5 Questions with Dustin Jefferson Onghanseng, Co-Founder and CEO of uHoo

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Born and raised in the Philippines, Dustin moved to Singapore to pursue a Bachelor of Computing in eCommerce where he first took the leap into entrepreneurship during his time at the National University of Singapore.

Although he was unsuccessful in raising funds for his patented dumbbell design, Dustin gleaned from this first experience that investors are more likely to back startup teams with a proven track record. So he decided to ramp up his work experience by going into management consulting.

After 2+ years of advising senior management of Fortune 100 companies and startup CEOs, Dustin was eager to jump back into startup life and teamed up with his classmates from HKUST’s class of 2014 MBA program to create uHoo.

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Hong Kong Startups HotelQuickly and Bindo Stay Competitive with Mobile Payment Product Updates

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Mobile payments are on the rise with $235 billion transactions processed in 2013, up 44% from the previous year’s $163 billion (Gartner). Mainland China alone has reportedly reached a total of 1.67 billion transactions made in 2013 – worth an unfathomable US $1.6 trillion.

The growth in mobile payment tech not only amps up security and convenience for customers, but it’s also become quite the crowded space for entrepreneurs. Two of our startups, last-minute hotel booking app HotelQuickly and iPad point-of-sale system Bindo, have announced product updates this month in order to maintain a competitive edge.

Just last week, HotelQuickly announced a partnership with PayPal to offer their users a seamless mobile experience. This makes the last-minute hotel booking app the first travel merchant in Southeast Asia to integrate PayPal’s mobile SDK. HotelQuickly customers can now make speedy in-app hotel bookings in just a few clicks.

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Hong Kong Startup Salaries: How Much Do Startups Pay Programmers and Designers?

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[Updated September 1] While finding quality engineers in Hong Kong is a common complaint, the war for talent in established ecosystems like Silicon Valley is just as present. In fact, some tech companies like Facebook and Airbnb have been recruiting interns straight out of high school.

Earlier this year, the founder of a successful enterprise tech startup shared the ludicrous but true story of their efforts to lure a programmer from Google with US $500,000 annual salary as bait. Turns out, the engineer turned down the generous offer because he was already making $3 million in cash and restricted stock units (what are RSU’s?).

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