Referring to the phrase “technological start-up”, most of us will think of technological products and creative and innovative technologies. From the iPhone we use every day, to the electronic payment services we use, all are the results of bold best tech startup ideas. Here, let’s take a look at the 5 best tech startup projects that have changed the way the world operates today.
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1. Uber
Uber is a mobile app that connects customers in need of transportation with drivers. The service is reasonably priced and offered in more than 130 places throughout the world. Both Uber and Grab are technology firms in the popular ride-hailing service and have been active in Vietnam since 2014. (mainly taxis and motorbike taxis).
Uber was founded in 2009 in the United States and now has a market capitalization of $68 billion. Uber is also regarded as one of the world’s most successful “startup” projects. Uber’s growth potential is still quite strong, despite the fact that it is currently under a lot of competitive pressure and many disruptions in critical positions. Many people consider this to be the best tech startup.
2. Airbnb – the most prominent technology startup
Airbnb, an internet site that connects customers looking for vacation and another short-term lodging with people who have a property to rent, has swept the industry. Despite being mired in a big scandal involving landlord theft and poor customer service, the company’s valuation hit one billion dollars in 2011. Airbnb was quick to respond to users, update its services, and put in place protections for its hosts, and as a result, the site grew in popularity like never before.
3. Instagram
Instagram is a well-known photo-sharing program that offers filters to improve image quality. Instagram broke download records after the Android version was introduced, and it grew into a massive community of over 50 million committed users. With no advertising budget, Instagram relied solely on its “crazy” fan following to spread the word to other potential customers, and the technology firm was subsequently purchased by Facebook for $ 1 billion.
4. Lufax
Lufax is a web-based financial company that specializes in peer-to-peer lending. Lufax acts as a mediator between persons who have cash and those who need a loan to invest. Lufax will charge 4% of the total loan amount as a fee on each loan.
This company also offers a network of connections with investment funds, insurance companies, and financial consultants to help make all transactions as transparent and secure as possible. Lufax’s service had ten million registered users as of early 2015. This technology startup is currently valued at $18.5 billion USD.
5. Global Living
People’s attitudes about underdeveloped countries have changed as a result of Global Giving. Global Giving has raised more than $65 million and sponsored over 5,000 projects by building a network of donors that fund grassroots projects all around the world. Giving back has the potential to develop a thriving social community.
In the contemporary 4.0 startup movement, the four best tech startup ventures are transforming the globe. Hopefully, the preceding essay has given you a better understanding of current technology developments in the startup sector, allowing you to develop ideas for your own initiatives.
