Catherine Wang

Hong Kong

Reporter and Writer at Forbes

Reporter @ForbesAsia @Forbes | All about startups and their investors | At home in HK 🇭🇰, from NYC 🇺🇸 | https://t.co/ETerhhqv1z

Featured in: Favicon

forbes.com Favicon

microsoft.com Favicon

cnn.com

msn.com

yahoo.com

worldbank.org Favicon

scmp.com

globalnews.ca Favicon

abs-cbn.com Favicon

forbes.com.br + 58 more

Articles

The one luxury these billionaires say they can't live without

1 week ago | forbes.com.au | Monica Hunter-Hart |Conor Murray |Catherine Wang |Chase Peterson-Withorn

An exclusive Forbes survey reveals the number one must-have item of the super-rich. Billionaires have been known to indulge in just about every luxury imaginable: Picassos. Diamonds. Private concerts by A-list pop stars. Super yachts with cinemas, spas and submarines. Trips to space. Because there's almost nothing a three-comma fortune can't buy, billionaires are often accustomed to owning the best of the best of whatever they want.
Venice locals protest billionaire Jeff Bezos as Italian wedding looms

2 weeks ago | forbes.com.au | Conor Murray |Catherine Wang |Chase Peterson-Withorn |Phoebe Liu

Venice locals are staging protests against Jeff Bezos, Amazon founder and the fourth richest man in the world, as his wedding to journalist Lauren Sánchez looms later this month, with a group called "No Space For Bezos" hosting a demonstration Friday afternoon to protest what they fear will be an extravagant display of the billionaire's wealth.
Founder Of Insta360 Becomes A Billionaire

2 weeks ago | forbesmiddleeast.com | Catherine Wang
Forbes JAPAN 公式サイト（フォーブスジャパン）

2 weeks ago | forbesjapan.com | Catherine Wang

トップテクノロジー製品中国のアクションカメラ「Insta360」が上場、33歳の創業者がビリオネアに中国の深センに本拠を置くアクションカメラメーカー「Insta360」が6月11日、上海証券取引所に上場した。同社の株価は、新規株式公開（IPO）の初日にほぼ4倍に急騰し、時価総額は710億元（約1兆4200億円。1元＝20円換算）に到達。33歳の創業者の劉靖康（リウ・ジンカン）はビリオネアとなった。 Arashi Vision（嵐視覚科技）の名で取引される同社株は、11日に上海証券取引所のハイテクスタートアップ向けの科創板（スターマーケット）に上場し、19.4億元（約388億円）を調達した。初値は182元（約3640円）と、公開価格の47.27元（約945円）から285％高で始まり、最高で188元（約3760円）近くに達した後、終値は177元（約3540円）となった。この上場は、今年の科創板における最大の上場案件となった。Insta360は調達資金を主に今後の研究開発に充てる予定という。 2015年にInsta360を創業、保有資産は推定約3900億円...
Founder of Chinese camera maker Insta360 becomes a billionaire upon IPO

2 weeks ago | forbes.com.au | Catherine Wang |Chase Peterson-Withorn |Phoebe Liu |Billy Bambrough

At age 33, Liu Jingkang has earned a fortune of $2.7 billion by selling 360-degree action cameras. Shares of Chinese camera maker Insta360 almost quadrupled in their public debut on the Shanghai Stock Exchange, valuing the company at about 71 billion yuan ($9.9 billion) and making its 33-year-old founder, Liu Jingkang, a billionaire.
Founder Of Chinese Camera Maker Insta360 Becomes A Billionaire Upon IPO

2 weeks ago | forbes.com | Catherine Wang

Liu Jingkang, founder of Insta360. Courtesy of Insta360Shares of Chinese camera maker Insta360 almost quadrupled in their public debut on the Shanghai Stock Exchange, valuing the company at about 71 billion yuan ($9.9 billion) and making its 33-year-old founder, Liu Jingkang, a billionaire.
Virgin Australia seeks $2.3 billion valuation at IPO, reports

3 weeks ago | forbes.com.au | Anastasia Santoreneos |Catherine Wang |Richard Nieva

The airline is set to re-enter the ASX and looking to raise $685 million in its initial public offering, Reuters reports. Key Takeaways Virgin Australia is set to IPO on the Australian Securities Exchange, seeking $685 million. It will sell 236.2 million shares, which will value the airline at $2.32 billion, according to a term sheet seen by Reuters. Bain Capital, the airline's owner, will have its shareholder reduced to 39.4%, while stakeholder Qatar Airways will keep its 23% share.
Japan’s Mitsubishi Introduces New $700M VC Fund

3 weeks ago | forbesmiddleeast.com | Catherine Wang
Japan’s Mitsubishi Launches $700 Million VC Arm

3 weeks ago | forbes.com | Catherine Wang

Japanese conglomerate Mitsubishi Corp. has launched its first corporate venture capital arm with a total fund size of 100 billion yen (about $700 million). The fund includes capital already deployed by Mitsubishi’s eight business groups. Titled MC Global Innovation (MCGI), the new CVC will “make flexible investments across a broad range of sectors,” Mitsubishi said in a statement.
Forbes JAPAN 公式サイト（フォーブスジャパン）

3 weeks ago | forbesjapan.com | Catherine Wang

日本が国内の半導体エコシステムの構築に向けた取り組みを活発化させる中、東京に本社を置くチップ設計のスタートアップEdgeCortix（エッジコーティックス）が5月28日、日本の政府系機関から30億円の助成金を受けたと発表した。同社は、人工知能（AI）分野で急成長している、アプリケーションをクラウド上ではなくデバイス上で直接実行できる「エッジAI」向けチップの開発を推進する。今回の資金は、新エネルギー・産業技術総合開発機構（NEDO）によるプロジェクト採択という形で提供されたもので、設立5年のエッジコーティックスの累計調達額は8600万ドル（約123億円。1ドル＝143円換算）に達した。このうち4900万ドル（約70億円）が日本政府の支援による研究開発資金で、3700万ドル（約53億円）が株式による外部からの資金調達とされる。エッジコーティックスは、昨年11月にもNEDOの別のプログラムから40億円の助成金を受け取っていた。...