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Gobi's Crouching Panda Hidden Tapir II Demo Day Ends Successfully in Beijing

Last Wednesday, Gobi hosted their "Crouching Panda, Hidden Tapir II: Demo Day", event at JW Marriot in Beijing. The event was aimed at providing opportunities for in-depth discussions and creating collaborations between domestic and foreign investment companies and entrepreneurs from Southeast Asia. 

This year's Demo Day attracted more than 100 investors and entrepreneurs from home and abroad. Also present at the event were Gobi's strategic partners from overseas: Mr. Kenny Ho, head of Alibaba's Southeast Asia and India Investment department and Executive Director of Alibaba Group; Mr. Park Younghoon, Executive Vice President of GS Shop, and Mr. Shahril Anas bin Hasan Aziz, the CEO of Malaysia Venture Capital Management Berhad (MAVCAP). Mr. Kay-Mok Ku, a Partner of Gobi ASEAN, participated in a discussion on Gobi's Chuhai Demo Day. Portfolio company Airwallex, a FinTech unicorn offering cross-border payment services, shared their experience on growth, internationalization, and regionalization. 

10 Gobi portfolio companies were invited to the Demo Day, coming from regions such as Southeast Asia, the Middle East, Hong Kong, and China. 

Shopline

Shopline is Asia's leading e-commerce enabler that helps sellers build on their sales via their platform. The Shopline team has a presence in Hong Kong, Taipei, Shenzhen, Malaysia, Vietnam, and other locations, and has worked with more than 150,000 brands in five years. Since its launch, Shopline has received funding from the Alibaba Hong Kong Entrepreneurs Fund, China Development Bank, 500 Startups, as well as other investment companies.  

Aqumon

Founded in Hong Kong, Aqumon is a leading FinTech startup that combines finance, algorithms, and tech to deliver transparent, real-time, and low-cost financial solutions to investment companies and retail customers. After more than three years of developing their products, the company has had over 30 investment clients including Huaxia Fund, BOC International, and BOC Hong Kong. Their products for retail companies are widely known throughout Asia and the rest of the world. Currently, Aqumon's investors include the Alibaba Hong Kong Entrepreneurs Fund, BOC International and Hong Kong University of Science and Technology (HKUST); they are now fundraising. 

Qupital

Qupital is a Hong-Kong based company that is dedicated to building a one-stop trade finance platform for cross-border e-commerce companies and SMEs through the use of a cutting-edge tech and management system. By building bridges between companies and professionals investors, Qupital helps struggling companies to quickly and efficiently turn their debt around, while also creating a high-return short-period asset class for investors. The company has raised their Seed and A rounds from the Alibaba Hong Kong Entrepreneurs Fund and Credit Suisse respectively, and their total amount raised has now exceeded RMB 110 M. 

Pickupp

Pickupp is a logistics platform that offers the delivery of goods using different modes of transport. Customers can ship goods at any time, from anywhere, at a favorable price. The company specializes in providing point-to-point, daily delivery within four hours to residential, commercial and industrial addresses. The company currently has operations in Hong Kong, Singapore, Malaysia, and Vietnam, and serves over 10,000 online and offline customers. 

Arsys Media

Arsys Media is the Philippines' biggest media advertising platform, covering a majority of the elevator advertising spaces in Greater Manila. The company has been growing rapidly; after a year, it has built out its key advantage, placing ads for clients in the most strategic locations in buildings. Simultaneously, the company has built an advertising system and on-boarded major brands as clients, including Lazada Philippines, Huawei, CSA, San Miguel, and Globe. Int he future, Arsys will be looking to expand its business to other parts of Southeast Asia, thereby becoming the first media advertising platform to cover the whole region. 

Deliveree

Founded in 2015, Deliveree is a logistics service provider that offers daily courier services to its customers. Users can find certified drivers to help deliver their goods by searching for them on Deliveree's platform. The company's business now covers three countries: Indonesia, the Philippines, and Thailand. Their platform has over 10,000 registered drivers, and the number of times their app has been downloaded has exceeded 10 million. 

HolidayMe

HolidayMe is an OTA that offers customized hotel, flight, and tour packages to customers in the Middle East. They are working directly with the Saudi government to offer their services. Users can book their travels via the HolidayMe platform and can even arrange ground transportation services with the company's affiliates, thus ensuring better service and a lower price.  

EasyParcel

EasyParcel is a logistics aggregation platform that is operating in Malaysia, Singapore, Indonesia, and Thailand. The company provides various types of logistics services for e-commerce merchants and SMEs. 

Sorabel

Sorabel is an Indonesian e-commerce fashion startup that was formerly known as Sale Stock. At the beginning of 2019, the company rebranded itself in order to strengthen its position as a known brand for women's fashion. Sorabel sells affordable clothing to its customers via their platform, which is available on phones and PCs. 

Carsome

Carsome is Southeast Asia's leading car trading platform that helps its users sell their cars within one day by providing free online evaluations and free inspection services. Founded in Malaysia in 2015, the company has now expanded to Singapore, Indonesia, and Thailand. 

As the first Chinese venture capital firm to enter Southeast Asia, Gobi's investments now cover many countries and regions in the world. Gobi's Managing Partner Michael Zhu says that with globalization and the development of the One Belt One Road policy, the pace at which a company should expand overseas is accelerating; thus, expansion to Southeast Asia should no longer just be a choice for Chinese startups to consider. Equally important is the setting up of funds, selecting teams, and guiding the development of investment companies that are funding these startups. In the future, Gobi will continue to further strengthen its investment strategy in Southeast Asia and pursue the globalization of the investments they have made in the region.