5 in 5 minutes - Oct 28th

Carousell acquires Singapore's Caarly

The Singapore-based peer-to-peer marketplace has acquired Caarly, a used car marketplace based in Singapore. Caarly 's 200 used car dealers will be integrated into the cars marketplace section of the Carousell platform.

Hong Kong Startup Council launches program to support local startups

Established by the Federation of Hong Kong Industries, the Hong Kong Startup Council would act as a platform for up-and-coming companies to engage investors, while receiving assistance on aspects ranging from bookkeeping and logistics to patent registration.

The council chairman Jack Yeung Chung-kit expresses that they offer not just monetary support, but also a great network with 32 industry groups.

TEDxWanChai 2016

Established in 2012, TEDxWanChai is one of the most established independently organized TEDx events in Hong Kong. The full-day event will feature global leaders and local thinkers, acclaimed artists, environmentalists, entrepreneurs, and many others.

4 talks we're excited to hear from at TEDxWanChai 2016:

TALK: MAKING A LIVING OUT OF PRISON
Coss Marte is an ex-convict from New York turned fitness entrepreneur after turning his own work-out routine into a “prison-style” fitness camp. How Coss managed to launch ConBody, a prison style bootcamp that has gained over $7,000+ clients?

TALK: THE CRUCIAL ROLE OF CITIZEN SCIENTISTS IN OCEAN CONSERVATION
Jordan McRae, CEO and Founder of OCTO23 Technologies, develops systems to solve major challenges in ocean conservation and climate change mitigation. With the social platforms and technologies of the 21st century, how can we help in ocean conservation?

TALK: THE DIFFERENCE BETWEEN RUNNING AND RUNNING FREE
Diana David, Independent Non-Executive Director at DaVinci Labs Hong Kong, Member of the Advisory Board at NEST Hong Kong, and a Regional Director at Financial Times, is a writer and traveler with a passion for helping people reach their highest potential. Hear her talk to (re)learning how to run free and finding your own definition of joy.

TALK: HOW FINTECH WILL TRANSFORM THE NEXT GENERATION OF BANKERS
Henri Arslanian, a member of the Milken Institute's Young Leaders Circle, teaches graduate courses on Entrepreneurship in Finance and the first FinTech course in Asia as Adjunct Associate Professor at Hong Kong University. As Hong Kong is developing into a FinTech hub, how can designers, programmers and creative thinkers help?

FbStart launches in Hong Kong

FbStart, Facebook's startup program is officially launched in Hong Kong, teaming up with StartupsHK, Metta, Cyberport and blueprint, FbStart aims to help Hong Kong startups to work together with Facebook. FbStart offers mentorship, training workshops and networking events to its member.

China's Live.me processes $1million in virtual gift payments in 7 months

Launched in 7 months ago, Cheetah Mobile's Live.me mobile streaming app has processed more than $1 million in virtual gift payments to its broadcasters. Millions of broadcasters are using the platform and share more than 100,000 hours of content each day.