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Shajia – Let Suppliers Bid for Orders
[Translate] Usually, consumers bid for what they want to buy on the web. But on Shajia, an e-Commerce site, incubated by Innovation Works, it is the suppliers bidding for orders of mobile phones, laptops, digital cameras, and other consumer electronics. The idea came from the company’s founder, Peng Lin. He had worked for Tsinghua Tongfang,...
Stock Radar – a Stock Analyzing Tool
[Translate] I met Feng Yue, founder of Stock Radar at the ChinaBang conference. The 30-year-old entrepreneur was one of the exhibitors at the event. He demonstrated a stock analyzing app, Stock Radar. Stock trading related tools are rather uncommon among startups in Beijing. I was intrigued and met him the following Monday at his office...
91 Assistant hopes to get list in U.S. or H.K.
[Translate] Once the hobby of tech geeks, iPhone jailbreaking is now a lucrative business. In the U.S., the primary jailbroken app store, Cydia — named after the insect that bores into apple trees — earned about US$10 million in annual revenue and counted about 4.5 million weekly active users hunting for apps, according to a report...
Early Tencent member develop iTools
[Translate] Recently, I met an early member of Tencent. His name is Feng Linyi, but most people call him, Night Cat, his nickname. He currently is the CTO of Think Speed Group, a company he founded with a few of his friends, including another early Tencent member, Kung Hoising. Early days in Tencent Night Cat...
Airizu – the Airbnb of China
[Translate] San-Francisco based Airbnb matches people seeking vacation rentals and other short-term accommodation with those with rooms to rent. Its services become very popular, since the company founded in 2009. In last July, we reported about Airbnb’s series B fund raising of US$212 million and a local company, Airizu, which had just started short term...
The future of Angry Bird – Hello Kitty: Part II
[Translate] Continue from our last story about Angry Birds and its developer, Rovio. The 52nd game Rovio was started by three students from Helsinki University of Technology (currently Aalto University School of Science and Technology), Niklas Hed, Jarno Väkeväinen, and Kim Dikert. In 2003, they participated in a mobile game development competition at the Assembly...
The future of Angry Bird – Hello Kitty: Part I
[Translate] I guess most people have played with the game, Angry Birds. The tremendous popular catapult-puzzle game was developed by a Finland company, called Rovio Entertainment. Since the game was launched iPhone two years ago, it has been one of the most popular app on iPhone. Apart from iPhone, different versions of the game are...
Quantity or Quality? What is More Important for a Group Buying Site
[Translate] When we compare between different companies, one of the most important parameter we use is their sales volume. Given the same type of business, the more one can sell, the more successful one is. And we believe that should be true for the group buying sites as well. However, when I talked with a...
Incubation Program – Hong Kong Science and Technology Park
[Translate] Hong Kong is not famous for providing the best environment to entrepreneurs. But if you look around, help is there. Established in 2001 by Hong Kong government, Hong Kong Science and Technology Parks offers incubation program for technology startups in the territory. The program, called Incu-Tech, has been operating since 1992. At first, it...
Online Marketing Firm iClick Raised US$25 Million in Series B
[Translate] Founded in Jan 2009, Hong Kong based online marketing firm iClick Interactive has grown into a company of over 170 people and US$60 million sales in just less than three years. Recently, it has raised a second round of funding, US$25 million, from Bertlesmann, Sunitomo, SSG Capital and OTTO.
Steply, Photo App Platform Has Over 7.5 Million Users
[Translate] Hong Kong based Stepcase was founded by Leon Ho in 2007. Its iPhone photo community, Steply, has over 7.5 million users. In comparison, one of the most popular Android photo app, Camera 360, has about 6 million users.
Mobcent, Making SNS Available to Mobile Apps
[Translate] If you are a mobile app developer, maybe you should check out Mobcent, who presented at Technode’s TNT event last Sunday. Founded last October in Beijing, Mobcent provides tools for mobile apps developers. With a few lines of code, they can add the complete social network functions to their apps. “Adding social network will naturally increase page-view...
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