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A major competitor of Douyin (Chinese version of TikTok), the short-video platform Kuaishou was launched in March 2011. The company currently has 262.4m daily active users for its app. Over 2.6m pieces of short videos are uploaded everyday by its users. Kuaishou went public in Hong Kong in February 2021.
A major competitor of Douyin (Chinese version of TikTok), the short-video platform Kuaishou was launched in March 2011. The company currently has 262.4m daily active users for its app. Over 2.6m pieces of short videos are uploaded everyday by its users. Kuaishou went public in Hong Kong in February 2021.
The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
The world’s most valuable fintech firm, Ant Financial Services originated from Alipay, the third-party payments platform under the Alibaba Group. Today, it also runs a money-market fund and an online bank. Ant Financial has more than 450 million active users. It has also expanded into foreign markets, including the US, UK, Germany, Thailand and Australia, and expects more than 60% of its transactions to come from outside China by 2026. It targets to serve 2 billion users then.
Co-founder of Jimaisong
The former senior executive of b5m.com has designed, developed and operated browser plug-ins. Wang Min led www.b5m.com’s growth to 5 million daily active users, while its e-commerce system also reached over 100 million visits daily.
The former senior executive of b5m.com has designed, developed and operated browser plug-ins. Wang Min led www.b5m.com’s growth to 5 million daily active users, while its e-commerce system also reached over 100 million visits daily.
In January 2006, Chen Hua (Tony Chen) co-founded Kuxun.cn, a Chinese travel and hotel search engine that was acquired by TripAdvisor in 2009. Chen exited Kuxun in late 2008 and joined Alibaba in early 2009, working on the application of search engine technology. He resigned in February 2011 and started a mobile tech enterprise. In May 2012, he released Changba, an app offering users a portable solo KTV booth that attracted over 1m users in just one week after its release.
In January 2006, Chen Hua (Tony Chen) co-founded Kuxun.cn, a Chinese travel and hotel search engine that was acquired by TripAdvisor in 2009. Chen exited Kuxun in late 2008 and joined Alibaba in early 2009, working on the application of search engine technology. He resigned in February 2011 and started a mobile tech enterprise. In May 2012, he released Changba, an app offering users a portable solo KTV booth that attracted over 1m users in just one week after its release.
Ximalaya FM is China’s largest audio sharing and service platform with 450m subscribed users. It has invested in several startups in the culture and entertainment sectors.
Ximalaya FM is China’s largest audio sharing and service platform with 450m subscribed users. It has invested in several startups in the culture and entertainment sectors.
Cofounder of VUE Vlog
Co-founder of VUE Vlog, Li Zaolu graduated from Beijing University of Technology in computer science although she was more interested in business management. Upon graduation, she worked in business development for Nokia, NetEase and Wandoujia. She was one of the founding partners of NetEase's Youdao dictionary. In Wandoujia, she led the business development team to bring in new users. Some 700,000 new users started to use the app everyday compared to only 10,000 a day when she started. From 2014 to 2015, Wandoujia's business share was taken by tech giants. In 2016, Li Zaolu left Wandoujia and co-founded VUE.
Co-founder of VUE Vlog, Li Zaolu graduated from Beijing University of Technology in computer science although she was more interested in business management. Upon graduation, she worked in business development for Nokia, NetEase and Wandoujia. She was one of the founding partners of NetEase's Youdao dictionary. In Wandoujia, she led the business development team to bring in new users. Some 700,000 new users started to use the app everyday compared to only 10,000 a day when she started. From 2014 to 2015, Wandoujia's business share was taken by tech giants. In 2016, Li Zaolu left Wandoujia and co-founded VUE.
Founder and CEO of Angon
Agif Arianto has been raising livestock as a hobby since high school. Having learned about the problems that Indonesian farmers face, especially ones caused by dishonest middlemen, he has resolved to alleviate these woes. He founded Angon as a trading platform for users to invest directly in quality livestock which can be subsequently sold for profit.
Agif Arianto has been raising livestock as a hobby since high school. Having learned about the problems that Indonesian farmers face, especially ones caused by dishonest middlemen, he has resolved to alleviate these woes. He founded Angon as a trading platform for users to invest directly in quality livestock which can be subsequently sold for profit.
Founded in 2010, Jumei is one of the world’s leading online cosmetics shopping platforms. With over 30 million registered users, Jumei’s monthly sales have exceeded RMB 600 million and it is now one of the fastest growing e-commerce companies in China.
Founded in 2010, Jumei is one of the world’s leading online cosmetics shopping platforms. With over 30 million registered users, Jumei’s monthly sales have exceeded RMB 600 million and it is now one of the fastest growing e-commerce companies in China.
Founded in 1999, Ctrip is China’s leading OTA platform providing accommodation reservation, transportation ticketing, packaged tours, corporate travel management and other destination services. It has over 250 million registered users and is now one of the world’s top three OTA companies by market value.
Founded in 1999, Ctrip is China’s leading OTA platform providing accommodation reservation, transportation ticketing, packaged tours, corporate travel management and other destination services. It has over 250 million registered users and is now one of the world’s top three OTA companies by market value.
Lenovo Capital & Incubator Group
Established in 2016, Lenovo Capital is a venture capital fund that invests in the global technology sector. The fourth business division of Legend Group, Lenovo Capital has invested in and supported more than 80 startups and incubated nine subsidiaries that have more than one billion global users.
Established in 2016, Lenovo Capital is a venture capital fund that invests in the global technology sector. The fourth business division of Legend Group, Lenovo Capital has invested in and supported more than 80 startups and incubated nine subsidiaries that have more than one billion global users.
Founder and CEO of SEE of SEE
Founder and CEO of SEE. Wan Xucheng (b. 1989) previously worked for Tencent, and created products including YingYongBao and Mobile Manager attracting hundreds of millions of users. He owns 13 personal international invention patents. Wan created the world’s leading blockchain technology platform back in 2014 and 2015, and set up SEE in 2015. He was listed in Forbes 30 Under 30 Asia in 2017.
Founder and CEO of SEE. Wan Xucheng (b. 1989) previously worked for Tencent, and created products including YingYongBao and Mobile Manager attracting hundreds of millions of users. He owns 13 personal international invention patents. Wan created the world’s leading blockchain technology platform back in 2014 and 2015, and set up SEE in 2015. He was listed in Forbes 30 Under 30 Asia in 2017.
Founded in 2011, Kika Tech is an international mobile input software developer based in Beijing. Released in 2017 and powered by an AI engine, its core product Kika Keyboard supports more than 20 languages and helps users communicate authentically by predicting intent and context to enhance expressive communication. The company has 500m users worldwide and, as of the end of 2018, earned monthly revenue of RMB 20m. Kika CTO Yao Conglei is also co-founder and CTO of Bailian.ai.
Founded in 2011, Kika Tech is an international mobile input software developer based in Beijing. Released in 2017 and powered by an AI engine, its core product Kika Keyboard supports more than 20 languages and helps users communicate authentically by predicting intent and context to enhance expressive communication. The company has 500m users worldwide and, as of the end of 2018, earned monthly revenue of RMB 20m. Kika CTO Yao Conglei is also co-founder and CTO of Bailian.ai.
Founder and CEO of Nongfenqi
Founder and CEO of Nongfenqi. Serial entrepreneur. Zhou studied E-commerce at the Dongbei University of Finance and Economics. Before founding Nongfenqi, he spent ten years trying to start other businesses. Zhou tried building websites for tourism, private detectives, etc. His real success was a company that helped computer game users buy virtual game tokens. Zhou used the same team and the money he made from his computer game company to found Nongfenqi.
Founder and CEO of Nongfenqi. Serial entrepreneur. Zhou studied E-commerce at the Dongbei University of Finance and Economics. Before founding Nongfenqi, he spent ten years trying to start other businesses. Zhou tried building websites for tourism, private detectives, etc. His real success was a company that helped computer game users buy virtual game tokens. Zhou used the same team and the money he made from his computer game company to found Nongfenqi.
Co-founder and CEO of 8villages
Sanny Gaddafi has been a technopreneur since graduating in 2004 from Universitas Bina Nusantara, Indonesia. He launched a social media platform FUPEI that offered local language options to Indonesian users. He also launched other social media ventures and eventually closed FUPEI in 2012. A chance meeting with French agronomist Mathieu Le Bras led to the development of an SMS-based information network for farmers and the creation of 8villages. Sanny became the CEO when Mathieu exited and moved to the UK.
Sanny Gaddafi has been a technopreneur since graduating in 2004 from Universitas Bina Nusantara, Indonesia. He launched a social media platform FUPEI that offered local language options to Indonesian users. He also launched other social media ventures and eventually closed FUPEI in 2012. A chance meeting with French agronomist Mathieu Le Bras led to the development of an SMS-based information network for farmers and the creation of 8villages. Sanny became the CEO when Mathieu exited and moved to the UK.
Founded in 2012, Heyi Group was established via the merger of China’s two leading internet video channels, Youku and Tudou. The group promotes the creation of original video content through IP licensing, native content production and collaborating with users to generate content. In August 2015, it announced a plan to invest RMB 10 billion in content projects. It was acquired by Alibaba Group in 2016.
Founded in 2012, Heyi Group was established via the merger of China’s two leading internet video channels, Youku and Tudou. The group promotes the creation of original video content through IP licensing, native content production and collaborating with users to generate content. In August 2015, it announced a plan to invest RMB 10 billion in content projects. It was acquired by Alibaba Group in 2016.
Coinscrap: Digital piggy banks for millennials
Smart savings app helps young consumers save and invest every cent of spare change by rounding up payments for purchases
Alodokter wants personalised healthcare on tap
The Indonesian healthcare startup recently got a US$9 million Series B funding for expansion.
Fumi Technology: Getting ahead of human wealth managers with its Webull robo-advisors
Fumi's AI-based fintech platform offers real-time quotes and free trading to over 10m punters in 100 countries
China's recycling startups seek cost-effective ways to make waste management profitable
The high costs of smart garbage bins and automation to sort out recycling have created new headaches for homes and offices
In depth: The business ecosystems China’s tech giants and unicorns build
Startups could accept to join Alibaba, Tencent or other tech giants in their ecosystems and scale quickly. Or they could say no and keep their independence. But do they really have a choice?
Cogo: Tech that helps you cut your real-time carbon footprint through daily choices
Currently operating in New Zealand, Australia and the UK, Cogo is raising $20m to bring its emissions tracking technology to companies and consumers in Asia, Europe and the US
Clear Plate: Anti-food waste AI that rewards the diners who finish their food
Taking little steps to make a big difference in fighting food waste, Clear Plate engages with digital natives to spread the message
Why is it so hard for Chinese edtech startups to make money in an alluring market?
Parents’ willingness to pay and investors’ enthusiasm are not enough to ensure a profitable future for edtechs that still lack a viable business model
China's WeDoctor offers free coronavirus consultations globally in English and Chinese
WeDoctor lets anyone in the world send queries to doctors who fought to save lives in China's most affected Covid-19 districts, and now helping people overseas to stay safe during the pandemic
Interview with Qlue CEO: "We didn't know what a smart city should look like"
Co-founder and CEO of Qlue, Indonesia's largest "smart city" company, Rama Raditya explains how citizen involvement – not high-tech – is the true innovation of smart cities and the agent for change; plus how his startup has grown from partnering governments to businesses, and more
Zhang Yiming: The man who said no to Baidu, Alibaba and Tencent
Rejecting offers from BAT to grow ByteDance, Zhang Yiming has quickly built up a social media content empire that includes TikTok and Toutiao, challenging the incumbents
Geometry Healthcare: Smart toilets that warn you if you are sick, or at risk
Using a biochip for urinalysis and offline health management services, Geometry Healthcare aims to differentiate itself in the smart toilet business
Checkealos: The UX testing platform helping companies boost conversion, engagement and sales
The Spanish startup aims at US expansion with its 13m-strong tester database and simple, intuitive platform
NoMorePass: Free app for safe, easy password retrieval across platforms
NoMorePass is a password storage solution that employs military-grade encryption to guard against hackers and data leaks, rendering cloud-based password managers obsolete
With Spain's property sector booming again, can Wallapop cash in?
Five years on, the online classified advertising platform and darling of Spain's startup scene, Wallapop, is hoping an ambitious move into the real estate market will help it finally turn a profit
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