startup

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....

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...

Deliveroo is providing free medical insurance to its food delivery drivers worldwide. The London-based online food delivery startup will offer free medical insurance to its 35,000 drivers in 12 countries and regions, including the United Kingdom, Australia,...

Today we are overloaded with stories about how startup entrepreneurs secured venture capital and soared to great wealth in a very short span of time. The capital-raising route notwithstanding, a growing number of startups are giving priority...

Cathay Photonics, a startup co-founded by a group of engineers and physicists, has completed a US$10 million funding round after it gained recognition for a technical breakthrough that helps make glass or plastic screens, such as those...

If you are a Londoner, don’t be surprised if you get to meet the boss of Deliveroo in person – as a delivery driver for food take-outs. Will Shu, co-founder and CEO of the British online...

Established in 2014 in Hong Kong, Bitspark is known as a bitcoin remittance firm that uses the blockchain technology for end-to-end, cross-border payment services in the Asia-Pacific region, including Hong Kong, the Philippines, Indonesia and Australia....

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...

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, 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...

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, 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...

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 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, 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...

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...

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...

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...

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...

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...