in addition to bilingual slides, basic knowledge about china and eloquence in a limited three-minute speech time, 10 entrepreneurs from australia demonstrated their eagerness to seek local partners and grow their startups in the country.
the speakers were from muru-d, a startup accelerator supported by telstra company. the event was organized yesterday by invest shenzhen, shenzhen's foreign experts bureau and shenzhen investments holdings co. to bridge australian startups with potential investors and partners in china.
"historically, the australian tech startup scene has focused almost exclusively on the u.s. market, but the scenario is starting to change with the rise of china. we want these entrepreneurs to consciously think about the chinese market and seek investments here," said mick liubinskas with muru-d.
the global market value of customized sports equipment exceeds us$450 billion and at least 1,126 product lines can make customized products, said gary elphick, ceo of disruptsurfing.com, on which clients can purchase unique surfboards made by 3-d printers.
among the startups, several are targeting the education market. funetics is a phonetic english technology platform that helps users around the world master english pronunciation and comprehension. vclass is a hybrid platform that combines the power of the internet, voip (voice over internet protocol) and traditional pen-and-paper approaches to create an online teaching experience. chattykidz helps teach children to read online by giving them access to books, services and people.
jemma xu, ceo of tripalocal.com, expects a 20 percent growth of overseas tourism by chinese people. xu established the startup to help travelers seek authentic local experiences in australia and new zealand and has almost completed the first round of seed funding, worth more than us$700,000, to expand his business into other markets.
(source:shenzhen daily)
