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The merged entity of China’s two largest local services rivals, Meituan has a market cap of HKD 1.93tn in the Hong Kong Stock Exchange, where it is listed. Its total transaction volume reached RMB 682bn in 2019. In 2015, Meituan merged with Chinese rival Dianping and was known as Meituan-Dianping, but the brand has since been unified to Meituan. Now headed by Meituan founder Wang Xing, the Tencent-backed company is China’s largest on-demand, or O2O (online-to-offline), services provider, offering food delivery, restaurant booking, group buying, movie ticket booking and more.
The merged entity of China’s two largest local services rivals, Meituan has a market cap of HKD 1.93tn in the Hong Kong Stock Exchange, where it is listed. Its total transaction volume reached RMB 682bn in 2019. In 2015, Meituan merged with Chinese rival Dianping and was known as Meituan-Dianping, but the brand has since been unified to Meituan. Now headed by Meituan founder Wang Xing, the Tencent-backed company is China’s largest on-demand, or O2O (online-to-offline), services provider, offering food delivery, restaurant booking, group buying, movie ticket booking and more.
Co-founder of Printerous, Co-founder and CEO of SweetEscape
David Soong graduated in Marketing at Seattle University, USA. He is a serial entrepreneur and owner of SweetEscape, a holiday photography company that provides photography services in over 300 cities around the world. David also runs two other businesses which he co-founded in 2002: AXIOO, a photography and videography company specializing in weddings, engagements and family portraits; and the Boga restaurant group that manages Pepper Lunch, Bakerzin, Paradise Dynasty and Shaburi.
David Soong graduated in Marketing at Seattle University, USA. He is a serial entrepreneur and owner of SweetEscape, a holiday photography company that provides photography services in over 300 cities around the world. David also runs two other businesses which he co-founded in 2002: AXIOO, a photography and videography company specializing in weddings, engagements and family portraits; and the Boga restaurant group that manages Pepper Lunch, Bakerzin, Paradise Dynasty and Shaburi.
Co-founder and CTO of Halal Local
Nurma Larasati studied Data Communications and Networking at Multimedia University, Malaysia under a full scholarship, graduating in 2014 with a bachelor's degree. She was a research scholar at Multimedia University before returning to Indonesia at the end of 2015, before establishing Astrajingga, the app development company behind travel listing platform Halal Local. Nurma is pursuing a master's degree in Software Engineering for Financial Services at Leicester University, United Kingdom, while concurrently holding the position of CTO of Astrajingga.
Nurma Larasati studied Data Communications and Networking at Multimedia University, Malaysia under a full scholarship, graduating in 2014 with a bachelor's degree. She was a research scholar at Multimedia University before returning to Indonesia at the end of 2015, before establishing Astrajingga, the app development company behind travel listing platform Halal Local. Nurma is pursuing a master's degree in Software Engineering for Financial Services at Leicester University, United Kingdom, while concurrently holding the position of CTO of Astrajingga.
Co-founder and Chief Product Officer of Advotics
Thanks to the Singapore-MIT Alliance Fellowship Program, Jeffry William Tani was able to join a four-year postgrad PhD in Manufacturing System and Technology after graduating in 2009 with a Mechanical Engineering degree at Nanyang Technological University (NTU) in Singapore.In 2013, he joined Schlumberger as a new product development engineer. He left the Singapore-based oilfield mining services company in 2017 and returned to Indonesia to become the CPO of PT Advotics Teknologi Global.
Thanks to the Singapore-MIT Alliance Fellowship Program, Jeffry William Tani was able to join a four-year postgrad PhD in Manufacturing System and Technology after graduating in 2009 with a Mechanical Engineering degree at Nanyang Technological University (NTU) in Singapore.In 2013, he joined Schlumberger as a new product development engineer. He left the Singapore-based oilfield mining services company in 2017 and returned to Indonesia to become the CPO of PT Advotics Teknologi Global.
Co-founder and CEO of ZendMoney
Software engineer Bong Defendy established his first company, Winning-Soft (PT Datacaraka Solusindo), while studying Computer Science at Bina Nusantara University. He has been running the company since 2005, providing various software development and digital consultancy services. In 2017, Defendy and colleague William Lamuda decided to develop ZendMoney, a remittance service for Indonesian migrant workers that would use an e-wallet concept. Defendy continues to run Winning-Soft concurrently with ZendMoney, with Winning-Soft providing development support to ZendMoney.
Software engineer Bong Defendy established his first company, Winning-Soft (PT Datacaraka Solusindo), while studying Computer Science at Bina Nusantara University. He has been running the company since 2005, providing various software development and digital consultancy services. In 2017, Defendy and colleague William Lamuda decided to develop ZendMoney, a remittance service for Indonesian migrant workers that would use an e-wallet concept. Defendy continues to run Winning-Soft concurrently with ZendMoney, with Winning-Soft providing development support to ZendMoney.
Founded in 2014, Midas Capital invests mainly in businesses offering customer products and services over the Internet. With offices in Guangzhou, Shenzhen, Beijing and Hangzhou, it currently manages assets worth around RMB 3bn.
Founded in 2014, Midas Capital invests mainly in businesses offering customer products and services over the Internet. With offices in Guangzhou, Shenzhen, Beijing and Hangzhou, it currently manages assets worth around RMB 3bn.
Surfilter Network Technology is an IT services company based in Shenzhen. It works with clients in the government, military, finance, telecommunication, education and energy sectors.
Surfilter Network Technology is an IT services company based in Shenzhen. It works with clients in the government, military, finance, telecommunication, education and energy sectors.
Traveloka is an Indonesian online travel agency that reached unicorn status in 2017 after receiving funding from Expedia. It has since added new services, including hotel and car rental bookings to its offerings.
Traveloka is an Indonesian online travel agency that reached unicorn status in 2017 after receiving funding from Expedia. It has since added new services, including hotel and car rental bookings to its offerings.
Co-founder and CEO of Kerjabilitas
After graduating in 2004 from the Universitas Negeri Surabaya in Indonesia, Rubby Emir worked at various NGOs and social enterprises, including the Red Cross and Rainforest Alliance.In 2014, he co-founded a nonprofit enterprise Saujana, working on environmental conservation and social issues. In 2015, the Saujana team launched Kerjabilitas, a job search platform for disabled people in Indonesia. Rubby is also a senior project manager at the Humanitarian Benchmark Consulting that provides consulting and support services for humanitarian activities.
After graduating in 2004 from the Universitas Negeri Surabaya in Indonesia, Rubby Emir worked at various NGOs and social enterprises, including the Red Cross and Rainforest Alliance.In 2014, he co-founded a nonprofit enterprise Saujana, working on environmental conservation and social issues. In 2015, the Saujana team launched Kerjabilitas, a job search platform for disabled people in Indonesia. Rubby is also a senior project manager at the Humanitarian Benchmark Consulting that provides consulting and support services for humanitarian activities.
Co-founder and CEO of Seekmi
University of British Columbia alumna Clarissa Leung had worked as a software engineer at ATR Humanoid Robotics Computational Neuroscience, Panasonic and Barclays Investment bank before dipping her toes into the entrepreneurial world in Canada. After her MBA at Queen’s University in Ontario, Clarissa moved to Indonesia in 2014 to join venture capital fund AccelerAsia as managing director. However, she left a year later to become a co-founder of on-demand household services startup Seekmi and was appointed its CEO in 2016.
University of British Columbia alumna Clarissa Leung had worked as a software engineer at ATR Humanoid Robotics Computational Neuroscience, Panasonic and Barclays Investment bank before dipping her toes into the entrepreneurial world in Canada. After her MBA at Queen’s University in Ontario, Clarissa moved to Indonesia in 2014 to join venture capital fund AccelerAsia as managing director. However, she left a year later to become a co-founder of on-demand household services startup Seekmi and was appointed its CEO in 2016.
Founder of RRQ (Rex Regum Qeon)
Riki Kawano Suliawan is the founder of RRQ, one of the most popular Indonesian eSports team. Riki founded and is CEO of Qeon Interactive, a Jakarta-based ICT company which provides online gaming and Internet value-added services. He also founded and is CEO of Flashads, which provides digital advertisements on a location-based service within free hotspot areas of Internet provider Biznet Hotspot. He studied at Santa Clara University and is the son of prominent businessman and MidPlaza Holdings founder Rudy Suliawan.
Riki Kawano Suliawan is the founder of RRQ, one of the most popular Indonesian eSports team. Riki founded and is CEO of Qeon Interactive, a Jakarta-based ICT company which provides online gaming and Internet value-added services. He also founded and is CEO of Flashads, which provides digital advertisements on a location-based service within free hotspot areas of Internet provider Biznet Hotspot. He studied at Santa Clara University and is the son of prominent businessman and MidPlaza Holdings founder Rudy Suliawan.
Founded in 2013 with capital investment of RMB2 billion, Zhongshang Huimin focuses on community O2O operation services. It has expanded to 22 Chinese provinces, with over 500,000 member stores and more than 40 logistic bases.
Founded in 2013 with capital investment of RMB2 billion, Zhongshang Huimin focuses on community O2O operation services. It has expanded to 22 Chinese provinces, with over 500,000 member stores and more than 40 logistic bases.
Headquartered in Shanghai, FC Capital was founded in 2017 to focus on investments in China and the US. The VC mainly invests in medtech sectors like biotechnology, medical devices, medical services and health-related consumer products.
Headquartered in Shanghai, FC Capital was founded in 2017 to focus on investments in China and the US. The VC mainly invests in medtech sectors like biotechnology, medical devices, medical services and health-related consumer products.
A serial entrepreneur, Lu is the founder of car rental company CAR Inc. He is also chairman and founding CEO of car services provider UCAR. In 2003, he founded Beijing Huaxia United Technology Co Ltd, a company that now controls around 67% of China Telecom’s VOIP business in Beijing. In 1995, Lu founded DITEL Technology, a trading company for telecom equipment and supplier of system integration services. He received his bachelor's degree in Industrial Electric Automation from the University of Science & Technology of Beijing and his EMBA from Peking University.
A serial entrepreneur, Lu is the founder of car rental company CAR Inc. He is also chairman and founding CEO of car services provider UCAR. In 2003, he founded Beijing Huaxia United Technology Co Ltd, a company that now controls around 67% of China Telecom’s VOIP business in Beijing. In 1995, Lu founded DITEL Technology, a trading company for telecom equipment and supplier of system integration services. He received his bachelor's degree in Industrial Electric Automation from the University of Science & Technology of Beijing and his EMBA from Peking University.
Partner of Zhenfund, Wang Qiang (b.1962) co-founded this TMT-focused seed fund with his longtime friend and partner Xu Xiaoping, in collaboration with Sequoia Capital China, in 2011. The angel investor also co-founded NYSE-listed New Oriental Education & Technology Group, where he was executive vice president in charge of teaching and training at Beijing New Oriental School, and Industry vice-president and group chairman. A leading specialist in English-language education in China, Wang has lectured at the English department of Peking University and served as senior consultant to the English channel of China National Radio. He majored in English language and literature at Peking University and holds a master's degree in computer science from the State University of New York. Wang is a lover and collector of antiquarian books.
Partner of Zhenfund, Wang Qiang (b.1962) co-founded this TMT-focused seed fund with his longtime friend and partner Xu Xiaoping, in collaboration with Sequoia Capital China, in 2011. The angel investor also co-founded NYSE-listed New Oriental Education & Technology Group, where he was executive vice president in charge of teaching and training at Beijing New Oriental School, and Industry vice-president and group chairman. A leading specialist in English-language education in China, Wang has lectured at the English department of Peking University and served as senior consultant to the English channel of China National Radio. He majored in English language and literature at Peking University and holds a master's degree in computer science from the State University of New York. Wang is a lover and collector of antiquarian books.
Meituan, the “Amazon for local services”
Now worth over US$50 billion, the company has always focused on one end-goal: help consumers eat better, live better
HighPitch 2020: Goers wins Indonesia's national startup competition
Event ticketing startup Goers gains new revenue streams with pivot to helping leisure spots go online; hotel SaaS Izy and on-demand medical testing service CekLab also in top three
360imprimir: “We want to be the Amazon of corporate products and marketing services”
Online printing services platform 360imprimir recently raised €18m, one of Portugal's biggest funding rounds, for its global expansion
Automated marketing platform Frizbit reaches over 1bn end-users; seeks European, LatAm expansion
Using AI and proprietary technology, Frizbit aims to help clients retain customers with personalized and automated push notification campaigns
A sub-second response time in cloud computing? Yes, with QingCloud, you can
Unusually for China, this five-year old startup chose to pursue slow expansion instead of a rapid growth model – a move that's now giving it an edge over the competition
Data integration platform Onna accelerates growth with Covid-19 boost
Corporates use up to 80 different apps in their workflows. Slack- and Dropbox-backed Onna is a central platform integrating all that fragmented data, giving companies greater control
Indonesia launches national pitch competition HighPitch 2020 to re-energize its startup ecosystem
With 43 VC investors so far joining as judges and mentors, HighPitch 2020 aims to reconnect investors with young startups across the country amid Covid-19
Jesús Encinar: The Man Behind Idealista and 11870.com
Entrepreneur, angel investor and down-to-earth idealist
For equality in education, Odilo brings books in the cloud free to millions worldwide
The "Amazon for digital content" Spanish edtech startup delivers virtual libraries and classrooms to kids and adults worldwide
How Glovo became one of Spain’s hottest startups
The Barcelona-based on-demand delivery app by a 23-year-old aerospace engineer now spans 14 countries with 7,000 couriers
Meituan-Dianping’s Wang Xing: From struggling copycat to IPO billionaire
As the internet startup sets to list in Hong Kong this week, we take a look back at the journey of its founder Wang Xing, once dubbed “the unluckiest serial entrepreneur”
Can AI make ethical decisions? Ethyka by Acuilae wants to train AI systems to reason like humans
Ethyka, an AI training module, sets the ethical principles and conditioning for AI systems in applications ranging from chatbots to autonomous cars
2gether: The world's first crypto-collaborative financial platform
Banking on the opportunities afforded by blockchain, 2gether is owned by its customers who get commission-free financial services in euros and cryptocurrency
Billin offers unlimited free e-invoicing services to SMEs and freelancers
Offering automated online invoice generating, sharing, tracking and payments, the Spanish fintech wants to become the billing Dropbox for businesses worldwide
Supermarkets can now go cashierless too, with Mars Rabbit's scan & go app
Chinese startup gives traditional retailers the tech ammunition and chance to beat Amazon and Alibaba at their own game
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