Lobangclub, a Singapore and Philippines-based startup has changed its name to Save22. If you recall, Lobangclub is a ShopSaavy-like mobile app that lets users compare prices of off-the-shelf items by scanning barcodes. Guyi Shen, the founder, shared his story with us, and we found it so amusing that we’ve decided to just include his whole telling below: Read more
For those who’ve been following the startup scene lately, it’s hard to miss Guyi Shen, co-founder of Singapore-based LobangClub, a price comparison app.
He was a supposed “victim” on the Dragon Den-like reality show Angel’s Gate, where the angels offered him a year’s worth of mentorship in exchange for ten percent equity — a proposition many find ridiculous (read his side of the story).
But more than that, his app has gained quite a decent amount of traction in Singapore, at 38,000 active users in a city of five million since its launch in September 2011. His challenge now is to expand to the region and generate enough revenue to sustain his business.
We caught up with him recently via email to see how’s he doing. Read more
With the surge of smartphones, we are undeniably moving towards a “mobile-first” world. In this space, majority of the mobile companies that took stage on DEMO Asia 2012 aimed to help individual users connect better to the physical world.
Dr Gopi Kudrup, CEO of Telekom Malaysia R&D, highlighted how the prospects of mobile are limitless. However, it was disappointing to see that majority of the startups presented only incremental innovations.
With big players such as Apple having monopolistic power, Arnon Kohavi, Founder of Yarden VC, challenge the general audience to think big. Regardless of where we start our company; a startup should aim to do something disruptive and break existing monopolies.
Here, we give a low-down on whether some of the mobile startups embraced such an outlook. Read more
The winners for the second Asia’s Top 50 Apps award, organized by SingTel Innovation Exchange and e27, were announced on the second day of Techventure, an annual conference that gathers investors and tech entrepreneurs from around the world. Save for the People’s Choice Award, the other winners were picked by a panel of judges.
Four of the five hail from Singapore. Here is the list of winning apps, and descriptions of what they’re about: Read more
People build apps for various reasons. Some do it for sheer entertainment, some just want to show that they can. There are also those who want to build a great product, and others who want to make a statement.
Shen Guyi, co-founder and CEO of LobangClub, certainly belongs to the latter category. ‘Lobang’ roughly means ‘deals’ in Malay, and the LobangClub app has a simple aim — help Singaporeans find a good deal. Read more