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What is GreaterBayX?
Liftango has been selected as one of eight companies to be taken to five cities within the Greater Bay Area to explore opportunities for business and collaboration.
Well, what does this mean for Liftango?
Out of hundreds of applications, Liftango was selected along with seven other companies chosen from around the globe to participate in an Urbantech Scalerator.
This is a program designed to accelerate growth opportunities throughout Asia by introducing the ‘Greater 8’ to a select group of Enterprise Partners, VCs, Strategic Partners and government-led grant schemes and their agencies.
In short, GreaterBayX is motivated to help world-class urban tech companies, in the mobility sector to grow through the Greater Bay Area.
Growth on the horizon
2019 has been a year full of milestones for Liftango.
After closing a recent funding round led by Transdev Australasia, sealing top honours at the Asia Mobility Startup Challenge and expanding into the US and Canadian markets, Liftango has its sights set firmly on growth as it expands it’s dynamic carpooling and On-Demand Bus platforms.
“From a geographical standpoint, Asia makes sense to us. The APAC region is slated to take more than 60% of the demand-responsive market by 2030,” says Kevin Orr, CEO and Co-Founder of Liftango.
2020 is shaping up to be an exciting year, with deployments scheduled in the U.S., Canada and Australia. No doubt the excitement and connections produced from GreaterBayX will add more successful projects on the horizon.
Why The Greater Bay Area?
The Greater Bay Area’s population is more than twice that of Canada, making it a fertile environment for mobility solutions such as on-demand buses, or carpooling.
The Area is a cluster of 11 cities with a combined population of over 70 million and a GDP of US $1.5 trillion in South China.
Among the 11 cities surrounding the Pearl River Delta are:
- Hong Kong
Siemens is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. Siemens Mobility is a leading supplier of smart mobility solutions for rail and road transport.
AsiaInfo builds products, services, operations and integration capabilities to provide telecom operators and other large enterprises with software products and related services for business transformation and digitalisation.
Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organisation on the planet to achieve more.
HSBC’s four global businesses serve more than 40 million customers worldwide, and its unparalleled international network links developed and emerging markets, and spans the world’s largest and fastest-growing trade corridors. HSBC has been making substantial investments in its digital and technology platforms to enhance the way it serves its customers.
Headquartered in Beijing, HYDATA specialises in applying AI and Visual Analytics to various scenarios and assists its customers in making informed business decisions. The company’s core business focuses on four major industries: public security, future transportation, digital cities construction, and risk management.
ITC Properties Group Limited is a Hong Kong-based company with its shares listed on the Hong Kong Stock Exchange. ITC Properties is principally engaged in property development and investment in Macao, Hong Kong, the PRC, Canada, and the United Kingdoms, development, investment, and operations of hotels and leisure businesses in mainland China, Hong Kong, and Canada, securities investments, and provision of loan financing services.
MTR Corporation is regarded as one of the world's leading railway operators for safety, reliability, customer service, and cost-efficiency.
More in one week...
Check back in with us in a week to see the GreaterBayX journey unfold and get a sneak peek of the 'Greater 8' companies selected.
Follow Liftango on LinkedIn to hear the latest news.