Date
24 June 2018

startup

  • 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...
  • Azalvo aims to help fashion startups, designers find their feet

    - Apr 23, 2018 12:34pm
    Azalvo, a fashion and lifestyle incubation platform and co-creation community, plans to step up initiatives to promote collaboration and facilitate the transformation of Hong Kong’s fashion and textile industry. Launched late last month, Azalvo aims to...
  • Uber HK: We are willing to cooperate with local taxi trade

    - Apr 19, 2018 2:08pm
    Despite the Hong Kong government’s lukewarm attitude toward car-hailing services, competition in the market is getting more intense. Didi Chuxing has just added in-app payment optionsthat can be used by local taxi drivers.  In the face...
  • Kdan to boost cloud-based content creation tools with new funds

    - Apr 18, 2018 12:08pm
    Kdan Mobile, a Taiwanese firm involved in cloud-based software for content creators, has secured US$5 million in Series A funding from a group of investors. According to TechCrunch, W.I. Harper Group, Darwin Venture Management and Accord Ventures...
  • Garage Society opens campus to train innovation & tech leaders

    - Apr 17, 2018 6:03pm
    Garage Society, a Hong Kong-based co-working space operator, announced on Monday it has opened a new facility that will help nourish entrepreneurial talent in new industries. Located at Lockhart Road in Wan Chai, Garage Academy will...
  • HK tech veteran to launch real-estate tokenization platform

    - Apr 17, 2018 11:10am
    Cryptocurrency and blockchain technology conquered the financial world in 2017. As we see more capital gravitate towards promising virtual currencies and initial coin offering (ICO) projects, technologists are advancing tokens as a new way of exchanging...
  • There is no honeymoon phase between a startup and its customers

    - Apr 17, 2018 10:58am
    Hong Kong’s first bike-sharing app Gobee.bike is said to be receiving various complaints from customers over its system failures. In one case, a customer said he had returned the bike after a one-time use, but the...
  • Tencent-backed Pinduoduo raises over US$1 billion

    Apr 13, 2018 2:56pm
    Pinduoduo, a fast-growing Chinese e-commerce platform, has raised more than US$1 billion in its latest funding round, bringing its valuation to US$15 billion, Bloomberg reports, citing people familiar with the matter. The startup’s valuation after the...
  • Meet the two men behind girls’ fashion e-retailer MyDress

    - Apr 13, 2018 12:35pm
    Hong Kong-based MyDress is an e-commerce platform selling trendy items such as clothing, accessories and skincare, but there are two men behind this girls’ fashion startup, Edmund Wong and Leon Lai, who founded the company five...
  • 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...

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