Date
15 October 2018

startup

  • 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....
  • Amazon leads funding round for India digital insurance startup

    May 29, 2018 2:46pm
    Global e-commerce behemoth Amazon has led a US$12 million funding round for Acko, a digital insurance startup in India. Amazon led the financing in the round that included Ashish Dhawan, founder of private-equity firm ChrysCapital, and...
  • Smart-locker startup Pakpobox ventures into self-pickup market

    - May 29, 2018 1:13pm
    E-commerce has been expanding across the globe in recent years, causing an unremitting demand for logistics services. Smart lockers, apart from courier service and self-pickup at stores, are a growing trend as the facilities allow users...
  • Can blockchain revolutionize the art market?

    May 25, 2018 3:42pm
    As the art market has grown in scale, it has been confronting the issues of counterfeiting and fraud. Some experts believe blockchain, the framework technology that underpins cryptocurrencies like bitcoin, can bring about a change in...
  • Tencent invests in India-focused news aggregator app NewsDog

    - May 24, 2018 2:23pm
    Chinese internet giant Tencent Holdings has led a funding round for NewsDog, an India-focused news aggregator app which some observers believe has the potential to grow into a scale comparable to China’s hugely popular Toutiao news...
  • Alibaba, SenseTime, HKSTP launch fund for AI development

    - May 23, 2018 6:43pm
    The Alibaba Hong Kong Entrepreneurs Fund, artificial intelligence (AI) startup SenseTime and Hong Kong Science and Technology Parks Corporation (HKSTP) have jointly launched an initiative to step up AI development in Hong Kong. Called HKAI Lab, the...
  • Fintech startup Neat to seek ‘Virtual Bank’ license in HK

    - May 21, 2018 11:20am
    Hong Kong’s financial sector had long been dominated by traditional institutions, but in recent years the city has seen a rising number of fintech startups trying to push their way into the market on the back...
  • Innopage founder on how to valuate an app

    - May 18, 2018 3:13pm
    What is a good way to estimate the value of an app? Well, it’s topic that has stirred much debate and a lot of different viewpoints, as well as raised several related questions. Recently mobile games...
  • Didi adds safety measures after passenger murder

    May 17, 2018 11:46am
    Didi Chuxing, China’s biggest ride-hailing services firm, is rolling out a range of safety measures for its carpooling service Didi Hitch following a murder incident involving a passenger earlier this month. The company said in a...
  • Carousell launches e-wallet for complete in-app transactions

    May 16, 2018 4:57pm
    After receiving fresh capital in its latest funding round, mobile listings startup Carousell is launching a digital wallet that will enable users to complete transactions without leaving the app, co-founder and chief executive Quek Siu Rui revealed...
  • Unisound raises US$100 million to fund AI, chip development

    - May 16, 2018 12:49pm
    Unisound, a Chinese artificial intelligence (AI) solution provider, announced it has raised US$100 million in a series C round of funding. The round was led by China Electronics Health Fund, and participated in by Qihoo 360...
  • SparkLabs launches first startup accelerator security token sale

    May 14, 2018 3:31pm
    SparkLabs Group, a US-Korean firm that runs early-stage accelerator programs in Asia as well as several global venture capital funds, has launched a security token offering, allowing anyone to buy into its accelerator programs. The venture...
  • HKTDC Entrepreneur Day seeks to connect startups and investors

    - May 9, 2018 6:44pm
    The Hong Kong Trade Development Council (HKTDC) will hold an Entrepreneur Day (E-Day) next week. Now on its 10th year, E-Day will be held at the Hong Kong Convention and Exhibition Centre from May 17 to 18....
  • Tencent’s WeDoctor raises US$500 million, links up with AIA

    May 9, 2018 5:45pm
    WeDoctor, the Tencent-backed online healthcare platform, raised US$500 million from investors led by AIA Company Ltd., part of Hong Kong-listed insurer AIA Group (01299.HK), and Hong Kong conglomerate NWS Holdings (00659.HK). The latest financing brings WeDoctor’s...

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