seeing the Question & Answer site through development, private alpha and a high profile public launch. In November 2012, Beepl was acquired by Brand Embassy.

nn

Along with TechCrunch, Steve has written for numerous publications, including ZDNet (where he wrote the well-respected blog 'The Social Web'), The Guardian, Macworld, TES, Last100 and ReadWriteWeb. He also wrote and directed the critically acclaimed Silicon Valley documentary 'In Search of the Valley', which was released in September 2006.

nn

In 2002, Steve was made a fellow of the National Endowment for Science, Technology and the Arts. He's also one half of ProtoBake Labs, an 'ideas incubator' he co-founded with Pete Harris.

nn

Disclaimer: Steve owns a small amount of cryptocurrency, and doesn't generally write about crypto currencies. If and when he does, he will always disclose any potential conflict of interest.

","cbAvatar":"https://crunchbase-production-res.cloudinary.com/image/upload/v1452432375/ejtyu0auvnxnmocnllgn.png","twitter":"sohear","_links":{"self":[{"href":"https://techcrunch.com/wp-json/tc/v1/users/1180458"}],"collection":[{"href":"https://techcrunch.com/wp-json/tc/v1/users"}]}}],"author":[{"id":1180458"name":"SteveO'Hear""url":"""description":"""link":"https://techcrunchcom/author/steve-o-hear/""slug":"steve-o-hear""avatar_urls":{"24":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=24&d=identicon&r=g""48":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=48&d=identicon&r=g""96":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=96&d=identicon&r=g"}"links":{"homepage":"http://wwwohearnet""twitter":"https://twittercom/sohear""linkedin":"http://wwwlinkedincom/in/ohear""crunchbase":"https://wwwcrunchbasecom/person/steve-ohear"}"position":"Writer""cbDescription":"[{"id":1180458"name":"SteveO'Hear""url":"""description":"""link":"https://techcrunchcom/author/steve-o-hear/""slug":"steve-o-hear""avatar_urls":{"24":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=24&d=identicon&r=g""48":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=48&d=identicon&r=g""96":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=96&d=identicon&r=g"}"links":{"homepage":"http://wwwohearnet""twitter":"https://twittercom/sohear""linkedin":"http://wwwlinkedincom/in/ohear""crunchbase":"https://wwwcrunchbasecom/person/steve-ohear"}"position":"Writer""cbDescription":"[{"id":1180458"name":"SteveO'Hear""url":"""description":"""link":"https://techcrunchcom/author/steve-o-hear/""slug":"steve-o-hear""avatar_urls":{"24":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=24&d=identicon&r=g""48":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=48&d=identicon&r=g""96":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=96&d=identicon&r=g"}"links":{"homepage":"http://wwwohearnet""twitter":"https://twittercom/sohear""linkedin":"http://wwwlinkedincom/in/ohear""crunchbase":"https://wwwcrunchbasecom/person/steve-ohear"}"position":"Writer""cbDescription":"[{"id":1180458"name":"SteveO'Hear""url":"""description":"""link":"https://techcrunchcom/author/steve-o-hear/""slug":"steve-o-hear""avatar_urls":{"24":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=24&d=identicon&r=g""48":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=48&d=identicon&r=g""96":"https://securegravatarcom/avatar/95b8a6df6d265cf57a4d89ee4856ea98?s=96&d=identicon&r=g"}"links":{"homepage":"http://wwwohearnet""twitter":"https://twittercom/sohear""linkedin":"http://wwwlinkedincom/in/ohear""crunchbase":"https://wwwcrunchbasecom/person/steve-ohear"}"position":"Writer""cbDescription":"

Steve O'Hear is best known as a technology journalist, currently at TechCrunch where he focuses on European startups, companies and products.

nn

He first joined TechCrunch in November 2009 as Contributing Editor for TechCrunch Europe, where he worked alongside Editor Mike Butcher to help build TechCrunch's coverage in Europe.

nn

In June 2011, Steve took a break from journalism to co-found the London and Prague-based startup Beepl. In his role as CEO, he helped the company raise its first VC round, along with seeing the Question & Answer site through development, private alpha and a high profile public launch. In November 2012, Beepl was acquired by Brand Embassy.

nn

Along with TechCrunch, Steve has written for numerous publications, including ZDNet (where he wrote the well-respected blog 'The Social Web'), The Guardian, Macworld, TES, Last100 and ReadWriteWeb. He also wrote and directed the critically acclaimed Silicon Valley documentary 'In Search of the Valley', which was released in September 2006.

nn

In 2002, Steve was made a fellow of the National Endowment for Science, Technology and the Arts. He's also one half of ProtoBake Labs, an 'ideas incubator' he co-founded with Pete Harris.

nn

Disclaimer: Steve owns a small amount of cryptocurrency, and doesn't generally write about crypto currencies. If and when he does, he will always disclose any potential conflict of interest.

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The app’s name says it all: Remove China Apps.

n

Developed by a self-proclaimed “Indian startup” named OneTouch AppLabs, Remove China Apps crossed 1 million downloads within 10 days of launch in May. Its overnight success came amid rising China-Indian tensions over the countries’ disputed border in the Himalayas.

n

Most of the app’s installs are found in India, although analytics data from App Annie shows that it has been gaining momentum in Australia in the last few days, rising to No.5 among Android tools apps.

n

The app is straightforward to use: Click scan and it will either congratulates one on having no Chinese apps or displays a list of those that are determined to be of Chinese origin — like TikTok.

n

India is one of the top overseas destinations for Chinese tech companies. Xiaomi and Oppo have dominated mobile sales there for some time and a significant number of top Android apps in the country are developed by Chinese companies, as my former colleague Jon Russell acutely pointed out. The mood has turned against China as India recently told startups that money raised through Chinese investors would go through additional scrutiny.

n

On Android, Remove China Apps has a near-perfect 4.9 out of 5 stars rating from nearly 180,000 reviews. It claims it can identify an app’s country of origin based on market research, while it does not guarantee the result’s accuracy. It leaves the choice to users to remove the apps it flags, saying it provides the service for non-commercial purposes.

n

Despite its instant popularity, the app’s background is cryptic. The company website is a simple WordPress-based site and Remove China Apps is, in its own word, its first product. This is an underwhelming achievement in contrast to its grandiose statement claiming it has “experience of 8+ years in mobile and web application design, development and management.”

n

It’s also unclear how the developer defines “China apps.” For instance, will apps developed by overseas Chinese sound an alarm? How about a Chinese subsidiary that operates a fully localized team abroad? User tests show that it flags the U.S. video conferencing giant Zoom. Does the fact that its founder Eric Yuan, an American citizen born in China, makes Zoom a “China app”? Meanwhile, it misses some obvious targets, like Chinese apps that come bundled with smartphones.

n

As of the writing, we haven’t heard back from the company regarding the methodologies it uses to spot “China apps.” It does, however, disclose online what information it collects from users, including one’s device model, the language set for the device system, the device manufacturer and app-specific information such as the version code of apps, the version name of apps, and the package name of apps.

n

The app has prompted heated debate among Chinese developers targeting international markets. Baijing, or Beluga Whale, a popular online community for China’s app exporters, wrote (in Chinese) that Remove China Apps is “a form of market disruption” and called on Chinese developers to report the app to Google.

n

Many are wary of rising anti-China sentiment overseas. As the founder of a major app exporter said to me: “I think what happens in India will happen in other countries in the future, so this is a long-term impact that should factor into Chinese developers’ calculation.”

n

There’s perhaps some assurance for Chinese developers. While users of the detection app applaud its mission, a few complain that there are no immediate replacements of certain Chinese apps. One of the top indigenous alternatives recommended by users is Jio Platforms, the well-funded Reliance subsidiary that operates a wide range of mobile apps.

n

https://techcrunch.com/2020/04/18/to-avoid-hostile-takeovers-amid-covid-19-india-mandates-approvals-on-chinese-investments/

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The app’s name says it all: Remove China Apps. Developed by a self-proclaimed “Indian startup” named OneTouch AppLabs, Remove China Apps crossed 1 million downloads within 10 days of launch in May. Its overnight success came amid rising China-Indian tensions over the countries’ disputed border in the Himalayas. Most of the app’s installs are found […]

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