StartUp Event Facts

- A quarter's earning of global financial services market can buy Amazon, Google, Facebook & Apple
- Starbucks earned their 8% of profits from the interest generated via their loyalty cards. It's bigger than any bank in the world
- 90% of all successful startups are self funded
- Smartphones would vanish in the next 10 years.. They will be replaced by AI and IoT.. There are 50 billion devices on IoT already
- Flipkart started off as a price comparison website.. But when they discovered that there are no portals to compare price, they decided to become one. Common floor started as coupon website
- India has 80 million people in rural areas, out of them 28 million are entrepreneurs and less than 10% has a website. A company making websites for Rs 5000 can become a billion dollar company by tapping this market.
- Any successful eCommerce venture in India can be easily replicated in Indonesia, as they have almost equal mindset and temperament,
- eCommerce portals in China have an average delivery time of 4 hours within the city and 48 hours anywhere in the world, including Antartica
- 75% of Hong Kong's population uses their metro service.. This includes several millionaires and billionaires
- Hong Kong has a population of 7.2 million, but receives 65 million tourists in a year
- You can start a business in Hong Kong with a startup capital of 1 HK$ and it takes just 60 minutes to incorporate it.

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