Date
24 January 2018

startup

  • Singapore to establish innovation alliance in Beijing

    Nov 28, 2017 5:47pm
    Singapore’s Global Innovation Alliance (GIA) will launch an initiative in China, linking the technological landscapes of both countries.  In its 2016 report, the Committee on the Future Economy of Singapore recommended setting up the GIA which...
  • Pokémon GO maker gets US$200m ahead of Harry Potter game launch

    Nov 28, 2017 10:02am
    Niantic Inc., the maker of the hit augmented-reality (AR) game Pokémon GO, has raised about US$200 million in new financing. The company’s Series B round comes just weeks after it announced plans to release a new...
  • How Taipei attracts talent for startup development

    Nov 27, 2017 6:27pm
    The Hong Kong government is determined to develop innovation and technology in the city, but its efforts are hampered by such issues as small market size and brain drain. Could we draw lessons from how Taiwan tackles...
  • How a Taiwan startup uses Hong Kong as a springboard

    - Nov 27, 2017 2:32pm
    More than 400 startups from 14 countries gathered in Taipei for three days of innovation, networking and fun. The event was held on Nov. 16 to 18 at the Taipei Expo Dome. Among them was the...
  • China payments: Time for HK firms to try their luck

    - Nov 27, 2017 11:29am
    The Octopus payments system has again been the subject of much discussion in Hong Kong in the past few weeks. Even the venerable British magazine The Economist, in its November 23 issue, published an article entitled...
  • Jumpstarter 2017 concludes with three grand finalists

    Nov 24, 2017 5:06pm
    Jumpstarter 2017, a program that aims to identify promising entrepreneurs and provide them with funding, concluded with a grand finale on Tuesday that saw three contestants make the final cut.  The three grand finalists will each receive...
  • Chinese AI start-up SenseTime in no rush for IPO

    Nov 24, 2017 3:44pm
    Chinese artificial intelligence (AI) startup SenseTime Group, valued at more than US$2 billion, is planning an IPO but is in no particular rush, its founder told Reuters. The Hong Kong and Beijing-based firm is a leader among...
  • Fintech firm WeLab said to eye US$500 mln Hong Kong IPO

    Nov 24, 2017 2:50pm
    WeLab Ltd., a Hong Kong-based financial technology firm backed by billionaire Li Ka-shing and the Credit Suisse Group, aims to launch an initial public offering next year, Bloomberg reports. The online lender has picked banks to...
  • Game streaming firm Douyu TV raises 1 bln yuan, reports profit

    Nov 23, 2017 3:38pm
    Douyu TV, China’s version of Amazon.com’s live streaming video platform Twitch, says it has finalized its latest funding round without disclosing the amount raised. The Series D funding size is more than 1 billion yuan (US$150 million), raising the...
  • A startup develops tool to aid language devt in toddlers

    - Nov 23, 2017 9:33am
    The early years of learning are deemed critical for language and cognitive development among kids. Bearing this in mind, Hong Kong-based startup Oya Labs, formerly known as Vox Technology, has developed a device that helps monitor a...
  • Hanwha unit leads US$6.6 mln funding round of Tech in Asia

    Nov 22, 2017 12:59pm
    Tech in Asia, a Singapore-based media and events startup, has raised US$6.6 million in a new funding round led by a South Korean investment firm. The lead investor is Hanwha Investment and Securities, an affiliate of...
  • Eight firms make the final cut in DBS Accelerator program

    Nov 21, 2017 6:27pm
    Eight startups have emerged as finalists in the first phase of the latest DBS Accelerator program that aims to support innovations and entrepreneurship in the fintech arena. The eight finalists are Avoka, Dathena Science, FinChat, Metisa,...
  • Glint offers multi-currency account that supports gold spending

    Nov 21, 2017 9:47am
    An electronic payment app that allows people to pay for goods and services in gold has been launched by fintech firm Glint. Partnered with MasterCard and Lloyds Bank, London-based startup Glint launched on Monday its multi-currency...
  • Sharing economy: How a startup is focusing on travel gear

    - Nov 20, 2017 1:43pm
    Tapping into the micro-living trend in Hong Kong, a two-year-old startup named JOYO (formally known as Rent-a-Suitcase) offers a platform that allows customers to rent or loan out travel-related items ranging from suitcases and GoPro action...
  • China bike-sharing startup Bluegogo in deep crisis: reports

    Nov 17, 2017 5:24pm
    Bluegogo, one of China’s prominent bike-sharing startups, appears to be in a crisis and could be on the verge of going bust, reports say. The company, which operates around 700,000 bikes across China, is facing a...
  • How Generation Z can survive

    - Nov 17, 2017 3:28pm
    The 1980s generation used to describe the young generation, but they’re now approaching 40 years old. They are the old story and the new generation is up. Those who were born after 1995 are the new...
  • Hong Kong should stick to its value proposition

    - Nov 17, 2017 10:32am
    Hong Kong once played a leading role among Asia’s four “little dragons” — Taiwan, South Korea, Hong Kong and Singapore — in the early years of the digital economy, on back of its open economy and...
  • Mad Gaze: Hong Kong’s answer to Google Glass

    - Nov 16, 2017 1:43pm
    Mad Gaze, a Hong Kong-based startup which produces smart augmented reality (AR) headsets à la Google Glass, is betting on its innovative products to take on tech giants in the international market. Despite Google’s decision to...
  • Qualcomm invests in Mobike, SenseTime and other Chinese startups

    Nov 16, 2017 10:50am
    US chipmaker Qualcomm has revealed that it has invested in nine Chinese technology startups via the firm’s US$150 million China Venture Fund, TechCrunch reports. The investments made by the Venture Fund, which was announced in 2014, include firms...
  • QCI raises US$18 mln in series A round of financing

    Nov 15, 2017 6:28pm
    Quantum Circuits Inc. (QCI), a quantum computing startup founded in 2015, has recently raised US$18 million in a series A round of financing co-led by Sequoia Capital and Canaan Partners. The company aims to build and...

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