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5 in 5 minutes - March 24th

HK Startup News Round Up

OnTheList's flash sale pop up becomes permanent with the opening of its first store on Duddle Street

The Hong Kong-based members-only flash sale business OnTheList has taken its popular pop-up concept to a permanent space. The first store will be opened on Duddle Street, Central on 28 March, 2017. Launched in January 2016, the startup is famed for hosting all-day pop-up shopping event that provides members with up to 90% off retail price for premium brands including Armani, Marc by Marc Jacobs and Ted Baker. With the opening of their first permanent store, the startup will host their future events at the same showroom.

Campfire raises US$6M to increase co-working spaces in Hong Kong

Campfire Collaborative Spaces, a co-working community in Hong Kong, raised US$6 million in seed funding from angel investors in the real estate industry to launch 3 new co-working spaces by July 2017. Other than its plan to launch more co-working spaces, it will also launch two co-living spaces which allow entrepreneurs to live and work together.

Whizpa launches crowdfunding campaign on Next Chapter

The Hong Kong-based education review website, Whizpa, has launched its crowdfunding campaign on Next Chapter, a reward-based crowdfunding platform to help parents find activities for children. The crowdfunding campaign runs from March 8th through to May 15th, 2017, Whizpa is aiming to raise US$5,000. Check out their campaign and show your support! 

And click here to learn the best practice in reward-based crowdfunding.

So In So Good partners with Agorize for TechForGood Challenge.

So In So Good, a Hong Kong-based social-tech start-up accelerator, has partnered with Agorize Asia to launch the TechForGood Challenge, a 6-month acceleration program for green-tech and social-tech startups.

Calling for green-tech and social-tech startups, do you want to connect to more partners? test your prototype? reach out to more customers? showcase your products? You have until April 6th to apply for the program!  But don't wait that long, apply now!

Alibaba invests US$145M in mobile gaming through Ali Gaming

Alibaba's gaming unit plans to invest RMB 1 billion (US$145 million) into mobile gaming distribution through its gaming unit Ali Gaming to boost its presence in the gaming sector and build an IP gaming ecology.

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