Asia

January 5, 2015 @ 8:30 am By Jor Law  |  

Billions of dollars have flowed into U.S. companies through a little known program known as “EB-5”.  EB-5 is an immigrant investor program created by Congress in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors.  The program is administered… Read More

December 30, 2014 @ 8:08 am By Erin Hobey  |  

In an international effort, the Malaysian media platform Vulcan Post joined forces with Swedish crowdfunding platform FundedByMe and Korean dating app Between in an effort to raise cash funds for flood victims in Malaysia; more than 132,000 people have been forced to evacuate and crowdfunders… Read More

December 29, 2014 @ 3:28 am By JD Alois  |  

Southeast Asia’s first real estate crowdfunding platform CoAssets has said they intend on launching a print publication covering the crowdfunding space.  Crowdfunders is expected to see its first publication in January and will be available in all major Singapore bookstores. Getty Goh, co-founder and CEO… Read More

December 27, 2014 @ 4:01 am By JD Alois  |  

AutoChina International released its Q3 results along with 9 month results for calendar 2014.  Total revenues for 9 months ended in September were stated to be $591.3 million, a 40% increase over same period last year of $419.8 million.  AutoChina International Limited is a provider… Read More

December 26, 2014 @ 5:56 am By JD Alois  |  

Singapore based peer to peer lending platform MoolahSense curates the companies that seek funding on its platform.  CEO and founder Lawrence Yong recently explained the MoolahSense approach while visiting the studios of CNBC Asia during a segment of The Tech Call.  The platform made its debut… Read More

December 23, 2014 @ 1:27 pm By Erin Hobey  |  

KBBEX, a Hong Kong-based Bitcoin Exchange Platform, has formed a strategic partnership with the Taiwanese Bitcoin Platform BitoEX, to supply bitcoins in more than 5000 convenience stores located in Taiwan. Consumers may now buy bitcoins at all FamilyMart convenience stores in Taiwan. The alliance enables the development… Read More

December 3, 2014 @ 8:43 am By JD Alois  |  

JD.com is moving quickly to leverage their new crowdfunding platform initially titled  “Coufenzi” by signing an agreement to partner with Grameen China, a non-profit and non-governmental group dedicated to eliminating poverty.  JD Crowdfunding will be used to raise money to establish “ground operations” and then… Read More

December 3, 2014 @ 8:15 am By JD Alois  |  

Misfit Shine is a wearable activity tracker that successfully raised funding on Indiegogo in early 2013.  The company went the crowdfunding route not for the money but for the marketing exposure for the sleek device.  The product closed its crowdfunding campaign with just shy of… Read More

December 1, 2014 @ 2:20 pm By JD Alois  |  

Alibaba founder Jack Ma and Pony Ma, founder of Tencent Holding have purchased shares in large China insurer Ping An.  According to a report in the FT (subscription), the pair participated in a private placement by Ping An where the company raised $4.7 billion this past… Read More

November 28, 2014 @ 11:55 am By JD Alois  |  

3D Printer Includes Scanner & Laser Engraver. Just when you thought the 3D printing craze had moved beyond crowdfunding and straight to retail, another really cool project comes along.  FLUX 3D printer is an “all in one” device that is crowdfunding on Kickstarter now and… Read More

November 28, 2014 @ 8:57 am By Yangjie She & Naiwen Zhang  |  

The biggest Peer to Peer (P2P) lending market, China, has been experiencing explosive growth. After two articles introducing the historical growth and outlook for this market, we are going to take a micro look on the huge variety of (P2P) lending platforms emerging in China…. Read More

November 27, 2014 @ 10:59 am By Samantha Hurst  |  

Handcraft India based winemaker, Soul Tree, has launched an equity crowdfunding campaign on Crowdcube to raise £350,000 to expand its already successful business. The company, which has already won various awards such as Startups 100, Real Business Future 50 and Birmingham Chamber of Commerce Award,… Read More

November 27, 2014 @ 7:40 am By JD Alois  |  

In a public release Formax has announced a new “trading community” that seeks to become a “one stop shop” individual trading platform.  Formax states it has collaborated with 6 securities firms in China that aggregates various asset classes including peer to peer lending.  China is… Read More

November 24, 2014 @ 9:40 am By JD Alois  |  

CoAssets, a Singapore based real estate investment crowdfunding platform, has released that total payout on the Asian platform is now over S $120,000 to date with the expectation for that amount to surpass S $ 700,000 over the next 12 months.  Projects listed on CoAssets… Read More

November 18, 2014 @ 8:33 am By JD Alois  |  

Sweden based FundedByMe’s says their strategic decision to focus mainly on business building crowdfunding has proven to be a success.  The hybrid crowdfunding platform claims a surge in membership and new funding campaigns.  FundedByMe’s experience is exemplified by Finnish interactive yoga platform Yoogaia, a young… Read More

November 17, 2014 @ 9:25 am By JD Alois  |  

JD.com or JingDong has announced third quarter financial results today delivering a 111% increase in year over year results in Gross Merchandise Volume (GMV) totaling $11 billion (RMB 29 billion).  Net revenues came  in at $4.7 billion an increase of 61% versus Q3 of 2013…. Read More

November 13, 2014 @ 9:22 am By JD Alois  |  

ieCrowd, a company that seeks to develop innovative solutions for global life and health challenges, has agreed to partner with YuYu Pharma based in South Korea.  YuYu, a publicly traded company, will assist in expanding iCrowd’s access to the Southeast Asian markets.  YuYu is a… Read More

November 12, 2014 @ 11:12 pm By Getty Goh  |  

It is exciting times for the nascent crowdfunding industry in Asia. While the crowdfunding movement is slowly gaining steam, there are still some people who are not clear what it constitutes and the possibilities that it holds. To share my views on the topic, this… Read More

November 11, 2014 @ 12:32 pm By Farah Bashir  |  

  It was only a few weeks ago that CrowdFundHerLive, organized by Woomentum, hosted a live crowdfunding campaign for start-ups led by women. Founded by Mouna Lagendorf, the event attracted a crowd of over 100 women to the site of the event – the MCCAAN offices… Read More

November 7, 2014 @ 12:12 am By JD Alois  |  

Coolest Cooler, the largest crowdfunding campaign ever on the Kickstarter platform, is working with Dragon Innovation to aid in the production process of manufacturing, shipping and delivering over 60,000 tricked out coolers by early 2015.  In a note to backers, project creator Ryan Grepper delivered… Read More