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5 exciting events you can't miss during StartmeupHK Festival 2017

In exactly one week later, the city will welcome the StartmeupHK Festival 2017 organized by InvestHK. Among the list of awesome events throughout the week, we want to highlight 5 events you simply can't miss!

Fintech O2O International Fintech Pitch Evening

Jan 16th, 2017 | 5pm - 8L30pm | @Smart-Space FinTech, Cyberport

NexChange and Cyberport will host the Fintech O2O International Fintech Evening, the largest financial forum in Asia during the StartmeupHK Festival. Companies and government entities from around the world such as Canada, United States, Russia, Finland, Singapore and the UAE will showcase their innovative financial and banking technologies.

Started in 2015, the Fintech O-2-O is a regular meetup in Hong Kong for like-minded FinTech entrepreneurs who recognize the impact of technology on traditional finance.

Get a 20% discount on the ticket using the promotional code: WHub20! Click here to register.

StartmeupHK Venture Forum

Jan 17th, 2017 | 5pm - 8:30pm | @Hong Kong Convention and Exhibition Centre

StartmeupHK Venture Forum - 5 events you can't miss at StartmeupHK Festival 2017

The StartmeupHK Venture Forum gathers entrepreneurs from different sectors as well as aspiring speakers under one roof to share ground-breaking ideas.

What will the future look like with the rise of leading edge technology? How has innovative technology accelerator the health care industry? What's next for the StartupNation? Enjoy a night full of delightful surprises and fresh idea together with like-minded people around the city.

The Hong Kong Startup Ecosystem - Insights And Trends

Jan 18th, 2017 | 7pm - 9:30pm | @WeWork WanChai

W Hub's HK Startup Ecosystem - Insights and Trends - 5 events you can't miss at StartmeupHK Festival 2017

Showcasing and celebrating the Hong Kong Startup Ecosystem and building on the success of the ultimate Hong Kong Startup Ecosystem Toolbox white paper, this event will unite key community builders to present insights and information about startup trends and startup resources to the audience

W Hub has teamed up with the key players of the startup scene to create the ultimate Hong Kong Startup Ecosystem Toolbox V.2. Who are the startups that exited or raised funding recently? Who are the startup community builders around the city? What kind of startup resources you can find in Hong Kong?

Discover insights related to the Hong Kong startup scene during the event and mingle with driven entrepreneurs in the city!

Click here to register for free!

Hong Kong Tech & Startups Job Fair #7

Jan 20th, 2017 | 11am - 5pm | @PMQ

W Hub's HK Tech & Startups Job Fair #7 - 5 events you can't miss at StartmeupHK Festival 2017

HK Startups scene has grown tremendously in the past few years, attracting Entrepreneurs and Talent over the world.

The HK Tech & Startup Job Fair aims to connect talented job seekers with the best HK-based startups.

Started in December 2014, the Hong Kong Tech& Startups Job Fair brings together undergraduates, graduate students, and seasoned professionals to one event, exclusively for startups.

Reach out to a W Hub member at hello@whub.io for any inquiry.

HealthTech Asia 2017

Jan 20th, 2017 | 9am - 6pm | @PMQ

HealthTech Asia 2017 - 5 events you can't miss at StartmeupHK Festival 2017

HealthTech Asia 2017 is an one day event that will be showcasing international healthtech start-ups as well as Hong Kong based ventures that are changing the way healthcare is delivered.

The theme for HealthTech Asia 2017 is "How can HealthTech find solutions to the challenges facing healthcare systems?". International start-ups will be presenting on their experiences of launching a mobile GP consultation platform and the use of virtual reality in pain management. 8 local start-ups will be pitching their latest innovations.

Get a 10% discount on the startup tickets using the promotional code: whub123 ! Click here to register.

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Eyes on China - an interview with MyPhone

July 18, 2016 by Heather Lo, W Hub - Myphone | zøem

MyPhone has plans to launch in late August , so we chatted with Mark Young, one the co-founders of MyPhone to tell us more about their star product ZØEM.

MyPhone has the exclusive distribution rights to a proprietary European water repellent coating which protects smartphones. Mark and his partner, Paul van Brenkelen, first discovered the chemical during a trip to Holland, and saw an opportunity to monetise the spray . Mark points out that over 40% of people drop their smartphones in water at least once. After spotting this significant yet unsatisfied demand for a water repellent coating product, they decide to go with their guts.

Mark and Paul turned their focus to China, the world’s largest smartphone market, where over 400 million smartphones are sold every year. “The smartphone is of vital importance to the younger generation in China,” says Mark. “It is their main channel of communication.”

Mark says as their focus has been solely on the China market, they have been spending a lot of time in China speaking to Chinese manufacturers and meeting interested parties. Although they have received a lot of inquiries from all over the world, Mark says they stayed disciplined to concentrate on their launch in the China.

The two founders have known each other for over 15 years and Mark says founding MyPhone reminds him of university life, teaming up with other students for a school project. Both Mark and Paul have an extensive background in testing inspection and certification for SGS and other big companies at a senior management level. With their previous work experience, they have learned that attention to detail is as important as the big picture. Mark notes that this helped them when preparing the business model and pitching to investors.

From working for a big company to being a founder himself, Mark says what he loves about being an entrepreneur is the freedom and creativity. However, he points out the most challenging part of the job is the inability to control the unknown. “To grow as an entrepreneur, you have to go into the office with a positive mindset,” says Mark. “You can’t control everything but you have to be determined to move things forward.”

During his stay in China, Mark was surprised that some organizations have a long vision for strategic partnerships. “When we went to a meeting with a certain organization for the first time, they had already come up with a plan about where they wanted the relationship to be in three years, ” Mark says. “ I was surprised and delighted to meet those deep thinkers and savvy business people in China.”

Mark indicated that relationships and understanding are essential in China, however, it is also important to find the similarity in people. “My team members have both a Chinese and Western mindset, with hands-on knowledge of the market coupled with a western strategy towards sales and marketing . This has been a great help to push the product into China.

Looking to the future, Mark reveals they have received a lot of inquiries from manufacturers that want to use the ZØEM spray in their product as an enhancement. MyPhone also has plans to expand the ZØEM spray to other parts of the world through their international connections in Hong Kong.

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5 in 5 minutes - July 08th
Hong Kong startup news roundup

July 8, 2016 by W Hub - W Hub

Animoca Brands acquires Finnish gaming company TicBits for $5.4M

Animoca Brands, the Hong Kong-based mobile game developer with rights to characters such as Doraemon, Garfield and Astro Boy announced it has acquired TicBits for $5.4 million. It is reported that TicBits has over 750K active users and 11 million total downloads, the company generated a revenue of US$1.5 million in FY 2015.

South Korea launches first Internet of Things network

Wireless communications company SKTelecom announced South Korea has launched its first Internet of Things network. More than four million things could be connected to the IoT network by the end of 2017. SKT will invest $86 million to develop in-house IoT services, focusing on tracking and monitoring.

Meitu becomes substantial shareholder of Migme

The Singapore-based digital media company Migme received an additional US$1.5 million investment from Meitu, the China-based company known for its photo editing app, making Meitu a substantial shareholder of Migme, holding more than 5 percent of the company’s voting rights.

MedTech Hackathon Hong Kong 2016

The University of Hong Kong and Hong Kong Science and Technology Parks Corporation (HKSTP) co-organised the DreamCatchers MedTech Hackathon 2016. The hackathon is a one-week event to come up with prototypes to solve medical needs. During the hackathon, young professionals and students from universities in Hong Kong teamed up with students from Stanford to solve eight unmet medical needs.

A summary of the DreamCatchers Hackathon (Chinese)

Nest launches the Infiniti Smart Cities Accelerator 2.0

Nest officially launched the Infiniti Smart Cities Accelerator 2.0 earlier this week. 9 startups from 5 countries around the world joined to accelerate their businesses. The Infiniti Smart Cities Accelerator is a 12-week program dedicated to Smart Cities and IoT innovation. Accelerator teams will have access to the Infiniti and Nest ecosystem as well as mentorship from industry experts.

 

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Why We Love Boutir for E-commerce Business Management (And You Should, Too!)

July 11, 2016 by Heather Lo, W Hub - Boutir

Online shopping has become a trend in Hong Kong, and numerous people are using social media platforms such as Facebook and Instagram to sell goods with e-commerce hashtags. However, while placing an order is easy, arranging payment and delivery is anything but straightforward. Realising that in Hong Kong e-commerce business management was overly complicated compared to other markets, Eric Ng took part in the AngelHack Hong Kong Fall 2013 and came up with the idea of Boutir.

Boutir is a mobile app that helps sellers to manage their online stores. Sellers can create their stores in three minutes with their mobile devices by inputting basic information. What makes Boutir special is that it supports batch importing of product photos from Instagram to ease the item creation process. Sellers can also retarget product advertisements in Facebook, helping the sellers cross-sell and up-sell.

E-commerce: a way out for small shops

Hong Kong has been accused of real estate hegemony for a long time and it's not uncommon for small retailers to close because of an increase in rent. Boutir believes that the role of e-commerce is of the utmost importance as it provides a way out for smaller sales businesses to escape from the burden of high rent.

Starting up in Hong Kong: the challenge

Eric believes Hong Kong is the right place to launch a product to an international market and attract talent with an international vision. However, the startup ecosystem is not as mature as in the US , which benefits from government support and a more established network of investors, mentors and media. 

Starting up as an e-commerce startup, Eric points out that an out of date payment system and delivery service in the city is the biggest challenge for an e-commerce tool or platform. Therefore Boutir actively looks for payment partners and logistics partners. For example, Boutir provides a parcel locker service to sellers.



We love what we do

"A money-making business may not have a valuation, while a valuable business does not necessarily need to be making money.”
Gordon Yen, MD, Radiant Venture Capital, Google EYE Program Mentor.

Boutir believes marketing, transaction and fulfillment are the three most important factors for being a successful e-commerce seller. “While Boutir is helping a lot on the transaction part, we will continue to engage more partners and enhance Boutir to help sellers with marketing and fulfillment,” Eric says. .

“There are millions of reasons we would quit doing a startup, but there is only one reason keep us going . We love what we are doing.”

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5 in 5 minutes - July 15th

July 15, 2016 by W Hub - W Hub

Hong Kong ranks first in the number of IPOs and fund raised in 2016

According to a release from PwC, Hong Kong continued to rank first globally in terms of its volume of IPOs and funds raised in the first half of 2016. There were a total of 40 new listings in Hong Kong, the total funds raised reached HK$43.5 billion.

Hong Kong overtakes US as world's most competitive economy

According to IMD World Competitiveness Center, Hong Kong has been crowned the world's most competitive economy, followed by Switzerland and the United States.

Click here to see how's Hong Kong performing in other aspects.

Pokemon Go is set to launch in Hong Kong

Pokemon Go, the game everyone is talking about this week, adds $7.5 billion to Nintendo market value in just 2 days. This reality smartphone fane nets millions of downloads in a week, with more than 11 million daily active users in the United States on Android. And here is an overview for you to get gamer ready.

Early Facebook backer raises $1B China fund

Veteran Silicon Valley in IDG Capital have raised $1 billion to invest in growth-stage companies both in China and those who are looking to enter the Chinese market. The fund is considered to be one of the largest venture capital funds and will be used to make investment in a wide range of industries

Paktor nets US$10M to disrupt online dating in Japan and Korea

The Singapore based startup successfully raised US $10 million from YJ Capital and other investors. The funding will be used to power the expansion into North Asia markets like Japan and Korea, it will also be used to support the sales and marketing efforts in existing markets.

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