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Tech in Asia is an online technology news startup based in Asia, with team members all across the region. As a crew of journalists and bloggers with a passion for new ways of delivering the news, we’ve bonded together under one goal – to create a great Asia-focused tech news site to tell the world about the wonderful things that are happening here. Subscribe to our daily newsletter.
Founder and CEO of mobile ad network giant InMobi Naveen Tewari has come a long way. Tewari is an engineer by training, studied at Harvard Business School, and worked at consulting firm McKinsey. In between all that, Tewari also had some experience working in startups while he was in Silicon Valley.
Entrepreneurs being entrepreneurs, Tewari was very fascinated with the rapidly changing mobile internet. He wanted to build something which he could call his own. Tewari and his team started to ...
Today, Memebox is the Birchbox of South Korea; the beauty sample subscription and e-commerce service is leading in terms of marketshare, gaining thousands of fans and pulling in over S$1-million in annual revenue. But that wasn't always the case.
Hyungseok Dino Ha, CEO and founder of Memebox Korea, recently shared his startup's story at a Tech in Asia meetup in Singapore, providing insightful (and honest) answers to questions about how his company grew.
Humble beginnings
At the beginning, the three co-founders raised ...
Nitrous.IO, Action.IO’s software development platform and key product, just got US$1 million in seed funding from a handful of VC firms in Silicon Valley including Bessemer Venture Partners, Draper Associates, CrunchFund, 500 Startups, TIBCO Software, and individuals like Eduardo Saverin and Prosper Nwankpa.
The whole idea behind Nitrous.IO is to help “developers create a development environment in the cloud in a matter of seconds.” If I have a developer team and I want to build and implement a software product, it ...
China’s Ministry of Industry and Information Technology (MIIT) is pressuring Tencent to subsidise telcos in China for supporting the huge data demands of the user base of its popular IM chat app WeChat. There are a total of 300-million WeChat users globally and 260-million residing in China. According to Chinese authorities, either Tencent or its users have to foot the bill. But Tencent president, Martin Lau, confirmed over the weekend that WeChat will remain free to users. Good news for ...
Hear ye, all you who are interested in raising capital but are sick of trying to convince the rich people to invest in your idea. Try tapping into the masses instead. Besides raising money, crowdfunding also serves a marketing purpose. It’s another way of getting the word out on your idea and to test your concept.
Here’s a 10 step guide to running a successful crowdfunding campaign, with some insights from Daryl Arnold of Newton Circus. I’ve included step zero as ...
Indonesia is awesome. Its capital city of Jakarta is one of the biggest social media users in the world. And a McKinsey report believes that the country is on track to becoming the world’s seventh biggest economy by 2030, placing it ahead of currently more developed countries like the UK and Germany.
Indonesia is also the third biggest democratic country, and it has held smooth presidential and parliamentary elections too. While many would prefer to make their living in a more ...
Having spent the past two years building a company in Hong Kong, I can testify that it is f**king hard. In the beginning, ignorance is bliss. You allow your sexy PowerPoint slides to seduce you into believing your big idea is flawless. Your projections are up and to the right and you feel invincible. You sleep great at night and have the energy and ego to believe you will change the world.
It’s not until you quit your job, realize you ...
It’s been quite some time since Project Eden, Indonesia’s first startup accelerator, made an announcement. In fact, the last time it did so was back in 2011. What happened? We talked to Project Eden board members Natali Ardianto and Aulia Halimatussadiah (Ollie) about the program’s hiatus. But most importantly, both of them shared the biggest lesson they learned from running the project: don’t spoonfeed startups.
Natali said that the first mistake was that they selected the startups mostly based on the ...
Lei Jun wears many hats -- he’s Xiaomi CEO, the board chair at Kingsoft and an Angel investor -- and is one of the most respected figures in China’s tech industry. As one of the wildly successful Xiaomi co-founders, he’s also someone worth listening to when it comes to China’s startup scene. In a recent interview, the Beijing News asked him what he thought the differences were between Silicon Valley and China. Here’s what he said:
The biggest difference in ...
Marissa Mayer may have decided that working from home doesn’t work anymore for Yahoo, but that doesn’t mean that working from home isn’t the best option out there for some tech companies. And for startups it seems like a no-brainer. Here’s why:
No rent, no utilities. This is big, obvious reason that everyone should already know: if your team works from home, you don’t have to rent office space or pay for anything like heat, internet connections, electricity, phone lines, or ...
