Date
16 October 2018

HKEJ

Hong Kong Economic Journal
  • Handy lah's co-founders Cheung Chung-yeung (left) and Tsang Hin-tat aim to make purchasing decisions easier for local homemakers. Photo: HKEJ

    Price watch app helps homemakers decide which to buy

    - Aug 13, 2018 12:33pm
    Hong Kong-based startup Handy lah has launched an app that provides up-to-date information on prices of various grocery items.  In an interview with the Hong Kong Economic Journal, the company’s co-founders, Cheung Chung-yeung and Tsang Hin-tat, said their...
  • Belun CEO Lydia Leung said the company has received practical support from the HKSTP in the development and marketing of Belun Ring. Photo: Belun, HKEJ

    Belun brings AI to wearable healthcare devices

    - Aug 10, 2018 4:35pm
    Wearable devices such as fitness trackers and smartwatches are gaining popularity in the global market. Hong Kong startup Belun Technology has developed the Belun Ring, a medical-grade wearable device that is certified by the US Food...
  • Lap Man, co-founder of Hong Kong-based fund Beyond Ventures, aims to help local startups grow and extend their business networks throughout China and around the world.  Photo: HKEJ

    Why Beyond Ventures’ Lap Man won’t invest in ICO projects

    - Aug 10, 2018 1:44pm
    Lap Man, the founder and chief executive of DYXnet Group, has been described as a telecommunications veteran, serial entrepreneur, and investor extraordinaire. But in recent years, he has become more widely known as a venture capitalist...
  • Klook will focus on global business development following its series D funding round, says co-founder and COO Eric Gnock Fah. Photo: HKEJ

    Klook raises US$200 mln in new funds for global business devt

    - Aug 10, 2018 10:32am
    Klook, a Hong Kong-based booking platform for in-destination services, has completed a US$200 million (around HK$1.57 billion) series D funding round as it prepares to expand its business. The latest funding was led by Sequoia Capital...
  • Hong Kong was the first choice for Surkus' Asia business expansion, CEO Stephen George says. Photo: HKEJ

    Event matching platform Surkus sees HK as 1st stop in Asia foray

    - Aug 9, 2018 11:56am
    Los Angeles-based event technology startup Surkus has targeted Hong Kong as its starting point for overseas business expansion. Founded in 2015, the US firm completed a US$10 million series B round of funding in May. The...
  • Venture capital investment in companies based in the Boston metro area has reached US$5.19 billion so far this year. Photo: Bloomberg

    July sees record 55 giant VC deals worth over US$15 billion

    - Aug 8, 2018 11:56am
    A total of 55 “supergiant” venture deals raised more than US$15 billion in July, setting what is likely an all-time record high or at least the highest number of big financing deals in a single month over the past...
  • Ayden Ye and two schoolmates established VeeR VR, a virtual reality content sharing platform, in 2016. It now has more than 20 million users worldwide. Photo: HKEJ

    Former Silicon Valley executives build VR version of YouTube

    - Aug 7, 2018 11:42am
    Seeing the great potentials of virtual reality (VR) in the digital era, a young man gave up his lucrative venture capital job in Silicon Valley and returned to China to establish a VR content sharing platform in...
  • Invented by Im's Laboratory, the submersible vehicle Dolphin features a front camera and wireless connection technology for underwater shooting and image transmission. Photo: Internet

    Im’s Lab to keep working on underwater robotics technology

    - Aug 3, 2018 12:52pm
    The difficult operation to save 12 boys and their football coach from a flooded Thailand cave last month had captivated people from around the world. As the effort was underway, US tech billionaire Elon Musk sent...
  • Chan Chi-ming, a former government engineer who served the city for more than three decades, will oversee the construction and operations of the HK-Shenzhen tech park. Photo: HK Govt

    Chan Chi-ming becomes CEO of HK-Shenzhen tech park

    - Aug 2, 2018 6:44pm
    Chan Chi-ming, a former deputy secretary of the Development Bureau, has become the chief executive of the Hong Kong-Shenzhen Innovation and Technology Park (HSITP). Chan’s appointment took effect on August 1, according to an announcement this week. During...
  • Dr. Vincent Chow, En-trak founder and CEO, said the funding was led by Alibaba Entrepreneurs Fund and CLP Innovation Ventures Limited. Photo: En-trak

    En-trak completes pre-series A funding to boost sales teams

    - Aug 2, 2018 4:53pm
    En-trak, a Hong Kong-based smart building solutions company, has completed a pre-series A round of financing led by Alibaba Entrepreneurs Fund and CLP Innovation Ventures Limited. The investment, the amount of which was not disclosed, will be used...
  • McDonald’s is distributing more than 6.2 million MacCoins in participating McDonald's restaurants worldwide starting Thursday. Photo: Internet

    McDonald’s issues MacCoins to mark Big Mac’s 50th anniversary

    - Aug 2, 2018 10:23am
    McDonald’s is distributing more than 6.2 million tokens called MacCoins in participating outlets of the fast-food chain around the world starting today. Customers who buy a Big Mac will receive a MacCoin, which is “a limited edition global currency backed...
  • The cryptocurrency world saw another hack, with fraudsters reportedly stealing millions in virtual assets through ‘SIM jacking’. Photo: Reuters

    Student arrested in US for US$5 mln crypto theft via SIM jacking

    - Aug 1, 2018 12:09pm
    California police have arrested a college student who is suspected to have stolen US$5 million in bitcoin and other cryptocurrencies through a hacking technique known as ‘SIM jacking’. Tech news website Motherboard reported, citing court documents...
  • Angel investors focused on tech startups need to be well-acquainted with new technologies and emerging businesses, says Steve Lau. Photo: HKEJ

    Telecoms entrepreneur Steve Lau eyes blockchain opportunity

    - Jul 31, 2018 12:12pm
    Steve Lau, a telecoms entrepreneur and angel investor in China who founded the Eagles Fund in 2012, is looking to seize opportunities in blockchain-related ventures for his tech-focused fund. Lau told the Hong Kong Economic Journal...
  • The boom in the flexible co-working space business is bringing in new trends in workplaces worldwide. Photo: CGTN

    What is the next generation of co-working space?

    - Jul 27, 2018 1:42pm
    In crowded Hong Kong, the co-working space industry has reached a critical mass, bringing in new trends to the business of providing affordable and flexible office spaces in the city. The Hong Kong Economic Journal recently...
  • The cell-sized, self-powered robot, measuring about 100 micrometers in diameter, can be suspended indefinitely in a liquid or in the air. Photo: MIT News

    MIT builds tiny robots to monitor environment, diagnose patients

    - Jul 25, 2018 6:24pm
    Researchers at the Massachusetts Institute of Technology (MIT) have developed robots the size of a human egg cell that can gather environmental data, store the information in a memory bank and undertake computational tasks, the Hong Kong Economic...
  • UK’s new telecoms blueprint aims to ensure that people and businesses in the country get the broadband and mobile they need for the 21st Century. Photo: Reuters

    UK unveils plan to take full-fiber broadband to every home

    - Jul 25, 2018 11:41am
    The United Kingdom has unveiled a long-term digital connectivity strategy that envisages, among other things, full-fiber broadband in every home in the country by 2033. According to a document released this week, British government will ensure that...
  • Jason Gargac has been live-streaming his passengers in St. Louis, Missouri without their knowledge since March this year. Photo: Internet

    Uber driver live-streams hundreds of passengers on social media

    - Jul 24, 2018 6:45pm
    An American driver for ride-hailing apps Uber and Lyft was found to have been live-streaming his passengers on a social media platform without their knowledge. Jason Gargac, 32, had given some 700 rides in the St....
  • SoftBank Group chief executive Masayoshi Son, who established Vision Fund in 2016, is disrupting the global tech and venture capital environment. Photo: Reuters

    Crunchbase sees new records for global VC deals in 2nd quarter

    - Jul 24, 2018 12:11pm
    With the rise of unicorns (i.e., companies with private valuations of at least US$1 billion), startups are sucking up more investor money than ever before. Based on projections from startup database Crunchbase, the second quarter of 2018...
  • Simplify Technology co-founders Tsang Ming-hei (right) and Li Cheuk-man explain the features of "Treasury", a smart drug box that helps people to avoid incidents of sending or taking the wrong medicine. Photo: HKEJ

    Simplify Technology offers ‘Treasure’ for elderly

    - Jul 23, 2018 5:18pm
    Hong Kong is coping with an ageing population. By 2041, almost one in three people in the city will be aged 65 or above, up from just 16 percent last year, showing the urgent need to...
  • Ray Chan, co-founder and chief executive of 9GAG, a popular online forum run out of Hong Kong, believes that the media sector is now experiencing a Golden Age. Photo: Bloomberg

    9GAG’s Ray Chan on how to thrive in global competition

    - Jul 20, 2018 1:01pm
    Founded in 2008, Hong Kong-based 9GAG has established itself as a place where one can find amusing and viral content in Asia, and even worldwide. The Hong Kong Economic Journal recently invited Ray Chan, co-founder and chief executive of...

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