20 January 2019


Hong Kong Economic Journal
  • TravoAsia, led by its founder and CEO Stephen Leung, allows users to book home-dining experiences in different cities, offering a chance for locals and travelers to dine with other food lovers. Photo: HKEJ

    How a startup connects local home chefs with travelers

    - Sep 12, 2018 5:26pm
    TravoAsia, a Hong Kong-based startup that is less than a year old, aims to connect people who love cooking and hosting dinners with people who love eating authentic at-home dinners. Founded by an entrepreneur named Stephen...
  • OneDegree, a startup co-founded by a former JPMorgan banker, has raised funds for an online pet insurance operation. Photo: Reuters

    HK startup to offer pet insurance online

    - Sep 12, 2018 9:05am
    OneDegree, a Hong Kong-based online insurance startup, said it has closed a Series A funding round, led by major insurers and technology firms. Under the arrangement, OneDegree will initially get HK$100 million in funds, followed by...
  • Startups dream of billion-dollar valuations, but only a tiny fraction actually manage to reach the so-called unicorn goalpost, a study has shown. Photo: Reuters

    Unicorn probability of VC startups at about 1%: study

    - Sep 11, 2018 11:45am
    As startups proliferate in the tech world and shoot for the so-called unicorn status, the probability of such entities actually achieving the vaunted US$1 billion-plus valuations only stands at about 1 percent, according to CB Insights, a...
  • Stamplet founders Nav Singh (left) and Simran Kaur said shopping receipts offer a wealth of consumer information that can be of great value to companies and marketeers. Photo: HKEJ

    HK startup Stamplet turns receipts into customer rewards

    - Sep 10, 2018 2:52pm
    A Hong Kong startup aims to turn “worthless” shopping receipts into points for customer rewards. Stamplet, founded Indian couple Nav Singh and Simran Kaur, offers shopping coupons to users who send in pictures of their receipts. “We...
  • 9GAG's Co-founder and Chief Executive Ray Chan (L) and Manner's Founder and CEO Luk Chi-ho. The entrepreneurs have been looking to expand their business beyond social  content creation in a bid to diversify the revenue channels.  Photo: HKEJ

    How two social content startups are seeking to expand

    - Sep 7, 2018 3:16pm
    In recent years, many digital media startups found success by offering amusing and viral content via social media platforms. Keeping their finger on the pulse of the online world, some of them have been looking to...
  • Spread-it's founder duo Ng Si-wa (L) and Li Wing-yin. The startup runs a platform matching brands with micro-influencers for marketing campaigns. Photo: HKEJ

    How a HK startup matches brands with ‘micro-influencers’

    - Sep 6, 2018 12:21pm
    In the digital age, brands have begun devoting more time and resources to marketing pitches with help from “influencers”, people who can reach large audiences, in particular through social media platforms, to deliver subtle and not-so-subtle...
  • Caroline Ada (R), Country Manager of Visa Hong Kong and Macau, feels Hong Kong is ripe for a major overhaul in payments, particularly in transport. Photo: HKEJ

    Contactless payments can help optimize HK public transit system

    - Sep 6, 2018 8:33am
    Many people travel to explore new places, people and experiences – but likely not to navigate for ways to purchase transit tickets at foreign destinations, often in languages they vaguely understand. Getting around at a destination...
  • Sam Ngan, co-founder of MemePR. The startup offers marketing solutions to enterprises through its AI-powered chatbot MemeBot. Photo: HKEJ

    MemeBot offers AI-powered marketing solutions

    - Sep 5, 2018 5:00pm
    Companies in various sectors are now increasing their investment in new technologies and deploying them in their business to gain a competitive advantage. Founded by Sam Ngan and Echo Chang in 2016, MemePR employs artificial intelligence (AI)...
  • Panda Visa, through its app-based platform, aims to help users submit travel visa applications without them having to go to embassies or consulates in person. Photo: Panda Visa

    Panda Visa raises US$8.7 mln in series B funding

    - Sep 4, 2018 3:35pm
    Panda Visa, a Chinese firm that helps users complete travel visa application procedures through a mobile application, is said to have raised 60 million yuan (US$8.7 million) in a Series B funding round. According to Chinese...
  • Hong Kong IT sector lawmaker Charles Mok (R), along with Civic Party leader Alvin Yeung (center), traveled to Silicon Valley recently to meet up with tech firms, startups and city officials there. Photo: Charles Mok

    HK lawmaker urges Silicon Valley linkages to boost startups

    - Aug 31, 2018 2:04pm
    Hong Kong authorities hope the city could be turned into an Asian Silicon Valley, as they step up spending on tech-related facilities and launch various programs to boost innovation and support a startup culture. But how...
  • With AI technology, automated transcription services will be available for video and audio files in Microsoft's OneDrive and SharePoint. Photo: Microsoft

    Microsoft 365 OneDrive to add video transcription

    - Aug 30, 2018 2:06pm
    Microsoft is introducing media searching in OneDrive and SharePoint that uses artificial intelligence (AI) technology to transcribe audio and video. Microsoft 365 customers will soon have access to a number of AI-enabled features, making it easier...
  • HyperAir, founded by Lee Ka-to (left) and Leung Jock-hei, aims to save users lots of time from checking rates and queuing at the shop for foreign exchange transactions. Photo: HKEJ

    HK startup offers best rates, least hassle for travel money

    - Aug 29, 2018 3:20pm
    For Hongkongers who are traveling abroad or foreigners visiting Hong Kong, the best foreign exchange rates could be found by using a mobile app. Local technology startup HyperAir provides a “travel money search engine” that enables...
  • Through the automatic warehouse solution, the storage racks with lockers will be picked up by the Autonomous Mobile Robot to and from the front station when users need to pick up or place their goods in the lockers. Photo: HKSTP

    RobEx Centre: Hong Kong’s first fully automated smart warehouse

    - Aug 28, 2018 11:56am
    One emerging trend in the market is the deployment of new technologies such as robots and the Internet of Things in supply chain management. Hong Kong Science and Technology Parks Corporation (HKSTP) and RV Automation, a partner...
  • Lucas Kwan, founder of smart electric vehicle charging platform OneCHARGE, plans to install more chargers in shopping malls and other buildings in Hong Kong. Photo: HKEJ

    OneCHARGE aims to help boost HK’s EV-related infrastructure

    - Aug 27, 2018 1:43pm
    OneCHARGE Solutions, a Hong Kong-based startup founded in 2017, is gaining traction as it offers electric vehicle (EV) chargers along with a mobile application (app), allowing its customers to access the real-time charger status. Established by Lucas...
  • Ho Hoi-ming said his Scholars Health app connects users with Chinese medicine practitioners for healthcare and medical services. Photo: HKEJ

    Scholars Health app offers Chinese medicine services

    - Aug 24, 2018 4:05pm
    Mobile internet technology has given rise to online matching platforms such as Uber and Airbnb. Riding on the trend, a local startup has launched a mobile application that allows users to connect with Chinese medicine practitioners...
  • There are currently about 100,000 toys available for rent on the ToySuperman platform, with their models updated monthly. Photo: ToySuperman

    Toy rental site ToySuperman raises 30 mln yuan in funding round

    - Aug 24, 2018 9:23am
    Beijing-based toy rental platform ToySuperman has raised 30 million yuan (US$4.36 million) in a series A funding round, led by Engage Capital. Roots Capital is another investor. Founded in 2016, ToySuperman is a website where parents...
  • Leroy Yau, co-founder of Taiwan Startup Stadium, said the startup cluster acts as a hub for early-stage tech companies, offering programs such as bootcamps, workshops and pre-conference training. Photo: TSS

    TSS is taking Taiwanese startups to global stage

    - Aug 23, 2018 1:34pm
    Taiwan’s startup ecosystem has entered a boom cycle, with a growing number of companies getting funded and joining incubators. Known for its advanced manufacturing sector, Taiwan is looking to become a major player in the startup game....
  • Swedish startup Karma allows restaurants, cafés, and grocery stores to sell their surplus food to consumers at reduced prices. Photo: Karma

    Waste not: Swedish app allows retailers to sell surplus food

    - Aug 22, 2018 6:27pm
    Around 1.3 billion tons of food produced around the world for human consumption is lost or wasted every year, according to the United Nations’ Food and Agriculture Organization. Such losses amount to approximately US$680 billion for industrialized...
  • UISEE's chief eco-innovation chief Wei Qiu expects self-driving technology will be deployed in large-scale commercial services first before it is used for public transportation. Photo: HKEJ, UISEE

    China’s UISEE takes different tack to speed up autonomous cars

    - Aug 22, 2018 2:29pm
    Amid the race to bring driverless cars to the public, Beijing-based “unicorn” UISEE has suggested a faster approach to commercialize autonomous vehicles. At the recent 2018 Forbes China Innovation Summit in Chengdu, UISEE’s chief eco-innovation chief...
  • In terms of unicorn exits by geography, the United States has seen the most such initiatives this year, as of mid-August, followed by China. Photo: Bloomberg

    Global unicorn IPOs hit new high: report

    - Aug 21, 2018 7:02pm
    Initial public offerings (IPOs) by unicorns, or venture-backed startups whose valuations had topped US$1 billion in the private market, are on track to hit a new high this year.  According to Crunchbase data, there had been...

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