Taiwan News: MoFA Threatens Airlines with Legal Action, Pension Vote Looms
Your daily bulletin of Taiwan news, courtesy of ICRT.
‘It’s Not Rocket Science’ - Uber Exec Hits Out on Taiwan
Taiwan needs a legislative structure that fosters the new digital economy, according to David Plouffe, a visiting Uber executive and former advisor to U.S. President Barack Obama.
Investments in Taiwanese Start-ups Nearly Tripled in 2015
In 2015, 29 Taiwanese start-ups received investments of more than US$450 million in total, which is almost triple the amount estimated in 2014. The considerable growth in incoming capitals shows that Taiwanese start-ups are attracting more attention from international venture capitalists, and actual investments are also increasing.
Alibaba Launches US$ 307 Million Fund for Taiwan Start-ups
Alibaba executive vice chairman Joseph Tsai points out, executive chairman Jack Ma found out from talking to Taiwanese entrepreneurs that the common concern is a lack of young successors. In order to help young people build start-ups, Alibaba will give out NT$10 billion (approximately US$ 307 million) of venture funds.