by RJ Shara | Sep 2, 2021 | Startups
RISE, one of Asia’s largest tech conferences, is returning to Hong Kong in March 2022 as an in-person event, and will be held there for at least five years, announced organizer Web Summit today. Last year, Web Summit said RISE would move to Kuala Lumpur, but its return to Hong Kong means the conference will […] …
by RJ Shara | Jul 15, 2021 | Fundings and Exit, Startups
Part of Y Combinator’s present batch, Deskimo wants to make finding coworking spaces easier. Its on-demand booking app is currently available in Singapore and Hong Kong, with strategies to enter more markets after Demo Day. Its founders are previous Rocket Internet executives who state that their primary competition aren’t spaces like WeWork or other hot […] Deskimo now has about 50 homes in Singapore and 40 in Hong Kong, and wants to expand in both residential and organization districts, since many remote employees choose to discover an area close to their houses. The first are office areas that are currently set up for coworking and see Deskimo as an extra distribution channel. The Deskimo app creates a QR code that employees use to get access to one of its spaces, and they likewise scan it when checking out to record how long they were there. In Deskimo’s existing markets, other on-demand coworking space apps consist of Change, Flydesk, WorkBuddy and Booqed. …
by RJ Shara | Apr 22, 2021 | Fundings and Exit, Startups
AfterShip launched in 2012 to help online sellers track plans across various carriers, however ever since it has constructed a suite of information analytics tools covering nearly every step of the shopping experience, from email marketing to customer retention. The Hong Kong-headquartered start-up announced today it has actually raised a $66 million Series B led by […] The business’s software allows sellers to track deliveries made through more than 740 providers and deals with more than 6 billion shipments each year. AfterShip’s core product is its shipment tracking platform, but it also makes apps for shoppers, consisting of self-service returns and bundle tracking, and sales and marketing tools for merchants that let them get more use out of information from deliveries. In press declaration, Pangfei Wang, global partner at Tiger Global, said, “AfterShip leads the charge in making the shipping process more transparent and reliable for business and consumers alike.
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by RJ Shara | Mar 25, 2021 | Fundings and Exit, Startups
Hong Kong-based viAct assists building websites carry out 24/7 tracking with an AI-based cloud platform that integrates computer vision, edge devices and a mobile app. The start-up revealed today it has actually raised a $2 million seed round, co-led by SOSV and Vectr Ventures. The financing consisted of participation from Alibaba Hong Kong Business Owners Fund, Artesian Ventures and […] Established in 2016, viAct presently serves more than 30 building market clients in Asia and Europe. As companies business up for viAct to monitor keep track of websites complying with COVID-19 social distancing measuresSteps the company provided offered over Zoom to help assist onboard more quickly.
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by RJ Shara | Jan 27, 2021 | Fundings and Exit, Startups
Lynk, a “knowledge-as-a-service” platform that links customers with over 840,000 experts in a wide range of fields, revealed today it has raised $24 million led by Brewer Lane Ventures and MassMutual Ventures, with participation from Alibaba Business owners Fund. The business utilizes artificial intelligence algorithms to match users, who include investment companies, Fortune 100 business and […] Lynk’s flagship product, Lynk Answers, is currently used by about 200 enterprise customers when their workers need to do research for projects including geographical expansion, product-market fit and due diligence, with lots of relying on the platform for on-the-ground research in locations they can’t travel to due to the fact that of the pandemic. Lynk’s professionals, who the platform calls “Knowledge Partners,” include C-suite executives, independent consultants, legal representatives, engineers, monetary experts and researchers, among others. When users have a question, Lynk’s search engine reveals them a list of specialists based on requirements like domain expertise and geography. Choi said constructing an inclusive roster of professionals is a priority for Lynk. …
by RJ Shara | Jan 14, 2021 | Startups
OFLO is a voice interaction system created to replace standard walkie talkies. Its hardware is more light-weight and compact, with a bone conduction headset, and efficient in covering unlimited distances and multiple channels. Produced by Origami Labs, OFLO is also connected to software that features auto logging and efficiency tools for teams who don’t have […] OFLO was produced for the millions of frontline workers in health care, hospitality, security, production and other sectors who can’t sit in front of a computer system or look down at mobile screens regularly. OFLO’s benefits consist of letting users call specific co-workers and it is likewise cross-platform, so someone talking on a smartphone can call a person on a OFLO walkie talkie. OFLO is available on a membership plan for$ 6 per user a month.
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by RJ Shara | Dec 23, 2020 | Fundings and Exit, Startups
Lalamove will extend its network to cover more little Chinese cities after raising$515 million in Series E funding, the on-demand logistics company announced
on its site. The round was led by Sequoia Capital China, with involvement from Hillhouse Capital and Shunwei Capital. All 3 are returning investors. According to Crunchbase information, this brings Lalamove’s […]
The business’s last financing statement was in February 2019, when it struck unicorn status with a Series D of$300 million. In addition to 352 cities in mainland China, Lalamove also operates in Hong Kong(where it released ), Taiwan, Vietnam, Indonesia, Malaysia, Singapore, the Philippines and Thailand. Part of its Series D had been allocated to expand into India, but Lalamove was among 43 apps that were banned by the government, pointing out cybersecurity issues. Lalamove’s(known in Chinese as Huolala) Series E announcement stated the business experienced a 93 %drop in shipment volume at the beginning of the year, due to the COVID-19 pandemic, however has actually experienced a strong rebound, with order volume up 82 %year-over-year even prior to Double 11….
by RJ Shara | Dec 16, 2020 | Fundings and Exit, Startups
Logistics is among the greatest difficulties in e-commerce, especially for smaller sized merchants. Pickupp assists them complete in the on-demand economy with versatile, adjustable shipment services. Based in Hong Kong, Pickupp likewise operates in Malaysia, Singapore and Taiwan, and claims it can conserve customers approximately about 28% in logistic expenses. Pickupp is able […] Pickupp presently offers 3 kinds of door-to-door delivery services: on-demand couriers who provide within a four hour window, same day shipments, and one to 3 day shipments. In Singapore, Pickupp runs its own e-commerce platform. Pickupp was established in December 2016 and began operating the next year. Pickupp assists them complete in the on-demand economy with versatile, adjustable shipment services. Based in Hong Kong, Pickupp also runs in Malaysia, Singapore and Taiwan, and claims it can save customers an average of about 28% in logistic expenses….
by RJ Shara | Nov 23, 2020 | Fundings and Exit, Startups
Sleek, the business services platform that helps entrepreneurs launch and run brand-new companies in Singapore and Hong Kong, has raised $4 million. The brand-new financing was led by SEEDS Capital, the financial investment arm of federal government firm Enterprise Singapore. Returning financiers MI8 Limited and Pierre Lorinet likewise got involved, along with Singapore Fintech Association co-founder Varun Mittal […] Established 3 years ago by Barthel and Julien Labruyere, Sleek first began using online corporate services, consisting of company incorporation, compliance, digital accounting and tax filing, in Singapore prior to expanding into Hong Kong. Smooth is one of a number of cloud-based corporate services platforms focused on Singapore and/or Hong Kong, where policies make it simpler to include business and file taxes online, that have just recently raised new endeavor capital financing. It recently launched an electronic signature app called SleekSign that has actually digitized 145,000 signatures so far, added payroll services and introduced a business insurance coverage desk. …
by RJ Shara | Nov 10, 2020 | Fundings and Exit, Startups
Based in Hong Kong, Coherent assists insurance coverage companies go digital. With their services more pertinent than ever throughout the COVID-19 pandemic, the start-up revealed it has actually raised $14 million in new funding. The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be utilized to grow Coherent’s customer base in Asia, […] With their services more appropriate than ever throughout the COVID-19 pandemic, the start-up announced it has raised $14 million in new funding. Coherent will focus on China and emerging markets in Asia. …
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