capital managing partner jenny lee, speaking to tom mackenzie.ing up, you can now get discounts of whole foods,. this is bloomberg. ♪ what's a gig of data? well, it's a whole day's worth of love songs. 300 minutes of baby videos. or, it's a million chat messages. a gig goes a long way. that's why xfinity mobile lets you pay for data one gig at a time. and with millions of wifi hotspots included, you'll pay less for data. it's a new kind of network designed to save you money. click, call or visit a store today. >> this is "bloomberg technology." i am emily chang in san francisco. amazon prime members when i get 10% off at whole foods nationwide. amazon's expansion of whole foods grocery delivery and five new cities and apartment delivery highlights management , focus is -- focusing on online shopping pain points. phone is our the luke capital analyst, anthony, here with me in san francisco, along with our bloomberg executive editor. anthony, why raise the target? ony: amazon continues to eliminate the pain points for online shopping. the more peop

one of the driving forces behind the company's success is jenny lee. with our series to explain where she sees the most growth. is consumer for us buying habits. strategymerce upgrade likeis includes companies alibaba. actuallyre seeing is off-line, so the off-line companies are leveraging data to in try to serve them better terms of what they are shopping and buying off-line. that is a big piece for us. the second area of growth for us is around social. if you think about in the u.s. you can only find a facebook every 10 years. a china, you can always find facebook like model every three to four years. the key is content and feature segmentnd a different of users. we invested in a company that is the number one. we have another investment in the company that only targets generations the -- generation z. theou think some of examples can be growth over? we are not seen many success stories of chinese social tech migrating successfully. based --ese company based in shanghai launched four the companyecently, was acquired. chinese -- seen they are going to

one of the driving forces behind ggv's success is because of jenny lee. top woman on the list and sat down with bloomberg's tom mackenzie and shanghai as part of our venture china series to explain where he sees the most growth coming in the chinese tech sector. jenny: our focus is around the evolution of buying habits we call it our e-commerce upgrade strategy. we have investors and companies like alibaba. we are seeing new innovation happening in offline construction. so, the online companies are leveraging data that has been collected from consumers to serve them better, not just online through e-commerce, but off-line in terms of what they are shopping and buying off-line. this is happening in formats like convenience stores, so that is a big piece for us. integratedommerce, into off-line. the second area of growth for us is always around social. it,if you think about before, we like to say if you find a facebook every 10 years, you are great, but you can only find a facebook every 10 years, right? but in china you can always find , a facebook like th

capital'sat was ggv jenny lee speaking to tom mackenzie in shanghai.unction, tv go. you can look over past interviews like the one we just did with jenny lee. this is for bloomberg subscribers only, make sure to check it out. at tv . this is bloomberg. ♪ ♪ is "daybreaks asia," i am kathleen hays in new york. yvonne: and this is what is coming up next on bloomberg, .hat as bring in rishaad thi rishaad: this company is able to identify your face and can do vehicle license plate recognition. we have an interview from the mobile congress in china with the cofounder, steve will be doing that. also, we will be looking at where we are with trade. our guest will be along to give us his take on this and put everything into perspective. just over half an hour to go before we get into the all-important china profit key.rs, with jobs being we are looking at 21.9% growth in the previous month, industrials intel nominal gdp growth, they will give us an idea of where economy is headed, and margaret young will be joining us. lots to lookhleen: forward to as always

was a jenny lee, speaking to bloomberg in our venture china series.g up, we hear from hoover's chief legal officer on what it is like to have one of the most challenging jobs in silicon valley. and we are live streaming on twitter, check us out on tictoc. this is bloomberg. ♪ retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. granted over a 15 month license to operate in london after some changes. it came tuesday after 1.5 days of argument in which lawyers insisted that they had completely overhauled its culture, passenger safety policies, and reset their relationship with the regulator. bloomberg, up with the details. they have got 15 months to keep making good on the product

haidi: that was jenny lee speaking to our very own tom mackenzie in shanghai.ring back no doubt we are in the midst of a chinese ipo bonanza right now. we're watching the likes of -- about two thirds of them have come in below the issue price, about 20% below on average as of the end of last week. are we seeing a situation where by way shinzo just too stretched? david: i think the potential of jennyinese market that lee was just talking about is so vast, it's understandable that people would want to give big valuations to these companies. a time ofwe are in uncertainty on what's going to happen with the chinese text sector, partly because of the disputes with the u.s. i'm very bullish long-term about chinese tech, despite whatever we might say about the u.s.-china tech dispute. it is interesting what the ,revious speaker talked about in general, china has failed on the social front. china has this gigantic social company on by tencent which is really not penetrated in western markets at all. it's had some good success in markets in the developing world, but in