Date
15 December 2019

startup

  • UK lessons for Hong Kong’s upcoming virtual banks

    - Dec 4, 2019 9:39am
    In a significant move that is expected to shake up the city’s financial sector, the Hong Kong Monetary Authority announced in May that it has granted virtual banking licenses to eight entities, with an objective to...
  • How a Korean internet firm is building a blockchain ‘killer-app’

    - Nov 29, 2019 4:51pm
    Among the tech firms around the world that have hopped onto distributed ledger technology (DLT), which is more commonly known as blockchain, is South Korean internet firm Kakao. The company, which operates the KakaoTalk messaging app and...
  • Perfect Day: A startup creating cow milk without the cow

    - Nov 26, 2019 3:48pm
    The dairy industry causes more damage to the environment than many people think. The massive production has an impact on various things: climate, soil, water resources, and even public health. “Enjoying the dairy foods we love...
  • How Bakkt aims to build digital asset ecosystem and consumer app

    - Nov 26, 2019 11:46am
    Bakkt, a digital asset-focused startup affiliated with the Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), listed its much-awaited Bitcoin Futures contracts in September. With an aim to draw more traditional institutions into...
  • Tandem founder aims to take on banking giants

    - Nov 13, 2019 2:50pm
    App-based bank Tandem, which plans to expand into Hong Kong before the end of the year, is determined to take on the giants in the financial industry and grow into a “trillion-dollar business”, its co-founder and chief...
  • UK challenger bank Tandem plans to launch in Hong Kong this year

    - Nov 12, 2019 7:17pm
    Tandem, the UK challenger bank co-founded by fintech veteran Ricky Knox, is gearing up to expand into Hong Kong before the end of the year, as part of its international growth plans. In an exclusive interview...
  • DayDayCook founder turns passion into thriving business

    - Nov 11, 2019 3:00pm
    With the rise of mobile internet technology and food delivery apps, city residents spend less time cooking and eating at home nowadays, compared with previous generations. In fact, many young people can’t cook at all. Amid...
  • SFC sets guidelines for granting licenses to crypto exchanges

    Nov 7, 2019 1:16pm
    The Securities and Futures Commission (SFC) has released a set of guidelines to pave the way for the issuance of operating licenses to cryptocurrency exchanges based in the city. The financial regulator released the position paper a...
  • HK startup Appysport aims to make sports more accessible

    - Nov 4, 2019 2:58pm
    The worldwide fitness trend has spurred a boom in booking platforms for sports activities and facilities. These all-in-one sports services offer a wide variety of locations and schedule choices, giving flexibility and convenience to its users while...
  • Twitter CEO Jack Dorsey backs crypto startup CoinList

    Oct 31, 2019 2:35pm
    Twitter CEO Jack Dorsey, a longtime Bitcoin advocate, is one of several investors who have backed San Francisco-based cryptocurrency startup CoinList in a new funding round. The US$10 million funding round was led by venture firm...
  • HK startup MediConCen to build blockchain medical ecosystem

    - Oct 30, 2019 1:17pm
    Blockchain technology has entered the pharmaceutical and healthcare sectors, with patient data management one of its most popular uses in view of its ability to ensure transparency and traceability. Hong Kong-based startup MediConCen, founded in 2018, says...
  • Gojek plans dual listing after CEO named to Jokowi cabinet

    Oct 25, 2019 12:16pm
    Indonesian ride-hailing and payments giant Gojek is preparing for a dual listing after its co-founder and chief executive Nadiem Makarim stepped down to join the second-term cabinet of Indonesian President Joko Widodo. Andre Soelistyo, the company’s new CEO,...
  • HK’s Omnipork takes aim at Asia plant-based meat market

    - Oct 21, 2019 4:58pm
    “A few years ago, we launched Green Common (the plant-based grocery shop and cafe), and introduced Beyond Meat products into Hong Kong. Everybody was thinking like, ‘What are you doing?’, ‘Where do we have a market...
  • Green Monday more than just a restaurant, says co-founder

    - Oct 21, 2019 4:12pm
    Hong Kong-based Green Monday has positioned itself as a social startup that tackles climate change and global food insecurity. “We are more than just a restaurant, or a food product company,” co-founder and chief executive David...
  • HK startup Booqed raises US$1.68 mln in seed funding

    Oct 17, 2019 12:44pm
    Hong Kong-based startup Booqed, which operates an online platform for booking short-term rentals of business workspaces, has raised US$1.68 million in seed funding despite the ongoing political and social unrest in the city. The seed funding round...
  • US regulator blocks Telegram’s US$1.7 bln crypto token sale

    Oct 14, 2019 11:53am
    The US Securities and Exchange Commission (SEC) has blocked a US$1.7 billion crypto token sale plan of messaging service Telegram’s blockchain initiative, putting the project in jeopardy. Telegram Open Network (TON), the blockchain initiative of the...
  • Grammarly reaches ‘unicorn’ status after US$90 million financing

    Oct 11, 2019 5:11pm
    Grammarly, an online grammar-checking service, has raised US$90 million in its latest funding round, valuing the company at more than US$1 billion, TechCrunch reports, as the “unicorn” attracts more users by expanding its tools and bringing them...
  • SoftBank’s robot Whiz now in Hong Kong to clean office floors

    - Oct 10, 2019 12:15pm
    SoftBank Robotics, owned by Japanese tech and telecoms giant SoftBank, has launched its AI-powered vacuum-cleaning robot in the Hong Kong and Macau region, targeting corporates, malls, and hotels. Designed to optimize workflows in the cleaning industry...
  • HK startup wants construction industry to go digital

    - Oct 8, 2019 2:23pm
    Internet-powered technology is shaking things up in traditional industries. Hong Kong startups GoGoVan and Lalamove, for example, have brought digital solutions to the logistics business. In the construction and engineering sector, Hong Kong-based entrepreneur Andy Cheung, general...
  • HK-based AI startup aims to help businesses boost sales

    - Oct 4, 2019 4:02pm
    Marketing and sales activities are increasingly relying on analytical and quantitative tools nowadays among businesses around the globe, and Artificial Intelligence (AI) has emerged as one of the most hyped ways to improve product, pricing and...