hong kong

Social media content and analytics startup PressLogic raises $10M from popular Chinese selfie app Meitu

PressLogic, a Hong Kong-based social media content and data analytics startup, announced today that it has raised a $10 million Series A+ round from Meitu, developer of the popular Chinese selfie app

Tink Labs, which gives free-to-use smartphones to hotel guests, is raising $300M

Tink Labs, a Hong Kong startup that develops smartphones that hotels provide to their guests for free, is raising a new round of up to $300 million to further its international footprint, TechCrunch h

Hong Kong says it may regulate crypto exchanges

Hong Kong may become the next country to regulate crypto exchanges after its securities regulator announced it is exploring ways to apply quality control and protect consumers from the volatility and

Rejected journalist visa sparks press freedom fears in Hong Kong

There’s concern for the freedom of the press in Hong Kong after the government declined to renew the visa of a veteran Financial Times’ editor, dealing an alarming blow to the country&#

AI accelerator Zeroth bags investment from digital media firm Animoca

Asia-based accelerator program Zeroth is getting a major infusion of capital after digital media company Animoca Brands agreed to invest over $3 million into its businesses. Animoca is listed on the A

Hong Kong-based OneDegree gets $25.5M Series A to make coverage more accessible, starting with pet insurance

OneDegree, a Hong Kong-based insurance technology startup, announced today that it has closed a Series A totaling HKD $200 million (about $25.5 million). Half of that amount was pledged by investors t

Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high

Meituan-Dianping is reportedly aiming for a $55 billion valuation in its upcoming initial public offering in Hong Kong, but the company’s net losses and increasing competition from Alibaba are a

Neat is a challenger bank for early-stage startups and SMEs

With the growth in cross-border payment services and ‘challenger’ bank cards for consumers, you’d be forgiven for wondering where the options are for small business — where cas

Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion

WeWork may be doubling down on Asia, having initially focused its efforts on China, but that isn’t stopping local players from hatching ambitious expansion plans of their own. One of those eying

Hong Kong’s GoGoVan raises $250M from investors including Alibaba’s logistics subsidiary

Logistics on-demand service GoGoVan became Hong Kong’s first billion-dollar startup via a merger last year, and now is doubling down on growth after raising $250 million in new capital. The new

Xiaomi posts $1.1B quarterly loss ahead of much-anticipated IPO

A month after it filed for a much-anticipated Hong Kong IPO, Xiaomi has revealed a little more financial information after a monster 621-page document disclosed a $1.1 billion (seven billion RMB) loss

Alibaba’s newest initiative aims to make Hong Kong a global AI hub

Alibaba is teaming up with SenseTime, the world’s highest-valued AI startup, to launch a not-for-profit artificial intelligence lab in Hong Kong in a bid to make the city a global hub for artifi

Xiaomi officially files for Hong Kong IPO to raise a reported $10 billion

Xiaomi’s much-speculated IPO process has kicked off officially after the Chinese smartphone giant filed to go public on the Hong Kong Stock Exchange. The first draft of its filing does not inclu

Despite IPO surge, Hong Kong investors aren’t tech savvy, warns Razer CEO

Xiaomi and Ant Financial are two of a cluster of major tech names being linked with IPOs in Hong Kong. But, despite a burst of upcoming tech listings and new measures that are tipped to encourage more

Chinese police foil drone-flying phone smugglers at Hong Kong border

Dozens of high-tech phone smugglers have been apprehended by Chinese police, who twigged to the scheme to send refurbished iPhones into the country from Hong Kong via drone — but not the way you mig

Li Ka-Shing to step down as chairman of CK Hutchison, owner of 3 and other tech holdings

A significant changing of the guard is underway in the world of telecoms and tech out of Asia. CK Hutchison, a Hong Kong conglomerate that owns the European mobile carrier 3 among other mobile and tec

Goxip raises $5M led by Meitu to build an influencer marketing platform for fashion in Asia

Goxip, a Hong Kong-based social shopping service, has raised $5 million to branch out into influencer marketing. The investment was led by Meitu, the $6 billion Hong Kong-listed company that develops

Alibaba will consider listing its affiliate companies in Hong Kong

Last year I wrote that Hong Kong is increasingly becoming a destination for tech IPOs, and the country just got a major boost after Alibaba chairman Jack Ma said the company is exploring the possibili

Honda is working with Chinese AI unicorn SenseTime on self-driving car tech

Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. S

Gaming firm Razer up 18% following Hong Kong IPO

Razer has continued a winning streak of IPOs from Asian companies after its share price surged as much as 41 percent up on its first day of trading on the Hong Kong Stock Exchange. The company, which
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