Business

Is online trading applicable to food as well? by Angela Cheung Online food delivery services are growing and well-suit bustling Hong Kong. Foodpanda, Deliveroo and UberEATS are the main online food delivery service providers in Hong Kong. By partnering with different F&B businesses, they provide on-demand delivery services between customers and businesses. Hong Kong is one of the youngest markets of Foodpanda. They offer more than 1,000 restaurant options such as Jamie's Italian, Hungry Korean and Cali-Mex. Foodpanda provides the online food delivery service in 24 countries. It has been operating in Hong Kong for nearly five years. Alexander Roth, CEO of Foodpanda Hong Kong, said that they see a growing trend in these services. "I don't personally see it as a competition. Foodpanda, specifically in Hong Kong, is a educational process." Roth says despite the fierce competition within the F&B industry, businesses are getting more engaged with the online media. "There are a lot of different functions, menu items and restaurants we have but others don't. They are the key differentiators of different companies." 70% of the transactions are completed with the mobile application. Roth says more businesses are trading online than ever before, mainly because of its convenience and busy lifestyle of Hongkongers. Citizens in Hong Kong are worried whether these delivery services use a proper packaging when delivering from the restaurant to the customers. Abid Khan, 29, a master's student in Supply Chain Management, questioned whether these companies use appropriate materials to maintain food temperature in the delivering process. "The kind of delivery bag and how often they clean them is the two main operational factors which the consumers need to consider[when choosing which service provider to go for]." Simon Li, 47, a local resident, says he would not use these services because he prefers traditional dine-in …

The story of an entrepreneur and his eco-friendly business by Nicole Kwok Graffiti is often associated with vandalism and rebellion, but with the growing popularity of street cultures, graffiti is now becoming a booming commercial design element, especially for interior design. "Couldn't say Hong Kong is a place that embraces graffiti as much as in the UK, Brazil, or Germany," said Hannah Smith, director of creative company Graffiti4hire. "But I think more people are changing this by subtly putting graffiti up in interiors, commercial spaces, or on objects meant for marketing use. They want people to see them as aesthetic pieces of arts." Graffiti4hire is a UK creative company that contacts graffiti artists for customers who plan to have graffitis for their businesses as design solutions. The company launched in Hong Kong in 2014 because they saw growing potentials from emerging popularity of graffitis. Since then, they have hired six local artists and over 100 international artists. The company's business has 2-3 per cent of steady growth every year. They are planning to do pop up exhibitions for their artists in the future, hoping to showcase their work and attract more opportunities. "Clients range from restaurants and our commercial spaces to hotels and gyms,"  Smith said. Rocky Lam, owner of New York Diner in North Point, put graffiti on three walls in the restaurant. "What kind of art could make a statement and create the vibrancy that my restaurant needs?" said Lam. "Then came the idea of having graffiti as my major design element here." He said the cost of putting up graffitis is at least 20 per cent less compared to other design decorations like brass pipes and lamps that relate to his restaurant's industrial, New York style theme. They help to market his business. "I think they have …

  Automatically generated news has flooded the financial news industry. But is it as good as the stuff produced by humans? by Alfred Lam and Daniel Ma News is not necessarily written by humans nowadays. Computers can do the job too. Computer programs such as Automated Insights and Narrative Science have been helping news agencies like the Associated Press (AP), Forbes and Yahoo to automatically generate articles based on financial data and sport competition results. AP now produces nearly 4,300 earnings stories per quarter – a 14-fold increase over its human efforts, according to Automated Insights. Ryan Thornburg, associate professor at the University of North Carolina at Chapel Hill, said there is an initial capital cost  in using such software, but then the cost of generating the articles gradually falls. The snag is that the articles may not be of high quality. Thornburg added that with technology, journalists who only have basic skills such as describing traffic accidents and recording videos will have difficulties finding jobs. "Students who want to be journalists need to learn how to make good use of these tools," Thornburg added. "They need to go more in-depth than the algorithms can." He said only a few companies can compete in the area of automated article generation since most news organizations do not have a big enough to justify the use of such a technology. But Tom Grundy, editor-in-chief of Hong Kong Free Press, said the technology is immature. "You still need human beings for the analysis and context." Grundy said machine journalism needs many more years to move beyond writing dumb stories and start to produce quality journalism or important investigations. The chief editor said he did not know any news organizations in Hong Kong that adopt this technology. "Basic stories like financial results and sports …