Date
20 July 2018

startup

  • China data intelligence firm TalkingData eyes HK expansion

    - Jun 19, 2018 5:46pm
    Driven by Chinese President Xi Jinping’s call for the enhanced development of the big data industry, China has seen a boom of startups with big data and analytics as their platforms. Beijing-based TalkingData, a leading third-party...
  • Superhero movie inspires Oxford man to enter medical robotics

    - Jun 19, 2018 4:38pm
    Iron Man, the blockbuster Hollywood superhero movie, was what prompted a doctoral candidate in biomedical engineering from the University of Oxford to venture into robotics and the startup world. “I find it very cool to see...
  • E-sports will throw up lot of opportunities, says expert

    - Jun 15, 2018 3:18pm
    E-sports has a rather short history in Hong Kong, but the city has set aside HK$50 million to pursue initiatives aimed at making the place an e-sports hub in the region. Plans include hosting professional gaming...
  • Elon Musk’s Boring wins Chicago Airport express train bid

    Jun 14, 2018 6:23pm
    Tech titan Elon Musk’s The Boring Company won the competition to build a high-speed express train connecting downtown Chicago to the O’Hare International Airport, giving the 18-month-old startup a big boost in legitimacy, Bloomberg reports. Musk’s solution...
  • Cohesity makes unicorn milestone after SoftBank-led funding

    Jun 14, 2018 1:26pm
    Enterprise-focused data storage startup Cohesity announced the completion of a US$250 million Series D funding round led by SoftBank’s Vision Fund, taking its total funding raised to US$410 million, TechCrunch reports. The California-based company now has...
  • Tencent backer Naspers in talks to invest in Carousell: report

    Jun 13, 2018 1:39pm
    South African internet and media group Naspers, best known for backing Chinese social media giant Tencent in an early deal, is considering investing in Singapore-based peer-to-peer marketplace Carousell, TechCrunch reports, citing two sources with knowledge of...
  • Fanny Law likely to step down as Science Park chief

    Jun 12, 2018 4:24pm
    Fanny Law Fan Chiu-fun, chairperson of the board of the Hong Kong Science and Technology Parks Corporation (HKSTP), is expected to leave her post after serving four years as she has not been granted an extension...
  • Bike-sharing giant ofo denies misappropriating user deposits

    - Jun 12, 2018 12:55pm
    A recent local media report suggested that China’s bike-sharing giant ofo, which is said to be cash-strapped, was misusing customer deposits worth over 10 billion yuan (US$1.6 billion). The firm has denied misappropriating user funds, Beijing...
  • Airbnb unveils program to make ‘Open Homes’ help more effective

    Jun 12, 2018 11:45am
    Airbnb, the online marketplace that enables people to list or rent homestay accommodation and vacation facilities, is expanding a program that allows its hosts to offer temporary housing free of charge during emergencies such as hurricanes...
  • Goldman-backed crypto platform Circle seeks banking license

    Jun 7, 2018 1:04pm
    Cryptocurrency and payments platform Circle Internet Financial plans to seek a federal banking license and also pursue registration as a brokerage and trading venue with the US Securities and Exchange Commission (SEC), Bloomberg reports. Circle, which...
  • Rental platform Baletu rides home sharing wave in China

    - Jun 6, 2018 2:33pm
    Rising home prices and the lack of residential space are driving the shared housing trend in mainland China, especially among young people. Baletu seizes the opportunity by linking tenants and landlords directly via its online property...
  • Meet the HK startup that brings smart contracts to the masses

    - Jun 5, 2018 11:37am
    Hype around blockchain has been huge. Many believe the immutable and unalterable nature of blockchain technology, which underpins cryptocurrencies like bitcoin, makes it ideally suited for business practice. And along with it, smart contracts, the computer...
  • TransferWise strikes partnership with French bank BPCE

    Jun 4, 2018 6:22pm
    UK-based TransferWise has struck a partnership with Groupe BPCE, France’s second largest banking group, marking a key milestone in the British fintech startup’s efforts to grow its business. Under the agreement, TransferWise will be able to...
  • WeWork goes full throttle in China

    - Jun 4, 2018 2:13pm
    A platform for creators, WeWork is bent on establishing a global presence. Founded in New York City in 2010, the company now has about 248,000 members around the world. As WeWork continues to expand, China, with its government...
  • Airbnb will be ‘ready to IPO next year’ but might not: CEO

    Jun 1, 2018 3:52pm
    Airbnb, the decade-old accommodation startup, appears to be more open now to the possibility of an initial public offering in the near future although it remains non-committal on the matter. Speaking at a media and tech...
  • Ele.me to use drones for food delivery in Shanghai industry park

    - Jun 1, 2018 2:23pm
    Chinese online food delivery platform Ele.me, an entity owned by e-commerce giant Alibaba Group, said it has been granted approval by authorities to fly drones for assisting in food delivery. Seventeen routes have been approved, all...
  • US e-scooter startup Bird set to join unicorn club: report

    - May 31, 2018 2:43pm
    Bird, an electric scooter-sharing startup in the US, is raising US$150 million in a funding round led by venture capital firm Sequoia that will value the company at US$1 billion, according to Bloomberg. Founded in 2017...
  • CEOs of many US startups have degrees from top schools: study

    - May 31, 2018 11:32am
    A study on the academic credentials of chief executives of American technology startups has found that many of the bosses had degrees from prestigious universities. An analysis of 193 heavily-funded US startups showed that people at the helm...
  • Snips to use its voice assistant for consumer devices

    May 30, 2018 4:44pm
    A France-based startup involved in voice assistant technology has announced that it will apply its own voice assistant to a set of consumer devices, as well as launch an initial coin offering (ICO). The voice assistant...
  • Meet JX Press, a media startup that has no reporters

    - May 30, 2018 4:24pm
    Automation has come to the news business in Japan with the rise of JX Press Corp, a startup that uses artificial intelligence (AI) to find breaking news in social media and come up with news reports....

EJI Weekly Newsletter

Please click here to unsubscribe