Keep Looking at Klook

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In 2008, Brian Chesky, Joe Gebbia and Nathan Blecharczyk founded Airbnb, today the startup is valued at over 10 billion USD and has disrupted the traditional travel industry in a major way and currently offer more rooms than several large hotel groups in the world. In the past few years, many others have sought to disrupt the travel industry with their start-ups too. These start-ups have brought a wider variety of choices, prices and experiences to consumers and one of the most recent ones is Klook Travel. A Hong Kong based start-up announced earlier this week that it has completed a US$1.5 million seed investment round, mainly led by Mainland China tech veteran, Xiaoguang Wu (Tencent’s Senior Executive Vice President and CEO of E-Commerce) earlier in February 2015.

According to the co-founder of Klook, Eric Gnock Fah, the company, which name stands for ‘Keep Looking’, is a one-stop-shop for travelers to explore and book a curated selection of fun-things-to-do from a skip-the-queue Hong Kong Disneyland ticket to underwater shipwreck diving adventures in Bali. The company aims to “revolutionize the lengthy, tedious process of itinerary planning into an efficient, hassle-free experience while offering exclusive deals up to 50% off and ensuring all travel picks are carefully verified”.

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Hong Kong Startups Come Together to Bring Relief Items to Nepal

How-to-help-nepal1source: @KellyPhotos

On April 25th, the worst earthquake in over 80 years struck Nepal, killing over 7,000 people. The death toll continues to rise. Hundreds of thousands of people have been left homeless. Aftershocks continue to rock the country, further damaging already weakened infrastructure and buildings. People need our help.

donatefornepal.org is a project to raise critical relief items (tents, tarpaulins and water purifiers/ water purification tablets) for Nepal from the Hong Kong community. We’re working with many Hong Kong startups to bring the relief items quickly to the people in need. [Read more…]

The Hong Kong Startup Ecosystem: What’s Next?

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Before looking at the future of the Hong Kong startup ecosystem, it’s important to begin with the past. The Hong Kong startup ecosystem has seen tremendous progress during the past five years.

The most important factor has been the entrepreneurs themselves. Without entrepreneurs, there would be no ecosystem. To build teams, of course additional talent has been needed, and Hong Kong has seen a strong mix of immigration and inspired young people. Next, capital from angel investors and real estate from co-working spaces has provided the the basic resources for starting a company. The first accelerator in Hong Kong, AcceleratorHK, was started by  my partner Stephen Forte and Paul Orlando, with a wave of new accelerators now following. Education was added to the mix when my partner Allison Baum brought General Assembly to Hong Kong, and there are currently several options for learning the basic skills about startups.

So what’s next?

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