Date
22 February 2018

HKEJ

Hong Kong Economic Journal
  • In 'A.Entrepreneur Adventure Programme', prospective entrepreneurs, either as individuals or as teams, competed in a form of hackathon. Photo: New World Development

    NWD group seeks to identify new talent via entrepreneur program

    - Feb 20, 2018 6:41pm
    New World Development (NWD) has concluded a program that aims to identify entrepreneurial talent that could potentially be put to use in new business initiatives and projects within the group.  “A.Entrepreneur Adventure Programme” was conducted in...
  • Instacart has completed a new funding round as it prepares for increased competition from Amazon in the online grocery services business. Photo: Instacart

    Grocery delivery firm Instacart raises funds amid Amazon battle

    - Feb 14, 2018 2:10pm
    Instacart, a US-based grocery delivery services startup, has raised US$200 million in fresh funds as it seeks to expand its operations and take on e-commerce behemoth Amazon in the fast-growing business segment. The new funding round valued...
  • US President Donald Trump holds a space astronaut toy. The government is said to be planning to privatize the International Space Station. Photo: Reuters

    US plans to privatize International Space Station: report

    - Feb 13, 2018 12:18pm
    The Trump administration wants to have private entities take over operation of the International Space Station (ISS), which costs over US$3 billion a year to run, according to the Washington Post. Citing a document obtained by...
  • Some suggest regulation can help Hong Kong avoid the bike-sharing mess in mainland China. Photo: Reuters

    Bike-share firms don’t need regulation

    - Feb 9, 2018 6:13pm
    One year after the first bike-sharing firm began operations in Hong Kong, several new players have entered the market, igniting a fierce competition in the city. In the meantime, complaints about company practices and improper handling...
  • Urban travel planner app Citymapper has included a new feature on its app that offers fare information on various public transport options for the users. Photo: Citymapper

    Citymapper app adds comparative data on local transport fares

    - Feb 7, 2018 3:21pm
    Urban travel planner app Citymapper has added a new feature to its free app that provides information about fares for various public transport options, including concessionary interchange schemes. Gene Soo, general manager of Citymapper in Hong Kong,...
  • Benny Giang, CryptoKitties' co-founder, hopes to lure more users in the Greater China region following the launch of a mobile version of the game. Photo: Cryptokitties

    CryptoKitties is going mobile with new Chinese cats

    - Feb 6, 2018 12:56pm
    After sweeping the global crypto community, CryptoKitties, an online Pokemon-like game built on the ethereum blockchain, is now going mobile, with the business initiative initially focused on the Greater China and Singapore markets. Benny Giang, the...
  • JD.com founder and CEO Liu Qiangdong said the company is going head to head with Amazon in Europe. Photo: Reuters

    Chinese e-commerce giant JD.com sets its sights on Europe

    - Feb 6, 2018 12:18pm
    China’s online retail giant JD.com is going head to head with Amazon in Europe as early as 2019, and it aims to “be ubiquitous across Europe within a few years”, JD’s founder and chief executive Richard...
  • After tasting success at home, China's Alipay and WeChat Pay are seeking to make inroads into the Hong Kong mobile payment market. Photo: Reuters

    HK fintech startups need partnerships to thrive: Emil Chan

    - Feb 2, 2018 12:20pm
    As dominant operators in China such as Alipay and WeChat Pay gear up to penetrate the lucrative Hong Kong mobile payment market, the scope of mobile payments, as well as fintech industry in general, in the...
  • Social shopping service Goxip has raised funds as it seeks to develop an influencer marketing platform and expand into new markets in Southeast Asia. Photo: Goxip

    Goxip raises US$5 mln in funding round led by Meitu

    - Jan 31, 2018 12:14pm
    Goxip, a Hong Kong-based social shopping service, has raised US$5 million in a Series A funding round led by Chinese beauty-enhancing app developer Meitu (1357.HK), with participation from a fund controlled by Hong Kong property developer...
  • The Pentagon is reported to have ordered a review of security protocols amid concerns that fitness tracking devices were exposing movement patterns at US military facilities. Photos: Strava, Reuters

    Strava app’s ‘Global Heatmap’ sparks US military security review

    - Jan 30, 2018 12:29pm
    The US Defense Department is said to have ordered a review of security protocols amid worries that fitness tracking devices were exposing patterns of movement at military facilities around the world.  The move came after a...
  • Thomas Hui, co-founder of theDesk, a shared-office provider, said co-working space is not a real-estate business but closer to a community business. Photo: theDesk

    Co-work 2.0: Facilitating business organizational restructure

    - Jan 26, 2018 3:53pm
    Co-working space or shared offices have become a popular solution for startups and freelancers. The Hong Kong Economic Journal recently sat down with Thomas Hui, co-founder of theDesk, a shared-office provider seeking to develop an inclusive...
  • Following the departure of a key executive, Facebook CEO Mark Zuckerberg, pictured here during a trip to China in October 2017, appears to have suffered a setback in his efforts to woo Chinese officials. Photo: Facebook

    Facebook’s China whisperer leaves the company

    - Jan 23, 2018 11:06am
    Facebook’s lead liaison with Beijing, Wang-Li Moser, has left the company, complicating the social network’s effort to get a foothold in China’s huge internet market, according to reports. Moser, whose duties included setting up and presiding over negotiations...
  • Fano Labs uses speech recognition and natural languages processing to help out at clients’ call centers. Photo: Bloomberg

    Startup Fano Labs uses AI to understand Chinese dialects

    - Jan 19, 2018 2:23pm
    Horizons Ventures, billionaire Li Ka-shing’s private investment arm, has announced an investment in artificial intelligence (AI) startup Fano Labs, the firm’s first bet on a Hong Kong-based company. Fano Labs chief executive and co-founder Miles Wen recently...
  • AdAsia, a provider of end-to-end solutions in artificial intelligence and marketing, aims to launch an initial public offering by 2019. Photo: AdAsia

    AdAsia launches AI-driven recruitment platform

    - Jan 16, 2018 12:10pm
    AdAsia, a provider of end-to-end solutions in artificial intelligence (AI) and marketing, has launched a new service: TalentMind, an AI-driven human resource technology platform. TalentMind is a software that streamlines and enhances the recruitment and hiring...
  • Lawmaker Michael Tien said banning ride-hailing services is "inappropriate" for a city that wants to ride the smart city trend. Photo: Reuters/HKEJ

    Tien says HK should open market for ride-hailing services

    - Jan 15, 2018 12:55pm
    The Hong Kong smart city blueprint, which was published last month, failed to discuss hot issues such as ride-hailing services. Michael Tien, chairman of the Legislative Council’s transport panel, said that with the MTR system already...
  • An analyst looks at code in a malware lab. Guarding against cyber-threats is becoming more challenging as criminals come up with new hacking tools. Photo: Reuters

    App monitoring, cryptojacking: Cyber-threats to watch out for

    - Jan 12, 2018 1:43pm
    From WannaCry ransomware to malicious malware and data breaches, 2017 saw a new wave of cyber-attacks and hacks. Given all the data exposed around us, security concern comes as no surprise. The Hong Kong Economic Journal...
  • Huawei Technologies, China’s largest telecoms gear maker, ranks No. 20 on IFI’s list of top 50 US patent recipients. Photo: Reuters

    China becomes top 5 US patent recipient for first time

    - Jan 11, 2018 12:32pm
    China has vaulted into the list of the top five recipients of US patents for the first time, after mainland entities saw a ten-fold surge in less than 10 years in the number of patents they...
  • Nvidia is teaming up with Acer, ASUS and HP to introduce big format gaming displays (BFGDs) to offer a smooth gaming and media streaming experience on a giant screen. Photo: Nvidia

    Nvidia to launch new giant screen for gaming

    - Jan 9, 2018 5:08pm
    Nvidia Corp., a US designer of graphics processing units (GPUs), said it will launch a new type of giant screen in cooperation with its hardware partners. The technology company is teaming up with Acer, ASUS and...
  • The logistics and transport sectors received the biggest shares of investment last year. Photo: Bloomberg

    China tech firms raised record US$58 billion in 2017

    - Jan 9, 2018 1:42pm
    China’s startups and tech giants raised an all-time high of US$58.8 billion in disclosed investments last year, topping the 2016 record of US$2.7 billion, Tech in Asia data shows. Chinese ride-sharing giant Didi Chuxing raised the...
  • HKEx chief executive Charles Li has announced proposed changes to the listing rules to attract "new economy" companies. Photo: Reuters

    Dual-class listing plans draw interest from local startups

    - Jan 5, 2018 12:47pm
    Hong Kong Exchanges and Clearing (HKEx) has announced a proposal to allow the listing of “new economy” companies with dual-class share structure, and a revised listing rule for biotech companies with no track record of profitability....

EJI Weekly Newsletter

Please click here to unsubscribe