News Archives - Page 164 of 261

WIP Connector Party @ Mobile Asia Congress Hong Kong on November 16

October 21, 2010 by shkadmin

CALLING ALL MOBILE START-UPS AND HONG KONG DEVELOPERS! THIS IS THE MEET-UP OF THE YEAR!

We are very excited to have the WIP Connector Party in Hong Kong with Mobile Asia Congress (MAC)!

WIP Connector Party

November 16, 2010

7:30 pm – 10:00 pm

Bulldogs Bar & Grill
G/F, 17 Lan Kwai Fong
Hong Kong

Cost: FREE

Bring: Tons of cards and your apps!

This is “THE” Developer Party at MAC so make sure you come and connect with all the members of the mobile ecosystem. This won’t be just any boring old party. Just like at our WIPJams, we mean it when we say “NO Ties” at our party.

Drinks and Refreshments will be served! Don’t miss out on the fun, please register now so you can secure your spot and meet mobile developers from around the world right here in Hong Kong:

http://www.wipconnector.com/wipjam/mac2010_registration

It’s filling up fast so better sign up soon.

Filed Under: News

MaBelle Announces HKD $500,000 Contest for Facebook Game Developers

October 19, 2010 by shkadmin

If you are a FB game developer, or are at least interested in it, you should come to the meetup tomorrow night at BootHK at 8pm (October 20th).

If you don’t have time, at least check out the details of the contest.

Quick summary:

Develop a Jewelry related game that helps to both build MaBelle’s brand while helping customers to know more about jewelry. There needs to be some element that allows for linking the game to some sort of end sales, perhaps by unlocking custom pieces that are otherwise unavailable for purchase, or by allowing the customer to become a mini-retailer.

The top winning entries will win a part of the total prize money, currently set at HKD $40,000 per 10 runners ups, and HKD $100,000 for the finalist. The finalist will also potentially get a contract for developing the final game as well.

The end product must have Traditional Chinese available, but developers of any background are welcome to participate.

Since the goal is to have the developer available to work together with MaBelle on the final version, the contest is limited to those that have the ability (and will) to come to meet in HK regularly.

Filed Under: News Tagged With: contest, facebook, mabelle, money

Group Buying Econ 101

October 18, 2010 by shkadmin

We just finished up a Startup Monday meetup and are discussing what will happen to the group buying companies in the coming months.

Here is my take:
1. The cost the consumer expects will trend towards some equilibrium point that doesn't allow margin for the buying site. This is where the red and green lines cross and the blue line is shown.
2. The price that the retailer is willing to offer will trend up, leading to reduced margin for sites.
3. As shown in the chart, any deals above the blue break even line will have margin, anything below will have negative margin.

So, what does this mean? As the two market forces trend, this will push the price toward the no margin or negative margin and will force companies out of the market. It will be an opportunity to innovate or die.

Filed Under: News