Date
22 January 2019

startup

  • Applying AI to personal styling service

    - Apr 12, 2018 9:39am
    Decades ago, when the internet was still in its infancy, experts predicted that one-on-one marketing would soon become a reality, and consumers would just sit at home and wait for the products they ordered to be...
  • SenseTime raises US$600 million in Alibaba-led funding round

    Apr 9, 2018 5:25pm
    Chinese artificial intelligence (AI) startup SenseTime Group says it has raised US$600 million in its Series C round of funding, which is led by Chinese e-commerce giant Alibaba. Singapore state investment firm Temasek and Suning, China’s...
  • HK-based LikeCoin uses token to reward online content creators

    Apr 9, 2018 3:10pm
    It’s tough to be an online content creator. One has to deal with various challenges such as making income sustainable and fighting plagiarism. Internet entrepreneur Kin Ko, who founded game developer Lakoo in 1999 with the backing...
  • Grab boss reveals next target after Uber deal

    Apr 4, 2018 5:57pm
    A week after Singapore-based ride-hailing firm Grab Inc. announced it was acquiring its rival Uber Technology’s business in Southeast Asia, Grab co-founder and CEO Anthony Tan revealed to CNBC his next target in the region. “It...
  • Nomura to invest US$25 billion in HK-based fintech startup

    - Apr 4, 2018 1:34pm
    Japan’s investment banking giant Nomura said it will invest about US$25 million in Tokyo-based 8 Securities and its Hong Kong parent company 8 Limited, which offers a financial advisor and wealth management app powered by artificial...
  • TNG Wallet targets expansion to UK

    - Apr 4, 2018 1:21pm
    Held in Hong Kong in late March, the GREAT Festival of Innovation offered a series of keynotes and masterclasses involving industry leaders, entrepreneurs, and futurologists from the United Kingdom, Hong Kong, mainland China and elsewhere in...
  • Shyp, ‘the Uber for shipping’, is packing up

    - Apr 3, 2018 1:24pm
    On-demand shipping startup Shyp is closing all of its operations. In a blog post, Kevin Gibbon, the company’s chief executive and co-founder, admitted that he had devised a “wrong strategy” and had been guilty of not...
  • HK startup Platysens makes waves with swim analyzer tool

    - Mar 26, 2018 1:56pm
    Hong Kong, which had for long relied on traditional or low-tech businesses to develop as a trading and finance hub, has in recent years seen the emergence of a slew of tech startups thanks to the internet...
  • Lalamove co-founder on the lessons from expanding overseas

    - Mar 23, 2018 3:51pm
    Founded in 2013 as EasyVan in Hong Kong, Lalamove has become a leading same-day delivery and logistics services provider with its business expanding to Mainland China and Southeast Asia. The Hong Kong Economic Journal recently sat...
  • Japan to push space startup development with US$940 mln fund

    - Mar 23, 2018 1:00pm
    The Japanese government announced on Tuesday that it will promote space-related startups in the country by offering them monetary assistance via a 100 billion yen (around US$940 million) fund. The financial aid to the startups will...
  • Will unicorns wait for Hong Kong to make up its mind?

    - Mar 22, 2018 11:54am
    More new-economy firms are following the big players that have succeeded in listing with dual-class share structure. It behooves Hong Kong to introduce weighted voting rights in order to lure more high-tech firms. I spent nine years...
  • Peter Yan named new CEO of Cyberport

    - Mar 20, 2018 6:33pm
    Hong Kong Cyberport Management Co, which plays a key role in promoting the development of technology enterprises and startups in the city, has appointed Peter Yan King-shun as its new chief executive. Yan will take the reins...
  • Village Global raises US$100 mln with top tech tycoon backing

    - Mar 20, 2018 11:23am
    Village Global, an early-stage venture capital firm based in the US, has raised US$100 million for its seed fund, securing the backing of some of the world’s best entrepreneurs, including Facebook founder Mark Zuckerberg, Amazon’s Jeff...
  • We should all learn design thinking

    - Mar 19, 2018 11:05am
    If you ask people what a design is, many might think of trendy products or something that one does for a profession. Many also underestimate its value. International design firm Ideo and Stanford University are pioneers...
  • Klook co-founder reveals challenges of starting travel business

    - Mar 16, 2018 4:55pm
    Klook, Asia’s largest travel activity booking platform based in Hong Kong, offers up-to-date information on preferential rates and access to tourist attractions and services in major cities in the region. Since it was founded in 2014,...
  • ‘China’s Airbnb’ partners with Agoda to tap overseas markets

    - Mar 15, 2018 5:10pm
    Xiaozhu, regarded as China’s answer to Airbnb, is ramping up efforts to expand overseas in a bid to cash in on the travel boom. The country’s leading home-sharing startup announced it has entered into a global partnership...
  • Bike-sharing startup Ofo raises US$866 mln in new financing

    - Mar 15, 2018 10:51am
    Chinese bike-sharing startup Ofo announced on Tuesday that it has raised US$866 million in a so-called E2-1 round, setting another new financing record in the bike-sharing industry. The latest funding round, which includes equity and debt...
  • HK fintech needs a combination of efforts: WeLab founder

    - Mar 9, 2018 3:05pm
    Hong Kong is widely seen as lagging far behind rivals such as Shenzhen and Singapore when it comes to fintech development. But that may be about to change, as local authorities step up efforts to boost...
  • Singapore-based Electrify raises US$30 mln in ICO

    - Mar 8, 2018 6:17pm
    Singapore-based startup Electrify has raised US$30 million through an initial coin offering (ICO) as it seeks to expand its retail electricity marketplace business. The company, using blockchain technology, built a marketplace of retail electricity information, which...
  • WeWork pursues shopping spree, buys marketing startup Conductor

    Mar 8, 2018 3:07pm
    Shared workspace giant WeWork announced it is acquiring a digital marketing startup, Conductor, its fifth known acquisition in the past seven months, tech news website Recode reports. Conductor is a digital marketing and advertising startup. Its main...

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