Taipei, April 30, 2024 /PRNewswire/ — On April 25thnational startup brand “Startup Island” Taiwan, led 15 Taiwanese digital technology startups to host the “TW-PH Tech Summit: Big Data, New Economy”. This marked our first collaboration with major communities such as TechShake, 917 Ventures, and Immorta Corp. With support from the Taipei Economic and Cultural Office, PhilippinesPhilippine Department of Trade and Industry, Department of Information and Communication Technology, National Development Corporation; Taiwan's Startup solution introduced Manila. The event was highlighted by key representatives from unicorn startups GCash and Gogoro Philippines, which bridge cooperation in the digital new economy.
At the event, Dr. leonira barjutThe Department of Trade and Industry provided the following explanation on behalf of the Philippine government. metropolitan manila There are over 1,000 startups in the ecosystem and their value is 3.5 billion dollars. Furthermore, the scale of the digital economy is $350 billion With expectations of government support and investment in 2023, growth is expected to remain high in the coming years.She showed her confidence by Taiwan's Start-ups will seize market potential and favorable conditions and find more investment and business opportunities. Philippines. Major companies such as BDO Unibank, venture capital firms Ideaspace Ventures and Kickstart Ventures, and key community partner his QBO were also in attendance. Furthermore, against the background of close cooperation between countries, Taiwan, JapanASEAN, Marubeni Corporation, Docomo Ventures, JETRO and many other Japanese guests also participated in the network, highlighting their interest and support for Taiwanese startups.
Fifteen Taiwanese digital technology startups participated, covering a variety of fields. Taiwan's Startup strengths include e-commerce and finance, cybersecurity and trust technology, smart manufacturing and IoT, and sustainable related industries. Several Taiwanese startups have already established their operations. Philippines, even establishing a local team there. For example, lifestyle enjoyment platform FunNow and trust technology software company Gogolook are aggressively expanding in the Philippine market. moreover, Southeast Asia We are exploring joint ventures and distribution partnerships to accelerate our market entry. Examples include Kdan Mobile, which sees high growth potential for e-signatures in the ASEAN market, MedFluid, which provides antibody testing for the pet healthcare market, and Turn Cloud, a digital transformation solutions provider. Turn Cloud has reportedly secured its first order for its integrated digital delivery system. Philippines We also signed a memorandum of understanding with the national development company, achieving an important milestone in the country's digital development landmark.
Startup Island Taiwan We invited three NEXT BIG companies: Philippine fintech unicorn GCash, electric two-wheeler leader Gogoro, AI cybersecurity solution provider Cycraft, and FunNow to discuss the Philippines' digital economy and data applications. Taiwan and Philippines. bernard ramzonCEO of Gogoro Philippines believes: Philippines' Its advantage lies in the large daily population movement, which increases the opportunities for diverse services and provides important data for smart city development. meanwhile, Ferdy PerezHead of Product Innovation at GCash, emphasized that data privacy is a major concern for GCash users and governments.
The TW-PH Tech Summit attracted unprecedented attention and response. Philippines Successfully connecting the startup ecosystem between the public sector and large corporations Taiwan and Philippines.
Startup Island Taiwan It symbolizes the journey from the startup island to the international stage. We will prove to the world our strong ambition and ability. Taiwan We evaluate not only startups but also their intent and ability to contribute to other startup ecosystems around the world. The brand's vision is to be a destination for innovation and entrepreneurship for startups around the world, and a springboard for global expansion.
Source Startup Island Taiwan
