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21 Uber drivers arrested by police in Hong Kong

They were suspected of doing business without a hire car permit and third party risk insurance 

Qupital gets US$2M seed funding from MindWorks Ventures, Alibaba Entrepreneurs Fund to help SMEs get through the month

Qupital sees opportunity in its home market Hong Kong, where 25 per cent of SMEs are struggling with unpaid invoices 

Tinder rules in Asia, but data shows it is fuelling competition

The fact that the most popular dating apps are largely variation on Tinder's swiping features demonstrates that easily finding dates with a few finger swipes has an universal appeal among young generations 

Singapore Life raises US$50M in one of the largest Series A rounds by an insurtech startup

Investors are HKEx-listed integrated financial technology group Credit China FinTech and UK-based investment firm IPGL 

Taiwanese startup 17 Media merges with dating app Paktor, raises funding from KTB Network

This is Paktor's third major move in 2017, following several strategic acquisitions, a relaunch in South Korea, and the appointment of a new CFO 

Oddup raises US$6M from Times Group, others to help VCs rate startups before investing; to expand to India

Existing investors 500 Startups and Click Ventures and new investors Silicon Valley-based Moneta Ventures and White Capital have also joined the round 

Lynk raises US$4M to provide on-demand business advice and consultations in Asia

Lynk’s clients include many of the world’s leading investment houses, top-tier consultancies, corporates and startups 

Gobee.bike launches in Hong Kong, raises seed funding led by Swiss Founders Fund

Starting with over 1,000 smart bicycles, Gobee.bike aims to grow to 20,000 bicycles by July 

Hong Kong comes out swinging in 2017; Here are 4 developments that make it a great year for startups and innovation

Location is one of the city's greatest strengths, with access to half the world's entire population with a mere five-hour flight