Date
25 May 2018

startup

  • Can blockchain revolutionize the art market?

    May 25, 2018 3:42pm
    As the art market has grown in scale, it has been confronting the issues of counterfeiting and fraud. Some experts believe blockchain, the framework technology that underpins cryptocurrencies like bitcoin, can bring about a change in...
  • Tencent invests in India-focused news aggregator app NewsDog

    - May 24, 2018 2:23pm
    Chinese internet giant Tencent Holdings has led a funding round for NewsDog, an India-focused news aggregator app which some observers believe has the potential to grow into a scale comparable to China’s hugely popular Toutiao news...
  • Alibaba, SenseTime, HKSTP launch fund for AI development

    - May 23, 2018 6:43pm
    The Alibaba Hong Kong Entrepreneurs Fund, artificial intelligence (AI) startup SenseTime and Hong Kong Science and Technology Parks Corporation (HKSTP) have jointly launched an initiative to step up AI development in Hong Kong. Called HKAI Lab, the...
  • Fintech startup Neat to seek ‘Virtual Bank’ license in HK

    - May 21, 2018 11:20am
    Hong Kong’s financial sector had long been dominated by traditional institutions, but in recent years the city has seen a rising number of fintech startups trying to push their way into the market on the back...
  • Innopage founder on how to valuate an app

    - May 18, 2018 3:13pm
    What is a good way to estimate the value of an app? Well, it’s topic that has stirred much debate and a lot of different viewpoints, as well as raised several related questions. Recently mobile games...
  • Didi adds safety measures after passenger murder

    May 17, 2018 11:46am
    Didi Chuxing, China’s biggest ride-hailing services firm, is rolling out a range of safety measures for its carpooling service Didi Hitch following a murder incident involving a passenger earlier this month. The company said in a...
  • Carousell launches e-wallet for complete in-app transactions

    May 16, 2018 4:57pm
    After receiving fresh capital in its latest funding round, mobile listings startup Carousell is launching a digital wallet that will enable users to complete transactions without leaving the app, co-founder and chief executive Quek Siu Rui revealed...
  • Unisound raises US$100 million to fund AI, chip development

    - May 16, 2018 12:49pm
    Unisound, a Chinese artificial intelligence (AI) solution provider, announced it has raised US$100 million in a series C round of funding. The round was led by China Electronics Health Fund, and participated in by Qihoo 360...
  • SparkLabs launches first startup accelerator security token sale

    May 14, 2018 3:31pm
    SparkLabs Group, a US-Korean firm that runs early-stage accelerator programs in Asia as well as several global venture capital funds, has launched a security token offering, allowing anyone to buy into its accelerator programs. The venture...
  • HKTDC Entrepreneur Day seeks to connect startups and investors

    - May 9, 2018 6:44pm
    The Hong Kong Trade Development Council (HKTDC) will hold an Entrepreneur Day (E-Day) next week. Now on its 10th year, E-Day will be held at the Hong Kong Convention and Exhibition Centre from May 17 to 18....
  • Tencent’s WeDoctor raises US$500 million, links up with AIA

    May 9, 2018 5:45pm
    WeDoctor, the Tencent-backed online healthcare platform, raised US$500 million from investors led by AIA Company Ltd., part of Hong Kong-listed insurer AIA Group (01299.HK), and Hong Kong conglomerate NWS Holdings (00659.HK). The latest financing brings WeDoctor’s...
  • Deliveroo to spend US$13 million on drivers’ medical insurance

    May 8, 2018 6:07pm
    Deliveroo is providing free medical insurance to its food delivery drivers worldwide. The London-based online food delivery startup will offer free medical insurance to its 35,000 drivers in 12 countries and regions, including the United Kingdom, Australia,...
  • HK startup wants to become profitable, first and foremost

    - May 7, 2018 2:54pm
    Today we are overloaded with stories about how startup entrepreneurs secured venture capital and soared to great wealth in a very short span of time. The capital-raising route notwithstanding, a growing number of startups are giving priority...
  • HK startup involved in sapphire film tech raises fresh funds

    - May 4, 2018 5:56pm
    Cathay Photonics, a startup co-founded by a group of engineers and physicists, has completed a US$10 million funding round after it gained recognition for a technical breakthrough that helps make glass or plastic screens, such as those...
  • How Deliveroo developed a taste for restaurant food delivery

    - May 3, 2018 12:07pm
    If you are a Londoner, don’t be surprised if you get to meet the boss of Deliveroo in person – as a delivery driver for food take-outs. Will Shu, co-founder and CEO of the British online...
  • Why remittance startup Bitspark abandoned bitcoin

    - May 2, 2018 4:37pm
    Established in 2014 in Hong Kong, Bitspark is known as a bitcoin remittance firm that uses the blockchain technology for end-to-end, cross-border payment services in the Asia-Pacific region, including Hong Kong, the Philippines, Indonesia and Australia....
  • DP World, Virgin Hyperloop launch speedy cargo delivery service

    Apr 30, 2018 1:14pm
    Global trade and supply chain logistics providers DP World and Virgin Hyperloop One are introducing an on-demand delivery service. Called DP World Cargospeed, the service is “an international brand for hyperloop-enabled cargo systems”, Hyperloop One chief executive Rob...
  • How govt can boost startup ecosystem (other than by splurging)

    - Apr 27, 2018 5:32pm
    Amid the startup boom, governments around the world are thinking of ways to boost innovation and technology in their respective territories. In Hong Kong, the government has allocated HK$50 billion for the purpose. The Hong Kong Economic...
  • WeWork ramping up presence in Southeast Asia

    Apr 26, 2018 11:52am
    WeWork, a US provider of shared workspaces, is pursuing plans to expand in Southeast Asia. The New York-based startup aims to establish its presence in Indonesia, Thailand, Malaysia, and the Philippines this year, TechCrunch reports. “We’re definitely...
  • HKSTP delegation bags 15 awards at top invention show

    - Apr 24, 2018 5:55pm
    A dozen partner companies and “incubatees” of Hong Kong Science and Technology Parks Corporation (HKSTP) brought home 15 awards from this year’s International Exhibition of Inventions of Geneva, the world’s most prestigious innovation show. The awards include...

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