Date
18 October 2017

startup

  • Facebook acquires teen messaging app tbh

    - Oct 18, 2017 12:38pm
    Teens aren’t using Facebook like they used to, and Facebook knows that. So the social network giant has decided to acquire a company that is popular among teens, the positivity-focused polling startup tbh. Facebook will allow it...
  • ICOs giving venture capital firms a run for their money

    - Oct 17, 2017 10:00am
    Numerous startups worldwide have rushed to the initial coin offering (ICO) market to raise funds, and this trend may disrupt the long-time reliance on traditional venture capital, according to Heatherm Huang, founder of MailTime. ICO is...
  • Which emerging technology excites Tim Cook the most?

    - Oct 16, 2017 3:35pm
    If you are an entrepreneur and you have a VC (venture capital) company steering you toward a quick exit to a tech giant like Apple or Google, “you should get up and walk out of the...
  • Wireless charging: What are the risks?

    - Oct 16, 2017 10:12am
    Wireless charging is becoming a popular buzzword in the market, especially now that Apple has added it to its new iPhones, but what is it? To discuss issues related to this technology and the impact of...
  • Tax cut offers incentive to embrace a ‘slash’ career

    - Oct 13, 2017 4:33pm
    The tax breaks unveiled by Chief Executive Carrie Lam in her maiden policy address is great news for those who have embraced a slash career. Under the new tax plan, local companies will soon pay tax...
  • Israeli startup uses AI to predict risks at industrial plants

    Oct 13, 2017 10:14am
    There has been much discussion on how artificial intelligence (AI) can help create a better world. Among the various startups that are involved in such technologies is Israel-based Precognize, which is applying its knowhow to detect...
  • Startups: How HK and Shenzhen can complement each other

    - Oct 13, 2017 9:59am
    China has been at the forefront of the internet economy in recent years. Many tend to compare Hong Kong with its neighbor Shenzhen. Some believe the two cities are competing with each other, while others said...
  • Tujia expands in Japan as rivalry with Airbnb heats up

    Oct 12, 2017 3:15pm
    Tujia.com, a Chinese online vacation rental startup, plans to boost its presence in Japan to take advantage of the 2020 Tokyo Summer Olympics. Tomoko Suzuki, chief executive of Tujia’s Japanese unit, said the company also sees...
  • Fundraising amount of US startups hits record in third quarter

    - Oct 11, 2017 4:47pm
    Startups in the United States recorded 225 deals of late-stage funding in the third quarter, the busiest period during the past year, the Hong Kong Economic Journal reports. The dollar amount came to US$21.75 billion, a...
  • Logistics startup Lalamove raises another US$100 mln

    - Oct 11, 2017 4:34pm
    Local logistics startup Lalamove said it has completed US$100 million worth of Series C funding, led by China’s ShunWei Capital, a venture capital firm co-founded by Xiaomi chief executive Lei Jun, who reportedly regards Lalamove as...
  • From pizza to salad: Robots are ready to make your next meal

    - Oct 10, 2017 3:36pm
    The rapid progress in computing power and technology is transforming the way all businesses work. Jobs that involve repetitive actions are most at risk of being “automated” and replaced. Just recently, fast food chain Domino’s Pizza...
  • Navigating the startup scene in China

    - Oct 6, 2017 10:19am
    Startups have been blossoming in mainland China in recent years. Among the various realms of startup businesses, those pertaining to shared economy and artificial intelligence have seen the fastest growth. Mobile payments, meanwhile, is one area...
  • Hong Kong children learn to code in schools

    - Oct 4, 2017 3:15pm
    The Education Bureau has been promoting STEM (science, technology, engineering and mathematics), causing more parents to become aware of the importance of such subjects. During the summer break, HKT Education under the PCCW Group, partnered with...
  • HK off to a slow start in technology development, says Yang

    - Oct 3, 2017 4:18pm
    Secretary for Innovation and Technology Nicholas Yang Wei-hsiung said Hong Kong started off later than its rivals in the innovation industry. However, he said Hong Kong could catch up with its peers, hk01.com reports. Yang made the...
  • Women-led startups on the rise in Hong Kong

    - Oct 3, 2017 3:08pm
    While the rise of the “She Economy” in China has boosted the country’s consumer market, women are also playing a significant role in the startup sector in Hong Kong and the mainland. Women-targeted platforms that provide assistance...
  • Six Hong Kong startups get 10 mln yuan investment from Alibaba

    - Sep 28, 2017 2:33pm
    Six companies have been chosen to receive a combined 10 million yuan in investments from the Alibaba Hong Kong Entrepreneurs Fund. These are Gobee.bike, CompareAsiaGroup, Origami Labs, Prenetics, Aqumon and Qupital. The announcement was made Thursday by...
  • Smart money or dumb money?

    - Sep 27, 2017 5:31pm
    What is “Smart Money”? By definition, it refers to sophisticated investors who have a comprehensive observation and understanding of the financial markets, those who often spot and foresee trends before others could, those who act with...
  • Jia Yueting said to be selling stake in LeSports to repay debt

    - Sep 21, 2017 4:21pm
    Struggling to tackle mounting debt, Jia Yueting, founder of the Chinese tech group LeEco, is selling most of his stake in the group’s LeSports unit to a new consortium, as Tencent Finance reports. Jia current holds...
  • How a co-working space firm supports female entrepreneurs

    - Sep 19, 2017 11:16am
    Co-working spaces are becoming increasingly popular in many parts of the world, including Asia. In Hong Kong, the co-working market has taken off in a significant way, with experts enthused about the industry’s prospects.  Among the...
  • Alibaba’s Hema supermarket offers ‘New Retail’ experience

    - Sep 18, 2017 3:28pm
    Ever wanted to buy fresh food from the supermarket and have it delivered to your home using an app? Customers of e-commerce giant Alibaba’s Hema supermarket can do so and have live seafood and fresh vegetables...

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